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Norstar reinforces team with appointment of Andrew Jones as design director

UK - Norstar Real Estate has strengthened its team with the appointment of Andrew Jones as design director. Jones, who has specialised in technical design in main line construction for more than 20 years, joins Easingwold-based Norstar from Galliford Try in the North East, where he was a freelance Technical manager.
Wednesday, 9. January 2019

Topland has two reasons to celebrate in Glasgow

UK - Topland has two reasons to celebrate in Glasgow. The company has acquired a multi-let office building in the city from CCLA for £6m (c. €6.7m). In addition, Corporate Travel Management (CTM) has taken occupancy at Glasgow city-centre office block, 8 Nelson Mandela Place, which was bought by the property investor in a deal wor...
Wednesday, 9. January 2019

Delin Capital Asset Management appoints Tijs Derison as Managing Director

The Netherlands - Delin Capital Asset Management has appointing a new Managing Director, adding Tijs Derison to its team, appointed, effective immediately. Based in Delin’s Rotterdam office, Derison will be responsible for driving the performance of the company’s growing Benelux portfolio, including all development and asset management activit...
Wednesday, 9. January 2019

Hines snaps up Cribbs Causeway Distribution Centre in Bristol

UK - Hines has reason to celebrate. The international real estate firm has acquired Cribbs Causeway Distribution Centre, a value add-profile logistics investment located in Bristol, a key UK distribution hub, on behalf of the Hines European Value Fund (HEVF). Hines’ UK team advised HEVF on the fund’s first logistics acquisition wh...
Wednesday, 9. January 2019

Consus signs further forward sale agreement for c. €100m

Germany - Following the announcement of two new leases in October last year Consus Real Estate AG has now forward sold the office and hotel development ‘No. 1’ located on Glücksteinallee 1-5 in Mannheim to an institutional purchaser. The transaction volume amounts to approx. EUR 100m.
Wednesday, 9. January 2019

Jan Peter Annecke appointed new head of Helaba's German RE Lending division

Germany - Dr Jan Peter Annecke will take over as head of Helaba's business unit „Real Estate Lending Germany“ as of January. In future, he will be responsible for real estate lending in Berlin and Munich as well as in the Northwest and Southwest regions. Annecke will also be in charge of Helaba's real estate financing activities in Swi...
Tuesday, 8. January 2019

Gecina with two new appointments

France - Gecina has appointed Cyril Mescheriakoff as as Executive Director Risks and Internal Audit and Sabine Hillenmeyer as Innovation Director, who both assumed their office on January 2, 2019. As a member of the Executive Committee, Mescheriakoff will report to Méka Brunel, Chief Executive Officer, while Hillenmeyer will report t...
Tuesday, 8. January 2019

CBRE sells Florenc Office Center in Prague

Czech Republic - CBRE has sold the Florenc Office Center, commonly known as the KPMG HQ building on Pobřežní 648/1A in Prague, to Shinhan Investment Corp on behalf of ZFP Investments. The transaction constitutes the first direct real estate investment in the Czech Republic by a Korean investor. The Korean company paid CZK1.3 billion (c. €51 m...
Tuesday, 8. January 2019

Gazeley promotes Graeme Munro to Head of Construction for Europe

Global News - Gazeley has announced the latest addition to its team. The investor and developer of logistics warehouses and distribution parks has promoted Graeme Munro to Head of Construction for Europe. Munro, who prior to his promotion was UK Construtction Director, is suceeding the role previously held by Oscar Heras as he focuses on t...
Tuesday, 8. January 2019

Legal & General secures prime student blocks at University of Oxford for about £37.1m

UK - Legal & General has purchased the long leasehold of a modern student accommodation residence which has been fully let to Christ Church College, part of the University of Oxford, for approximately £37.1m (c. €41.4m). The purchase has been made on behalf of Legal & General Retirement.
Tuesday, 8. January 2019

Palace Capital sells 50 residential properties for £18.2 million

UK - Palace Capital has agreed to sell 50 residential units for a total consideration of £18.2 million (c. €20.3 million), reflecting 97% of their book value, to the London Borough of Barnet. The units are part of the 65 residential units acquired as part of the RT Warren (Investments) Ltd portfolio in October 2017, of which three...
Tuesday, 8. January 2019

New acting Managing Director for Castellum Stockholm-North

Sweden - On Tuesday, January 8, 2019, Stefan Bergström will take up the position as acting Managing Director for Castellum Region Stockholm-North, until a new Managing Director is appointed. Stefan Bergström brings extensive experience from leading positions in international business development, including business area manager at Stu...
Monday, 7. January 2019

Hines acquires 354-358 Oxford Street

UK - Hines has acquired 354-358 Oxford Street, a prime asset located above the Bond Street Underground station entrance on the north side of Oxford Street and in the heart of London’s West End on behalf of the Hines European Value Fund (HEVF). Hines’ UK team advised HEVF on the acquisition of 354-358 Oxford Street which was sold b...
Monday, 7. January 2019

Spark C office building to be managed by Colliers International

Poland - Colliers International is to manage the Spark C office building, located in the Warsaw district of Wola. Spark is a complex of three office buildings that offers innovative technologies and unconventional space arrangement. Building C, with app. 13,000 sqm of leasable area and 86 parking spaces, is the first of the three. The...
Monday, 7. January 2019

Jobs boost as Stone Cross Park set for double development

UK - Plans have been unveiled for two new industrial/warehouse developments at the site of a former Carlsberg brewery depot in Wigan, generating significant investment and employment opportunities. Stoford Developments and Oxenwood Real Estate have announced plans to transform an existing site at Stone Cross Depot, Yew Tree Way, G...
Monday, 7. January 2019

MünchenerHyp finances purchase of Garden Tower in Frankfurt

Germany - Münchener Hypothekenbank eG will provide a long-term loan in the several-hundred-million-euro range to GEG German Estate Group to finance the acquisition of the Garden Tower in Frankfurt am Main’s central business district . The bank is acting as sole underwriter for the transaction.
Monday, 7. January 2019