Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: "" «

Property total returns reach 10.2% to date

UK - UK commercial property total returns reached 10.2% for 2017, at the end of November 2017, ahead of the IPF’s consensus forecast of 8.5% for 2017 as a whole. This is according to the latest CBRE Monthly Index. Total returns for November were 1.0% for all UK property. Capital values increased 0.5% at the all property level in N...
Tuesday, 12. December 2017
Concept Store 1 Minute opens a new unit in AFI Tech Park

Concept Store 1 Minute opens a new unit in AFI Tech Park

Romania - AFI Europe Romania concluded a new lease agreement for AFI Tech Park Business Campus. The new tenant is LS Travel with their concept store “1 Minute”, who leased a space located on the Ground Floor of AFI Tech Park 1. This is the second tenant secured for AFI Tech Park, after World Class, who signed a 10 year lease agreement ...
Tuesday, 12. December 2017
Cushman & Wakefield appoints new Head of London Markets

Cushman & Wakefield appoints new Head of London Markets

UK - Cushman & Wakefield has appointed Toby Ogden as Head of London Markets. Since joining the firm’s graduate scheme in 2006, Ogden, 34, has advised companies on their real estate strategies in London. In the last three years, this includes securing new headquarters for: Apple (500,000 sq ft at Battersea Power Station); Facebook ...
Tuesday, 12. December 2017
M&G Real Estate secures new deal with Dahua at Quantum

M&G Real Estate secures new deal with Dahua at Quantum

UK - M&G Real Estate has signed a new letting with the Dahua Technology at Quantum in Vanwall Business Park, Maidenhead. The new letting will see the technology company take 4,973 sq ft on a five-year lease, relocating from serviced offices in Maidenhead town centre. Savills and Hanover Green acted for M&G Real Estate, and Vail Wi...
Tuesday, 12. December 2017
Union Investment acquires logistics facility near Duisburg

Union Investment acquires logistics facility near Duisburg

Germany - Union Investment has acquired a newly constructed logistics facility in Kamp-Lintfort near Duisburg. The property was completed in November 2017 and is fully let to Berlin-based e-commerce company Chal-Tec. The facility comprises total rental space of 87,500 sq m, divided into around 49,500 sq m of warehouse space, 7,700 sq m...
Tuesday, 12. December 2017

Panattoni Europe builds a factory for Ontex in Radomsko

Poland - Panattoni Europe is to build a factory for Ontex, a producer of personal hygiene products. The facility featuring in excess of 26,000 sqm will be located in Radomsko, within the Lódź Special Economic Zone (LSSE). Construction works are about to begin in early December, and are scheduled to end in July 2018.
Tuesday, 12. December 2017

LXi REIT signs fixed rate 11.5-year term loan facility of £40 million

UK - LXi REIT has signed a new 11.5-year, fixed rate, interest only loan facility of £40 million (c, €45.3 million) with Scottish Widows Limited, acting in partnership with Lloyds Bank Commercial Banking. This second facility has a fixed all-in rate payable of 2.85% per annum, for the duration of the loan term. The company's avera...
Tuesday, 12. December 2017
A logistics firm takes just under 14,000 sqm of hall space in Hamburg

A logistics firm takes just under 14,000 sqm of hall space in Hamburg

Germany - An international logistics firm is a new tenant of just under 14,000 sqm of hall space at Bredowstrasse 20. Realogis has brokered the deal in a property managed by Beos AG in Hamburg's Billbrook commercial district. The location is ideal for the tenant, as the Hamburg-based logistics and forwarding firm already operates a log...
Tuesday, 12. December 2017
Skechers opens in Union Square and Westquay

Skechers opens in Union Square and Westquay

UK - Skechers is to open its first standalone store in Hammerson's portfolio in Aberdeen at Union Square and in Southampton at Westquay. The new 2,260 sq ft store at Union Square will be located on the ground floor where it will trade alongside other fashion brands including Zara, River Island and Superdry.
Tuesday, 12. December 2017

Seneca Property acquires Brightgate House in Manchester

UK - Seneca Property has completed the freehold acquisition of Brightgate House, 1 Brightgate Way, Trafford Park, Manchester, from London & Oriental, its second significant acquisition since launch in September this year, with further completions currently progressing. Brightgate House is a freehold grade A office building compris...
Tuesday, 12. December 2017
AEW acquires three high street retail units in Milan

AEW acquires three high street retail units in Milan

Italy - AEW has acquired three prime high street retail units in central Milan on behalf of the City Retail Fund for c. €44mn in aggregate. The portfolio was acquired from a Grosvenor Europe-managed fund. The City Retail Fund's strategy focuses on building a portfolio of high quality, income producing retail assets that are well loca...
Tuesday, 12. December 2017
Stoford Developments builds ERA's new HQ at the i54 business park

Stoford Developments builds ERA's new HQ at the i54 business park

UK - Home security firm ERA sees construction of its state-of-the-art headquarters reaching completion, Stoford Developments announced. ERA's 135,625 sq ft research and development, manufacturing and distribution HQ at the i54 business park brings together three existing facilities in the West Midlands. These sites, in Coventry, W...
Tuesday, 12. December 2017
Immofinanz closes the sale of the Russian retail portfolio

Immofinanz closes the sale of the Russian retail portfolio

Russia - After the sale of the Russian portfolio seemed to be a protracted marathon process, Immofinanz has now performed a sprint on the last meters. Only four weeks ago the sales report was published, now the closing took place in St. Petersburg: The Moscow shopping centers have officially been transferred to the Russian Fort Group ...
Monday, 11. December 2017
Peel Logistics Property signs first pre-let at South Central in Southampton

Peel Logistics Property signs first pre-let at South Central in Southampton

UK - Peel Logistics Property, together with Rockspring Property Investment Managers as funding partners for the project, has signed a pre-let with UK retailer John Lewis to develop a 46,000 sq ft .com customer delivery hub at its urban logistics development known as South Central in Nursling, Southampton. The new build-to-suit fac...
Monday, 11. December 2017