Harworth Group sells seven industrial estates for £70m

Harworth Group sells seven industrial estates for £70m

Harworth Group has divested seven multi-let industrial estates across the North West, Yorkshire and East Midlands for £70 million. This year the Rotherham-based property developer has...
Intervest buys logistics development site in Liège for €29m

Intervest buys logistics development site in Liège for €29m

Intervest Offices & Warehouses has agreed to acquire a strategic logistics site in Liège (Herstal) with a land area of approximately 15,5 ha of...
CapitaLand Ascott Trust to acquire hotels in London, Dublin, Jakarta

CapitaLand Ascott Trust to acquire hotels in London, Dublin, Jakarta

Singapore-listed CapitaLand Ascott Trust has announced the proposed acquisition of a hotel in London, The Cavendish London; a hotel in Dublin, Temple Bar Hotel;...
Tritax Big Box sells logistics asset for £84m

Tritax Big Box sells logistics asset for £84m

Tritax Big Box REIT has agreed to sell a logistics asset let to Howdens in Raunds, UK, for £84.3 million, reflecting a net initial...
CBRE acquires retail consulting firm in Germany

CBRE acquires retail consulting firm in Germany

CBRE has acquired Düsseldorf-based Prime Consulting, specializes in leasing, advisory and property management services for shopping centres and retail parks across Germany. Its CEO,...
Macquarie closes European logistics real estate fund at €260m

Macquarie closes European logistics real estate fund at €260m

Macquarie Asset Management has announced the final close of Macquarie European Logistics Real Estate Fund with approximately €260 million in investor commitments. Macquarie Asset Management’s...
Aviva Investors provides £57m sustainable transition loan to Urban Logistics

Urban Logistics secures £57m sustainable transition loan from Aviva Investors

Aviva Investors has provided an additional £57 million in sustainable transition financing to Urban Logistics REIT. The new loan, a nine-year facility, is secured against...
Frey completes acquisition of retail park in Poland for €103m

Frey completes acquisition of retail park in Poland for €103m

Frey has completed the acquisition of the Matarnia Park Handlowy retail park in Gdańsk, Poland from Ingka Centres for €103 million (incl. transfer tax). Ideally located in...
JLL unveils AI model for commercial real estate

JLL unveils AI model for commercial real estate

JLL has unveiled JLL GPT,  the first large language model purpose-built for the commercial real estate (CRE) industry. Developed by JLL Technologies (JLLT), the...
Garbe fund buys logistics asset in Maastricht in sale-leaseback deal

Garbe fund buys logistics asset in Maastricht in sale-leaseback deal

Garbe Logistikimmobilien Fonds Plus II (GLIF+II), with Garbe Industrial Real Estate Netherlands B.V. acting as asset manager, has acquired, via an indirect asset...
Boreal IM, Cadillac Fairview JV acquires logistics portfolio in Italy

Boreal IM, Cadillac Fairview JV acquires logistics portfolio in Italy

A joint venture between Cadillac Fairview/Ontario Teachers' Pension Plan and Boreal IM has completed the acquisition of a portfolio that includes four fully-let and long-lease...
Asoka Wöhrmann succeeds Wolfgang Egger as CEO of Patrizia

Asoka Wöhrmann succeeds Wolfgang Egger as Patrizia CEO

Patrizia has announced that Asoka Wöhrmann has taken over the position of sole CEO of Patrizia, assuming the role and responsibilities from Wolfgang Egger...

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