Picton completes sale of Angel Gate office building in London
UK-based REIT Picton has completed the sale of its second-largest office asset, Angel Gate in London EC1.
The final sale price of £29.6 million reflects...
Regional REIT secures major tenants at Lightyear in Glasgow
Regional REIT announced that Lightyear, its Grade A office building near Glasgow Airport, has achieved over 90% occupancy.
This follows the recent leasing of...
Swiss Prime Site completes acquisition of Fundamenta’s real estate division
Swiss Prime Site has completed the acquisition of the real estate asset manager Fundamenta Group, which was agreed in March 2024.
Anastasius Tschopp, CEO...
VGP and Deka seal second closing for joint venture
VGP NV and Deka Immobilien have completed the second closing of their RED joint venture, adding two logistics buildings and a multi-storey car park...
Moderate rise in German commercial real estate transactions expected this year
Savills predicts a moderate increase in German commercial real estate transaction activity in the upcoming months, driven by an influx of new products entering...
European hotel market poised for investment surge
The European hotel market is poised for a surge in investment this year, according to CBRE's 2024 European Hotel Investor Intentions Survey.
A whopping...
Partners Group invests in Trinity
Global private markets firm Partners Group has reached an agreement to acquire a strategic minority stake in Trinity Investments, a U.S.-based real estate investor...
London CRE investment heats up with two straight quarters of growth
Investment volume in London commercial real estate (CRE) market has seen significant growth in the past two quarters, according to BNP Paribas Real Estate...
Kai Mende appointed Germany CEO at CBRE
Kai Mende has been appointed as the new Chief Executive Officer (CEO) of CBRE’s Advisory Business in Germany.
Mende will assume his new position from...
Hines agrees to forward fund residential scheme in Newcastle
Hines has agreed to forward fund the development of a 519-unit residential scheme in Newcastle on behalf of its Hines European Property Partners (HEPP)...
CLS strikes deal to sell Westminster Tower for £41m
London-based property investment company CLS has agreed to sell Westminster Tower, Albert Embankment for £40.8 million, in-line with its 31 December 2023 valuation.
Completion is...
Redevco launches Redevco Capital Partners with former Redos founder
Redevco and Oliver Herrmann, founder of German large-scale retail specialist Redos, have launched Redevco Capital Partners, targeting special situations real estate opportunities across Europe.
With...
