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Development Securities secures Resolution to Grant Planning for £150 million foodstore-anchored regeneration scheme

UK - Development Securities has secured Resolution to Grant Planning at its seven-acre development site at 399 Edgware Road, North West London, for a £150 million, mixed-use regeneration scheme. more...
Thursday, 23. May 2013

CBRE appoints Rebecca Pearce as Head of Sustainability, EMEA

EMEA - CBRE has appointed Rebecca Pearce as Head of Sustainability, EMEA. In this newly created role, Pearce will work across CBRE’s extensive cross-border business, driving sustainable property and portfolio management initiatives on behalf... more...
Thursday, 23. May 2013
Green Towers in Wroclaw - Photo: Green Towers in Wroclaw

Green Towers opens in Wrocław

Poland - On 22 May 2013, Wrocław Green Towers complex, the first office building in Poland to have been LEED certified with the highest Platinum rating, has been officially opened. Skanska Property Poland developed the scheme, fully leased both... more...
Thursday, 23. May 2013

L&C Mortgages expands further in Newcastle

UK - London & Country Mortgages (L&C Mortgages) has now expanded its business and leased the whole of the first floor extending to 9,680 sq ft, after initially taking 3,500 sq ft of space in September 2012. Bede House, based in a Quayside... more...
Thursday, 23. May 2013

Sharpley Becomes New Chairman Of The Restaurant Property Advisors Society

UK - Roger Sharpley of DE & J Levy has been elected as chairman of the Restaurant Property Advisors Society (RPAS). This is the second time Sharpley, who has over 30 years experience in the sector has chaired the body which provides... more...
Thursday, 23. May 2013
Aidan Baker - Photo: Aidan Baker

Newcastle market divides as out of town offices perform better

UK - The Newcastle office market’s performance looks set to be divided this year, according to new research by BNP Paribas Real Estate, the leading property adviser. Whilst 2013 city... more...
Thursday, 23. May 2013

Nordic Real Estate Partners announced Nordic Retail Fund 2

Denmark - Nordic Real Estate Partners (NREP) today announced the final closing of NREP Nordic Retail Fund 2, which is the sixth NREP fund. The fund will continue NREP’s retail value-add strategy, with which NREP has delivered steady income and... more...
Thursday, 23. May 2013

IFM concludes Q1 2013 with a profit

Germany - At the end of the first quarter of its 2013 fiscal year, IFM Immobilien AG Group achieved a consolidated profit of € 0.2 million (same quarter previous year: € 1.8 million). The operating profit (earnings before taxes) for the period... more...
Thursday, 23. May 2013

Fastighets AB Balder purchases property in Gothenburg

Sweden - Skanska sells the newly constructed Radisson Blu Riverside Hotel in Gothenburg to the property company Fastighets AB Balder. The building has 265 hotel rooms and is operated by Winn Hotel Group, with the brand Radisson Blu, in a... more...
Thursday, 23. May 2013

Reserved extends its store in CH Plejada Sosnowiec

Poland - Reserved, a Polish fashion retailer, increases its store in CH Plejada Sosnowiec from 400 sq m to 1,500 sq m of sales. Cushman & Wakefield represented owner St Martins Property in the transaction. Plejada shopping centre is located in... more...
Thursday, 23. May 2013

Leeds office market set to outperform last year's level

UK - The outlook for Leeds' office market is upbeat, with signs of confidence gradually returning, according to new research by BNP Paribas Real Estate. Whilst 2013 take-up is not expected to reach pre-recession levels, it is expected to... more...
Thursday, 23. May 2013

DHL leases at new Bratislava Airport

Slovakia - PointPark Properties (P3), and international parcel delivery company, DHL Express, marked on May 21 the raising of the first column of a new 3,400 m² Build-­to-Suit (BTS) distribution hub that P3 is building for DHL Express at... more...
Thursday, 23. May 2013
Senator office new build in Warsaw, Poland,  - Photo: Senator office new build in Warsaw, Poland,

Union Investment acquires Senator office new build in Warsaw

UK - Union Investment Real Estate GmbH has purchased the Senator office new build in Warsaw, which comprises around 25,000 sq m of rental space and was completed in September 2012. The... more...
Thursday, 23. May 2013

Final closing Bouwfonds European Parking Fund II

Germany / The Netherlands / UK - Bouwfonds REIM held its final closing for its second institutional Parking Fund with a total equity commitment of € 187 mln. The fund is structured as a German real estate vehicle - “Immobilien-Spezialfonds” and invests in a... more...
Thursday, 23. May 2013

Reader’s Digest moves into Empark Mokotów Business Park

Poland - Reader’s Digest has signed a lease agreement for over 1,000 sq m in the Saturn office building, located within the Empark Business Park complex in the Warsaw Mokotów district. Jones Lang LaSalle supported the company in both the... more...
Thursday, 23. May 2013

The self storage industry remains resilient despite VAT increase

UK - The self storage industry remains resilient despite the addition of the 20 per cent VAT charge on storage costs introduced in October 2012. more...
Thursday, 23. May 2013

South East remains one of the strongest property markets in England

UK - Data from the latest Move with Us Residential Market Review has revealed that the South East is one of the strongest performing regions in England. At the end of March asking prices had increased by over 1.4% to £299,934, £4,000 more... more...
Thursday, 23. May 2013

alstria acquires an asset in Stuttgart

Germany - alstria office REIT-AG has acquired a fully let asset in downtown Stuttgart. The asset known as Stadtterrassen will be acquired for an All-in-cost of around €20 m. The transaction, which is still subject to standard closing condition... more...
Thursday, 23. May 2013