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Hungary - In December 2023, CTP signed a contract with Scan Global Logistics Kft. to occupy almost 13,000 sqm of space in the ULL2 hall of CTPark Budapest East in Üllő. Thanks to the excellent partnership that was quickly established and the flexible services offered, the logistics provider added a further 7,800 m² of rented space in t...
UK - Revised plans for a £76million development Sauchiehall Street to regenerate Sauchiehall Street have been minded to grant approval by Glasgow City Council.
Market Report - European prime office yields moved out by an average of 5 basis points to 4.90% during Q1 2024, down from a 17 bps increase in the previous quarter, as yields begins to stabilise, according to Savills.
Germany - BGO and Thirteen Seven have signed the first lease in Mittelweser Park. The international logistics company, ID Logistics, has committed to approximately 17,000 square metres in one of Germany’s newest, sustainability inspired logistics industrial developments. The company will occupy two units meeting WGK´s requirements, fro...
UK - Bloom and TPG Angelo Gordon have acquired Poplar Business Park, a prime multi-let industrial estate next to Canary Wharf in east London. The property was purchased from Workspace Group for £21.5 million.
Austria - ARE CEO Hans-Peter Weiss, UBM CEO Thomas G. Winkler and Habau CEO Hubert Wetschnig laid the foundation stone for 135 privately financed condominiums together with district representative Erich Hohenberger. By laying the foundation stone for Park Homes, the partners are also heralding the start of marketing for new privately ...
Finland - Strawberry has added Hotel Katajanokka in Helsinki to its hotel portfolio with effect from 2 May 2024. It will join the hotel group's Clarion Collection hotel chain and marks the brand's entry into the Finnish market.
Finland - With the acquisition of prime retail box assets in Helsinki Metropolitan Area, Swiss Life Asset Managers Nordic further grows its real estate footprint in Finland and diversifies the portfolio for its clients.
Slovakia - Wolf Theiss has moved into a brand new, sustainable office building. Conveniently located in the centre of Ljubljana, close to the previous office, the new building boasts a contemporary design and layout that encourages collaboration.
Finland - YIT has signed a contract with Cloudberry Development Oy on a real estate complex to be built as a project management contract close to the front slopes of Levi Ski Resort. The scope of the second construction phase of Icy Hot Chalet Levi ski-in/ski-out holiday apartments, called KKoy Levi Lingonberry, is roughly 6,200 gross ...
The Netherlands - Altera Vastgoed has chosen Aalberts Bouw to work on a new project to improve the sustainability of 46 family homes in Welgelegen-Noord, Nieuw-Vennep. Improving the sustainability of the houses, which were built in 1987, is in line with Altera's ambition to achieve a Paris-proof portfolio by 2040 at the latest.
Germany - Trei sold three residential properties in Berlin to Meag with an investment volume of more than €190 million. Both companies did not disclose the exact purchase price. The properties are located in the districts of Prenzlauer Berg and Mitte.
Germany - Hauck Aufhäuser Lampe's Real Estate Investment Management team has added a fully let outpatient healthcare centre in Stolberg, North Rhine-Westphalia, to the „H&A Social Infrastructure“ real estate special fund.
Austria - United Benefits Holding realises the purchase of the „Justizzentrum Wien Mitte“ for Euro Real Estate with a transaction volume of more than €150 million. The major deal with Immofinanz is the largest office transaction on the Austrian real estate market so far this year.
Switzerland - Helvetica's management team is filling key positions in asset management, sales and finance with experienced specialists. As part of the overall strategy, the further development of Helvetica and the positioning of its funds on the market is to be ensured in the long term with in-depth expertise.