PIC acquires Croydon office building for £268m
Pension Insurance Corporation (PIC) has agreed to acquire 2 Ruskin Square, a new 344,940 sq ft Grade A office building in Croydon, South London,...
Landsec buys full ownership of Cardiff shopping centre
Landsec has taken full ownership of St David’s shopping centre in Cardiff.
The company has secured 100% ownership of St David’s shopping centre, Cardiff, following...
LondonMetric sells five distribution warehouses for £35m
LondonMetric Property has agreed to sell five distribution warehouses in two transactions for £34.8 million, reflecting a NIY of 5%.
Four of the assets have...
Malaysia’s Gamuda, Castleforge buy Deutsche Bank’s UK HQ for £257m
A joint venture between Malaysian construction firm Gamuda Bhd and UK-based real estate private equity investor Castleforge has acquired Winchester House London, the current UK...
Sirius appoints Chris Bowman as CFO
Sirius Real Estate has appointed Chris Bowman as Chief Financial Officer (CFO).
Bowman brings nearly 25 years' accounting, finance and capital markets experience. Most recently...
Kennedy Wilson to add new industrial units to UK portfolio
Development has commenced at two new industrial units totaling more than 250,000 square feet at Vaughan Park, a 28-acre industrial estate in the Black...
PGIM Real Estate launches French urban logistics platform
PGIM Real Estate has launched Proxilog REIM, an urban logistics investment platform in France.
The company is owned by PGIM Real Estate’s closed-ended European value-add strategy,...
AEW UK REIT acquires retail warehousing unit in Preston
AEW UK REIT has purchased a freehold solus retail warehousing unit in Bamber Bridge, Preston for £6,450,000, reflecting a low capital value of £110 per sq ft and an attractive net...
French property investment returns record sharp drop in 2022
The MSCI France Annual Property index posted a total annual return of 1.9% in December 2022, a sharp drop compared with the 6.7% recorded...
CBRE IM sells two retail assets in Sweden to Niam
CBRE Investment Management, on behalf of a European shopping centre strategy, has sold two retail assets in Sweden to real estate investment firm...
Savills IM buys distribution centre in the Netherlands
International real estate investment manager Savills Investment Management (Savills IM) has acquired the Rapid Logistics distribution centre in the Schiphol Trade Park, Netherlands, in an...
Skanska signs €50m contract to build new apartments in Helsinki
Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki, Finland.
The contract is worth €50M, about SEK...
