CapMan residential fund adds two Helsinki assets to portfolio
CapMan Residential Fund has purchased two newly built residential assets in Helsinki Metropolitan Area, Finland. The transaction is the seventh investment for CapMan’s pan-Nordic core...
Swiss Life Asset Managers invests in Telecom Infrastructure Partners
Swiss Life Asset Managers has inked a definitive agreement with InfraBridge, an infrastructure investment manager, to acquire a co-controlling equity stake in Telecom Infrastructure...
Property Franchise Group, Belvoir agree £215m merger
The Property Franchise Group and Belvoir Group have reached agreement on the terms and conditions of a recommended all-share merger of Belvoir and TPFG...
St. Modwen lets 76,000 sq ft logistics space in Newport
St. Modwen Logistics has leased an additional 76,000 sq ft of logistics space at St. Modwen Park Newport. Solus, the Aviva-owned accident repair group, has leased...
Partnership seals £60m deal for 174 new homes in Hampshire
Packaged Living and Aviva Investors have joined forces to forward-fund the development of 174 new single-family homes in Bordon, Hampshire, reaching a total value...
Empira opens new North American headquarters in Miami
Swiss-based institutional real estate investment firm Empira Group announced the opening of a new North American headquarters in Miami, Florida. Located at 200 S. Biscayne...
LXi seals contract for £210m sale of 66 Travelodge hotels
LXi REIT has exchanged contracts unconditionally on the sale of 66 Travelodge branded hotels to the Travelodge group for £210 million. As announced on 22 November...
UK hotel transactions reach £2bn in 2023
In 2023, UK hotel transactions reached £2 billion, according to global property adviser Knight Frank. Notably, the sector saw its pinnacle in Q4, securing...
LondonMetric pays £21.2m for Doncaster distribution warehouse
LondonMetric Property has bought a long-let distribution warehouse in Doncaster for £21.2 million, reflecting a NIY of 6.3%. The 264,000 sq ft regional logistics warehouse is let...
Canadian company unveils €450m hotel development plans across Portugal
Mercan Group, headquartered in Montreal, Canada, has revealed plans for a number of hotel developments to begin construction this year, signalling its significant investment...