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Valor completes four last mile logistics acquisitions in Paris & Lyon

Valor Real Estate Partners has completed, in three separate transactions, the acquisition of four urban logistics assets in Paris and Lyon, for a total consideration of €30 million. All of the assets are in prime last-mile submarkets and are currently fully-let with reversionary potential.
Friday, 30. September 2022

Hemsö increases committed credit facilities to SEK 13.5bn

Hemsö has increased its credit facilities with SEK 2 billion, of which SEK 1 billion from Handelsbanken and SEK 1 billion increase of the subscription agreement from the Third Swedish National Pension Fund.
Friday, 30. September 2022

GIEAG acquires 25,000 sq m site near Nuremberg

GIEAG has acquired a plot of land with an area of approx. 25,000 square metres in Kümmersbruck in the metropolitan region of Nuremberg. The plot is located in the Grubenäcker development area of the Theuern industrial estate, a district of the municipality of Kümmersbruck. The developer is planni...
Friday, 30. September 2022

TCC appoints additional development director in UK

Trammell Crow Company (TCC) has expanded its UK industrial and logistics team through the appointment of Jamie Hargreaves as its second development director in the country, reflecting the international firm’s appetite for acquiring new sites.
Friday, 30. September 2022

Quest sells office property in Frankfurt

Quest Investment Partners has sold the commercial and residential building at Friedrich-Ebert-Anlage 54 in Frankfurt, originally acquired in November 2021, in an off-market transaction. The buyer is an international bank that intends to use the asset as its headquarters.
Friday, 30. September 2022

Domax leases warehouse space in Mapletree Park Gdańsk Airport

To accommodate its rapid growth, Domax, one of the largest manufacturers of timber screws and connectors in Europe, has decided to expand its warehouse capabilities. It leased 5,800 sqm of warehouse space in Mapletree Park Gdańsk Airport. The tenant was represented throughout the search and negot...
Friday, 30. September 2022

Salford National Grid site sold to Praedius for £6.25m

BNP Paribas Real Estate (BNPPRE) has completed the unconditional sale of a former Gas Holder site in Salford to brownfield development specialists Praedius, the development arm of Warrington-based European Metal Recycling, for £6.25m.
Friday, 30. September 2022
AG Real Estate France sells car parks in Paris to Catella © CBRE

AG Real Estate France sells car parks in Paris to Catella

AG Real Estate France is selling two car parks valued at around €47 million to Catella Real Estate AG (CREAG), a German investment fund. These two car parks are in prime locations in Paris: the first on Avenue Kléber in the 16th arrondissement and the second under the Marché Saint-Germain in the ...
Friday, 30. September 2022

DIC Asset to open “To Huus” in Mönchengladbach

Last week, DIC Asset completed its comprehensive modernisation works at the “To Huus” retail property on Stresemannstrasse in the centre of the Rheydt district of Mönchengladbach. Formerly known as “Rheydt-Galerie” and held in DIC’s proprietary portfolio, the property extends over a total floor a...
Thursday, 29. September 2022

Allianz RE acquires prime facility in key German logistics corridor

Allianz Real Estate, acting on behalf of several Allianz Group companies, has completed the forward purchase of MultiBusinessHub Mittelrhein, a prime logistics center in Polch, Germany. The asset has been sold by Lang & Cie. Industrial AG, a German developer of high-quality logistics facilities.
Thursday, 29. September 2022

Hallmann und Süba präsentieren Maximilium am Stadtpark in Wiener Neustadt

Die Süba AG entwickelt in Wiener Neustadt ein einzigartiges und innovatives Stadtquartier, das seit heute auch einen Namen hat: Maximilium am Stadtpark heißt das unmittelbar an den Stadtpark von Wiener Neustadt angrenzende Projekt, dessen Baubeginn für 2024 geplant ist.
Wednesday, 28. September 2022

Jean-Kévin Robillard joins M7 as Senior Asset Manager

M7 Real Estate has strengthened its retail asset management capabilities with the appointment of Jean-Kévin Robillard as Senior Asset Manager, France, as the company continues to grow its Euro...
Friday, 30. September 2022

Investec lends £1 billion for student schemes

Investec Real Estate has committed over £1 billion of senior finance in the high growth UK purpose-built student accommodation (“PBSA”) sector. Since 2011, Investec has supported over 17 clien...
Friday, 30. September 2022

Running Deals:

GIEAG acquires 25,000 sq m site near Nuremberg

GIEAG has acquired a plot of land with an area of approx. 25,000 square metres in Kümmersbruck in the metropolitan region of Nuremberg. The plot is located in the Grubenäcker development area ...
Friday, 30. September 2022