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Centrick launches two offices in national expansion drive

Centrick has stepped up its ambitious national expansion drive with the launch of two new offices in the south east and north west as it continues to secure major new building and estate management contracts across the country.
Monday, 20. May 2024

Trei completes residential development in Nashville

Trei Real Estate and its local development partner Proffitt Dixon Partners, just completed another residential development in the United States. The “Queens Wedgewood-Houston” multi-family development in Nashville, Tennessee provides 220 residential units totaling 16,100 square meters of floor ar...
Monday, 20. May 2024

Data centre construction boom swaps over secondary markets

A data centre construction boom is underway in the smaller secondary markets of Europe, with an unprecedented annual volume of capacity slated for delivery this year. According to new research from CBRE, there is 273MW of new supply expected in secondary European markets this year, including the ...
Monday, 20. May 2024
New Research Hub developed by SRV and SYK in Tampere © SYK

New Research Hub developed by SRV and SYK in Tampere

SRV and University Properties of Finland (SYK) have signed a project management contract for the new Research Hub building to be built on the University of Tampere's Hervanta campus, in the current Sähkötalo, and for the renovation projects of the related building parts. The work will be complete...
Friday, 17. May 2024

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 inve...
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 o...
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

Citycon sells Kongssenteret in Kongsvinger

Citycon has signed an agreement to sell Kongssenteret in Kongsvinger to an undisclosed buyer. According to the company, the sale price is close to the asset's most recent IFRS fair value. The ...
Friday, 17. May 2024

Sirius issues €59.9m of new notes in bond tap

Sirius Real Estate has issued €59.9 million nominal value of notes (the „Issuance“) to be consolidated and form a single series with the €300 million 1.75% bonds due November 2028, issued orig...
Friday, 17. May 2024

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Joint venture launches Mix Manchester airport campus © Virtual Planit
Joint venture launches Mix Manchester airport campus © Virtual Planit

Joint venture launches Mix Manchester airport campus

A revised masterplan has been developed „which will see the creation of the UK's best-connected science, innovation, and manufacturing campus at Manchester Airport“.
Tuesday, 14. May 2024
Infrahubs sells 20,000 sqm logistics property to Blackrock © Infrahbus
Infrahubs sells 20,000 sqm logistics property to Blackrock © Infrahbus

Infrahubs sells 20,000 sqm logistics property to Blackrock

Infrahubs and Blackrock have signed another logistics deal. Blackrock has purchased a 20,000 sqm logistics development site in Jönköping. Earlier this year, the investment manager acquired a l...
Wednesday, 15. May 2024
New Research Hub developed by SRV and SYK in Tampere © SYK
New Research Hub developed by SRV and SYK in Tampere © SYK

New Research Hub developed by SRV and SYK in Tampere

SRV and University Properties of Finland (SYK) have signed a project management contract for the new Research Hub building to be built on the University of Tampere's Hervanta campus, in the cu...
Friday, 17. May 2024

Running Deals

Trei completes residential development in Nashville

Trei Real Estate and its local development partner Proffitt Dixon Partners, just completed another residential development in the United States. The “Queens Wedgewood-Houston” multi-family dev...
Monday, 20. May 2024

JM sells 151 apartments in Helsinki

JM Finland has sold 151 apartments in Herttoniemiele to an undisclosed buyer. The 16-storey building will be completed for the client in spring 2026. There will be a total of 151 rental apartm...
Friday, 17. May 2024