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GDK to open new restaurant in Newcastle Metrocentre

Following a consistent streak of successful openings across the UK, German Doner Kebab will be unveiling a new site in one the largest shopping centres in the UK, Metrocentre, bringing its high-quality tasting kebabs to the dominant North East destination, with an official date to be announced.
Friday, 14. June 2024

Deutsche Hypo finances Format for Greenstone

Deutsche Hypo-Nord/LB Real Estate Finance finances the Gdansk office properties Format for Greenstone Sp. z o. o. Sp. K. The financing volume of approximately €31 million is split into a real estate loan of €22 million with a term of 3.5 years and a one-year VAT loan of approximately €9 million.
Friday, 14. June 2024

029 Group changes Administrative Board

029 Group SE made changes to the Administrative Board of the company at yesterday's Annual General Meeting. As Lorin Van Nuland decided prior to the Annual General Meeting to resign as member of the Administrative Board, it was necessary to elect a new member in yesterday's Annual Shareholders Me...
Thursday, 13. June 2024

Hamborner REIT extends contract with COO/CIO Sarah Verheyen

The Supervisory Board of Hamborner REIT AG has extended the employment contract of Management Board member Sarah Verheyen, originally due to end on 30 September 2025, early and resolved to reappoint her for another five years with effect from 1 October 2024.
Thursday, 13. June 2024

Patrizia decides to pay out dividend

Patrizia SE successfully held its Annual General Meeting 2024 as a virtual event. The shareholders approved all items on the agenda by a large majority. One of the resolutions adopted was the appropriation of the unappropriated profit and thus the distribution of a dividend of €0.34 per share for...
Thursday, 13. June 2024

Aroundtown reaches nearly full occupancy at De Admiraal

With five new tenants on total 3,500 sqm, Aroundtown's experts achieve long-term letting successes for office building De Admiraal on Admiraliteitskade in Rotterdam. The new tenants come from various sectors, ranging from IT to an international logistics company.
Wednesday, 12. June 2024

VGP celebrates ground-breaking ceremony at Leipzig Airport

VGP is continuing to develop VGP Park Leipzig Airport on an area of around 450,000 m². The ground-breaking ceremony took place on Tuesday morning with Jan Van Geet, CEO of VGP, as well as Darius Scheible and Daniel Sigmann, Managing Directors of VGP Germany, together with Hartmut Handschak, Distr...
Wednesday, 12. June 2024

Modesta promotes Antonia Vrcic to Director and Head of Agency

As an international associate of Savills in Austria, Modesta Real Estate is part of a global network that spans the entire spectrum of all property asset classes. With Antonia Vrcic's promotion to Director and Head of Agency, she will now further build up Modesta's rental team to further strength...
Wednesday, 12. June 2024

EY to stay in Imagine office building in Łódź

EY has signed a lease extension for 1,400 m² of office space in the Imagine complex in Łódź. The company joined the group of tenants of the Imagine office complex in Łódź in 2019. EY’s Łódź branch is in Building A of the Imagine complex, at the junction of Piłsudskiego and Śmigłego-Rydza streets....
Tuesday, 11. June 2024

Whitbread uplifts its bedroom target for Ireland

Whitbread PLC has confirmed fresh confidence in the Irish hospitality market by uplifting its bedroom target for the country. The company has revised its medium-term growth target to 5,000 bedrooms in Ireland – a 30% increase on its current network target of 3,500 bedrooms – and has released an u...
Tuesday, 11. June 2024

Dils appoints Pedro Lancastre as new CEO in Portugal

Dils has announced the appointment of Pedro Lancastre as CEO to lead its operations in Portugal. This follows the recent acquisition of Castelhana . The move is part of Dils' internationalization strategy to become the independent, smart and innovative player in the European real estate market.
Tuesday, 11. June 2024

Patrizia loses head of sustainability Mathieu Elshout

The investment manager loses its head of sustainability and impact investing. After three and a half years, Mathieu Elshout is leaving to join Australian superannuation fund provider Aware Super. Patrizia is reorganising its ESG team to fill the gap.
Tuesday, 11. June 2024

Balmoral Group buys Marcliffe Hotel and Spa

Aberdeen's Marcliffe Hotel has been acquired by Sir Jim Milne's Balmoral Group. The five-star hotel and spa, previously owned by the Spence family, will transition to new management under Edin...
Tuesday, 11. June 2024
Pimco takes delivery of Edge HafenCity © Christian Kruppa, 2024
Pimco takes delivery of Edge HafenCity © Christian Kruppa, 2024

Pimco takes delivery of Edge HafenCity

Pimco Prime Real Estate has taken delivery of the prime Edge HafenCity development in Hamburg from real estate developer Edge. Designed by Henn Architects, the building offers c. 22,500 sqm of...
Tuesday, 11. June 2024

AM Alpha completes revitalisation in Paris

AM Alpha has completed revitalising the office property acquired in 2021 on Rue de La Banque in Paris and successfully positioned the property on the market. The family office secured Anjac as...
Tuesday, 11. June 2024

Running Deals

GDK to open new restaurant in Newcastle Metrocentre

Following a consistent streak of successful openings across the UK, German Doner Kebab will be unveiling a new site in one the largest shopping centres in the UK, Metrocentre, bringing its hig...
Friday, 14. June 2024

Balmoral Group buys Marcliffe Hotel and Spa

Aberdeen's Marcliffe Hotel has been acquired by Sir Jim Milne's Balmoral Group. The five-star hotel and spa, previously owned by the Spence family, will transition to new management under Edin...
Tuesday, 11. June 2024

AM Alpha completes revitalisation in Paris

AM Alpha has completed revitalising the office property acquired in 2021 on Rue de La Banque in Paris and successfully positioned the property on the market. The family office secured Anjac as...
Tuesday, 11. June 2024