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Phoenix Spree Deutschland has reported a 22.4% fall in EPRA net tangible assets to €3.96 per share (24.0% drop in sterling terms) in the year to 31 December 2023. The company plans to materially increase condominium sales and unlock the inherent value within its portfolio.
Catena reorganised the company's regional structure at the turn of the year and by then Denmark became a separate region, a change that clarifies its ambitions to grow in the Danish market. Mikael Tröjbom Johansen is now taking on the role of Regional Manager Denmark, a new position that is strategically important for the com...
Barings has acquired a plot of land for the development of its first purpose-built student accommodation (PBSA) scheme in Italy, completing on a brownfield site in Rome, on behalf of its second European real estate value-add fund (BREEVA II). Purchased through an Italian real estate fund managed...
£31.5M, 37-acre project serves as a pivotal new workplace, logistics and warehouse commercial gateway to Luton and set to elevate the town onto a national platform.
With the signing of a long-term lease of 5,140 sqm with the co-working concept De Stadstuin in Dalton Office Park, the entire Daltonlaan 200 office building in Utrecht is now fully let. De Stadstuin will open its 6th location in Utrecht and will provide office space, meeting rooms, an inspiring e...
GO Outdoors, the outdoor clothing and equipment retailer, has launched its 20,242 sq ft store at Metrocentre in London. The leasing contract between the retailer and Sovereign Centros from CBRE was signed in February .
Wihlborgs has signed a 20-year agreement with the food solutions company Caldic Ingredients Nordic for a new 10,000 m² facility at Galoppen 1 in Fosie, eastern Malmö. Caldic is moving production as well as offices to the facilities, creating around 90 jobs. Occupancy will take place in autumn 202...
On behalf of the Luxembourg fund DRED SICAV-FIS, Luxembourg real estate investment partner REInvest Asset Management has acquired the Helmholtz office building from a British asset manager.
Louise Hallqvist and Pontus Winqvist have been appointed Senior Vice Presidents for the new Group Finance Operations and Group Corporate Finance and Control units, respectively, at the Skanska Group. They will both assume their roles on June 1, 2024.
Isar Aerospace will establish its new headquarters near Munich in the municipality of Vaterstetten. The company has signed a contract for 40,000 sqm with the VGP Group, which will develop and build the facility for the new tenant in the Parsdorf III industrial area. The new site will house the la...
Edvinas Karbauskas, a member of the management board of Northern Horizon Capital AS and co-fund manager of Baltic Horizon Fund since 3 January 2023, will resign from the management board, with his last date of office being 22 June 2024. He has been working in Northern Horizon Group since 2018.
Skanska has signed a contract with Finep CZ to build a residential complex in Prague. The contract is worth CZK 850M, about SEK 380M, which will be included in the order bookings for Europe for the second quarter of 2024. A week ago the constructor signed a contract with Central Group to build th...
Supermarket Income REIT acquired a portfolio of Carrefour supermarkets in France through a sale and leaseback transaction for a total purchase price of €75.3 million (excluding acquisition costs), reflecting a net initial yield of 6.3%.
According to Cushman & Wakefield, Bratislava's office market withstood the expected slowdown and recorded a strong gross take-up of 46,100 sqm in Q1, indicating a potential annual demand of 18...
Bolstering its high-end offering, luxury accessories brand, Radley will open its doors at Northern Ireland's only premier designer outlet, The Boulevard on Saturday 4 May 2024.
LIP Invest signs a follow-up lease for the distribution centre in Hildesheim with the current tenant, Coca Cola. The contract runs for approximately one year, after which the beverage company ...
Following its successful and award-winning first projects in London, J&T Real Estate (JTRE) is strengthening its strategic position as an international developer. The first project of JTRE's n...
With the initial ground breaking, the construction of the new Mercedes-Benz AG International Consolidation Center (ICC) in Bischweier (District of Rastatt) officially started on 25 April. This...
The office complex K-Tower in Portugal's capital Lisbon was the big winner at the real estate Oscar award ceremony in the Portuguese city of Sintra on 18 April 2024 with first place in the two...
Barings has acquired a plot of land for the development of its first purpose-built student accommodation (PBSA) scheme in Italy, completing on a brownfield site in Rome, on behalf of its secon...
With the signing of a long-term lease of 5,140 sqm with the co-working concept De Stadstuin in Dalton Office Park, the entire Daltonlaan 200 office building in Utrecht is now fully let. De Sta...
Wihlborgs has signed a 20-year agreement with the food solutions company Caldic Ingredients Nordic for a new 10,000 m² facility at Galoppen 1 in Fosie, eastern Malmö. Caldic is moving producti...
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