Legal & General to invest £4bn in West Midlands regeneration projects
Legal & General (L&G) has signed a partnership agreement with West Midlands Combined Authority (WMCA) to invest £4 billion in regeneration, housing and levelling up...
Allianz, VGP form logistics JV for VGP Park Munich development
VGP NV (VGP), the Antwerp-based European provider of logistics and semi-industrial real estate, and Allianz have formed a new 50:50 joint venture for the...
LondonMetric sells retail assets to Realty Income for £40.9m
LondonMetric Property Plc has sold a portfolio of retail assets to Realty Income, an S&P 500 US REIT, for £40.9 million, reflecting a blended...
St. Modwen Logistics to develop second phase of Derby park
St. Modwen Logistics has invested almost £60m to develop an additional c. 350,000 sq ft of new warehouse space at St. Modwen Park Derby. Due...
Panattoni acquires site near Brighton for logistics development
Panattoni has acquired a prime site near Brighton for a 257,000ft² speculative logistics development called Panattoni Park Brighton. The development is on a 12-acre site,...
Urban Logistics announces £56.1m acquisition of assets in UK
UK-based industrial and logistics REIT Urban Logistics (AIM: SHED) has acquired nine logistics properties and development site for £56.1 million, following its £136.1 million...
Invel to acquire 32.7% stake in NBG Pangaea REIC for €390m
Invel Real Estate (Netherlands) II B.V. (“Invel”), the investment firm focusing on real estate and distressed debt opportunities across Europe, has served a Call...
TPG, Gatehouse Bank launch £500m UK single-family rental JV
TPG Real Estate Partners (TREP) and Gatehouse Bank have established a £500m joint venture to construct up to 2,500 suburban, purpose-built single-family rental homes...
Crossbay and Kryalos add three assets to portfolio
Crossbay and Kryalos SGR have added three Italian logistics assets to their portfolio, acquiring two warehouses on the outskirts of Milan and another on...
TikTok leases new office building in London
TikTok, the social media platform owned by Chinese company ByteDance, has leased the whole of Kaleidoscope, the new 88,500 sq ft office building in...