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» Chronological View: " Residential " «

Skanska sells residential project in Copenhagen

Skanska sells residential project in Copenhagen

Skanska has sold the residential project Ö-huset in Copenhagen to Heimstaden Danmark A/S for €118.3m (DKK 880m). The divestment will be recorded by Skanska Commercial Development Nordic in the second quarter of 2017. The transfer is scheduled for April 2018.
Friday, 28. April 2017

Minerva Palveluasunnot II sells four properties holdings in Helsinki

Minerva Palveluasunnot II Ky, managed by Minerva-yhtiöt, has sold a portfolio consisting of four supported living properties to Nordea Life Assurance Finland Ltd. Catella acted as the seller’s advisor. The properties are located in Greater Helsinki area and consist of in total more than 12,000 square metres. All four properti...
Friday, 28. April 2017

Fabege and SHH build 225 homes in Kista

Fabege and SHH have signed a contract on jointly developing around 225 tenant-owner apartments on Kista Gårdsväg in Kista, north of Stockholm. Last autumn, Fabege gained entry to the property Selfoss 1 under the land option previously acquired from the City of Stockholm. SHH has now acquired 50% of the development company and...
Wednesday, 26. April 2017

Royal Bank of Scotland supports new development by Marldon

Marldon has received a €14m (£12m) funding boost from Royal Bank of Scotland to progress a new mixed-use development at Prescot Street in London. The family business, founded in 1968, plans to develop 57 serviced flats, comprising 21 studios, 27 large studios and nine one-bedroom apartments. Marldon will also build 8,847 sq. ...
Wednesday, 26. April 2017
Moorfield and Glenbrook will develop a 270 unit scheme at Erie Basin

Moorfield and Glenbrook will develop a 270 unit scheme at Erie Basin

Moofield has completed the acquisition of the €59m (£50m) Manchester MediaCityUk Build to rent scheme. Work on the last undeveloped site overlooking Erie Basin in Salford Quays is set to start following the partners’ acquisition of the site from Peel and the granting of planning permission. The Build to Rent (BTR) development...
Monday, 24. April 2017

Peab builds apartments in Limhamn's Sjöstad in Malmö

Peab has been commissioned to build 99 condominium apartments and an underground garage in Limhamn in Malmö. The customer is HSB Projekt in Malmö and the contract is worth €19 million (SEK 183 million). The three buildings are right next to the pier Glasbrukskajen, which gives many of the apartments a fantastic view of the oc...
Friday, 21. April 2017

London's West End divides in two

Aston Chase reveal that since the start of January 2017 there has been a 75% increase in enquiries and a 50% increase in sales across London's 'Upper West End' from a combination of Dollar based purchasers and UK domestic purchasers, all buying for owner occupation. In the last three years London's ultra prime West End region...
Friday, 21. April 2017
Jestico + Whiles design residential development in Prague

Jestico + Whiles design residential development in Prague

Jestico + Whiles has been appointed to design Sakura, a residential building situated atop one of Prague’s hilltop locations and is expected to start on site later this spring. The scheme for T.E Development Group in Prague will provide its home owners with views of the city from a total of 64 units and three roof villas. A c...
Thursday, 20. April 2017

Investec provides Ballymore Group with €21.5 million investment financing

Investec Structured Property Finance has agreed to provide an €21.5 million (£18 million) loan to Ballymore Group. The loan will be used inter alia to enhance existing income at two light industrial sites in Silvertown, in the East London Borough of Newham, whilst Ballymore seeks to secure residential-led planning consent at ...
Thursday, 20. April 2017

AXA acquires Zeisehof in Hamburg on behalf of CNP Assurances

AXA Investment Managers - Real Assets has completed, on behalf of CNP Assurances, the acquisition of Zeisehof, a new office building in Hamburg, from a joint venture between Procom and Quantum. The acquisition further adds to AXA IM - Real Assets' property portfolio in Hamburg, totalling 78,235 sqm, across the office and resi...
Tuesday, 18. April 2017

Icade Santé acquires two clinics

Icade Santé (56.5% owned by Icade) acquired two clinics on April 12 and 13, 2017, respectively: the Ormeau MSO polyclinic in Tarbes (Hautes-Pyrénées) from the Médipôle Partenaires group, for a total of €43 million (including duties), following the preliminary agreement signed at the end of 2016. This polyclinic has two sites:...
Tuesday, 18. April 2017
Crosslane Student Developments secures planning consent for a development in Coventry

Crosslane Student Developments secures planning consent for a development in Coventry

Crosslane Student Developments has secured planning consent to deliver a 583 bed purpose-built student accommodation development on Friar's Road in Coventry. This follows Crosslane's securing of conditional planning consent to deliver a new 117 bed purpose-built student accommodation development in Leeds last week . Completio...
Tuesday, 18. April 2017

Amazon Property report over €59 million worth of sales

Amazon Property confirm that in the first eight weeks of 2017 the company has sold over €59 million (£50 million) worth of ultra prime residential property in The Park Crescent development and wider West End portfolio to a combination of UK domestic purchasers looking to buy now, and some Dollar based overseas buyers.
Tuesday, 18. April 2017

Investec provides €56 million development finance for student accommodation scheme

Investec Structured Property Finance has agreed to provide a 24 month, €56 million (£47.6 million) financing facility to Curlew Student Trust for the development of a 527-bed Grade-A scheme in Walthamstow.
Thursday, 13. April 2017

Residential property portfolio market makes stronger start to 2017 compared with 2016

According to a study by NAI apollo real estate – a partner of the NAI apollo group – the market for residential portfolio transactions in Germany made a better start to 2017 compared with 2016, with sales reaching around €3.7 billion (Q1 2016: €2.2 billion). “Thus the transaction volume was 70 % above the previous year’s leve...
Thursday, 13. April 2017
Peab builds 91 apartments in Uppsala

Peab builds 91 apartments in Uppsala

Peab has been commissioned to build 91 new apartments in the residential area Rosendal in Uppsala. The customer is Rosendal Fastigheter and the contract is worth €22.7 million (SEK 217 million). The contract is for the construction of an apartment building of 91 condominiums with two to five rooms and a kitchen. The building ...
Thursday, 13. April 2017
CBRE recruits Tony Haran as Director of Development and Residential capital market

CBRE recruits Tony Haran as Director of Development and Residential capital market

Tony Haran has joined CBRE as a director in the property consultancy’s development and residential capital markets team, based in Birmingham. Haran has worked in property for more than 15 years and moves from Knight Frank, where he was responsible for build to rent (PRS) and standing stock residential investment outside Londo...
Wednesday, 12. April 2017

Urban&Civic continues investment in strategic sites around Cambridge

Urban&Civic has acquired a one third partnership stake in a 400 acre (162.3 hectares) site at Wintringham Park, St. Neots, Cambridgeshire, from two Nuffield charitable trusts. The total land area is allocated but not yet consented for the development of up to 2,800 residential units, 63,500 sqm of employment space, a distric...
Wednesday, 12. April 2017