Economy & Financial

Peach Property can actually look forward to the highest operating result in the company's history for the 2022 financial year, were it not for the bitter loss due to exchange rate developments.

A four-year £258 million development loan has been secured to fund the delivery of a 462-home prime residential-led scheme in Kensington, West London.

Palm Capital today announces it has appointed Alex Gebauer as Senior Partner as the company continues to strengthen its presence in continental Europe.

Despite the tense, overall economic situation, Panattoni, the leading project developer for industrial and logistics properties in Europe, nonetheless recorded a positive start to the new year. In addition to completing the first project on the Austrian market and a nearly 10% increase in staff in Germany and Austria, a wide ...

Icade, Icade Santé’s minority shareholders and Primonial REIM have announced the signing of an exclusivity agreement on the sale of Icade’s stake in Icade Santé and arrangement of the sale of the asset portfolio owned by Icade Healthcare Europe (IHE). Icade’s total investment in its Healthcare Property Investment Division is ...

Belfast’s oldest property consultancy, McConnell Chartered Surveyors, is under new ownership after being acquired by one on Northern Ireland’s most well-known businessmen, Paddy Brennan.

Newmark Group has acquired London-based real estate advisory firm, Gerald Eve.

London law firm Howard Kennedy has strengthened its Construction and International Arbitration practices through the acquisition of Corbett & Co., an international construction law boutique.

Multi Corporation announces the appointment of Gerald Grüll as Managing Director of its operations in Switzerland.

ULI Europe today announces the appointment of IPUT Real Estate’s Head of Research, Marie Hunt, as chairperson of the Urban Land Institute in Ireland.

UK developer SevenCapital and investment manager Mark have secured a four-year £258 million development loan to fund the delivery of a 462-home residential scheme in Kensington, West London.

Valor Real Estate Partners has completed a €54 million debt facility with Nuveen Real Estate. The 5-year, c. 65% Loan-to-Cost facility comprises a €33.8 million refinancing tranche and €19.7 million capital expenditure tranche, to support repositioning activity across three assets. It represents the first transaction between ...

Knight Frank has created a new ESG Research team and appointed Flora Harley to lead the team, as the new Head of ESG Research.

In a planned corporate succession, Sonar Real Estate GmbH (Sonar) has taken over the asset management team and the instructions managed by the Berlin-based Cilix Asset Management GmbH. The company was founded by managing partner Dr Alan Cadmus in 2016 after ending his 18-year service on the board of the formerly listed Polis ...

According to Savills, real estate investment volumes in southern Europe (Spain, Portugal and Italy) reached a record high of €31.7bn in 2022, a 36% increase on the previous year.

Real I.S. AG has appointed Dr. Christine Bernhofer to the Management Board. She will join the company as a member of the Management Board with effect from 1 October 2023. The nomination is subject to receipt of the approval of the Federal Financial Supervisory Authority (BaFin). The property expert takes over from Dr. Pamela ...

White Rose Park in Leeds, which counts DAZN, Capita and the NHS as tenants, will undergo a major refit of its 28-acre estate to enhance its sustainability.

As from April, Xavier Van Reeth will join the Montea team as Country Director Belgium. In this role, he will lead the Belgian team that’s responsible for managing existing clients as well as the further growth of the property portfolio in Belgium. As regards managing the existing portfolio, the focus will be on maintaining th...