Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

Union Investment sells Sthlm Hub to Vasakronan for €62m

Union Investment has sold the Stockholm office building Sthlm Hub, also known as Uggleborg 14, to Swedish property investor Vasakronan for approximately €62 million (SEK 715 million). The purchase price is higher than the most recent valuation. Vasakronan is owned by four of Sweden's national pension funds and already owns th...
Wednesday, 27. March 2024

Jeremy Bishop launches Arkus Real Estate

Jeremy Bishop has launched Arkus Real Estate, an investment and development firm focused on creating fit-for-purpose real estate. Seeking to take advantage of the pricing reset caused by the convergence of 2023’s soaring interest rates, the impact of technology on logistics, office and retail rea...
Wednesday, 27. March 2024

Catena acquires logistics property in Helsingborg

Catena has signed an agreement with DSV Road Holding A/S to acquire a property in Helsingborg via a corporate transaction at an underlying property value of SEK 398 million before deduction of deferred taxes.
Wednesday, 27. March 2024

ASLI sells warehouse in Meung sur Loire to Castignac

Abrdn European Logistics Income plc has completed the sale of a 30,180 sqm warehouse in Meung sur Loire, to Castignac. The €17.5 million disposal price is in line with the 31 December 2023 valuation and reflects a c.7% discount to the 30 September 2023 valuation.
Wednesday, 27. March 2024

León Murray joins CBRE as Director of Planning

León Murray has joined CBRE Ireland as lead of our Planning division. CBRE’s Peter Garrigan, Head of Development Land said the appointment came at a pivotal time in the market.
Wednesday, 27. March 2024

Bloom completes Brixton warehouse development

Bloom has completed the second development in central London for its £250 million ultra-urban warehouse joint venture with TPG Angelo Gordon. Bloom Brixton, at 146-148 Brixton Hill, comprises five units, totalling 35,417 sq ft, designed by Chetwoods. The warehouses are multi storey across ground ...
Wednesday, 27. March 2024

C&W expects European living sector to boom over next five years

Investment in the EMEA living sector has the potential to reach €70-85 Billion per annum over the next five years, according to new insight from Cushman & Wakefield. More than half of respondents to the firm's EMEA Living Sector Survey currently have over 20% of their real estate portfolio alloca...
Wednesday, 27. March 2024

Home Invest appoints Preben Bruggeman as CEO

The Board of Directors of Home Invest Belgium SA/NV has appointed Mr Preben Bruggeman as Chief Executive Officer, subject to the approval of the FSMA. The appointment of Bruggeman as executive director will be presented during the next general shareholders’ meeting, subject to the approval of the...
Wednesday, 27. March 2024

Sirius expands U.K. portfolio with business park acquisition

Sirius Real Estate has exchanged contracts on the acquisition of Vantage Point Business Village, a multi-let business park in Gloucestershire, for a total acquisition cost of £48.25 million (€56.4 million), representing a net initial yield at acquisition of 10.2%. The acquisition has been made us...
Wednesday, 27. March 2024

Bonava starts production of 240 housing units in the Baltics

Bonava is commencing production of a new project consisting of 101 housing units in Vilnius. In parallel, production has started on the second and final phase of the Pikaliiva Kaarmaja neighbourhood in Tallinn, consisting of 81 housing units, and the Blūmendāles Majas project in Riga, consisting ...
Wednesday, 27. March 2024

British Land achieves 50% letting at Norton Folgate

British Land has signed its second office customer and first two restaurants at its recently completed Norton Folgate, a 335,000 sq ft office-led regeneration scheme which sits at the meeting ...
Wednesday, 27. March 2024

Investec launches real estate equity strategy

Investec has launched a new real estate equity strategy, Investec Realis, providing global investors with deal-by-deal access to institutional-quality UK real estate and the attractive returns...
Wednesday, 27. March 2024

You might also be interested in

CA Immo pays dividend despite high write-offs © CA Immo
CA Immo pays dividend despite high write-offs © CA Immo

CA Immo pays dividend despite high write-offs

CA Immo reports a loss of € 224.5 million for the 2023 financial year due to the revaluation of the portfolio. CA Immo reports a loss of € 224.5 million for the 2023 financial year due to the ...
Thursday, 21. March 2024

Running Deals

CPIPG sells 50% stake in Czech hotel subsidiary

CPI Property Group (CPIPG) has sold  a 50% stake in eight Czech hotels. This move comes alongside the signing of a joint venture agreement with Best Hotel Properties. 
Wednesday, 27. March 2024

Catena acquires logistics property in Helsingborg

Catena has signed an agreement with DSV Road Holding A/S to acquire a property in Helsingborg via a corporate transaction at an underlying property value of SEK 398 million before deduction of...
Wednesday, 27. March 2024

ASLI sells warehouse in Meung sur Loire to Castignac

Abrdn European Logistics Income plc has completed the sale of a 30,180 sqm warehouse in Meung sur Loire, to Castignac. The €17.5 million disposal price is in line with the 31 December 2023 val...
Wednesday, 27. March 2024