Western Europe

Construction of a multi-million-pound speculative development of 13 small industrial units in East London has reached practical completion, main contractors MCS Group announced today.

Thackeray Group has sold its Assembly Rooms office development in Putney to a private investor for more than £30 million.

Trebor has launched the new division ‘Trebor Developments Strategic Land’ which will focus on bringing forward land transactions across the UK to secure Planning in order to provide a pipeline of future Industrial development sites.

Knight Property Group has signed up a further two tenants for Phase 1 of Langlands Commercial Park in East Kilbride.

HFD Group has made two new appointments to its board, with the promotion of Katrina Ovenden and Stuart Teape to legal director and finance director respectively.

Bruce Gillingham Pollard has appointed Lucy Gardiner as an Associate in its National Leasing Team.

Schroders Capital’s Real Estate Debt team has strengthened its investment platform with a team from Europa Capital. The team consists of Mike Birch as Lead Investment Manager, Robert Game as Portfolio Manager, Louise Standring-Smith as Investment Manager and Sunny Vaghela as Analyst.

Capital values decreased 0.5% across all UK Commercial property in July 2022, according to the latest CBRE Monthly Index. Over the month, rental value growth was 0.3%. Total returns were -0.1%.

Touchwood Shopping Centre in Solihull has further enhanced its offer with the opening of Japanese-inspired lifestyle brand Miniso.

BNP Paribas Real Estate initial Q2 2022 data has revealed that improved hotel demand has driven average daily rates (ADR) and revenue per available room (RevPAR) to record highs as hoteliers increase their pricing to reflect rising occupancy levels and inflationary costs.

Redevco has acquired 11 Minerva Way in Glasgow on behalf of one of its investor clients. The seller, CBRE Investment Management, has already secured a planning consent for roughly 200 residential units. The 3.24-acre (1.3 ha) site includes a single 45,871 sq. ft (4,262 sqm) property with a ground and mezzanine floor let to Nu...

Icon Outlet at The O2, developed by AEG and Crosstree Real Estate Partners, has announced the signing of luxury homeware brand Murmur, marking the brand’s first ever London outlet store.

Pandox AB (publ) has entered into an agreement to acquire NH Brussels Louise in central Brussels, Belgium.

Get Living has launched 524 brand-new homes for rent at Portlands Place, East Village, the former Olympic Athletes’ village.

Tungsten Properties has signed a transformative joint venture funding agreement with BC Partners, which will provide access to leveraged capital to fund development opportunity acquisitions.

Home REIT has acquired 199 additional properties located across England for an aggregate purchase price of £85.1 million (including acquisition costs).

Aprirose has announced that the historic Selsdon Park Hotel in Croydon is to become the second location for Birch, the lifestyle hotel concept.

Panattoni has agreed a relocation deal with Marley, a supplier of pitched roof systems to the construction market, that involves Marley relocating to Panattoni Park Aylesford and Panattoni securing a prime site from Marley in Wrotham.