LGP forward fund student accommodation development in Elephant & Castle

Legal & General Property (LGP”) has agreed to forward fund a student accommodation scheme in Elephant & Castle, London, for a total consideration of £25.7 million. One of the most active investors in the sector, the deal represents... more...

Tuesday, 21. May 2013

London rents on the rise

London saw average advertised rents increase for the first time in four months this April, with rents rising by 0.26% between week two and week four. The average advertised rental price stands at around £2,182 per month in the capital... more...

Thursday, 16. May 2013

Joint venture to develop the £768 million first phase of Victoria Circle

Land Securities and its joint venture partner Canada Pension Plan Investment Board (CPPIB) have confirmed the commencement of the £768 million first phase of its Victoria Circle project, as part of the continued transformation of... more...

Wednesday, 15. May 2013

KWG with profitable sale from Portfolio

KWG Kommunale Wohnen AG sells 160 of its apartments in Wolfsburg. The price realised for the portfolio of around 9.400 sq m of residential letting space amounts to €9.2 mn and thus is approx. 4.5 million higher than the price KWG paid... more...

Monday, 6. May 2013

Corestate closes €290 million of german stressed property acquisitions

Corestate announces it has acquired a German mixed-use commercial and residential portfolio with a market value of €290 million/CHF355m out of a special situation. more...

Monday, 6. May 2013

Vinci awarded 1st phase of the new Swansea university campus

St. Modwen has appointed Vinci Construction UK to deliver the first phase of a £450m Science and Innovation Campus at Swansea University. The contract will see the construction of a 65,000 square metre development on the shore front of... more...

Thursday, 2. May 2013

Multi Vastgoed sells two buildings in Almere Buiten to Syntrus Achmea

Multi Vastgoed has signed a sales contract with Syntrus Achmea Real Estate & Finance for two retail and residential buildings in the city centre of Almere Buiten, the Netherlands. Both of these retail and residential buildings, with a... more...

Thursday, 2. May 2013

Ground-breaking £225m Public Land Initiative deal to build 645 flats in Greenwich

Hadley Mace, a joint venture partnership between Mace Limited and Hadley Property Group, has completed a ground-breaking £225m (approx. €265m) „Public Land Initiative’“ deal to develop 645 residential units in East Greenwich. more...

Monday, 29. April 2013

Deutsche Wohnen acquires approximately 7,800 residential units in Greater Berlin

Today, Deutsche Wohnen AG announced that it entered into a purchase agreement for the acquisition of a residential real estate portfolio comprising approximately 6,900 residential units that is held by various companies. The purchase... more...

Friday, 26. April 2013

Knight Frank forecasts 9.2% annual returns from UK student accommodation investment

Knight Frank today releases its forecast for the student accommodation sector, showing a continuing positive outlook for the market. Over the next 12 months the average blended UK investment return is projectedat 9.2%. This reflects an... more...

Monday, 22. April 2013

13,100 bedspaces in pipeline for student accomodation in London

London will see significant growth in student accommodation stock between now and 2015, new data from CBRE reveals. With 3,000 bedspaces in the pipeline for delivery this year, 6,300 in 2014 and another 3,800 in 2015, rental and... more...

Friday, 19. April 2013

Potential development at Diageo's Kilmarnock site

An exclusivity agreement has been signed between Diageo and Kilmarnock-based Klin Group to allow the potential development of the company’s former packaging plant in the interests of the local community. Diageo has already gifted 10... more...

Wednesday, 17. April 2013

Thames Valley Housing and Galliford Try form first joint venture of its kind

Thames Valley Housing (TVH) has invested £25 million (approx. €29.3 million) for a 50% stake in a brand new build for sale venture, Opal Land LLP, in partnership with Galliford Try’s residential arm, Linden Homes. Opal Land is the... more...

Tuesday, 16. April 2013

Knight Frank reports farmland prices are back to record high of £6,307/acre

Farmland continues to outperform many other asset classes over the mid to long-term (see graph below), although the recent bounce in equity values means the FTSE 100 has performed more strongly over the past year as investors recover... more...

Monday, 15. April 2013

Lands Improvement obtains planning approval for 201homes in Colchester

Lands Improvement has obtained planning approval for 201 homes on a former brownfield site. Acquired in August 2011, the 14 acre site is part of an overall 53 acre landholding situated in Colchester, Essex surrounded by an orchard and... more...

Monday, 8. April 2013

Patrizia wins bid for GBW AG

The investor consortium led by Patrizia Immobilien AG has emerged as the successful bidder for BayernLB’s shares in the listed housing company GBW AG (50.19 million shares representing approx. 91.93 %). BayernLB announced today that... more...

Monday, 8. April 2013

Buwog sells residential portfolio in Carinthia

Buwog has sold another major portfolio. In Carinthia, 35 properties with a total of 781 apartments were sold to the ÖSW Group, the largest private non-profit development company in Austria. Seven of these properties were owned directly... more...

Monday, 8. April 2013

NCC to build housing units in Copenhagen

NCC has been commissioned to construct housing units and a parking garage at the Port of Copenhagen. The customer is Marmormolen P/S and the contract amount is SEK 379 million. The order will be registered in the second quarter of 2013.... more...

Monday, 8. April 2013

Most Popular In Europe