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Western Europe

Avant Homes secured mixed-use development site in the North West

Avant Homes has secured its first mixed-use development site in the North West after exchanging contracts on 20-acres of land in Great Eccleston. Subject to planning, Avant Homes will build 115 of its practically designed, energy efficient homes which will have a gross development value of £32m.
Tuesday, 13. February 2024

Hotels Properties buys newly developed Wellington Hotel

Hotels Properties has acquired the newly developed Wellington Hotel in Dublin’s Temple Bar for €10 million – a massive price drop from the €18million price tag it first went to market with.
Tuesday, 13. February 2024

Palmira acquires assets worth €200 million in 2023

Palmira acquired assets for a total of €200 million as part of its acquisition strategy in 2023. These included, for example, the Ikaruspark in Puchheim and the Science Park in Trier. The letting result of 215,000 m² is also impressive.
Tuesday, 13. February 2024

Deka Immobilien checks in to London hotel for €62m

Deka Immobilien has acquired the Ruby Zoe hotel in London's Notting Hill Gate from Frogmore for about €62 million. It will be added to the portfolio of the open-ended real estate fund Deka‑ImmobilienMetropolen (DIM).
Monday, 12. February 2024

Warehouse REIT completes two disposals totalling £13.4m

Warehouse REIT announces the disposal of two assets in separate transactions for a total consideration of £13.4 million. The combined price is 3.7% ahead of the September 2023 book value and reflects an average net initial yield of 5.3%.
Monday, 12. February 2024

Engino toy shop set to open in Castle Quarter in Norwich

Engino, an educational STEM building system toy, has made its UK debut with a new education and entertainment concept at Castle Quarter in Norwich. The toy brand has taken a 4,405 sq ft across units 54 and 55 on a new ten-year lease.
Friday, 9. February 2024

Stoneweg InfraSport acquires Birmingham wave park site

Stoneweg InfraSport, the recently launched partnership between Stoneweg and Teras Capital has acquired the former Emerge Surf development site in Coleshill, Birmingham, from IM Properties, where it intends to deliver the UK’s largest wave park. The c. €58.5m commitment represents Stoneweg’s first investment in the UK.
Friday, 9. February 2024

ARA Europe leases to ID Logistics in Amiens

ARA Europe has signed a lease agreement for 86,000 m² on its flagship logistics development in Amiens St Sauveur. The tenant is ID Logistics, which has signed a long-term lease as part of a service contract for an e-commerce platform.
Friday, 9. February 2024

Aareal Bank finances hotel portfolio for Starwood Capital

Aareal Bank finances the majority of the Edwardian hotel portfolio in London acquired by a controlled affiliate of Starwood Capital Group . The portfolio comprises a unique collection of ten hotels with 2,053 rooms, all strategically located in London and operated under the Radisson Blu brand.
Friday, 9. February 2024

Centrick boosts growth strategy with director appointment

Property specialist Centrick has appointed Charles Lucas as group business development director to help drive the company's ambitious national growth strategy. Charles, who has 37 years' experience in the property sector, has worked on some of the UK's largest new build developments and managed schemes with high profile clien...
Thursday, 8. February 2024

Iconic Disneyland Paris hotel re-opens after two year renovation

The multiyear transformation has been finished. Last weekend, a host of celebrities came to Disneyland Paris to celebrate the reopening of the Disneyland Hotel. These included actors Nicola Coughlan, Virginie Efira, Lucas Bravo and designer Christian Louboutin.
Thursday, 8. February 2024

Changing business climate impacting the Dutch real estate market

In its quarterly ‘Market in Minutes – The Netherlands’ report, Savills states that the Dutch real estate market faced headwinds in 2023 due to a challenging business climate, leading to both investors and occupiers taking a cautious approach.
Thursday, 8. February 2024

McLaren Living picked for £250m Reading's Minster Quarter

The regeneration of the Minster Quarter has reached a major milestone with the announcement of the Council’s development partner to transform the key Reading town centre site. Following a detailed procurement process, Reading Borough Council has selected McLaren Living to drive forward and deliver the exciting new £250 millio...
Thursday, 8. February 2024

Eurofund appoints Mónica Chao as senior ESG advisor

The Eurofund Group appoints Mónica Chao as ESG Senior Advisor to strengthen the company’s sustainability framework and initiatives. She leads the implementation of Eurofund Group’s ESG Strategy, at both ‘group’ and individual asset levels, supporting strong financial performance, long-term value creation, and positive societa...
Thursday, 8. February 2024

Bouwinvest appoints Annemarie Maarse as Head of Asset Management

Bouwinvest has appointed Annemarie Maarse as Head of Asset Management, effective 1 June 2024. In this new role, she will be responsible for the overall asset management of Bouwinvest's Dutch real estate investment portfolios. Maarse is a seasoned real estate professional with extensive asset management experience at Achmea Re...
Thursday, 8. February 2024