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Revcap and Cobbleyard divested a logistics property in Vantaa

Revcap and Cobbleyard Real Estate divested a logistics property located at Niittytie 12 in Koivuhaka, Vantaa. The 6,400 sqm last-mile warehouse is single let with a long-term lease. Avance advises Cobbleyard Real Estate and its sponsors in the divestment of the warehouse property.
Monday, 18. March 2024

Artisan RE to progress with Edinburgh city centre green neighbourhood

Artisan Real Estate is set to progress with the spectacular homes-led redevelopment of one of Edinburgh city centre's largest potential development sites following planning approval by The City of Edinburgh Council (CEC). Councillors at CEC's Development Sub Committee on Wednesday (13 March) were...
Friday, 15. March 2024

Garbe and Jebens achieve early full occupancy in Hamburg

Garbe Industrial and Jebens achieve full occupancy in Victoria Park Hamburg at an early stage: the technology company Freudenberg Sealing Technologies will move into the multi-user campus. The property, which has a total area of around 12,000 square metres, is scheduled for completion in February...
Friday, 15. March 2024

ELM Group welcomes new board members

ELM Group announces the appointment of Paul Milner and John Osborn to its board as it enters an unprecedented period of growth.
Friday, 15. March 2024

Phoenix Spree raises capital through sales

Phoenix Spree Deutschland has sold of a multi-family property and further sales of condominiums in Berlin. Proceeds from these asset sales will be used to repay debt and for investment in the condominium portfolio in order to prepare assets for sale.
Friday, 15. March 2024

CTP appoints new Managing Directors for Poland and Bulgaria

CTP to announce the appointments of two new Managing Directors for the business. Piotr Flugel has been appointed as the Managing Director for CTP Poland and Daniela Boytcheva has been appointed as the Managing Director for Bulgaria. Both appointments are effective from 1st March 2024.
Friday, 15. March 2024

Three Crowns signs lease at The JJ Mack Building

Helical and Ashby Capital have let the eighth floor comprising 15,484 sq ft of best-in-class office space at The JJ Mack Building, 33 Charterhouse Street, EC1 on a 15 year lease to Three Crowns. The firm plans to relocate from its existing offices at New Fetter Place in early 2025.
Friday, 15. March 2024

Courbet and Louvre Hotels sign new hotel in Cannes

Louvre Hotels Group and the Courbet Group are continuing their collaboration with the signing on March 14, 2024 of a new Kyriad hotel in Cannes under a franchise agreement. The two groups had ...
Friday, 15. March 2024

Deutsche Wohnen publishes preliminary KPIs

Following the Full Year results for 2023 of its majority shareholder, Vonovia SE, Deutsche Wohnen SE publishes the following KPIs for the financial year 2023. The numbers are preliminary. Duri...
Friday, 15. March 2024
UBM and Warimpex sell off stake in Palais Hansen © Warimpex
UBM and Warimpex sell off stake in Palais Hansen © Warimpex

UBM and Warimpex sell off stake in Palais Hansen

Palais Hansen, located on Vienna's Schottenring, was sold as part of a multi-million euro deal. UBM (33.57%) and Warimpex (9.88%) have sold their shares. New owner is the insurance Wiener Städ...
Friday, 15. March 2024

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CapitaLand secures ECB as new anchor tenant at Gallileo © CapitaLand Integrated Commercial Trust
CapitaLand secures ECB as new anchor tenant at Gallileo © CapitaLand Integrated Commercial Trust

CapitaLand secures ECB as new anchor tenant at Gallileo

CapitaLand has secured the European Central Bank (ECB) as the new anchor tenant at Gallileo, the 38-storey Grade A office building located in the banking district of Frankfurt am Main. The fin...
Tuesday, 12. March 2024
AXA IM Alts gets £480m development loan for 50 Fenchurch Street © DBOX for Eric Parry Architects
AXA IM Alts gets £480m development loan for 50 Fenchurch Street © DBOX for Eric Parry Architects

AXA IM Alts gets £480m development loan for 50 Fenchurch Street

AXA IM Alts has secured a £480 million construction loan from Cale Street to fund the development of its 650,000 sq ft (60,000 sqm) next generation office building at 50 Fenchurch Street. Thi...
Monday, 11. March 2024
LIP Invest buys last-mile logistics property in Ruhr region © LIP Invest GmbH
LIP Invest buys last-mile logistics property in Ruhr region © LIP Invest GmbH

LIP Invest buys last-mile logistics property in Ruhr region

LIP Invest acquires a mechanized DHL parcel delivery base in Oer-Erkenschwick, Schüttacker 25, for its „LIP Real Estate Investment Fund – Logistics Germany III“ funds. LIP reached an agreement...
Thursday, 14. March 2024

Running Deals

Phoenix Spree raises capital through sales

Phoenix Spree Deutschland has sold of a multi-family property and further sales of condominiums in Berlin. Proceeds from these asset sales will be used to repay debt and for investment in the ...
Friday, 15. March 2024

Immofinanz sells two office buildings in Vienna

Immofinanz is taking another step in optimising its portfolio by selling two office properties in Vienna. The properties in the 20th district of Vienna have been successfully sold to an Austri...
Friday, 15. March 2024