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A logistics service provider has renewed and expanded its lease in GLP Pomeranian Logistics Centre. Under its new contract the tenant will occupy approximately 22,000 sqm of warehouse and office space in the complex. Newmark Polska was instructed to negotiate the terms of the lease.
Barings has completed the sale of Haslemere Industrial Estate to Westbrook for £12.75 million. Barings acquired the estate in Bishop’s Stortford, an affluent London commuter town in Hertfordshire, on behalf of a UK-based private pension fund client in January 2016. The 74,467 sq ft property comprises 13 units, ranging from 3,...
Panattoni has delivered another development for a highly demanding sector. The developer has completed space within Panattoni Park Kraków West I tailored to the needs of biotechnology firm SyVento BioTech, which is to use the space for advanced pharmaceutical production. The park in Skawina has now been fully leased with spac...
Lumacron Technology has secured a significant tenant at Edinburgh Park, providing some relief to the estate’s under-occupied office space. The company will move its European headquarters to 4-5 Lochside Avenue, a £20m development owned by Knight Property Group. Lumacron has leased 12,814 sq ft on the ground floor on a 10-yea...
Skanska has sold the first phase of its H2Offices complex in Budapest to Erste Open-Ended Real Estate Investment Fund, represented by Erste Alapkezelő Zrt. This is the third acquisition that the purchaser has made from Skanska Hungary, after acquiring Nordic Light in 2016 and Mill Park in 2018.
SES Spar European Shopping Centers is consolidating its position in the Northern Italian market. With the purchase of the IL Grifone shopping center in Bassano del Grappa, located in the highly affluent region of Vicenza/Veneto, the real estate developer and operator takes over a well-established location with immediate effec...
There is a new start for the former Grandhotel Hessischer Hof: Peakside presents comprehensive revitalization plans for the vacant luxury hotel acquired at the end of 2022, so that the house can celebrate its reopening in 2025 as the first Taj Hotel in continental Europe.
Threestones Capital on the acquisition of the Ginkgo portfolio, which comprises two retirement homes. The properties are located in Cologne and Künzell; the sellers are companies belonging to the Huk-Coburg insurance group.
Hines has acquired a portfolio of four multi-let industrial estates in the West Midlands on behalf of its Hines European Value Fund 2 (HEVF 2) from LondonMetric.According to LondonMetric the purchase price is £40.5 million, reflecting a NIY of 6.2%.
Greystar has completed the acquisition of The Orchard I, a residential site comprising 407 apartments in the sought after area of Bogaard city centre in Rijswijk. Greystar acquired the building from Sterpassage Rijswijk, an affiliate of 3W real estate and AT Capital.
Neinor Homes and Orion Capital Managers, on behalf of the Orion European Real Estate Fund V, have agreed to acquire the first two land plots for its Spanish build-to-sell (BTS) joint venture (JV) where Orion holds a 90% stake on this vehicle while Neinor owns the remaining 10%.
Investment manager Europa has agreed a new 10-year lease with serviced office provider, IOFFICE, for the entirety of the 5,720 sq m of newly refurbished office space at 32-36 Sveavägen in Stockholm.
Nike will open its first ever „Nike Rise“ concept store in Birmingham at Bullring & Grand Central. According to Hammerson, this cleary reflects the strategy to reinvigorate the asset with new brands, concepts and market firsts.
Atenor has sold the iconic RoseVille office building located in Budapest. This transaction is a significant achievement in the company’s operational plan and a major milestone in the Budapest investment market for the year 2023.
Multi Corporation has purchased a KFC fast-food restaurant located in Sittard. This investment represents Multi Corporation's second acquisition in the fast food sector within just 8 months, following the successful addition of a Burger King in Rotterdam in January 2023.
Union Investment is further expanding its position in the Irish residential property market with the acquisition of the planned Seafield Strand residential quarter in Sutton, a suburb in the north of Dublin. The Hamburg-based real estate investment manager entered the Irish residential market in 2021 with the purchase of the ...
Primary Health Properties has agreed to acquire Ireland's first Enhanced Community Care („ECC“) facility at Ballincollig, near Cork, for a total consideration of €29.64 million.