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Instone Real Estate has celebrated the topping-out of its Heeresbäckerei project in Leipzig. A total of 347 condominiums are planned for the roughly 36,500-square-metre historical site in the Gohlis district, of which 245 will be apartments in an old, refurbished building, and 102 will be new-build apartments. The residential...
The completion of one of Scotland’s most high-profile waterfront development sites has moved a step nearer following the submission of a major planning application to Glasgow City Council by Drum Property Group. Drum is working with Scottish Enterprise to develop a 7.5-acre site at Pacific Drive - which lies at the heart of G...
ADO Properties S.A. continues to expand in the first half year 2018, while also recording significant growth of its value in the same period. The company's income from rental activities rose in the first six months 2018 by 26.4% to €64.9 million (H1 2017: €51.4 million), driven by a solid 5.1% like-for-like rental growth and ...
The UK student accommodation market continues to perform well with £1.4bn (c. €1.5 bn) worth of stock transacted in the first seven months of 2018, despite a dip in overall acceptances for places at university for 2018/19, according to Cushman & Wakefield. On average, there are currently two students for every purpose-built s...
A development of 379 apartments in Birmingham’s Southside district has been given the go-ahead by the planning committee at Birmingham City Council. The Timber Yard, a joint venture between Galliard Homes and Apsley House Capital, was recommended for approval by planning officers at the Council. Construction is expected to s...
Deutsche Wohnen has signed agreements to acquire 30 nursing properties with around 4,700 care placesm for €680m. Nearly 90% of the acquired properties are located in metropolitan areas. 13 facilities are located in Hamburg and was acquired from US-investor Oaktree. To manage the Hamburg facilities, the company initially took ...
Capital Bay (CapitalBay) is expanding its business activities to include the “micro-living” sector. For this purpose, CapitalBay is establishing its own platform for micro living as of 1 September 2018 under the name CB Micro Living GmbH. In order to get off to the best possible start, CapitalBay has acquired the expertise of...
Octopus Property has agreed to provide four commercial loans, totalling £35.2 million, to borrowers in Birmingham, Derby, Manchester and Edinburgh, as it continues to grow its loan book exposure outside of London and the South East. The four transactions are:
Plans have been approved for a quality residential development on the site of the former Grove House care home in Penley’s Grove Street, York. Easingwold-based developers Caedmon Homes had submitted proposals for 29 apartments, with prices ranging from £120,000 (c. €134.700) to £450,000 (c. €505.200). The one, two and three-b...
SSM Holding AB’s The Tube project in in Ursvik (Sundbyberg) and Turbinhallen project in Järla Sjö both are now sold out. Tenants of The Tube project, which comprises 50 cooperative apartments, gained access to their new homes and moved in during the first half year 2018. SSM’s Turbinhallen project, which is made up of 205 coo...
Carter Jonas has secured planning permission from the London Borough of Hounslow for 23 additional apartments at 71 St Johns Road in Isleworth on behalf of FRT Developments Ltd. 71 St Johns Road is an office to residential conversion that will deliver a total of 51 new homes, a private communal garden to the rear of the prope...
To support its planned USD500 million (c. €439 million) investment in the European housing market, CA Ventures has appointed Carlo Matta, who will head the new London-based European division of CA Ventures, and Olaf Henschen, who will serve as managing director for developments in the Netherlands.
Get Living has announced a major recapitalisation ahead of its next ambitious growth phase. As part of this transaction, Delancey advised client fund DV4 Ltd and Oxford Properties have formed Delancey Oxford Residential (DOOR), a new co-investment platform with initial capital commitments of c. £600m (c. €673m). DOOR will tak...
Carter Jonas has sold a significant residential development opportunity on behalf of a consortium of private landowners to Abbey New Homes for in excess of the £12 million (c. €13.44 million) asking price. The 15.49 acre (6.27 hectare) former agricultural site on the northern edge of Stoke Mandeville in Buckinghamshire has ou...
The Mizen Group in association with St Mark Homes have just undertaken the topping out ceremony of the Mizen Tower at the 14 storey building at 56-66 Gwynne Road, Battersea, London SW11 they are currently developing. The building will comprise 34 one, two and three bedroom residential units above basement, ground and mezzanin...
Henderson Park and Hines have completed the acquisition of a site to develop a 750-bed student housing project in Barcelona. This is Henderson Park and Hines’ second student accommodation investment together following an earlier project in Lancaster, UK, and forms part of their joint venture to pursue value-added opportunitie...
Drum Property Group has submitted plans for a £50 million (c. €56 million)proposal to transform 2.9-acre Stead’s Place site, a section of Leith Walk, into a “vibrant” new mixed-use scheme. The plan includes residential housing, student accommodation and hotel, restaurant, café and retail units. The site has been earmarked for...
Instone Real Estate has acquired a site measuring close to 9,400 square metres in a central location in Leipzig, a purchase that will help it to continue on its planned growth trajectory. The listed residential development company intends to develop up to 210 owner-occupied flats on the site. It is expected that this will gen...
