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Western Europe

Clarion Partners Europe re-enters UK warehouse market

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 ...
Friday, 24. March 2023

Savills IM acquires logistics asset in Schiphol Trade Park

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.
Friday, 24. March 2023

Park House in Cardiff sold for £3.86 million

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.
Friday, 24. March 2023

Pegasus acquires site in Camberley to deliver 61 new contemporary apartments

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.
Friday, 24. March 2023

McLaren gets go-ahead for Manchester student accommodation scheme

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.
Wednesday, 22. March 2023

Delin Property acquires warehouse in Arnhem-Nijmegen Region

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.
Monday, 20. March 2023

Patrizia secures Clifford Chance as first tenant at The Louise

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...
Friday, 17. March 2023

Amicala and Socius get planning consent for Members Hill

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.
Thursday, 16. March 2023