Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.
Germany - Inflation, rising construction costs and high interest rates dashed many a dream of home ownership in 2023. As a result, purchase prices have fallen, slightly in the case of condominiums and more sharply in the case of apartment buildings. Meanwhile, pressure on the rental housing market continues to increase. As a result, re...
Germany - Trei Real Estate obtained a further loan facility. The 35.5 million euros in loan funds made available by Postbank are split into two tranches: 15.6 million euros have a maturity of five years, while the remaining 19.9 million euros will have to be repaid after ten years. The loan takes the form of a classic real estate finan...
Germany - IHG Hotels & Resorts (IHG) and Novum Hospitality recently entered into a major partnership that will see IHG double its presence in Germany, expanding its offering to more than 200 hotels in nearly 100 cities.
Sweden - Wihlborgs has signed leases with two companies for a total of 3,800 square metres at Cube (Nya Vattentornet 4) on Mobilvägen in Lund. A public sector tenant will move in to 1,000 square metres in the neighbouring property Bricks (Nya Vattentornet 3).
UK - Orion Capital Managers has announced the hire of Andrea Goss as Director of its Investor Relations team. Goss will cover servicing the firm's existing client base, assist in the fundraising for Orion's sixth pan-European fund, as well as executing co-investment and other initiatives.
The Netherlands - International Campus Group (IC) has opened The Fizz Leiden for rental, a total of 394 student apartments offering a home for students in the centre of Leiden. Within a few days of opening, 147 apartments had been rented.
Poland - Panattoni has finished the last stage of Panattoni Park Sulechów III. The centre has been developed for BestSecret, a leading European members-only online destination for premium and luxury off-price fashion. The building has a total area of 136,000 sqm, which makes it one of the largest logistics centres in the region.
UK - Ryden has announced today the expansion of its Agency and Lease Advisory department in Leeds with the appointment of Georgie Parker as new Agency and Lease Advisory Surveyor.
Spain - A partnership comprising Amro Partners, IP Investment Management ('IPIM') and Heed Capital ('Heed') has secured planning approval for Amro Valencia Puerto, Amro's second PBSA asset in the city and IPIM & Heed's maiden investment in Valencia. Planning consent was secured within a 12-month timeframe, a local record, with constr...
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.