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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

Bouwfonds REIM launches investment fund in European student housing

Bouwfonds REIM is to launch a Europe-wide fund investing in student housing. The Bouwfonds European Student Housing Fund will be structured as a German „Spezialfonds“ and will be placed with German institutional investors. The fund,... more...
Monday, 8. April 2013

The Redevelopment of Harmsworth Quays go ahead

The first step has been taken to allow the redevelopment of the 14.57 acre Harmsworth Quays printing works site in Canada Water, South East London to go ahead. Southwark Council has given its approval for the Daily Mail General Trust... more...
Thursday, 4. April 2013

Prime country house prices rise for first time in two years

Knight Frank Prime Country House Index, Q1 2013 - Prime country house prices rose by 0.4% in Q1 2013. The annual decline in prices stands at 3.2%, compared to 3.8% in Q4 2012. Prices of sub-£2m and £5m+ properties rose in Q1, while... more...
Tuesday, 2. April 2013

Private investor buys commercial building on Cologne's Hohenstaufenring

A German private investor has purchased a residential and commercial building in the city center of Cologne. The eight-storey building at Hohenstaufenring 34–40 was built at the end of the 50s and extensively renovated in 2003,... more...
Wednesday, 20. March 2013
Soft House - Photo: Soft House

Patrizia presents visionary living concept at IBA Hamburg

Starting this weekend, with the opening of the IBA international construction exhibition, Hamburg’s island of Wilhelmsburg in the Elbe River will become one of Europe’s... more...
Tuesday, 19. March 2013

Gap between supply and demand for apartments widens

The gap between the supply and demand for apartments is widening more and more in the top six Western German cities. This is resulting in considerable rent increases. While the construction of new apartments is stagnating at best, the... more...
Monday, 18. March 2013

Peab rebuilds offices to apartments in Stockholm

Peab subsidiary Kungsfiskaren has been contracted to build an office building into apartments at Gärdet in Stockholm. The client is Aros Djurgarden Gärdet Economic association and the contract amounts to approximately SEK 150 million.... more...
Wednesday, 13. March 2013

Henderson acquires retail warehouse in Germany and sells assets in North America

Henderson Global Investors, on behalf of its German Retail Income Fund has acquired the retail warehouse Bahnhofstraße 1a in Norden, East Frisia in Germany for c. €23 million. The asset, with 12,675 sqm lettable area, was acquired... more...
Tuesday, 12. March 2013

Oriana phase II development given green light by Westminster Council

Oriana GP Ltd, the joint venture between Land Securities and Frogmore, announces that its plans to redevelop and transform 26-48 Oxford Street, W1 have been approved by Westminster Council on 5 March subject to the signing of S106. more...
Monday, 11. March 2013

Coral Student Portfolio provides £6m loan

Coral Student Portfolio has agreed a £6 million investment with Watkin Jones Group. The investment is structured as a fixed coupon return over the next 12 months secured by a student accommodation development due to complete in August... more...
Friday, 8. March 2013

Revitalization of the Old Town Court continues

The Developer of the Old Town Court, the company Around Inside, is proceeding with the revitalization and transformation of the area to a high standard residential community. The new design, prepared by Spanish architect Ricardo Bofill... more...
Friday, 1. March 2013

BAM wins new contracts in Switzerland

BAM Swiss has won new contracts with a total value of approximately CHF 30 million (more than € 22 million). Priora Generalunternehmung AG has awarded the contract for the core and shell construction of the Werk 3 residential and... more...
Monday, 25. February 2013

Scottish housing market remains largely muted

According to the latest Scottish House Price Monitor from Lloyds TSB Scotland, in the three months ending January 2013, the quarterly price index* for the average domestic property in Scotland fell by 1.0%. On an annual, underlying... more...
Thursday, 21. February 2013

Green light for development of Gainsborough Square

Moves to help regenerate Gainsborough Square in Lockleaze have finally got off the ground following years of negotiations between developers and the local community association. Land and property agents CJH Land brokered the deal which... more...
Tuesday, 19. February 2013

Grainger appointed for major town centre project in Newbury

The Newbury 2025 Vision has taken another step forward with the signing of a major new contract. West Berkshire Council and Network Rail have appointed Grainger plc to comprehensively redevelop a 5.5 acre site in the centre of Newbury. more...
Tuesday, 19. February 2013

Land Securities submits plans to transform Oxford House

Land Securities has submitted a new planning application to Westminster City Council for the comprehensive refurbishment and extension of Oxford House, W1. The proposals will see the 1960’s building converted to provide 89 apartments... more...
Monday, 18. February 2013

Over €400 a year cheaper to buy than rent in Scotland

The cost of buying a home in Scotland is 6% lower than renting, according to research from Bank of Scotland. The average monthly costs associated with buying1 a three bedroom house stood at €524 in December 2012; €34 (or 6%) lower... more...
Monday, 18. February 2013