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In 2018, Cegereal, the French Core Office REIT has increased its growth. "The performance of Cegereal’s teams in 2018 enabled us to deliver results in line with the ambitious objectives set in 2017. The acquisition of Passy Kennedy illustrates our selective acquisition strategy focused on Paris – an area with strong potential...
Cofinimmo signed today an agreement with the European Free Trade Association (EFTA), the EFTA Surveillance Authority (ESA) and the Financial Mechanism Office (FMO), whereby these institutions will become usufructuaries of the whole Quartz office building. The agreement will commence following delivery of the works, scheduled ...
A substantial 1.08 hectares (2.68 acres) industrial yard in East Kilbride’s College Milton Industrial Estate has been sold for significantly more than the asking price of £280,000 by DM Hall.
The rise of internationally traded services – a consequence of shifting global consumption patterns, the internationalisation of business processes and more sophisticated accounting practices within multinationals, has led to the presence in Dublin of outward-facing corporations whose activities are decoupled from the size of...
Real I.S. has acquired a newly built logistics property with a total surface are of 30,000 sq m in Wijchen for its real estate special AIF “Real I.S. Smart”. The investment and asset manager is therefore expanding its existing logistics space in the Netherlands, specifically the region of Gelderland. The parties have agreed t...
Consero London has acquired the substantial 3.5 acre Birchville Court lodge-house and grounds in Bushey, on the border of London, and will redevelop the site into Heathbourne Village, a £50m (GDV) (c. €57.5m) premium residential scheme providing 41 residences set in landscaped grounds.
AEW UK Long Lease REIT has acquired a nursery property in central Southampton for GBP2.1 million (c. €2.4m), reflecting a net initial yield of 5.9 per cent.
Scarborough International Properties has submitted an application to Sheffield City Council for detailed planning consent for Vidrio, an eight storey, 60,000 ft² office building located on Sheffield Digital Campus. The development would complete the final phase of Sheffield DC, where enabling and substructure works have alrea...
Work is well underway on what is believed to be the largest single industrial speculative build in Edinburgh in the last 20 years. Seven Hills Business Park in Sighthill, to the west of Edinburgh, will provide a total of 76,000 sq ft of industrial and trade space, with completion due in autumn of this year.
Carter Jonas has sold a 3.25-acre residential development site in Markington, North Yorkshire, to Mulgrave Properties on behalf of the landowner and Promoter, KCS Developments. Carter Jonas and KCS sought planning permission for 25 dwellings before taking the site to the market.
Aprirose has strengthened its team with the appointment of Philip Gardner as Commercial Director to oversee its hotel management platform’s sales, marketing and revenue disciplines. Gardner joins Aprirose from Intercontinental Hotel Group (IHG) Europe where he was the Vice President leading the revenue management team. Prior ...
Henderson Park and Greystar Real Estate Partners have have acquired a significant build-to-rent development in Walthamstow, east London. The two companies have exchanged contracts with Telford Homes Plc to acquire all 257 market rental homes within the Equipment Works development site in Walthamstow, London. The acquisition f...
Long Harbour has further strengthened its growing team with a new appointment. The real estate and asset backed investment manager has appointed Gerald Templer as Investment Manager. In his new position, he will play a key role in supporting the fund raising and project management of the company’s flagship developments. Templ...
Spinksmire Mill, an historic 19th century woollen mill in HD9 4AN Meltham, near Huddersfield, has been sold in a deal close to the asking price of £1.5 million (c. €1.7 million). The mill, which was owned by Quarmby & Sykes (Holdings) Ltd, has been acquired by Holmfirth-based SDC Enterprises.
InterContinental Hotels Group (IHG) has opened its first Staybridge Suites® in Scotland, Staybridge Suites Dundee. Designed to meet the needs of extended stay guests from business travellers to families, Staybridge Suites Dundee offers 85 one bedroom and studio suites, with living areas, fully equipped kitchens and flexible w...
CLS Holdings has struck another deal. The company has exchanged contracts with Derwent and LaSalle to acquire 9 Prescot Street, London E1 for £53.85 million (c. €61.8 million) excluding costs. CLS intends to finance the acquisition through existing resources and bank financing.
Patrizia Immobilien AG's ‘UK Value 2’ fund has completed the sale of Peter House, an office asset in Manchester, to BP Pension Fund for £45.1 million (c. €51.8 million). The transaction price reflects a yield of 5.12%.
Worldwide Flight Services (WFS) and Air Canada have renewed their leases at Heathrow Cargo Centre. The major airside cargo facility owned and managed by Segro. The companies` expansion at Heathrow underlines the strategic importance of the airport, which transported over 1.6 million metric tonnes of cargo in 2018.
