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Kennedy Wilson has secured planning permission at Hanover Quay, in Dublin south docklands. In a joint venture with the National Asset Management Agency, planning permission was granted for 68,400 sq ft NIA (87,400 sq ft GIA) of new office space. The joint venture acquired Hanover Quay in July 2017, having previously been a wa...
Cording Real Estate Group has expanded its private rented sector (PRS) team with a new appointment to cover this rapidly growing segment of the business. John Molloy has joined the London office as a Senior Project Manager, Construction where his responsibilities will include project management of the £40 million (c. €45.6 mi...
Barings Real Estate has acquired an office building at 9 rue du Helder in Paris, from a private investor as part of its pan-European value-add real estate investment strategy on behalf of institutional investors. The property, which is currently vacant, comprises c.1,600 sqm split across five floors including a mezzanine leve...
Orange Capital Partners (OCP) has refinanced the acquisition debt secured against multiple residential portfolios in the Netherlands, with approximately 700 units and a total net market value in excess of €135 million. The portfolio is geographically distributed throughout the Randstad with a focus on Amsterdam, Amstelveen an...
PfP Capital today announced that it intends to launch a new fund in partnership with the Scottish Government to invest in mid-market rent (“MMR”) properties throughout Scotland. The fund manager is targeting a total fund size of £150 million (c. €171 million) which will be comprised of a £47.5 million (c. €54 million) investm...
As it continues to expand within the house building sector, Legal & General appointed Chris Sly as as the new Finance Director and Matthew Stubblefield as the new Health and Safety Officer. Sly will join the company from FTSE100 property developer, Berkeley Homes where he held the position of, Head of Finance for the Wester...
WeWork Property Advisors has secured planning permission through affiliated entities for the refurbishment and re-development of two offices in the City of London: 51 Eastcheap and 120 Moorgate. Both properties expect to be majority occupied by WeWork Companies when complete.
Metro Bank and TK Maxx have entered a leasing agreement to take space with Hammerson on Broadstreet in Bristol’s shopping quarter. Metro Bank is set to open a first site in the city later this year, taking a projected 24,000 sq ft of space, which will comprise office and training space the upper floors as part of its regional...
Stenprop’s shares have been admitted to trading on the Specialist Fund Segment of the London Stock Exchange. Trading in the company’s shares have commenced on the Specialist Fund Segment at 8.00 a.m. London time on 15 June. The company’s shares ceased to trade on the Bermuda Stock Exchange with effect from the close of market...
Round Hill Capital and Boelens de Gruyter have acquired an existing office asset “Ring-Park” for potential refurbishment and expansion and an opportunity for significant residential redevelopment. The 11,804 m² site, near the A10 ring-road in Central Amsterdam is located in a “residential acceleration area”
Happy Home Furnishers has entered a new 10-year lease for its new 12,650 sq ft superstore at Phoenix Retail Park in Swansea, joining existing occupiers Dreams, Iceland, and Home Bargains at the popular site. The Phoenix Retail Park is owned by Barberry Developments. Morgan Williams and Fletcher Morgan acted jointly on the le...
Buccleuch Property has bought two industrial/warehouse units at Bescot Point, Bescot Crescent in Walsall in a £1.65 million (c. €1.9 million) deal. Following the deal, the developer has commenced a comprehensive programme of refurbishment. To this end, the company has made further investments. The 23,973 and 28,169 sq ft unit...
As joint investors Groupe ADP and Covivio have signed the documents for the development of the Belaïa office building in the heart of Cœur d'Orly, Paris-Orly Airport’s business district. Designed by Ateliers 115 Architectes, the Belaïa office building will have a total area of 23,500 sq metres. It is located at the foot of tr...
Samsung Electronics and Argent agreed to lease a 20,000 sq ft showcase space at Coal Drops Yard, the new district in King’s Cross, London. Located between two reimagined Victorian coal drops, in a top floor dual-aspect space, Samsung KX LDN sits at the very centre of Coal Drops Yard.
BNP Paribas REIM has aquired 11,000 sq metres of office building located on 49-51 rue La Boétie, in the 8th arrondissement of Paris for an undisclosed amount from Poste Immo. This landmark building in the Art Déco style will host the parisian offices of a global financial institution.
Sterling Capitol have been given permission for a new access road at Capitol Park Goole at Junction 32 of the M62 by the East Riding of Yorkshire Council. Capitol Park Goole has already been given the go-ahead to be a large-scale employment and distribution hub, creating 1,200 jobs. The 32-acre site, which has a capital value...
Corum Asset Management has completed the off-market acquisition of 40-46 Donegall Place in Belfast in what is said to be the largest retail investment transaction in Northern Ireland so far this year. The property is currently home to Northern Ireland’s flagship Next store and Dublin-based Eason, and extends to 67,000 sq ft....
Enterprise 5 Industrial Estate, a multi-let industrial estate in Bradford, has been acquired by the Ribston UK Industrial Property Limited Partnership (RPUT) for an undisclosed sum. Located in the Bradford suburb of Idle adjacent to the Enterprise 5 Retail Park, Enterprise 5 Industrial Estate comprises 17 units of modern indu...