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NCC has been commissioned by the municipal company FællesBo to refurbish 210 apartments in the Mindeparken residential area in Herning. The project is a turnkey contract, and the order value is approximately SEK 350 million.
Following its successful and award-winning first projects in London, J&T Real Estate (JTRE) is strengthening its strategic position as an international developer. The first project of JTRE's newly established German branch will be Nordhafen Living & Office in an attractive central location in Berlin.
AEW has been granted planning permission to transform the former Debenhams department store in Bristol into a mixed-use residential development with more than 500 new homes for rent, including 100 affordable homes.
K-Fast Holding AB has signed an agreement with an institutional investor for the sale of a property portfolio of 311 apartments in the Copenhagen area.
Adler Group S.A. closed the financial year 2023 with a loss from operating activities of €1.464 bn (previous year: €1.272bn), partly due to write-downs. This was announced by Adler today. In addition, there was a negative financial result of €497m.
Skanska has signed a contract with Central Group to build a residential complex in Prague. The contract is worth CZK 1.3 billion, about SEK 600m, which will be included in the order bookings for Europe for the second quarter of 2024.
RQI Immobilien AG has acquired its first property complex for its „redevelop-to-core“ strategy with a total investment cost of €6 million. These are two residential buildings in the Westend district of Wiesbaden. The vendor is the subsidiary of a German insurance company. The adjoining four-storey properties with 22 residenti...
Marstead Living has successfully obtained mortgage finance from Federated Hermes Private Credit. This funding, has enabled the purchase of an 18-acre site in Mill Hill, located in the Borough of Barnet, London. The project, named Marstead Mill, is set to be a pioneering retirement village valued at over £260 million.
TAG's decarbonisation strategy progresses with targeted investments in the German portfolio. The CO2 intensity in the German portfolio was further reduced through investments in building and heating refurbishment – around 62% of the portfolio is energy efficiency class C or better.
The Grounds Real Estate Development AG has sold all the residential units in its re-densification project on Margaretenstrasse in Berlin-Lichtenberg. A total of 27 new owner-occupied apartments will be created on the plot in Weitlingkiez, which the company acquired in summer 2022. Construction work is scheduled for completion...
Allsop has raised £43 million through the sale of 146 lots at its April residential auction, representing a success rate of 90%, as the firm sees appetite for income-producing and value-add opportunities demonstrate growing confidence in the property market.
The jury has now selected the winner of the Leppävaara idea competition organised by the City of Espoo. The winning entry is Walk Around by the construction company YIT, architecture company Arco, and engineering and consultancy company Ramboll.
The Scottish National Investment Bank has committed a further £20 million to the Mid-Market Rent („MMR“) strategy managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The Bank's follow-on investment will support the development of up to 100 new homes and takes its total investment in the...
CDC Investissement Immobilier secures a stake in the Covivio portfolio in the centre of Berlin. The French company is buying a 49% stake (39% from Covivio Immobilien, a 61.7% subsidiary of Covivio, and 10% from Covivio) in the portfolio on behalf of Caisse des Dépôts. Closing expected in second quarter 2024.
Salboy Group, in partnership with construction firm Domis, has announced the launch of a new residential development in Manchester's Greengate district. The c. £84.5m project, named Obsidian, features a 26-storey tower which will house 250 residential units.
Sirius Capital Partners has acquired a portfolio of four residential buildings comprising 251 apartments and approx. 10,000 sqm from eQ's residential fund, Oivat Kaupunkikodit Ky.
Nido Living has launched its first scheme in Valencia with 253 beds. Nido Malvarrosa is the company's third project overall in Spain following PBSA assets in Seville and Madrid. Valencia represents the company's first 'flex living' accommodation in the country and it is aimed especially at university students, amongst other r...