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Warehouse in Lichfield changes hands

UK - A Staffordshire warehouse unit has changed hands in a £2.7 million off-market deal completed by Burley Browne. The 31,686 sq ft unit at Europa Way Industrial Estate in Lichfield has been acquired by a private investor from a private investment fund.
Tuesday, 19. March 2024

Helvetica implements leadership changes ahead of schedule

Switzerland - Helvetica Property Investors AG is set to implement leadership changes at the beginning of the second quarter, slightly ahead of the initial schedule. Peter E. Bodmer becomes the new Chairman and Marc Giraudon takes on the role of sole CEO as of 2nd April 2024.
Tuesday, 19. March 2024

Panattoni achieves third BREEAM Outstanding in Poland

Poland - Panattoni has been awarded another BREEAM certificate with a rating of Outstanding for Panattoni Park Poznań A2 (building B). The building was constructed for H&M without the use of PCVs. This is the developer’s third project in Poland and its eighth in Europe to be awarded the highest BREEAM rating thus joining a select few ...
Tuesday, 19. March 2024

AMK2 acquires building in Northampton from Lidl

UK - AMK2 Real Estate Ltd has acquired a 16,963 sq ft unit on a 1.26-acre site at Gambrel Road in Northampton from Lidl GB for an undisclosed sum. The property is currently occupied by The Gym Group on a 15-year lease, expiring in 2033. The buyer was represented by Jack Brown of TDB Real Estate, the seller by Johnson Fellows.
Tuesday, 19. March 2024

Marriott cooperates with Vasilakis to bring brand to Greece

Greece - Marriott International has signed an agreement in collaboration with Vasilakis SA to bring the JW Marriott brand to Greece. Anticipated to open in 2025, JW Marriott Crete Resort & Spa will span 100 acres of coastal area. SWOT Hospitality will collaborate with both as the third-party operator for the franchised property.
Tuesday, 19. March 2024

S Immo checks exit from Germany

Germany - The listed company S Immo AG is considering an exit from the German real estate market. This was announced by the company today.
Tuesday, 19. March 2024

W. P. Carey appoints Rhonda Gass to board of directors

Global News - W. P. Carey Inc. (W. P. Carey, NYSE: WPC), a net lease real estate investment trust, today announced the appointment of Rhonda Gass to its Board of Directors, effective immediately. Ms. Gass will serve as a member of the Audit Committee and brings more than 30 years of experience in technological transformation, cybersecurity...
Tuesday, 19. March 2024

JR, Chancerygate acquire 120000 sq ft Liverpool commercial

UK - JR Capital and Chancerygate's 150m multi-let urban logistics investment fund has acquired Brunswick Business Park's North and South Harrington buildings in Liverpool for £9m. The 120,000 sq ft fully let industrial estate was acquired from CEG.
Monday, 18. March 2024

Revcap and Cobbleyard divested a logistics property in Vantaa

Sweden - Revcap and Cobbleyard Real Estate divested a logistics property located at Niittytie 12 in Koivuhaka, Vantaa. The 6,400 sqm last-mile warehouse is single let with a long-term lease. Avance advises Cobbleyard Real Estate and its sponsors in the divestment of the warehouse property.
Monday, 18. March 2024

Artisan RE to progress with Edinburgh city centre green neighbourhood

UK - Artisan Real Estate is set to progress with the spectacular homes-led redevelopment of one of Edinburgh city centre's largest potential development sites following planning approval by The City of Edinburgh Council (CEC). Councillors at CEC's Development Sub Committee on Wednesday (13 March) were 'minded to grant' consent for...
Friday, 15. March 2024

Garbe and Jebens achieve early full occupancy in Hamburg

Germany - Garbe Industrial and Jebens achieve full occupancy in Victoria Park Hamburg at an early stage: the technology company Freudenberg Sealing Technologies will move into the multi-user campus. The property, which has a total area of around 12,000 square metres, is scheduled for completion in February next year.
Friday, 15. March 2024