Hafize Gaye Erkan appointed as Turkey’s new central bank governor
Hafize Gaye Erkan has been appointed as the new governor of the Central Bank of the Republic of Turkey (CBRT). Erkan became the first female governor of...
LXi REIT divests St Albans retail park for £31m
LXi REIT has sold a retail park in St Albans to a UK institution for £31 million, equating to a net initial yield of 4.7%. The property is let...
Redevco, Red form JV for Rotterdam residential tower project
Rotterdam-based developer Red Company and Pan-European urban real estate firm Redevco have form a new joint venture to develop a residential tower, The BaanTower,...
GLP to develop 1.4m sq ft at UK logistics park
GLP is set to speculatively develop 1.4 million sq ft across four units in Magna Park Lutterworth (MPL) logistics park in the UK. GLP has...
Melford Capital Partners pays £40m for Covent Garden property
Melford Capital Partners has purchased 5-9 Great Newport Street, Covent Garden, in London’s West End for £40 million. On behalf of Consolidated Development Limited,...
St. Modwen Logistics delivers three warehouse units at Access 18 Avonmouth
Blackstone portfolio company St. Modwen Logistics has delivered three new sustainable warehouse units totalling 157,000 sq ft at St. Modwen Park Access 18 Avonmouth,...
First Property launches senior loans platform
UK-based property fund manager and investor First Property Group has launched a senior loan making platform for the financing and refinancing of commercial property....
European commercial real estate market hits pause in Q1 2023
The European commercial real estate market hit pause in Q1 2023, according to repeort from La Française Real Estate Managers. Tightening monetary policy, rising inflation...
CBRE IM to develop warehouse asset in Åstorp, Sweden
CBRE Investment Management has acquired 77,000 sqm of land in Åstorp, Helsingborg, Sweden to develop a warehouse asset totaling 46,000 sqm of lettable area. The...
Redevco launches residential platform with Dutch company buy
Pan-European urban real estate specialist Redevco has launched a residential platform with the acquisition of LIFE Europe, a Dutch residential and commercial real estate company....
