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Residential

Skanska builds apartments in Helsinki for €50m

Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki. The contract is worth €50m, about SEK 560m, which will be included in the Nordic order bookings for the first quarter of 2023.
Friday, 24. March 2023

Pegasus acquires site in Camberley to deliver 61 new contemporary apartments

Later-living developer Pegasus has acquired a 1-acre parcel of land in Camberley, Surrey, where it will deliver 61 new apartments exclusively for the over 65s. Situated in Camberley town centre the scheme further expands the developer’s presence in the South of England, where it currently has 20 live developments.
Friday, 24. March 2023

McLaren gets go-ahead for Manchester student accommodation scheme

Manchester City Council granted a resolution to approve a full planning permission to national developer McLaren Property, for the £70m redevelopment and restoration of St Gabriel’s Chapel and Lodge into new high-quality student accommodation, located in Victoria Park Conservation Area, Rusholme, Manchester.
Wednesday, 22. March 2023

Catella Wohnen Europa fund buys residential complex in Berlin

Catella Wohnen Europa (CWE), the German public open-ended real estate fund, has acquired 67 affordable apartments, extending over almost 6,000 sqm, in eight energy-efficient wood-hybrid buildings in Pankow, Berlin’s most populous district located in the northeast of the city. The Falkenquartier development properties were pur...
Wednesday, 22. March 2023

S Immo sells Berlin real estate package to family office

S Immo yesterday sold further parts of its German residential portfolio. 41 Berlin properties with around 1,300 residential and commercial units and a rental area of over 100,000 sqm are going to a family office. The off-market deal is expected to be completed by the end of March.
Wednesday, 22. March 2023

Amicala and Socius get planning consent for Members Hill

Amicala and Socius have obtained planning consent from Elmbridge Borough Council for a new Integrated Retirement Community at Members Hill in Weybridge, Surrey. Work in expected to start on-site at Members Hill in Autumn 2023.
Thursday, 16. March 2023

Neinor begins construction of 132 homes in Estepona

Neinor Homes has announced the start of construction work on its new project, Ática Homes, in Estepona, Malaga. The residential complex, consisting of 132 homes across seven blocks with large communal areas, represents an investment of approximately 30 million euros. The project will generate direct employment for 200 people.
Thursday, 16. March 2023

Care Property signs agreement for care residence in Ruurlo

Today, Care Property Invest signed the agreement under suspensory conditions for the project 'Saamborgh Ruurlo', a residential care residence under construction in the Gelderland municipality of Ruurlo (Berkelland). The sustainable healthcare complex has an investment value of approximately €5.3 million and will accommodate 2...
Wednesday, 15. March 2023

Investors looking to significantly increase allocation into European living sectors

According to a survey conducted by Savills Investment Management and real estate advisor Savills involving real estate investors with total assets under management (AuM) exceeding €1trn+, almost half (42.6%) are predicting the proportion of their AuMs allocated to the European living sector to increase significantly by 2025. ...
Wednesday, 15. March 2023

Healthy outlook for UK care markets in 2023

Investors capitalise on the persistent demand for quality healthcare property underpinned by the fundamentals of the elderly care market, according to the latest UK Healthcare Market Overview 2023 from Knight Frank
Wednesday, 15. March 2023