Gecina, Nexity to develop 4,000 new rental housing units in France
French real estate investment trust (REIT) Gecina and real estate group Nexity have signed a partnership agreement to develop 4,000 new rental housing units over...
CLS sells Essen office asset for €60m
CLS Holdings plc has agreed to sell The Brix, a fully refurbished office building in Essen’s central business district in Germany, for €60 million,...
Planning permission granted for life sciences scheme in Oxford
Mission Street and BGO have secured planning permission from Oxford City Council for Phase 2 of their life sciences development in the West End...
Hines acquires iconic Portland Towers building in Copenhagen, Denmark
Hines has acquired the iconic Portland Towers office building in the heart of Copenhagen, Denmark from three Danish pension funds; PFA, ATP and Pension...
UK property fund outflows narrow sharply as buy orders surge in April
Net withdrawals from UK property funds slowed significantly in April, as stronger buy-side activity suggested investors may be regaining confidence in the sector following...
LondonMetric pays £21.2m for Doncaster distribution warehouse
LondonMetric Property has bought a long-let distribution warehouse in Doncaster for £21.2 million, reflecting a NIY of 6.3%.
The 264,000 sq ft regional logistics warehouse is let...
Hines appoints WeWork executive Ronen Journo as European Head of Operations
Hines has appointed WeWork executive Ronen Journo as European Head of Operations and Senior Managing Director.
An expert on global workplace trends, technology and corporate...
Panattoni snaps up 16-acre Greater Manchester logistics site
Panattoni has acquired a 16-acre site at Hpark within Atom Valley in Greater Manchester to deliver what it described as the area’s first large-scale...
Aviva Investors invests £150m in student accommodation portfolio
Aviva Investors has acquired a portfolio of six purpose built student accommodation (PBSA) assets and a mixed-use commercial investment, extending its strategic asset allocation...
Hines buys prime logistics park near London’s Heathrow Airport for £80m
Hines has acquired a prime logistics park near London’s Heathrow Airport on behalf of the Hines Pan-European Core Fund (HECF) from Aberdeen Standard Investments...
Citycon signs non-binding LOI for €400m Finland asset divestment
Citycon has signed a non-binding letter of intent (LOI) regarding the potential divestment of shopping centres in Finland for around €400 million, based on...
Royal London sells UK industrial portfolio to Ares
Royal London Asset Management Property has sold a portfolio of industrial and logistics assets in the UK to Ares Management Real Estate Funds (Ares).
The 111,484 sqm portfolio...
