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Groupe Idec Invest today held the groundbreaking event for its future outlet village Viaduc Village in the town of La Cavalerie, next to the Millau Viaduct in the South of France. The ceremony was held in the presence of François Rodriguez, the Mayor of La Cavalerie, as well as Lionel Mary, General Manager of Groupe Idec Inve...
Construction of a 140,000 sq ft headquarters building at the new £120 million (c.€134 million) Worcester Six Business Park will begin soon after planners gave the development the green light, it was announced today. Developer Stoford Developments gained planning consent from Wychavon District Council to build the unit after s...
Hammerson has completed the acquisition of the 11,000 m² shopping centre Cergy 3 adjoining its centre Les Trois Fontaines, Cergy Pontoise, Paris for €81 million (£72 million) from a private vendor.
Edmond de Rothschild (Suisse) S.A. has agreed to enter into a strategic alliance with Cording Real Estate Group to create a comprehensive European investment management business. Edmond de Rothschild (Suisse) S.A., via its affiliate OROX Europe, has agreed to acquire a majority stake in Cording Real Estate Group, a German, UK...
Vonovia SE, Germany’s largest real estate company, and the SNI Group, a unit of France’s Caisse des Depots agreed to look at opportunities for cross-border investment in the residential property market.
BNP Paribas REIM has acquired Nissan's central office for a private investor. Located near Paris, at Montigny-Le-Bretonneux, the building was delivered early 2017 with a lettable area of approx. 14,000 sqm; it can accommodate 850 employees and provides 500 car parking spaces and a company restaurant of 300 seats. The campus, ...
Bullring announces that Coach has opened its debut flagship store in Birmingham at Bullring. The new 280 sq m store is located on the upper east level of the mall, in close proximity to a number of premium brands. This latest opening marks the brand's fourth store outside of London. Bullring has an annual footfall of over 36 ...
The take up of units at a new business development in East Preston continues with only a handful of units still available, reports Robert Pinkus & Co LLP. Ribble Court is the most recent 23,500 sq ft speculative development to be built by Tustin Developments Ltd at Red Scar Business Park, East Preston. With 40% of the units p...
Patrizia Immobilien AG has launched its eighth Patrizia Insight study on the European Residential Markets which for the first time includes a major new European City Ranking – a matrix which combines long-term attractiveness indicators alongside liquidity within 119 European cities in order to assist investors optimally diver...
In H1 2017, Germany overtook the UK as the most active country for investment in commercial real estate in Europe, although the UK fought back in Q3 and Spain is becoming increasingly attractive according to a new report from Colliers International.
DekaBank has acted as Sole Arranger and Underwriter on a £152m (c.€171m) five-year term loan secured on 1 & 2 Pancras Square, King's Cross, London NC1. The loan is being made available to a subsidiary of the King's Cross Central Limited Partnership (KCCLP), a Joint Venture between AustralianSuper and the British Telecom Pensi...
Following the acquisition of Eurosic's blocks of securities on August 29, 2017, Gecina was holding close to 85% of the capital of Eurosic on a diluted basis. The release of the results of the simplified alternative public tender and exchange offer filed by Gecina on September 19, 2017 indicates that Gecina's holding reach 99....
Rockspring Property Investment Managers LLP on behalf of its UK Value 2 LP has signed a 10 year lease with international clothing brand Superdry at Fairhill Shopping Centre, Ballymena. Rockspring acquired the shopping centre, which is asset managed by its partner Cordatus Real Estate, in September 2015.
CBRE recently released their latest research report, focussing on trends in the retail sector of the Irish economy and property market. According to CBRE, during the last six-month period the Irish retail sector has continued to show positive fundamentals driven by strong economic conditions and monthly footfall figures. Reta...
The Gibraltar Limited Partnership has announced thirteen new lettings and an additional four re-gears totalling more than 135,000 sq ft including mezzanine space at Fort Kinnaird, Edinburgh. British Land is property advisor to the Gibraltar Limited Partnership.
Office space take-up in Belfast increased significantly in Q3, according to new data released by Savills Northern Ireland. 19 transactions, totalling 91,557 sq. ft. completed in the quarter – more than double the number in Q1 and Q2 combined (14) taking the total take-up for the year to date to 257,029 sq. ft. An overwhelming...
The UK student accommodation sector is continuing to attract capital from across the globe with is €3.21bn (£2.85bn) being invested so far this year according to the latest figures from Global real estate advisor CBRE. Over €890m (£790m) has been invested by Canada in 2017, with Liberty Living, a student housing platform owne...
Gerald Eve has strengthened its planning and development team with the recruitment of Adam Rhead as a partner. Rhead has over 14 years’ experience within development and valuation, with a focus on the London and Midlands markets. He joins from Deloitte’s London-based development advisory team, having also worked at the firm’s...
