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» Chronological View: " Western Europe " «

Inspired Homes launches Foundry Luton

Developers Inspired Homes and Equinox Living have launched Foundry, 59 one and two-bedroom micro-apartments and seven larger penthouses in the heart of Luton.
Thursday, 13. September 2018

French investment market celebrates successful H1

Investment into France continues to go from strength-to-strength, with volumes up 27 per cent y-o-y, according to a recent report from Savills France. The report details that more than €12.5m was invested into commercial real estate in H1, and states that Ile-de-France is the main driver of this trend. The French capital, Pa...
Thursday, 13. September 2018

LXi REIT sells Carlisle manufacturing facility for £12.2m

LXi REIT had sold a manufacturing facility in Carlisle let on a long lease to SIG (Trading) Limited to a UK pension fund for £12.2m (c. €13.6m). The company said it had also acquired two industrial assets in Sunderland and Teesside for a combined £11.6m (c. €13m).
Thursday, 13. September 2018

Legal & General leisure fund acquires Broadway Plaza for £47m

LGIM Real Assets (Legal & General) announces that it has acquired Broadway Plaza in Birmingham, on behalf of its Leisure Fund, from Aviva Investors, for £46.95 million (c. €52.6 million), growing the fund to over £600 million (c. €673 million).
Thursday, 13. September 2018

Two new lettings at historic Park Valley House in Huddersfield

Two new lettings have been concluded at Park Valley House, the historic 19th century mill office at the heart of Park Valley Business Park in Lockwood, Huddersfield. The 6,000 sq ft heritage building, which has been imaginatively converted to high-quality office accommodation, is now almost full.
Thursday, 13. September 2018

Avignon and Cedrus acquire creative campus building in Amsterdam for €24.4m

Avignon Capital and Cedrus Invest Bank have acquired a newly-developed creative office building in Amsterdam for €24.4m. This deal marks Avignon Capital’s fourth acquisition in the Netherlands, following the purchase of the NH Hotel, Hyatt Place Hotel and Organisation for the Prohibition of Chemical Weapons (OPCW) in 2017.
Thursday, 13. September 2018

Radisson Blu opens in Bruges

Radisson Blu to announce its latest hotel opening in the historic city of Bruges, called the Venice of the North. This stunning 109-room hotel is located in a UNESCO World Heritage City, within walking distance of the Grand Place, the medieval city center (De Markt) that dates back to the 12th century.
Thursday, 13. September 2018

Segro buys Roxhill Development's management platform

Segro has agreed to acquire the management platform of Roxhill Management Rugby Limited (‘RMRL’). In 2016, the UK REIT and Roxhill Development Group entered a partnership that gave Segro phased access, through option agreements, to a portfolio of big box warehouse development sites in the Midlands and South-East regions of th...
Thursday, 13. September 2018

The Multifamily Housing REIT plotting £175m London IPO

The Multifamily Housing REIT has this morning announced its intention to float on the LSE – looking to raise £175m (c. €196.5m) through an initial public offering. Nick Jopling, previously of Grainger, will be Chairman.
Wednesday, 12. September 2018

Susie McCabe appointed Deputy CEO at McArthurGlen Group

McArthurGlen Group has appointed Susie McCabe as Deputy Chief Executive Officer. McCabe joins McArthurGlen from Under Armour where she was Senior Vice President of Global Retail for the past four years, creating and implementing all aspects of the group’s worldwide retail strategy. Prior to that, she spent 16 years with Ralp...
Wednesday, 12. September 2018

Three divisions of Carter Towler revitalises Kirkgate

Three divisions of Carter Towler have been integral to breathing new life into 90 Kirkgate, a three storey 18th century property in the heart of the city’s Townscape Heritage Initiative. The dilapidated building, close to the Grade II listed White Cloth Hall, has practically been rebuilt and is now back in use with a retail u...
Wednesday, 12. September 2018

Cycas secures first hotel management contract in mainland Europe

Cycas Hospitality is continuing its European expansion programme by signing its second deal in the country. The company’s first hotel management agreement outside the UK is another step forward in Cycas’s ambition to manage up to 3,000 guest rooms across France by 2022. As the hotel management company’s first stand-alone sele...
Wednesday, 12. September 2018

Edinburgh residential scheme secures £20m Octopus Property development loan

Octopus Property has agreed to provide MCR Property Group, the established real estate investment and development company, with a £20m (c. €22.5m) development loan, to convert a former office building in a prime Edinburgh location into 163 apartments. It continues Octopus Property’s regional expansion and follows the July pro...
Wednesday, 12. September 2018

F&C Commercial Property Trust's long-term outperformance remains on track

F&C Commercial Property Trust's long-term outperformance remains on track, according to the results for the first six months of 2018 presented by the company. According to the company's report, share price total return is at 13.2 per cent and net asset value (NAV) total return stands at 3.6 per cent. Maintained annualised div...
Wednesday, 12. September 2018

McAvoy to build Clanmil Housing Association offsite scheme

The McAvoy Group has been awarded its first contract in the residential sector following the announcement of its expansion into offsite housing. The £4.7m (c. €5.3m) contract for Clanmil Housing Association will be the first offsite housing scheme to be built in Northern Ireland. The use of the McAvoy offsite housing solution...
Wednesday, 12. September 2018

M&G RE secures four new tenants at the De Hoef business park

M&G Real Estate has secured four new tenants to its 15,000 sq m Amersfoort Data Club Offices at the De Hoef business park in the province of Utrecht. The agreements have been made on behalf of the M&G European Property fund, managed by David Jackson and Simon Ellis. Valmet Automation B.V., PASCAD Beheer B.V., Aareon Nederland...
Wednesday, 12. September 2018

Carter Jonas secures planning for student accommodation development in Epsom

Carter Jonas has secured planning permission on behalf of private residential developer Willco Properties Ltd from Epsom and Ewell Borough Council for a new student accommodation development in Surrey. Willco Properties Ltd has an ongoing relationship with the University of the Creative Arts (UCA) to provide high quality stud...
Wednesday, 12. September 2018