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Germany - CTP has signed a deal with Quanta Computer Inc., a leading Taiwanese company that manufactures computers and electronic hardware, for a high-tech pioneering 22,500 sqm production facility at CTPark Jülich in the Brainergy Park Jülich in northwest Germany. Quanta is further expanding its global footprint in producing state-of-...
Germany - Nine months after the start of shell construction, Swiss Life Asset Managers has completed the development of the „Zwickau North“ logistics centre, which covers an area of more than 22,500 square metres. The ultra-modern and sustainable new building is ready for occupancy and available immediately.
Poland - Medical company Fresenius Medical Care S.A. has renegotiated its lease of 3,900 sqm of warehouse space and 120 sqm of office space in Prologis Park Poznań. Fresenius Medical Care was represented in the transaction by real estate advisory firm Newmark Polska.
UK - Margaret Dabbs London has selected King's Road to open its newest clinic in London, marking its seventh in the capital and 14th internationally. It is set to open a 824 sq ft unit at 325 King's Road, a prominent corner unit in the heart of Chelsea.
The Netherlands - Numa Group is driving its expansion strategy in The Netherlands with a new central property in The Hague. The newest 51-unit property in the country is in partnership with the Dutch investment developer Re:Born.
Germany - Aroundtown has successfully concluded a long-term lease for a term of 10 years for the office building at Erkrather Strasse in Düsseldorf. The new tenant is Forum Multi-Kulti gGmbH, which works together with its umbrella organization Multikulturelles Forum e.V. to promote social participation, equal opportunities and cultural...
UK - Hallam Land Management (HLM’) has unconditionally exchanged contracts for the sale of 494 residential plots in Chatteris, North Cambridgeshire, to the David Wilson Homes division of Barratt Developments. The sale will complete in July 2024, with the transaction resulting in an ungeared internal rate of return of 15% p.a.
Global News - London has narrowly overtaken Geneva to top the rankings once again as the most expensive city in the world in which to build, according to the latest Arcadis 2024 International Construction Costs (ICC) report, released by the global design and engineering consultancy today.
Irland - As the demand for bespoke business workspace solutions across Belfast city continues to grow, serviced office provider, venYou has officially opened its newest location, Thomas House, following an extensive and complete refurbishment.
Germany - Germany's investment markets posted a noticeable uptick in transaction activity in Q1. As expected, however, this trend has yet to be fully reflected in transaction volume. Investors poured just over €5.5bn into commercial real estate in Q1 2024, an 8% increase in transaction volume compared to the previous year's weak result...
Poland - Uniq Logistic, a full-service logistics operator, has extended its lease agreement at the Kutno Logistics Centre. The tenant will continue to use nearly 2,500 sq m of warehouse and office space. The renegotiation project was directed by operations director Jonasz Galicki, with consulting services supplied by AXI Immo's Hubert...
Germany - Redevco, and Oliver Herrmann, founder of German large-scale retail specialist Redos, launch Redevco Capital Partners, targeting special situations real estate opportunities across Europe.
Poland - BIK Park Sosnowiec II has successfully passed the BREEAM certification at the “Very Good” level. Last year, BIK Park Wrocław I and II - two other properties from the portfolio of Biuro Inwestycji Kapitałowych (BIK) S.A. - went through the same assessment process. BIK S.A. was advised on the BREEAM certification by Cushman & W...
UK - CLS has sold a London office to residential development opportunity: The company has conditionally exchanged the sale of Westminster Tower, Albert Embankment, to London Square Group. The purchase price of £40.8m is in line with the valuation as at 31 December 2023.
Germany - Dr Angela Geerling has been elected as the new Chairwoman of the Supervisory Board of Branicks Group AG. The property expert has been a full member of the Board and a member of the Audit Committee since 2022.
UK - Hines has agreed to forward fund the development of a 519-unit residential scheme in Newcastle on behalf of its Hines European Property Partners (HEPP) fund in partnership with developer Olympian Homes.