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Running Deal

British Land lets entire Storey space at 155 Bishopsgate

British Land has let the entire Storey space at 155 Bishopsgate, a newly refurbished building at its Broadgate campus, to Levin, the global tech talent marketplace, which has signed an agreement to lease 23,000 sq ft of space, for its new London Headquarters.
Monday, 5. December 2022

NREP buys historic office building in Helsinki from Allianz

NREP announces the acquisition of the Eteläesplanadi 2 office building in Helsinki from Allianz Real Estate, which purchased the property in 2006, when the property was the head office of UPM. Eteläesplanadi 2 is a landmark building located next to the waterfront in Helsinki CBD.
Friday, 2. December 2022

Wihlborgs buys Malmö properties from Corem Property

Wihlborgs has signed agreements to acquire the Sufflören 4 property in Hyllie, which is a combined office and warehouse property of 5,100 m², and the currently undeveloped Sunnanå 12:26 property of 10,000 m². The vendor is Corem Property Group and occupancy is scheduled for 16 December.
Friday, 2. December 2022

VGP starts further construction in Sevilla

VGP has leased the first building with 30,180 sqm of the VGP Park Dos Hermanas in Seville, one year after its construction started. In the first quarter of 2023, the logistics developer will start the construction works on a second building in the same park, which will be operational by the end of 2023.
Friday, 2. December 2022

Care Property Invest buys residential care centre in Barcelona

Care Property Invest has proceeded today with the acquisition of 'Marina Del Port', an existing site in Barcelona (an autonomous region of Catalonia) that will be redeveloped into a residential care centre. The project has a total investment value of approximately €7.0 million and will accommodate 78 residents upon completion.
Thursday, 1. December 2022

Garbe Industrial leases 18.000 sqm to VW

Garbe Industrial has announced another leasing success: a prominent German car manufacturer will move into a property with a total area of around 18,500 square metres in the 'Niedersachsenpark' in Rieste (County of Osnabrück, Lower Saxony). The Hamburg-based project developer acquired the building together with two other unit...
Thursday, 1. December 2022

Aventos unveils master plan for 90,000 sqm campus in Berlin

Together with David Chipperfield Architects and Eike Becker_Architekten, the independent investment manager Aventos unveiled the master plan for the first stage of its new Luxwerk urban technology campus in Berlin’s Siemensstadt. Overall, more than 90,000 square metres of sustainable commercial space will be created in Berlin...
Thursday, 1. December 2022

AEW UK REIT acquires two high yielding retail assets in Bath and Bromley

AEW UK REIT has unconditionally exchanged on the purchase of a 67,020 sq ft mixed-use block located in Bath city centre at a price of £13,000,000, reflecting a low capital value of £194 per sq ft and an attractive net initial yield of 8.5%. Completion of the asset purchase is expected later this week.
Thursday, 1. December 2022

Panattoni launches 90,000 sqm speculative development near Turin

Panattoni has launched the speculative development of a 90,000 sqm logistics park in Scarmagno near Turin, after acquiring a 241,000 sqm site. This marks Panattoni’s second project in Italy after the company opened its country office in Milan in February and committed to a 15,000 sqm Grade A logistics development project in O...
Thursday, 1. December 2022

EF Logistik leases 17,000 sqm logistics unit from EQT Exeter

The former Ppco warehouse in Lehrte has a new tenant. The stand-alone building will be available to the new tenant, automotive logistics specialist EF Logistik GmbH, from December 2022 on a long-term lease. The stand-alone property at Vor dem Osterholze 2 is a part of the EQT Exeter Value Add Fund III. The new lease for the 1...
Wednesday, 30. November 2022

Allegra Care and Moorfield acquire care home portfolio

A joint venture between Allegra Care, a UK-focused care home operator, and Moorfield Group, acting on behalf of Moorfield Real Estate Fund V, has completed the acquisition of four nursing, dementia and care homes in Bristol and South Gloucestershire.
Wednesday, 30. November 2022

Noratis buys housing portfolio in Lower Saxony

Noratis AG has further expanded its existing property portfolio in Lower Saxony with the purchase of 46 apartment buildings in Bückeburg (Schaumburg district). The company, which is among the leading portfolio developers in Germany, has acquired a total of 204 residential units with total rental space of more than 13,900 m² i...
Wednesday, 30. November 2022

Real I.S. concludes biggest green lease deal in its history

Real I.S. Australia Pty. Ltd. and the Commonwealth of Australia have extended an existing lease on an office building in Melbourne's Central Business District by ten years. The property has a total rental area of 19,000 m². The green lease deal is also the biggest in the history of the Real I.S. Group.
Wednesday, 30. November 2022

Invesco Real Estate completes sale of Utrecht Logistics Facility

Invesco Real Estate has completed the sale of a multimodal industrial estate in Utrecht, Lage Weide, on behalf of one of its long-standing German pension fund clients. The asset was developed in a joint venture with local Dutch developer Intospace, and has been sold to Intospace, which has now acquired full ownership of the e...
Wednesday, 30. November 2022