Harworth buys industrial estate in Widnes, Cheshire for £12.7m
Harworth Group plc has bought Towngate Business Park, a multi-let industrial estate in Widnes, Cheshire, from Towngate Plc for £12.7 million.
Towngate Business Park,...
European office fit-out costs stabilise as market shows signs of resilience
Office fit-out costs across Europe are beginning to stabilise after several years of sharp increases, signalling improved market resilience despite ongoing geopolitical and economic...
Allianz provides £400m financing for London office portfolio
Allianz Real Estate has provided £400 million (€440 million) long-term financing for the portfolio of five prime freehold central London offices. This is Allianz's...
Commerz Real buys office tower in Berlin
Commerz Real has acquired the Mynd high-rise office building currently under construction and the Galeria Weltstadthaus store on Berlin’s Alexanderplatz from Signa Prime for...
Garbe’s fund acquires light industrial property in Berlin
Garbe Industrial Real Estate has purchased a light-industrial property on behalf of its logistics property fund, Garbe Logistikimmobilien Fonds Plus II, through a sale-and-leaseback transaction.
The...
Fiera and Packaged Living target £1bn UK single-family housing portfolio
Fiera Real Estate UK and Packaged Living have launched a new UK single-family housing fund after completing a significant first close, targeting the creation...
Prologis says Segro discussions provided ‘no meaningful clarity’
Prologis has said discussions with Segro's management did not provide sufficient clarity to advance negotiations over a possible combination, while reaffirming its belief that...
KKR and Baupost acquire UK hotel portfolio from ADIA
KKR and The Baupost Group have formed a joint venture to purchase a portfolio of 33 Marriott International hotels across the UK from a...
Planning approved for 105,000 sq ft logistics scheme in Greater Manchester
Chancerygate, in partnership with CBRE Investment Management, has received planning consent to develop Westside, a new 105,000 sq ft speculative Grade A urban logistics...
KKR appoints Simon Marrison as senior advisor for European real estate
Global investment firm KKR has appointed Simon Marrison, chairman of LaSalle Investment Management’s European business, as a senior advisor, effective Sept 7th 2020.
Simon Marrison will advise...
Savills IM acquires two logistics assets in France
Savills Investment Management has off-market acquired two urban logistics assets in Amiens and Valence, France, for its European Urban Logistics & Industrial Fund.
The...
Commercial property investment in Central London rise 28% YoY in Q1 2019
Commercial property investment in Central London, the City and West End, increased by 28% to £3.2 billion in the first quarter of 2019 year-over-year...
