Hines acquires urban logistics distribution centre in Utrecht

Hines acquires urban logistics distribution centre in Utrecht

Hines has acquired the 62,000-square-metre Urban Logistics Distribution Centre in Utrecht, The Netherlands, on behalf of the Hines Pan-European Core Fund (HECF) from vendor...
intu provides intu Merry Hill car park for Covid-19 mobile testing unit

intu provides intu Merry Hill car park for Covid-19 mobile testing unit

intu has provided a car park at intu Merry Hill to the Department of Health and Social Care to create a pop-up mobile Covid-19...
UK Commercial Property REIT sells office asset in City of London

UK Commercial Property REIT sells office asset in City of London

UK Commercial Property REIT (UKCM) announced that it has unconditionally exchanged contracts to sell Eldon House, its only office asset in the City of London, to...
Clearbell receives planning permission for 65 Kingsway, London

Clearbell receives planning permission for 65 Kingsway, London

Clearbell Property Partners III LP (Clearbell), a fund managed by Clearbell Capital LLP, has received planning permission for refurbishment works at Kodak House, 65...
NEINVER reopens its outlet centres in Germany and Poland

NEINVER reopens its outlet centres in Germany and Poland

NEINVER,  a Spanish multinational company specialised in managing, developing and investing in commercial and logistics properties, has opened five outlet centres in Poland under...
Eurozone economy sees sharpest decline since 2009

Eurozone GDP sees sharpest decline since 2009

Seasonally adjusted GDP decreased by 3.8% in the euro area and by 3.5% in the EU during the first quarter of 2020, compared with...
Aviva Investors acquires three logistics warehouses for £107m

Aviva Investors acquires three logistics warehouses for £107m

Aviva Investors has acquired three logistics warehouses from Next through its Lime Property Fund for £107 million, in a sale and leaseback transaction. The three...
Deutsche Investment launches food retail asset fund

Deutsche Investment launches food retail asset fund

Hamburg-based Deutsche Investment has launched its first investment fund in the food retail asset class, “Deutsche Investment – Food Retail I,” fund which...
CBRE GI secures lease for 1,547 sqm. office space in Rotterdam office building

CBRE GI secures lease for 1,547 sqm. office space in Rotterdam office building

CBRE Global Investors and Bacardi-Martini B.V. have signed a long-term lease agreement for 1,547 sqm. office space in the ‘Delftse Poort’ office building at...
Urban Logistics REIT buys warehouse portfolio for £47.2m

Urban Logistics REIT buys warehouse portfolio for £47.2m

UK-based Urban Logistics REIT plc has acquired seven warehouse properties (Crown Portfolio) for a total consideration of £47.2 million, at a net initial yield...
Legal & General acquires 12-acre site in Bedfordshire for £120m retirement community

Legal & General acquires 12-acre site in Bedfordshire

Legal & General's later living business, Inspired Villages, has acquired a 12-acre site in Caddington, Bedfordshire. The site has been acquired with outline planning...
Real estate associations launch global IRR performance index

Real estate industry associations launch global IRR performance index

Real estate industry associations INREV, ANREV and NCREIF have launched the first Global IRR Index, providing data on the since-inception performance of value added...

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