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US capital swoops into UK CRE recovery with 64% y-on-y growth in investment

BNP Paribas Real Estate’s analysis of Q1 2024 has revealed that investment activity from US-based buyers into UK commercial real estate (CRE) has risen substantially, with London recording its highest share versus the rest of the UK in almost a decade. The analysis demonstrates that US-based investors are seeing value in curr...
Thursday, 16. May 2024

AXI Immo headquarters to stay in Spektrum Tower

AXI Immo decided to extend its current lease and choose a new space for its expanding business lines in the Spektrum Tower office complex. Modernizing the Warsaw office ensures the new interiors are consistent with the company's DNA. Joanna Kowalewska, Bartosz Oleksak and Jakub Potocki from the office department were responsi...
Thursday, 16. May 2024

AEW completes logistics park in Milan for Logistis

AEW has completed the development of South Milan Park, a prime Grade A, c. 92,000 sqm logistics scheme close to Milan, acquired off-market back in 2021 on behalf of its specialist pan-European logistics strategy, Logistis.
Thursday, 16. May 2024

Cromwell sells retail portfolio for €285m to Star Capital

Cromwell Property Group sells six retail centres across Poland, held by the Cromwell Polish Retail Fund, to Star Capital Finance for €285 million. The portfolio totals more than 219,000 sq m and includes rights in six shopping centres: Janki in Warsaw, Kometa in Toruń, Korona in Wrocław, Tulipan ...
Thursday, 16. May 2024

Odeon named as new Queensgate leisure anchor

Odeon Cinemas will be the new anchor of the scheme's £60m leisure extension, opening an eight-screen cinema later this year. It marks a regional debut for the operator, as its first in Cambridgeshire, and reaffirms Queensgate's position as a top UK shopping centre destination, focused on deliveri...
Thursday, 16. May 2024

Skanska sells Studio B in Warsaw to Stena for €86 m

Skanska has sold the Studio B office building in Warsaw to Stena Real Estate AB. The project, designed and built in accordance with ESG principles, brings to the Wola district not only future-focused architecture but also sustainable construction. This is already third transaction between the two...
Thursday, 16. May 2024

Quartiers enters partnership with Catella

Quartiers Properties AB has entered into a partnership with Catella Corporate Finance for the expansion of Boho Club in Europe. The first task of the partnership is to refinance the Company's loan structure and to raise funds for the expansion of Boho Club Marbella in accordance with the detailed...
Thursday, 16. May 2024

Primark unveils upsized space at Metrocentre

Primark has unveiled its new and upsized space at Metrocentre London. The addition of 14,100 sq ft on the ground floor has taken the store size to almost 80,000 sq ft across two floors – more than 100,000 sq ft when accounting for non-trading space – Primark's thirteenth biggest location in the U...
Thursday, 16. May 2024

Former Rockspring TEP team launches Evonite

A team of experienced European real estate professionals launch a new London-based and independently owned European value-add real estate partnership. Evonite has been set up to challenge the status quo with a vision to build on a philosophy of delivering consistent and meaningful performance for...
Thursday, 16. May 2024

Tritax EuroBox secures lease re-gear and new lease in Bornem

Tritax EuroBox has agreed a lease re-gear, a new lease and associated solar PV Power Purchase Agreement (PPA) at Logistics Park Bornem, in conjunction with its local asset management partner, Logistics Capital Partners. The re-gear and new lease are both eight-year, inflation-linked leases and ha...
Thursday, 16. May 2024

Godwin acquires second site in Bristol

Godwin Developments has recently secured its second site in Bristol through the acquisition of Places for People’s consented Dove Lane scheme. The gateway development situated in central Brist...
Thursday, 16. May 2024

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Euro Real Estate buys City Tower Vienna for €150m © Michael Hierner
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Euro Real Estate buys City Tower Vienna for €150m

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Trei secures triple-digit million deal with Meag © Markus Loeffelhardt
Trei secures triple-digit million deal with Meag © Markus Loeffelhardt

Trei secures triple-digit million deal with Meag

Trei sold three residential properties in Berlin to Meag with an investment volume of more than €190 million. Both companies did not disclose the exact purchase price. The properties are locat...
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ARE and UBM lay foundation stone for Park Homes in Vienna © Stefan Seelig
ARE and UBM lay foundation stone for Park Homes in Vienna © Stefan Seelig

ARE and UBM lay foundation stone for Park Homes in Vienna

ARE CEO Hans-Peter Weiss, UBM CEO Thomas G. Winkler and Habau CEO Hubert Wetschnig laid the foundation stone for 135 privately financed condominiums together with district representative Erich...
Tuesday, 7. May 2024

Running Deals

AXI Immo headquarters to stay in Spektrum Tower

AXI Immo decided to extend its current lease and choose a new space for its expanding business lines in the Spektrum Tower office complex. Modernizing the Warsaw office ensures the new interio...
Thursday, 16. May 2024

Odeon named as new Queensgate leisure anchor

Odeon Cinemas will be the new anchor of the scheme's £60m leisure extension, opening an eight-screen cinema later this year. It marks a regional debut for the operator, as its first in Cambrid...
Thursday, 16. May 2024

Skanska sells Studio B in Warsaw to Stena for €86 m

Skanska has sold the Studio B office building in Warsaw to Stena Real Estate AB. The project, designed and built in accordance with ESG principles, brings to the Wola district not only future-...
Thursday, 16. May 2024