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BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Germany has acquired the 4Urban logistics portfolio in Austria from Frasers Property Industrial on behalf of the fund European Impact Property Fund (EIPF).
Montea and Intergamma signed an agreement for the development of a new distribution centre of circa 95,000 m² on the former site of the old Glass Factory located in De Kellen, Tiel. The building will be among the 10% most sustainable new-build developments, with a BREEAM Excellent certification.
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 ...
Burgeoning demand for modern and sustainable logistics space in Austria has driven the full leasing of CTPark Vienna East, covering about 51,000 sqm of gross lettable area (GLA) even before the completion of CTP’s first development in the market. Construction work has meanwhile kicked off at the company’s second project in th...
Work has started on Momentum, a landmark green industrial scheme in London; which will see a 380,000 sq. ft. carbon neutral, BREEAM Excellent development being delivered by HBD and Barings.
LondonMetric Property Plc (“LondonMetric”) announces the sale of seven long income assets for £33.9 million (LondonMetric share: £29.6 million), reflecting a blended NIY of 4.5% and crystallising a blended ungeared IRR of 10% and a 28% profit on cost.
Kyocera is leaving, Aventos is coming: On the production site at Steinzeugstraße 48-64, Aventos will realize a business park with 35,000 m² of commercial space. At the same time, the specialty ceramics manufacturer is moving its last units on the site to a new building by 2024, for which ground was broken last week.
Beos Logistics, a joint venture company of Swiss Life Asset Managers as a developer/investor of logistics real estate, will be integrated into Swiss Life Asset Managers with immediate effect. The contact persons of the clients remain unchanged.
DIC Asset AG let the last remaining logistics and office units of 5,500 sqm in the logistics property in Wolfhagen to NEWA-Vertriebs GmbH. The new lease is signed brings the logistics centre in Wolfhagen with its roughly 33,300 sqm up to full occupancy, so that the entire floor space of the portfolio owned by the “RLI Logisti...
P3 Logistic Parks is growing its Dutch portfolio with the acquisition of a development asset in Amstelveen. The long-term investor-developer of European logistics properties has acquired the asset from developer Ringmeer B.V. who will shortly start developing P3 Amstelveen as state-of-the art warehouse, expected to be deliver...
With over 120,000 sqm fully leased, it is time for the second stage. Panattoni launches construction work on 90,000 sqm of speculative space as part of the Panattoni Park Wrocław Logistics South Hub.
CTP has delivered a state-of-the-art 15,000 square metre logistics development at CTPark Sofia Airport to its anchor tenant DSV. This second development for Danish-headquartered DSV doubles its total footprint at CTPark Sofia Airport to approximately 30,000 sqm.
On the back of considerable demand for the second phase of development at Symmetry Park Biggleswade, where all four buildings are now fully let prior to Practical Completion (PC), national logistics developer Tritax Symmetry has submitted a detailed planning application for 930,000 sq ft of highly sustainable logistics space ...
P3 Logistic Parks has closed a deal to acquire the Campus 39 business park in Wroclaw, southwest Poland, from Panattoni. This marks the fifth acquisition P3 has completed in southern Poland in the past 12 months.