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» Chronological View: " Logistic " «

Genesta acquires Verkö 4 in Malmö

In line with its strategy, Genesta has acquired the newly built 19,600 sqm logistics property Verkö 4 in Malmö on behalf of its fund GNRE Fund II from Skanska Fastigheter. Located in the heart of Malmö Industrial Park, the property is situated close to the highways E4 and E20, the Copenhagen and Malmö harbour and Kastrup Airp...
Wednesday, 6. February 2019

Wolverhampton set for jobs boost as Pantheon plans approved

Plans have been approved for a multi-million pound industrial/warehouse scheme that is set to generate significant employment opportunities in the West Midlands. Stoford Developments and Bridges Fund Management will develop four Grade A industrial/warehouse units at Pantheon Park in Wolverhampton, after planning consent was g...
Wednesday, 6. February 2019

E V Waddington's Vantage Park in Sheffield fully occupied

E V Waddington is celebrating a double success, as the developer has completed the final works on the second phase of Sheffield’s Vantage Park, while simultaneously revealing that the scheme is now fully occupied. Distinction Doors is the latest occupier to expand into 40,000 sq ft along with Sheffield handmade shoemaker Gora...
Tuesday, 5. February 2019

Segro secures letting with NVN Motorworks at Premier Park in West London

NVN Motorworks is opening its first UK facility. The Dubai-based specialist automotive service company is expanding its operation in to the UK market by agreeing a 10-year lease on a 13,400 sq ft production facility at Segro’s Premier Park in the heart of Park Royal, West London.
Monday, 4. February 2019

Palmira succeeds in fully letting development near Warsaw

Palmira Capital Partners has concluded two further leases, on a total of around 15,800 square metres, of a development in the Warsaw area. This means that the property, which was jointly developed by Palmira and Panattoni Europe and completed in 2018, is now fully let. The property, comprising four ultra-modern detached halls...
Monday, 4. February 2019

Tristan Fund snaps up logistics portfolio of five assets for €86 million

Tristan Capital Partners has struck another deal, adding five logistic assets to its EPISO 4 fund. Together with White Star Real Estate, the company has acquired a portfolio of five institutional quality warehouses in some of the most established logistics locations in the country from an affiliate of Oz Real Estate for aroun...
Friday, 1. February 2019

Killgerm concludes 10-year lease in Business Triangle Neuss

Killgerm is relocating from its current location in Graf-Landsberg-Str. 1, Neuss-Uedesheim, to a hall of 1,760 sqm and 700 sqm of office space in the Business Triangle Neuss on Sperberweg 29-43 at the start of 2019. The chemicals wholesaler has concluded a 10-year lease in the Taubental commercial district. The deal was advis...
Friday, 1. February 2019

Work progressess for new £3 million commercial development in Grangemouth

Work on the second phase is progressing well at Northern Trust's Earls Court development site in Grangemouth. This new phase of development will comprise over 25,500 sq ft; with Barons Court covering c. 18,000 sq ft of industrial/workshop accommodation, alongside a further c. 7,350 sq ft terrace of pavilion style offices at E...
Friday, 1. February 2019

Invesco Real Estate acquires logistics park

In a off-market transaction on behalf of Bayerische Versorgungskammer (BVK), Invesco Real Estate has acquired a fully-occupied logistics park in the Northern Area of Lisbon, considered one of the top prime logistics districts in the country. The logistics park comprises a total GLA of 78,000 sqm divided into six warehouses an...
Friday, 1. February 2019

Allianz and CBRE GIP acquire Nordic logistics real estate portfolio for SEK 4bn

Allianz and CBRE GIP have joined forces and acquired a Nordic logistics portfolio through a Norwegian fund vehicle managed by Ness, Risan & Partners (NRP). The portfolio consists of eight logistics properties in Sweden and Denmark with a total value of more than SEK 4bn (c. €390m) and a lettable area of more than 400,000 sqm ...
Friday, 1. February 2019

Foreign investment in Spain reaches five-year high

The Spanish real estate market saw record levels of overseas investment in 2018, according to a new report from Savills Aguirre Newman. Data from the real estate advisor shows that 68% of the €10,800m invested in Spain came from foreign investors – the highest proportion in the last five years which represents an increase of ...
Thursday, 31. January 2019

Offices & Logistics are the engines of growth in European real estate

Europe’s commercial real estate markets maintained their positive trend across most markets and property types during the fourth quarter of 2018, according to Cushman & Wakefield’s latest DNA of Real Estate report. The European sector, however, was more subdued.
Wednesday, 30. January 2019

Cromwell Property Group sells Pohořelice Industrial Park

Cromwell Property Group has completed the disposal of the Pohořelice Industrial Park, which was part of the Cromwell European Industrial Fund (CEIF) portfolio. Located in Pohořelice, a town in the south of the country, the 44,444 sqm asset comprises three industrial properties split into one modern logistic building, one full...
Monday, 28. January 2019

Orchard Street appoints Alice Murray as asset manager

Orchard Street Investment Management has bolstered its Business Space team with the appointment of Alice Murray as asset manager. In her new role, Murray will be part of the six-strong team responsible for managing Orchard Street’s c. £2.1 billion (c. €2.4 billion) office and industrial portfolios, helping implement business ...
Monday, 28. January 2019