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Western Europe

Office rents 34.2% higher near Dutch railway stations

Savills has unveiled a new report detailing critical trends shaping the future of the Dutch office market, emphasising the significant impact of location and accessibility. According to the study, offices near railway stations command rents that are 34.2% higher than those in less accessible locations, reflecting the premium ...
Friday, 26. April 2024

AEW gets green light for Bristol Debenhams redevelopment

AEW has been granted planning permission to transform the former Debenhams department store in Bristol into a mixed-use residential development with more than 500 new homes for rent, including 100 affordable homes.
Friday, 26. April 2024

Deka Immobilien sells Coty's Headquarters in Paris

Deka Immobilien has sold the office building Opéra Gramont, located at 14 rue du Quatre Septembre in Paris for approximately €107 million. The property was part of the WestInvest ImmoValue portfolio, an investment fund designed for institutional investors, and was acquired by Osae Partners on behalf of one of its discretionar...
Friday, 26. April 2024

Clintons opens first UK outlet store under new ownership

Northern Ireland's only premier designer outlet, The Boulevard is now officially home to the UK's first Clintons outlet store, under the new management and ownership of Cardzone, as it opened its doors to customers on Saturday 20 April 2024.
Friday, 26. April 2024

Dominus and Cheyne partner up for 65 Fleet Street

Dominus and Cheyne Capital Management have acquired 65 Fleet Street in a joint venture. This acquisition follows on from Dominus and Cheyne Capital having completed two development financing transactions in 2023. The partners have ambitious plans for the site to introduce a mix of uses that will add to the life and dynamism o...
Thursday, 25. April 2024

Brightbay strengthens senior team

Brightbay Real Estate Partners has appointed George Jerram as a Director of Asset Management and promoted a further three colleagues to Director to strengthen its senior management team and support its growth strategy.
Thursday, 25. April 2024

Topland reaches full occupancy for Bristol city centre office

33 Bristol, the Topland-owned Bristol city centre office space, is now fully occupied after engineering and environmental consultants, Rappor, completed the letting of its ground floor suite. The investment group acquired the office facility in 2019 before investing £1 million in an extensive refurbishment to attract business...
Thursday, 25. April 2024

Marstead Living secures £260m debt finance from Federated Hermes

Marstead Living has successfully obtained mortgage finance from Federated Hermes Private Credit. This funding, has enabled the purchase of an 18-acre site in Mill Hill, located in the Borough of Barnet, London. The project, named Marstead Mill, is set to be a pioneering retirement village valued at over £260 million.
Thursday, 25. April 2024

Investec provides Hines with financing for West Midlands industrial portfolio

Investec Real Estate has provided Hines’ European Value Fund 2 (HEVF2) with financing to complete the acquisition of four multi-let industrial estates in the West Midlands. Acquired from LondonMetric Property, the portfolio comprises 47 units, which are a mix of light industrial, trade and mid-box warehouses, totalling 434,00...
Thursday, 25. April 2024

Vantage Data Centers expands EMEA portfolio with first Dublin campus

Vantage Data Centers today announced its entrance into the Irish market with the development of a multi-phase data center campus (DUB1). The company will invest more than €1 billion over multiple phases to support the construction and delivery of the campus in one of the largest data center markets in Europe.
Thursday, 25. April 2024

Golden Triangle life sciences take-up increases 25% year-on-year

Life sciences take-up in the UK’s ‘Golden Triangle’ of London, Oxford and Cambridge was c.186,000 sq ft in the first quarter of 2024, according to Knight Frank, up 25% year-on-year as the sector continues to mature and the UK’s appeal as a hub for life sciences and innovation, start-up activity and talent quality transforms t...
Thursday, 25. April 2024

Limehome hits new heights with 6,800 apartments

Limehome grew its portfolio by almost 14 percent in the first quarter of 2024. By the end of March, the company signed a total of 800 new apartments, bringing the total European portfolio to 6,800 apartments. The majority of new leases are located in Austria, Portugal, Spain, and Italy, emphasizing the company's status as one...
Wednesday, 24. April 2024

Sandyford lets three units in Deeside Industrial Park to Astra

Sandyford Properties has let three vacant units at Deeside Industrial Park, near Chester, just six months after buying them. The properties, totalling 70,000 sq ft, are located on a four-acre site at 80-82 First Avenue and were acquired in September 2023 from the former owner of DRB Group.
Wednesday, 24. April 2024

Allsop sees signs of growing confidence in market

Allsop has raised £43 million through the sale of 146 lots at its April residential auction, representing a success rate of 90%, as the firm sees appetite for income-producing and value-add opportunities demonstrate growing confidence in the property market.
Wednesday, 24. April 2024