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Construction of an ultra-urban development of five warehouse units in Brixton, London, has reached completion, main contractor MCS Group announced today.
Sandyford Properties has let three vacant units at Deeside Industrial Park, near Chester, just six months after buying them. The properties, totalling 70,000 sq ft, are located on a four-acre site at 80-82 First Avenue and were acquired in September 2023 from the former owner of DRB Group.
European commercial real estate markets remained sluggish in the first quarter of 2024 as hopes for aggressive interest rate cuts faded and investors stayed on the sidelines. Even so, a steady flow of smaller deals and even some large-scale transactions pointed to healthy residual appetite, according to the latest Capital Mar...
Valor Real Estate Partners has completed the acquisition of two multi-let urban logistics assets in London, in separate transactions, for c.£25 million.
CTP has appointed Alexander Hund as Managing Director of CTP Germany. He will head up the company's rapidly growing business in the country. CTP will invest €1 billion in Germany over the next few years. He will lead the management team together with CFO Alen Stosic, and Timo Hielscher, Managing Director for Germany responsib...
An e-scooter manufacturer is opening a long-term branch in Krefeld. On advice of Realogis the specialist for innovative means of transportation in the field of electromobility has signed a lease for 725 sqm of warehouse and office space in the „Green Business Park“ at Odilia-von-Goch-Straße 16. Due to the latest contract the ...
VGP NV and Deka Immobilien announced the signing of the second closing between VGP and their 50:50 joint venture, RED (The 'Fifth Joint Venture'). The transaction comprises two logistics buildings and a multi-storey car park which were developed in parks that have already transferred to the joint venture in the first closing....
Panattoni has begun construction on a new industrial park in Będzin. The first stage of the work has already been launched and is to be completed in September. It will comprise a 27,500 sqm building constructed on a speculative basis. The total area of the park is to come to 87,500 sqm.
Five transactions have taken place at Genesis Park in South Wigston, near Leicester, including a 6,000 sq ft unit to leading healthcare automation solutions and service provider Deenova.
CTP has acquired investment land in four strategic locations offering the opportunity to build approximately 200,000 sqm of lettable space in the short term, with sites in Łódź, Toruń and the Warsaw agglomeration ready for development. This land acquisition is part of CTP's strategy, announced last year, to invest €300 millio...
Segro and St George were joined by Councillor Shama Tatler, Cabinet Member for Regeneration, Planning and Growth at Brent Council and a range of local dignitaries to celebrate the completion of Segro V-Park Grand Union – the innovative, multi-storey industrial development in Alperton, North West London.
Garbe Industrial has acquired another plot of land in Rüdenhausen, near Würzburg, from the Beuerlein Group. The Hamburg-based project developer is planning a logistics centre with a total area of around 19,200 m² on the approximately 42,500 m² site. The investment volume amounts to around €27m.
Shortly after its major portfolio deal with Blackstone, Clarion Partners is once again investing in Germany: Panattoni Park Voerde is joining the investment manager's portfolio for around €75 million. The logistics park, consisting of two buildings with more than 66,000 sqm of usable space, will be completed in 2023 and is fu...