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Western Europe

ULI and LaSalle launch framework for climate risk rating

A new global report from the Urban Land Institute and LaSalle Investment Management offers a new framework to help the real estate industry act on climate risk disclosure data. Across the real estate industry, practitioners understand physical climate risk to assets and portfolios poses a financial risk, but there are still m...
Thursday, 11. April 2024

Arrow acquires industrial asset in Dublin

Arrow Capital Partners has acquired an 88,000 sq ft logistics asset in Dublin for €7.5 million. The acquisition was made for Arrow‘s €3 billion SIRE (Strategic Industrial Real Estate) joint venture with Cerberus. The asset comprises two interconnecting units of 41,348 sq ft and 46,621 sq ft. Both units are let on a long-term ...
Thursday, 11. April 2024

Segro reaches full occupancy in its Park Rainham

Segro Park Rainham has reached full occupancy following the agreement of a new lease with Wolseley. The tenant has agreed to occupy 27,783 sq ft of urban warehouse space across two units at the development. The company will join a diverse range of occupiers including Transport for London and London Ambulance Service.
Thursday, 11. April 2024

Multi Corporation returns to UK by investing in Realm

Multi Corporation has bought a majority stake in UK specialist retail asset and property manager Realm. The acquisition signals the return of Multi Corporation to the United Kingdom where it had a significant presence between 2001 and 2021 having developed or managed major retail destinations across the country including the ...
Wednesday, 10. April 2024

Eversheds Sutherland extends lease at One Wood Street

Eversheds Sutherland has agreed to regear its lease on 15,650 sq m. of offices at „One Wood Street“, London EC2. The new lease will see it remain in occupation long term. The global law firm has been a tenant of the property since 2007. „One Wood Street“ is managed through a specialized institutional real estate fund of the K...
Wednesday, 10. April 2024

CREI disposes car showroom in Redhill

Custodian Property Income REIT completes the disposal of a vacant car showroom in Redhill for £2.35m, representing a 15% premium to the 31 December 2023 valuation, previously disclosed in the Company’s announcement of 28 February 2024.
Wednesday, 10. April 2024

Phicap expands presence in education sector

Phicap Group has acquired activities and commercial contracts of RPhi Management by its subsidiary Phicap Project. This strategic transaction further bolsters the expertise of Phicap Group in the education sector, demonstrating the group's one-stop-shop position in property management services as well as in the various catego...
Wednesday, 10. April 2024

Neinver reaches record-breaking monthly growth in 2023

Neinver recorded a strong operating performance in 2023, with total brand sales reaching €1.48 billion across its entire portfolio, an 11% y-o-y increase and record-breaking monthly growth. The centres operated by the company across six European countries welcomed a total of nearly 68 million visitors over the course of the y...
Tuesday, 9. April 2024

Realterm buys IOS facility in Dordrecht

Realterm announced today the acquisition of Pieter Hoebeeweg 99, an industrial outdoor storage (IOS) facility with 3,906 square meters of built area on a 32,220 square-meter site in Dordrecht, Netherlands. The property is fully leased to Sarens, a global leader in crane rental services, heavy lifting and engineered transport.
Tuesday, 9. April 2024

Landsec gets planning permission for £250m City office block

The City of London Corporation has approved plans from Landsec to transform Hill House, EC4 into a sustainable workspace and new rooftop restaurant. The news follows planning approval being granted at the end of 2023 for the redevelopment of 55 Old Broad Street, EC2. Combined, the developments will deliver over 660,000 sq ft ...
Tuesday, 9. April 2024

Greykite hires trio from Goldman Sachs

Greykite Investment Adviser has continued to expand its team with the appointments of three former Goldman Sachs professionals, Mike Bradford, Shelby Weiss and Nam Do.
Monday, 8. April 2024

Henley and Chartway agree deal to deliver 162 homes at Ebbsfleet Garden City

Henley Investment Management, in partnership with award-winning South-East development and partnership firm Chartway Partnerships Group, have secured two forward funding agreements to deliver 162 homes in Alkerden Village, Whitecliffe, Ebbsfleet, including a mix of purpose-built rental properties and affordable housing.
Monday, 8. April 2024