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Sweden - NCC has signed an agreement with Skebo to construct 219 rental apartments at Anderstorpsgården in Skellefteå. The project is a turnkey contract with an order value of approximately SEK 320 million.
UK - Bidwells is today announcing the appointment of experienced operational living expert Iain Murray and the acquisition of his former Cortland Consult team.
Romania - 18 Gym Fitness & Beauty, the third-largest health & fitness network in Romania, will open a new location within Agora Arad (the former Galleria Arad) through a transaction brokered by Cushman & Wakefield Echinox.
The Netherlands - Recently, Altera Vastgoed took delivery of the properties built in the 1980s in Sassenheim from BAM Wonen following eco-friendly home upgrades. Making these properties more sustainable is in line with Altera's ambition to make its portfolio Paris Proof by 2040 at the latest.
Bulgaria - At the end of March, Belgrade's Hotel Jugoslavija was sold to MV Investment for 3.2 billion dinars (approximately €27 million). The Millennium Team subsidiary won the public auction for the purchase of the bankrupt Danube Riverside legal entity.
Denmark - NCC has been commissioned by the municipal company FællesBo to refurbish 210 apartments in the Mindeparken residential area in Herning. The project is a turnkey contract, and the order value is approximately SEK 350 million.
The Netherlands - Savills has unveiled a new report detailing critical trends shaping the future of the Dutch office market, emphasising the significant impact of location and accessibility. According to the study, offices near railway stations command rents that are 34.2% higher than those in less accessible locations, reflecting the premium ...
Spain - French investment manager Extendam has acquired the four-star Hilton Garden Inn Sevilla Hotel from Aliseda Inmobiliaria, a subsidiary of Blackstone for around €15 million. The Continuum Hospitality Group, which already operates six other Spanish hotels for Extendam, is also on board.
Sweden - Fabege has signed an agreement with household appliance manufacturer BSH Home Appliances AB for a new office and showroom for its Bosch, Siemens, NEFF and Gaggenau brands at Solna Business Park. The agreement covers a total of just over 4,300 square metres at the corner of Svetsarvägen. The agreement runs for 10 years.
Germany - 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 newly established German branch will be Nordhafen Living & Office in an attractive central location in Berlin.
UK - AEW has been granted planning permission to transform the former Debenhams department store in Bristol into a mixed-use residential development with more than 500 new homes for rent, including 100 affordable homes.
France - Deka Immobilien has sold the office building Opéra Gramont, located at 14 rue du Quatre Septembre in Paris for approximately €107 million. The property was part of the WestInvest ImmoValue portfolio, an investment fund designed for institutional investors, and was acquired by Osae Partners on behalf of one of its discretionar...
Italy - According to market information, Gruppo CHC has completed the purchase of three hotels. The Holiday Inn Naples (326 rooms), the Villa Ducale Parma (113 rooms) and the My One in Bologna (98 rooms) were previously part of the Bayview Italia portfolio. The new owner plans to extensively modernise the three 4-star hotels. The dea...
Germany - Struggling real estate manager Branicks is launching a new business line: the 'Renewables' asset class, which will drive the diversification of its fund offering towards renewable energy, in partnership with Encavis Asset Management.
Germany - 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 special event was celebrated by the project developer, Panattoni Germany and Mercedes-Benz along with numerous attendees and honoured ...