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Western Europe

Hurlington gains consent for £150m Deptford PBSA scheme

Hurlington Capital secures planning approval for a £150m GDV student accommodation project in Deptford, south London. The scheme includes 484 student bedrooms, 42 affordable homes, and 19,000 sq ft of creative workspace.
Tuesday, 30. April 2024

Azora checks into city hostels in Dublin and Barcelona

Azora has completed the acquisition of two hostels located in Dublin and Barcelona on behalf of its Azora European Hotel and Lodging Fund, through a transaction with a fund managed by BlackRock.
Tuesday, 30. April 2024

LGIM acquires Tesco foodstore from abrdn for £46.1m

Legal & General Investment Management's Managed Fund, headed by Rob Codling, Senior Fund Manager, have acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1m. The transaction reflects an effective net initial yield of 7.75%.
Tuesday, 30. April 2024

Altera and BAM Wonen finalise modernisation work in Sassenheim

Recently, Altera Vastgoed took delivery of the properties built in the 1980s in Sassenheim from BAM Wonen following eco-friendly home upgrades. Making these properties more sustainable is in line with Altera's ambition to make its portfolio Paris Proof by 2040 at the latest.
Monday, 29. April 2024

Office rents 34.2% higher near Dutch railway stations

Savills has unveiled a new report detailing critical trends shaping the future of the Dutch office market, emphasising the significant impact of location and accessibility. According to the study, offices near railway stations command rents that are 34.2% higher than those in less accessible locations, reflecting the premium ...
Friday, 26. April 2024

AEW gets green light for Bristol Debenhams redevelopment

AEW has been granted planning permission to transform the former Debenhams department store in Bristol into a mixed-use residential development with more than 500 new homes for rent, including 100 affordable homes.
Friday, 26. April 2024

Deka Immobilien sells Coty's Headquarters in Paris

Deka Immobilien has sold the office building Opéra Gramont, located at 14 rue du Quatre Septembre in Paris for approximately €107 million. The property was part of the WestInvest ImmoValue portfolio, an investment fund designed for institutional investors, and was acquired by Osae Partners on behalf of one of its discretionar...
Friday, 26. April 2024

Clintons opens first UK outlet store under new ownership

Northern Ireland's only premier designer outlet, The Boulevard is now officially home to the UK's first Clintons outlet store, under the new management and ownership of Cardzone, as it opened its doors to customers on Saturday 20 April 2024.
Friday, 26. April 2024

Dominus and Cheyne partner up for 65 Fleet Street

Dominus and Cheyne Capital Management have acquired 65 Fleet Street in a joint venture. This acquisition follows on from Dominus and Cheyne Capital having completed two development financing transactions in 2023. The partners have ambitious plans for the site to introduce a mix of uses that will add to the life and dynamism o...
Thursday, 25. April 2024

Brightbay strengthens senior team

Brightbay Real Estate Partners has appointed George Jerram as a Director of Asset Management and promoted a further three colleagues to Director to strengthen its senior management team and support its growth strategy.
Thursday, 25. April 2024

Topland reaches full occupancy for Bristol city centre office

33 Bristol, the Topland-owned Bristol city centre office space, is now fully occupied after engineering and environmental consultants, Rappor, completed the letting of its ground floor suite. The investment group acquired the office facility in 2019 before investing £1 million in an extensive refurbishment to attract business...
Thursday, 25. April 2024

Marstead Living secures £260m debt finance from Federated Hermes

Marstead Living has successfully obtained mortgage finance from Federated Hermes Private Credit. This funding, has enabled the purchase of an 18-acre site in Mill Hill, located in the Borough of Barnet, London. The project, named Marstead Mill, is set to be a pioneering retirement village valued at over £260 million.
Thursday, 25. April 2024