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Quadoro acquires Holiday Inn Express Offenburg

Germany - Quadoro Investment GmbH, the AIFM of the open-ended mutual fund Quadoro Sustainable Real Estate Europe Private (Sustainable Europe), has acquired the Holiday Inn Express in Offenburg on behalf of the fund.
Tuesday, 7. February 2023

European gaming primed for revenue growth of 8% per annum over next five years

Market Report - According to Savills latest research, the European gaming sector is primed for revenue growth of 8% per annum over the next five years, driven by rising user growth, digital adoption, corporate investment and a competitive developer landscape. The real estate adviser expects that as the gaming industry evolves, companies’ phy...
Tuesday, 7. February 2023

Kajima grows logistics team with senior hire

UK - Kajima has strengthened its London-based Logistics team with a new senior hire. Tamara White has been appointed as Associate Portfolio Director to help spearhead the expansion of Kajima’s European logistics platform and grow the third-party asset management business.
Tuesday, 7. February 2023

Odyssey brings IHG's „Vignette Collection“ to Germany

Germany - IHG Hotels & Resorts and the Dutch Odyssey Group are bringing Vignette Collection to Germany. The hotel operator has signed the contracts with the JV of the two project developers Aixact and Derichs and Konertz (DaixKo) for the „Alte Post“ hotel development. The „Alte Post Vignette Collection“ hotel is scheduled to open in 20...
Tuesday, 7. February 2023

Work begins on £24m Birmingham student development

UK - The construction phase of a new £24 million purpose-built managed student accommodation project on Dogpool Lane in Birmingham began recently, marked with a special event. Senior teams from building contractor GMI Construction Group and developer Alumno Group were present at the ceremony.
Tuesday, 7. February 2023

Regesta expands in Tricity

Poland - Regesta S.A., a provider of professional road haulage and domestic and international forwarding service, has signed a lease for 7,000 sqm of warehouse and office space in Panattoni Park Gdańsk West II for its first warehouse in northern Poland.
Tuesday, 7. February 2023

Warsaw's office demand returned to levels similar to 2019

Poland - The Warsaw office market saw a shrinking volume of space under construction and increasing pressure on rents in 2022. However, according to the latest report by Cushman & Wakefield, the capital's market could see a significant tenant recovery as contracts signed in the record period of 2018-2019 come up for renewal.
Tuesday, 7. February 2023

Credit Suisse AM and Trinity buy South Florida convention and resort hotel

Global News - A joint venture between real estate funds managed by Credit Suisse Asset Management and real estate funds managed by Trinity Fund Advisors LLC, an affiliate of full-service private real estate investment firm Trinity Real Estate Investments LLC (Trinity), today announced the acquisition of The Diplomat Beach Resort in Hollywo...
Monday, 6. February 2023