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Clarion Partners Europe has acquired two modern, institutional quality distribution warehouses, totalling 438,444 sq ft, in Peterborough, UK, for £52 million, from Equities Property Fund. The investments represent the first by Clarion Partners Europe in the UK since 2016, a market where it has historically had a significant ...
Savills Investment Management has acquired the Rapid Logistics distribution centre in the Schiphol Trade Park in an off-market transaction on behalf of a German pension fund. The development will be completed in Q4 2023.
Savills and Aurum Real Estate, acting jointly on behalf of Boultbee Brooks, have completed the freehold sale of Park House in Cardiff city centre to Arasam Ltd, for £3.86 million. The sale price represents a net initial yield of 8.75% excluding any rent guarantees on the vacant space.
Property developer Cordia Blackswan has reached a milestone in its Great Hampton Street regeneration masterplan – with the practical completion of heritage commercial building refurbishment The Bank.
Later-living developer Pegasus has acquired a 1-acre parcel of land in Camberley, Surrey, where it will deliver 61 new apartments exclusively for the over 65s. Situated in Camberley town centre the scheme further expands the developer’s presence in the South of England, where it currently has 20 live developments.
Aprirose has acquired the freehold of an asset in Whetstone for an undisclosed price. The property is let to Travelodge with 18 years remaining on the lease.
Manchester City Council granted a resolution to approve a full planning permission to national developer McLaren Property, for the £70m redevelopment and restoration of St Gabriel’s Chapel and Lodge into new high-quality student accommodation, located in Victoria Park Conservation Area, Rusholme, Manchester.
AEW UK REIT has completed the sale of its industrial holding at Clarke Road, Milton Keynes, for £2,750,000 (circa £91 per sq ft), reflecting a 6.3% net initial yield (NIY).
Supermarket Income REIT announces that the sale of its interest in the Sainsbury’s Reversion Portfolio (“SRP Portfolio”) completed on 17 March 2023, as expected.
Meadow Partners today announced that it has acquired a 128-apartment residential property located in the centre of Croydon, London. The Property will form part of the firm’s growing multifamily platform within Greater London.
Delin Property has acquired on behalf of its Dutch Logistics Fund a fully occupied 36,600 square metre warehouse in the strategic Arnhem-Nijmegen region in the east of the Netherlands. The purchase price is not being disclosed.
Avant Homes has started construction on a 12-acre site in Keighley, West Yorkshire to deliver 124 new-build homes with a gross development value (GDV) of around £33m.
Schroder European Real Estate Investment has acquired, via a sale and leaseback, a freehold industrial warehouse in Alkmaar for approximately €11 million, reflecting a net initial yield of 5.6%.
Patrizia has announced the signing of Clifford Chance as the first tenant for The Louise, its iconic office re-development in the heart of Brussels. The international law firm has signed a lease for the three top floors of the 24-storey building, spanning 3,150 sq. m., and is expected to move into the landmark office on 1 Jul...
A hybrid planning consent has been granted for the development of c.2 million sq ft of new industrial, warehouse and logistics accommodation at a premier distribution location in the South West.
Amicala and Socius have obtained planning consent from Elmbridge Borough Council for a new Integrated Retirement Community at Members Hill in Weybridge, Surrey. Work in expected to start on-site at Members Hill in Autumn 2023.