SEGRO sells warehouse in Austria to Nuveen Real Estate

SEGRO sells warehouse in Austria to Nuveen Real Estate

UK Real Estate Investment Trust (REIT) SEGRO plc has sold City Park Vienna in Austria, comprising a cross-dock warehouse, a recently developed urban warehouse park...
Savills : 89% believe the office is vital, but needs to change

Savills : 89% believe the office is vital, but needs to change

According to a survey undertaken by international real estate advisor Savills, up to 89% of respondents believe that physical office space remains a necessity...
AllSaints announces CVAs proposal for UK and US store portfolio

AllSaints announces CVAs proposal for UK and US store portfolio

Global contemporary fashion retailer AllSaints, headquartered in East London, has launched a CVAs (Company Voluntary Arrangements) proposal for its store portfolio in the UK...
Moody's : European office real estate sector faces more long-term exposure from coronavirus effects

Moody’s : European office real estate sector faces more long-term exposure from coronavirus effects

While the coronavirus pandemic's immediate impact on the credit quality of European office real estate sector has been limited, the longer-term effect on demand...
Safestore, Carlyle JV buys Belgian self-storage portfolio

Safestore, Carlyle JV buys Belgian self-storage portfolio

A joint venture between UK-based self-storage group Safestore and global investment firm The Carlyle Group has acquired a six-store portfolio of self-storage units from Lokabox. Lokabox has...
Union Investment buys two micro-living properties in Düsseldorf and Hamburg

Union Investment buys two micro-living properties in Düsseldorf and Hamburg

Union Investment has acquired two planned micro-living properties in Düsseldorf and Hamburg comprising a total of 250 apartments for its Urban Living Nr....
Savills IM acquires logistics complex in Ansbach, Germany

Savills IM acquires logistics complex in Ansbach, Germany

Savills Investment Management (Savills IM) has acquired a logistics complex in Ansbach, Germany from ECE Projektmanagement. The parties have agreed not to disclose the...
British retail group Tesco to sell its business in Poland

British retail group Tesco to sell its business in Poland

British retail group Tesco has agreed to sell its business in Poland to Denmark's retail group Salling Group A/S for £181m. The deal includes...
Allianz acquires prime office asset in Rome for €200m

Allianz acquires prime office asset in Rome for €200m

Allianz Real Estate has acquired a prime office asset in the central business district of Rome for €200 million from Omega Fund, a closed-end...
Goldman Sachs-backed retirement living company Riverstone has appointed Penny Hughes as chairman.

Riverstone appoints Penny Hughes as chairman

Riverstone, the Goldman Sachs-backed retirement living company in London, has appointed Penny Hughes as chairman. Penny Hughes has served on multiple boards with experience...
Hines appoints Logan Smith as Head of Logistics for Europe

Hines appoints Logan Smith as Head of Logistics for Europe

Hines announced that it has appointed Logan Smith as Head of Logistics for Europe. He will be joining the business on 1 July 2020. Logan...
Former Landsec CEO Rob Noel to become new chair of Hammerson

Former Landsec CEO Robert Noel to become new chair of Hammerson

Hammerson announced it has appointed former Land Securities Group PLC (Landsec) chief executive officer Robert Noel as its new non-executive chair. Robert Noel Noel will join the...

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