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» Chronological View: " Residential " «

Peab builds apartments in Munkebäck

Peab has been commissioned to build 200 new apartments in the city district of Munkebäck in Gothenburg. The customer is Tornet and the contract is worth €39.3 million (SEK 374 million). Together with Tornet Peab will build 200 apartments for rent. The bottom floor will contain more than 1,500 m² in space for different facilit...
Thursday, 16. March 2017

Peab builds a new city block in Munkebäck

Peab has been commissioned to build 146 apartments in the city district of Munkebäck in Gothenburg. The customer is Riksbyggen and the contract is worth €29.54 million (SEK 281 million). Together with Riksbyggen Peab will build two tenant owned associations with a total of 146 apartments, of which 67 will be senior homes for ...
Wednesday, 15. March 2017
Naismiths appointed to deliver €31.9 million Croydon development

Naismiths appointed to deliver €31.9 million Croydon development

The transformation of an old office building in south London into a €31.9 million (£28 million) GDV development of high quality apartments is underway and progressing well, according to national commercial property and construction consultancy Naismiths. Nasimiths has been appointed by micro-apartment specialist Inspired Home...
Tuesday, 14. March 2017

SRV continues development of Lapinmäentie project in Munkkivuori in Helsinki

SRV took an important step forward in developing a Lapinmäentie project located in Munkkivuori, Helsinki by purchasing a parcel of land at the property located at the address Lapinmäentie 1 from Pohj Landlord. In connection with the deal, SRV will lease from OP Tonttirahasto Ky on a long-term lease agreement parcels acquired ...
Monday, 13. March 2017
Stoford appointed to develop Typhoo Wharf

Stoford appointed to develop Typhoo Wharf

Stoford Developments has been appointed to deliver the €228.5 million (£200 million) redevelopment of a key property portfolio around Typhoo Wharf in Birmingham city centre. The Gooch Estate, owners of more than 10 acres of land in Digbeth, has selected Birmingham-based Stoford as development partner. The Digbeth portfolio in...
Monday, 13. March 2017

NCC divests land in Copenhagen for €9.92 million

NCC divested land in Copenhagen to a private investor for a purchase price of approximately €9.92 Million (SEK 95 Million). The company has owned a large area of land on Teglholmen in southern Copenhagen since 1993, which has gradually been developed with offices and housing. NCC has now sold the remaining 9,400 square meters...
Friday, 10. March 2017

Student housing on the rise in Europe

The new Catella Market Tracker, Student Housing in Europe 2017, shows that almost no other market is currently attracting as much investor attention as student housing. However, the differences across Europe are still quite large, which creates exceptional opportunities in this relatively young asset class. 
Friday, 10. March 2017
Patrizia acquires 15,000 sq m residential development in Copenhagen

Patrizia acquires 15,000 sq m residential development in Copenhagen

Patrizia Immobilien AG announces the acquisition of a 15,000 sq m residential development project on the Teglholmen peninsula in the Sydhavnen district of Copenhagen. “The Copenhagen housing market remains an attractive investment opportunity driven by economic growth, low inflation and historically low mortgage rates as well...
Friday, 10. March 2017

Deutsche Wohnen acquires real estate portfolio with almost 4,200 units in Berlin

Deutsche Wohnen entered into an agreement for the acquisition of a real estate portfolio comprising almost 4,200 units located in Berlin, thereof approximately 3,900 residential and 270 commercial units. The real estate portfolio in central Berlin locations mainly consists of high quality „pre-war“ buildings, constructed at ...
Tuesday, 7. March 2017

Green light for next phase of new homes at Wellesley

On 1 March 2017, Rushmoor Borough Council’s Development Management Committee voted in favour of the next phase of housing at Wellesley, a new neighbourhood in Aldershot. The phase is being brought forward by national housebuilder Bellway Homes, who last night received resolution to grant in favour for this second phase of new...
Tuesday, 7. March 2017

Construction start for office and hotel tower in Munich

CA Immo has received a construction permit from the City of Munich for the NEO office, hotel and residential complex, with 21,000 m² of gross floor space in the Baumkirchen Mitte quarter in Munich's Berg am Laim district. CA Immo has also acquired the 50% stake in the development project previously held by Patrizia, and is no...
Monday, 6. March 2017

TAG Immobilien AG acquires around 1,440 residential units in city of Brandenburg

At the end of February 2017, TAG Immobilien AG (TAG) registered the purchase of a residential property portfolio with 1,441 units and approximately 73,300 sqm of rentable space in the city of Brandenburg. The purchase price, including transaction costs shouldered by TAG, was €41.9m. The portfolio currently generates net renta...
Monday, 6. March 2017

Barratt Homes sells Central London residential portfolio to Henderson Park and Greystar

Henderson Park and Greystar have acquired a 172-unit Central London residential portfolio from Barratt Developments PLC for €162.8 million (£140.5 million). The acquisition marks Henderson Park's first investment into the London' Private Rented Sector (PRS) housing market. The high quality apartments will be available to rent...
Monday, 6. March 2017

Skanska invests in land in Prague for €31 million

Skanska has acquired land in Prague, Czech Republic, from Codeco UK. The total investment amounts to about €31 million (CZK 841 million). The plot is a former brownfield situated in the district of Vysocany in Prague. Skanska is planning to develop it into an extensive residential area with good access to the city center.
Friday, 3. March 2017