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Western Europe

Hines forward funds 500+ net zero homes in Newcastle

Hines has agreed to forward fund the development of a 519-unit residential scheme in Newcastle on behalf of its Hines European Property Partners (HEPP) fund in partnership with developer Olympian Homes.
Monday, 15. April 2024

Karis Capital bolsters residential mortgage offering

Karis Capital has completed the acquisition of an established regulated financial services business, which will strengthen its existing regulated mortgage offering. The purchase, which was completed in March 2024 for an undisclosed sum, will provide the company with enhanced FCA permissions, offering extra protection and secu...
Friday, 12. April 2024

Aedifica completes 10 projects

During the first quarter of 2024, ten projects from Aedifica’s investment programme were completed in Germany, the United Kingdom and Finland for a total amount of approx. €74 million.
Friday, 12. April 2024

UK hotel investment hits post-pandemic high

Approximately £1.7bn of UK real estate was transacted by hotel investors in the first quarter of 2024, according to new data from Cushman & Wakefield. This represented a surge in activity to the tune of 138% versus Q1 2023.
Friday, 12. April 2024

Swarovski returns to Merry Hill

Swarovski is returning to West Midlands flagship destination Merry Hill with a standalone boutique set to launch this spring. The new store, spanning 2150 sq ft between Goldsmiths and Beaverbrooks on the Upper Mall, will feature the retailer's latest shop fit. Swarovski adds to the destination's strong line-up of watch and je...
Thursday, 11. April 2024

Clarion acquires logistics property in Venlo from Patrizia

Clarion Partners Europe has completed the acquisition, on behalf of one of its co-mingled funds, of a 41,304 sqm Grade-A logistics property in Venlo, The Netherlands, for €47.4 million, from Patrizia SE. It takes Clarion Partners Europe's total deployment in The Netherlands to €222 million in 2024, in what continues to be one...
Thursday, 11. April 2024

IINO Kaiun Kaisha acquires 111 Strand from ESAS

IINO Kaiun Kaisha purchased 111 Strand in London from ESAS Holdings. The building comprises 37,781 sq ft of Grade A office and retail accommodation, arranged over lower ground, ground and six upper floors. The building occupies a prominent corner site with a 100 ft frontage on to the Strand and benefits from close proximity t...
Thursday, 11. April 2024

Mott Macdonald expands space in London

Addington Capital has signed a further deal with Mott Macdonald, existing tenants at 10 Fleet Place in London, whereby Mott Macdonald commits to a further 20,000 sq. ft on the fourth floor of the building.
Thursday, 11. April 2024

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