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Western Europe

Winchburgh bags major Sainsbury’s development

Shoppers around Winchburgh are set to benefit from a new Sainsbury’s. Located in the new centre of Winchburgh, one of Scotland’s biggest community development projects, the 12,000 square-foot store is set to open by Spring 2024.
Monday, 26. September 2022

DHL breaks ground on new 25k m² Coventry hub

DHL announced the start of construction on its new £230m hub in Segro Park Coventry. The new facility will double DHL’s handling capacity and is expected to create over 600 new jobs for the area.
Monday, 26. September 2022

Aedifica invests £45.5 million in 3 care homes

Aedifica will invest approx. £45.5 million in the acquisition of a brand-new care home and the construction of two care homes in Whitby, Holt and Marston Moretaine.
Monday, 26. September 2022

SUPR acquires Tesco supermarket in Bristol

Supermarket Income REIT plc has acquired a Tesco supermarket, an Iceland Food Warehouse and complementary non-grocery units in Bradley Stoke, Bristol, for a total purchase price of £84.0 million (excluding acquisition costs), reflecting a net initial yield of 5.6%.
Monday, 26. September 2022

Annette Kröger to join Board of IPUT Real Estate

IPUT Real Estate (‘IPUT’) announces the appointment of Ms Annette Kröger as a non-executive Director with effect from 1 October 2022. Kröger is CEO Europe of Allianz Real Estate. With a 20 year career in real estate, she adds significant international industry expertise to the IPUT Board.
Monday, 26. September 2022

Commercial property giants form M Core

One of the largest, privately held commercial property portfolios in the UK has formed a new umbrella brand for its entire European portfolio, M Core.
Monday, 26. September 2022

Green light for The Hill Group to deliver first 317 new homes at Oxford North

The reserved matters application (RMA) at Oxford North’s Canalside for the project’s residential development partner, The Hill Group to deliver the first 317 new homes has been resolved to be approved by Oxford City Council’s planning committee at a meeting held on Thursday 22 September 2022.
Friday, 23. September 2022

Pandox acquires hotel in the UK for MGBP 40

Pandox has acquired and gained access to a hotel property including hotel operations in central Bath from Starwood Capital Group. The hotel has 176 rooms and will be operated under a new management agreement with Axiom Hospitality, subject to a franchise under the DoubleTree by Hilton brand. The total acquisition price amount...
Friday, 23. September 2022

TOG and FORA complete merger

Following approval from the Competition and Markets Authority (CMA), TOG and Fora to announce the completion of their merger, bringing together two highly complementary businesses with similar cultures and portfolios of high-quality, design-led workspaces.
Friday, 23. September 2022

Tristan Capital Partners’ acquires 999-bed PBSA in Liverpool

Tristan Capital Partners’ CCP 5 Fund along with its joint venture partner, Bricks Group, has acquired a 999-bed purpose-built student accommodation asset in the city of Liverpool from Aura Investors LLP for £110 million.
Thursday, 22. September 2022

Orchard Street completes two lettings at Mortimer Street

Orchard Street Investment Management has completed two lettings at its newly refurbished Mortimer Street office building in London’s Fitzrovia, leasing more than 13,000 sq ft of space across three floors which takes the scheme to full occupancy.
Thursday, 22. September 2022