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Oxford & LCP secure planning for Heathrow logistics development

UK - Oxford Properties Group and Logistics Capital Partners have secured planning permission to develop c. 340,000 sq ft of technologically advanced and environmentally sustainable logistics space on a 15-acre brownfield site adjacent to Heathrow Airport. The much-needed new space will be delivered across two units of 200,000 sq f...
Monday, 25. March 2024

Aprirose agrees ground rent acquisition on trio of hotels

UK - Aprirose has completed the purchase of the ground rents of three hotels in the UK which are part of the QHotels portfolio. The company has acquired the ground rents of Oulton Hall in Leeds, Slaley Hall in Northumberland and Crewe Hall in Cheshire from Lloyds Pension Fund.
Monday, 25. March 2024

Mount Street promotes Serenity Morley to Global COO

UK - Mount Street Group promotes Serenity Morley to the newly created role of Global Chief Operating Officer. In her new role, Serenity will be instrumental in ensuring continuity and cohesion across the firm on a global level, strengthening Mount Street's international offering using its proprietary technology, CreditHub.
Monday, 25. March 2024

Azora acquires Spanish asset portfolio from CBRE IM

Spain - Azora, through two logistics vehicles it manages, has acquired an asset portfolio valued at 91 million euros previously managed by CBRE Investment Management. The portfolio consists of 11 assets totaling 193,000 square meters, financed by a loan of up to 54.9 million euros. These assets are located on the A2, the main logisti...
Monday, 25. March 2024

BIG unveils design for Transport Hub in Toulouse

France - BIG – Bjarke Ingels Group and A+ Architects unveil design for the 12,000 m² Marengo Multimodal Transport Hub in France's fourth largest city, Toulouse. Located adjacent to the central station Gare Matabiau on the eastern border of the city, the building will expand the city center beyond the Canal du Midi and strengthen its p...
Monday, 25. March 2024

Aimbridge EMEA strengthens extended stay portfolio with signing in Manchester

UK - Aimbridge Hospitality EMEA has been named as the new third-party operator behind the Residence Inn by Marriott hotel in Manchester, strengthening its extended stay hotel portfolio in the UK and Europe. The 155-room property, owned by Park Hotels Holding (PHH) and asset managed by Ciel Capital, transitioned to Aimbridge EMEA e...
Monday, 25. March 2024

Helical sells 25 Charterhouse Square to Ares

UK - Helical plc has exchanged contracts on the sale of the long leasehold interest in 25 Charterhouse Square, London, EC1 to a Real Estate fund managed by Ares Management for £43.5 million. The disposal price represents a 6.5% discount to the 30 September 2023 book value.
Monday, 25. March 2024

Marriott and Aroundtown celebrate reopening of Cardo Brussels Hotel

Belgium - Following an extensive renovation of the building, the Cardo Brussels Hotel, Autograph Collection by Marriott will open in the heart of Brussels. The hotel property is part of Aroundtown's portfolio. The renovation has significantly improved the attractiveness of the hotel and the stay for guests, making it an exceptional des...
Monday, 25. March 2024

Panattoni and Commercecon support Centaurus Foundation

Poland - Panattoni BTS has supported the Centaurus Foundation for many years. Over the 16 years since its establishment, the charity has given a second chance to over 3,000 horses, 1,000 dogs as well as hundreds of cats and other creatures. As part of its support, the developer invited general contractor Commercecon to help out and th...
Friday, 22. March 2024

Panattoni starts logistics development in Sittingbourne

UK - Panattoni has begun developing a 645,000 sq ft net zero carbon logistics park in Sittingbourne. The development, called Panattoni Park Sittingbourne, comprises two units of 440,000 sq ft (S440) and 205,000 sq ft (S205). Panattoni acquired the 26-acre site in the fourth quarter of 2023 and completion is expected in the first q...
Friday, 22. March 2024

Italian house buyers prefer metropolitan lifestyle

Italy - Savills launched its New Build Survey Italy, collecting responses from clients who contacted them with an interest in newly built properties. Most respondents (82%) wish to buy in a city market, preferring the metropolitan lifestyle, with a focus on the cities of Milan, Rome and Florence.
Friday, 22. March 2024

First units launched at Apollo Ansty Park in Coventry

UK - Three of the four speculative units in the second phase of development at Ansty Park, Coventry have successfully completed. These units, named Apollo 4, 6, and 7, are highly specified warehouse/logistics buildings. They deliver a combined c.560,000 sq ft of sustainable accommodation in a premier logistics and manufacturing lo...
Friday, 22. March 2024