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» Chronological View: " Western Europe " «

Sale of Equipment Works for £105.5 million

Telford Homes Plc has exchanged contracts for the sale of its Equipment Works build to rent development site in Walthamstow, E17 to a joint venture between Henderson Park, the European real estate investment platform, and Greystar. This is the third time the Group has worked with Greystar following the recent land purchase at...
Tuesday, 19. February 2019

Swiss eyewear brand signs for London flagship store

Swiss premium eyewear label, VIU, has leased a unit in London’s Soho for its flagship UK store. The shop at 5-6 Upper James Street on the northside of Golden Square will be the brand’s first outlet in the UK. It already has a 30-store network across Switzerland, Germany, Scandinavia and Austria.
Tuesday, 19. February 2019

UK Investment Volumes Above Long Term Average Despite Uncertainty in 2018

Around £13bn of UK commercial real estate assets were traded in the final quarter of 2018 taking the full year investment total to £55.8bn – ahead of the long-term average, according to Cushman & Wakefield. While the full year investment total represented an 18% reduction on 2017 and the quarterly total of £12.8bn was down 43...
Tuesday, 19. February 2019

Multi appoints new Managing Director Multi Netherlands and Belgium

Multi Corporation to announce the appointment of Hubert Stech as the new Managing Director of Multi Netherlands and Belgium, effective 1 March 2019. Mr Stech will assume the responsibilities for the Netherlands and Belgium in addition to his role as Managing Director of Multi Germany. He will succeed Françoise Dechesne, who h...
Monday, 18. February 2019

Addington Capital secures planning approval for resi development Leeds city centre

Addington Capital has received planning approval on a residential development on Melbourne Street in Leeds City Centre. The application comprises of 100 apartments of varying sizes split into three blocks on varying levels. Den Architecture were the architects for the project. The plan is to get on site and build as soon as p...
Friday, 15. February 2019

Clearbell welcomes new tenants in North Bristol

Marie Stopes International, a reproductive health services organisation, has taken space on the ground floor of Axis Beta in Almondsbury following a deal brokered by Colliers International on behalf of Clearbell Property Partners II LP, a fund managed by Clearbell Capital. Marie Stopes has taken 1,972 sq ft of office space in...
Friday, 15. February 2019

Patrizia completes €250m second close of TransEuropean VII

Patrizia Immobilien AG announces the €250 million second close of its seventh TransEuropean fund, TEP VII. The equity has been secured from a diverse group of institutional clients in the UK, the USA, Asia and Finland, with over 30% of commitments coming from clients who are new to the TransEuropean series. A further €200 mil...
Friday, 15. February 2019

Legal & General partners with Goldacre for data centre deal

Legal & General Capital has invested in The Kao Data Campus (“Kao”), a state-of-the-art £230m data centre development servicing the London to Cambridge corridor. Kao was named in honour of Nobel Prize winning physicist Sir Charles Kao, who pioneered the use of fibre optics at the site of Kao’s first data campus development. ...
Thursday, 14. February 2019

Hibernia REIT CIO Richard Ball to step down

Hibernia REIT announces that Richard Ball is to leave the company to pursue another opportunity and will step down as Chief Investment Officer at the end of March 2019. Edwina Governey, who is currently Senior Investment Manager, will be appointed as interim Chief Investment Officer, subject to approval by the Central Bank of...
Thursday, 14. February 2019

Circle completes £100m bank refinancing

Circle Property has completed an agreement with RBS and HSBC for a £100 million (c. €113m) new financing facility. The facility replaces a £55 million (c. €62m) facility with RBS agreed in June 2016 and amended in March 2018.
Thursday, 14. February 2019

La Française strengthens its investment team

La Française Real Estate Partners strengthens its organisation with the arrival of Jean-Christophe Caron-Telders as Senior Investment Manager, responsible for sourcing and underwriting real estate assets for French and international institutional clients.
Thursday, 14. February 2019

Cromwell sells Poseidon House in Cheadle for £6.9m

Cromwell Property Group has sold Poseidon House in Cheadle, South Manchester, to a London based private investor for £6.9m, reflecting a net initial yield of 6.80%. The asset was part of the Cromwell European Diversified Fund portfolio.
Thursday, 14. February 2019

UK Logistics & Industrial Take-up Hits Ten-Year High

The UK logistics market had a record-breaking year in 2018 with annual take-up reaching 35.9 million sq ft, the highest level since 2008. Research from Cushman & Wakefield has revealed that in the fourth quarter of 2018 take-up reached 11.1 million sq ft, the strongest Q4 on record in over a decade. Whilst 2018 saw fewer deal...
Thursday, 14. February 2019