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Residential

Primonial REIM founds Spanish subsidiary

As part of its international expansion, the investment manager has founded a subsidiary in Spain. Primonial REIM Spain is headed by Felipe Pérez Agustín. He has been working for the company as Asset Manager for Spain and Portugal since mid-2023.
Thursday, 29. February 2024

Honey plans 54 home development in Rotherham

Housebuilder Honey has submitted plans to deliver a £15.5m, 54 new home development in Waverley, Rotherham. Called Homes by honey at Waverley, the proposed development will be located on the former Orgreave Colliery & Coking site off Rivelin Way.
Wednesday, 28. February 2024

Savills expects shifts for Dutch residential real estate in 2024

Savills has published a new report on the Dutch ‘Beds’ sector, providing a comprehensive analysis of the factors influencing the Dutch real estate market, focusing on the private rental market, investment strategies, and the Purpose-Built Student Accommodation (PBSA) and Co-Living sectors.
Wednesday, 28. February 2024

CBRE IM acquires rental properties in Ballerup

CBRE Investment Management, on behalf of a fund sponsored by the firm, has acquired a portfolio of two multi-family properties in Ballerup, Greater Copenhagen. The portfolio comprises 16,974 sq m of high-quality residential space made up of 222 affordable rental units for middle-income households, as well as 77 garage spaces.
Wednesday, 28. February 2024

Greystar buys 758-home scheme in Berlin from Bauwens

Greystar Real Estate Partners has agreed to forward purchase the Greenpark residential project in Berlin-Neukölln for its develop to core venture in Germany and Austria. Greenpark comprises 758 studios, one and two-bedroom apartments with 1,452 sqm (15,629 sq ft) of indoor amenity space that will house a fitness suite, yoga s...
Tuesday, 27. February 2024

BTR sector must embrace affordability to sustain continued growth

The UK’s burgeoning Build to Rent (BTR) sector must embrace mid-market and regional needs if it aspires to be part of the solution to the ongoing housing crisis. In its latest Build to Rent Report, property consultancy Lambert Smith Hampton (LSH) suggests that the next phase of BTR growth will depend on its ability to provide...
Friday, 23. February 2024

SHD starts construction works for Rezidence Klíčov in Prague's Vysočany

Rezidence Klíčov, a current major SHD Real Estate residential project in Prague, is moving into the construction phase. At the same time, the developer is opening sales for this hotly anticipated residential community in Vysočany, Prague 9, expected to be completed next year.
Thursday, 22. February 2024

Railpen names main contractors for Cambridge developments

Railpen has named Skanska UK and Morgan Sindall Construction as main contractors for the first two of its major developments in Cambridge, Botanic Place, a 540,000 sq ft sustainable office scheme, and Devonshire Gardens, a 120,000 sq ft mixed-use development. Both projects are being developed by Socius on behalf of Railpen.
Thursday, 22. February 2024

McLaren and Aventicum secure planning consent in Birmingham

Birmingham City Council has granted a resolution to approve a full planning permission to McLaren Property and Aventicum Real Estate for the development of Queen's Hospital Close, Birmingham. The plans will bring forward two sensitively restored Listed buildings, alongside purpose-built student accommodation („PBSA“) and buil...
Thursday, 22. February 2024

KGAL acquires fully let residential portfolio in Dublin

KGAL Core 5 Life has acquired a portfolio in Lucan, County Dublin, consisting of three residential buildings with 104 units. The properties, which were built between 2020 and 2022, have a total lettable area of 8,882 square metres. The attractive purchase price multiplier of the off-market deal appropriately reflects the curr...
Thursday, 22. February 2024

Skanska builds multi-family houses in Gothenburg

Skanska has signed an agreement with Elof Hansson Fastigheter and Riksbyggen to build a new residential block and commercial premises at Masthuggskajen in Gothenburg. The contract is worth about SEK 340M, which will be included in the order bookings for Sweden in the first quarter of 2024.
Wednesday, 21. February 2024

Barings acquires Swedish residential development project

Barings has acquired a 264-home development opportunity in Stockholm from Innovation Properties on behalf of a private insurance client. The parties agreed not to disclose the purchase price. The development in central Skogås, in the Stockholm suburb of Huddinge, is made up of four buildings containing 264 apartments. Constru...
Wednesday, 21. February 2024