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» Chronological View: " Western Europe " «

SREF enters self-storage market with €48.2 million portfolio buy

Schroder UK Real Estate Fund (SREF) has completed the purchase of a portfolio of self-storage assets, comprising over 230,000 sq ft, from The Self-Storage Company, for over €48.2 million (£44 million). The deal, which comprises five properties situated around London and the M25, also sees SREF acquire the intellectual propert...
Montag, 21. August 2017

Covent Garden continues to grow with reveal of living wall

The gateway to Covent Garden will be transformed into a ‘vertical park’ with a living wall covering over 1,500 sq ft of the building facade to be revealed in September on the corner of Long Acre and James Street - part of a greening initiative recreating the area’s garden heritage. The wall will have varying tones of green w...
Montag, 21. August 2017
UBS AM completes acquisition of central Edinburgh office asset

UBS AM completes acquisition of central Edinburgh office asset

UBS Asset Management's Real Estate & Private Markets (REPM) business has completed the acquisition of Quartermile 2, a prime office building located in the new Quartermile development in Edinburgh, Scotland for circa €31.2 million (£28.5 million), representing a yield of 5.4%. The asset was acquired on behalf of a separate ac...
Montag, 21. August 2017
Union Investment sells office portfolio at Brussels Airport to RF Capital

Union Investment sells office portfolio at Brussels Airport to RF Capital

Union Investment has sold an office portfolio comprising five individual properties close to Brussels International Airport, which were held in its open-ended real estate fund Unilmmo: Europa. The five properties are located on Da Vincilaan in the Corporate Village business park and offer total rental space of approximately 6...
Montag, 21. August 2017

Lettable office space reaches 10-year low in Birmingham City Centre

Available office space in Birmingham city centre has shrunk to a ten-year low, according to new research from CBRE. Current availability is 1.76m sq ft, which is 19 per cent lower than the five-year average. The city's only two committed development schemes – Three Snowhill and the first phase of Paradise Circus (One and Two...
Montag, 21. August 2017
Birmingham Business Park dominates M42 and Solihul office market in Q2

Birmingham Business Park dominates M42 and Solihul office market in Q2

Birmingham Business Park dominated lettings in the M42 and Solihull office market in the second quarter of 2017, with the three largest lettings, totalling nearly 35,000 sq ft, responsible for more than half the total space disposed of (62,508 sq ft), according to KWB. The letting of 20,774 sq ft to BCA Logistics at 1320 Soli...
Montag, 21. August 2017
Plans revealed for the transformation of Manchester's Great Northern Warehouse

Plans revealed for the transformation of Manchester's Great Northern Warehouse

Plans for the transformation of the Great Northern Warehouse and Square have gone on show in Manchester at a public exhibition organised by the partnership that owns the site, Trilogy Real Estate and Peterson Group. The exhibition will give the public the opportunity to view the plans and comment ahead of a planning applicati...
Montag, 21. August 2017
Opus North remains extremely optimistic about Skipton Retail Park

Opus North remains extremely optimistic about Skipton Retail Park

Opus North remains extremely optimistic about the future of its €7.1 million (£6.5 million) retail park in Skipton. The 35,000 sq ft retail park, which is located on part of the site of the Guyson's International factory on Keighley Road in Skipton, had a recent setback when DIY giant Wickes pulled out of the development.
Montag, 21. August 2017

Barcelona's Mamarosa makes debut at Shoreditch Village

Shoreditch Village has announced the signing of Mamarosa, expanding the restaurant from its pioneering location beneath the prestigious 5-star W hotel in Barcelona and debuting it in the UK. The new two-storey 1,950 sq ft Italian and Mediterranean fusion restaurant will be positioned adjacent to the citizenM boutique hotel an...
Montag, 21. August 2017

Legal & General acquires Liverpool's India Buildings

LGIM Real Assets (Legal & General) has secured a major pre-let with The UK Government following its acquisition of India Buildings in Liverpool from Shelborn Asset Management. The letting will see HMRC become a large employer in the city, helping to facilitate significant economic growth in the northwest city.
Montag, 21. August 2017

Katie Brown and Chris Wilkinson join Aviva Investors as Associate Directors

Aviva Investors has appointed two asset managers to its real estate team. Katie Brown and Chris Wilkinson are based in London and report to Tony Christie, Head of Retail Asset Management. In these new roles, Katie and Chris will be working on the development and asset management of retail properties across the UK.
Freitag, 18. August 2017
Orla Kiely makes its shopping centre debut at Brent Cross

Orla Kiely makes its shopping centre debut at Brent Cross

Hammerson and Standard Life Investments announce that contemporary designer Orla Kiely is due to open a new pop-up store at Brent Cross in North London. This will be the first shopping centre store for the Dublin-born designer. Due to open in August 2017, the pop-up will run for six months, taking a 2,074 sq ft store in mall ...
Freitag, 18. August 2017

Private investor acquires virtual freehold of an industrial property in London

A private client of Avison Young has sold the virtual freehold of an industrial property in Mitcham, London to a private investor for €4.65 million (£4.25 million), representing a net initial yield of 5.19%. The property, which lies within the Mitcham Industrial Estate, is a detached industrial unit totaling 29,109 sqft (2,70...
Donnerstag, 17. August 2017

Avison Young sells West Midlands warehouse investment

Avison Young has sold the freehold of an industrial property on Bloxwich Lane, Walsall, West Midlands to AEW for €3.21 million (£2.935 million), reflecting a net initial yield of 8%. Bloxwich Lane is a well-established industrial area 2 miles north of Walsall, with good access to the A454 Wolverhampton Road. It lies half a mi...
Donnerstag, 17. August 2017

Intervest acquires a distribution centre

Intervest Offices & Warehouses pursues its international growth in the logistics real estate sector and acquires a distribution centre. The newly-acquired distribution centre in Raamsdonksveer in North Brabant has a leasable surface area of 20.500 m² and is under a long-term lease with furniture and home decoration retailer L...
Donnerstag, 17. August 2017

Hotel Chocolat debuts café store in Dundrum Town Centre

Hotel Chocolat has chosen Dundrum Town Centre by Hammerson to open its first café store in Ireland. The new, 102 sq m café store at Dundrum marks an all-important first for Hotel Chocolat in the Irish market, and will offer the centre's shoppers its full range of exclusive chocolates as well as the brand's own café. Due to op...
Donnerstag, 17. August 2017

Lxi REIT acquires three Priory Group care homes for €16.3 million

The Board of Lxi REIT has acquired the freehold interest in two Priory Group care homes in Northern Ireland and exchanged contracts to acquire a third Priory Group care home for a total portfolio consideration of €16.3 million (£14.9 million), reflecting a net initial yield of 6.5% (net of acquisition costs). Each of the prop...
Donnerstag, 17. August 2017