PwC projects $31.6tn in global data centre capex through 2050
Global data centre capital expenditure could reach US$31.6 trillion through 2050 as investment in the computing capacity required to support artificial intelligence (AI) accelerates,...
Delancey submits plans for life sciences building in Islington
Islington's brownfield site at 176-178 York Way is set for a major makeover. Investment firm Delancey has proposed a brand new 200,000 sq ft...
Henderson Park agrees to sell Deloitte London office for £255m
European real estate investment platform Henderson Park has agreed to sell Athene Place at 66 Shoe Lane in the City of London to a...
Starlight raises £680m for second UK build-to-rent fund
Starlight Investments has announced the successful close of its UK BTR Fund II, with total capital commitments of £680 million across the fund and...
Derwent London divests Clerkenwell building for £77m
Derwent London has agreed to sell its freehold interest in Turnmill, the 70,300 sq ft office and retail building in Clerkenwell, EC1, for £77.35m....
Long Harbour signs ground lease deals for European commercial assets
Real estate investment manager Long Harbour said it has completed the structuring and acquisition of commercial ground leases for assets in Dublin and Frankfurt...
URBZ and NW1 Partners launch €500m German IOS platform
URBZ Capital and NW1 Partners have launched Terryn, a new Industrial Outdoor Storage (IOS) investment platform in Germany, targeting a total investment volume of...
Revelop makes acquisitions after equity raise for value-add fund
Stockholm-based real estate investor Revelop has raised more than SEK 2.4 billion (€206m) in new equity capital commitments for its latest flagship value-add fund....
SEGRO starts construction of new urban industrial scheme in Hayes
UK Real Estate Investment Trust (REIT) SEGRO has started construction of its new high quality, urban industrial scheme in Hayes, West London.
SEGRO Park Hayes,...
Unite sells student accommodation development site for £60m
Unite Group has agreed the sale of its 444-bed King’s Place student accommodation development site to an affiliate of Far East Orchard for £60...
Singapore’s CDL snaps up Paris hotel for €240m
Singapore-listed global real estate company City Developments Limited (CDL) has acquired the Hilton Paris Opéra hotel from funds managed by Blackstone for €240 million.
CDL...
M2 Asset Management buys residential property in Copenhagen
Sweden-based real estate investor M2 Asset Management has entered the Copenhagen market by acquiring 99 residential units and 56 parking spaces from Patrizia with...
