ULI : COVID-19 to accelerate restructure of retail property sector
A new update from the Urban Land Institute (ULI) to its Reshaping Retail report, which was published earlier this year prior to the coronavirus pandemic taking...
NEINVER reopens its retail properties in Europe
European outlet developer and operator NEINVER reopened its four Greater Madrid and Barcelona outlet centres in Spain, thus resuming operations across all its retail...
Euro area GDP down 3.6 % in Q1, sharpest decline since 1995
Seasonally adjusted GDP decreased by 3.6% in the euro area and by 3.2% in the EU during the first quarter of 2020, compared with...
Barings acquires Swedish logistics assets for €92m
Global real estate investment manager Barings has acquired four Swedish logistics assets, on behalf of institutional investors, for c. €92 million through a sale...
CBRE UK : Capital value fall decelerates as yields stabilise
Capital values fell by -1.1% across all UK Commercial property in May 2020, according to the latest CBRE Monthly Index. This was driven by...
SEGRO buys urban warehouse estate in West London for £202.5m
SEGRO plc, a UK Real Estate Investment Trust (REIT), has acquired Perivale Park, a 34 acre urban warehouse estate in Perivale, West London, from Federated Hermes for £202.5...
Allianz Real Estate buys prime office building in Budapest
Allianz Real Estate has acquired Eiffel Square, a prime office building located in Budapest's central business district (CBD), in an off-market transaction. The 10-year-old complex...
Tristan, Kefren form joint venture for €200m Spanish logistics platform
Pan-European real estate investment manager Tristan Capital Partners has formed a joint venture with Spanish real estate specialist Kefren Capital Real Estate (Kefren) to...
Aviva Investors lets 197,000 sq ft distribution asset in Northampton
Aviva Investors, the global asset management business of Aviva plc, announced a 15-year lease agreement with Cygnia Logistics Limited (Cygnia), an e-commerce and multi-channel...
Global real estate AUM hit record €3.2tn in 2019
Total global real estate assets under management (AUM) hit a record €3.2 trillion at the end of 2019, representing an increase of 15.7% from...
LondonMetric buys roadside assets for £11.6m
LondonMetric Property Plc has acquired two roadside assets for £11.6 million, reflecting a blended net initial yield of 5.1%.
The first transaction comprises a sale...
Union Investment acquires office property in City of London
Union Investment has acquired Procession House, an office property located at 55 Ludgate Hill, London from Goldman Sachs Merchant Banking Division and British developer...
