Iain Murray joins Bidwells as head of operational living
Bidwells has made a strategic move to strengthen its position in the burgeoning operational living market. The company announced the appointment of experienced operational...
Supermarket Income REIT buys Carrefour portfolio in France
UK-based Supermarket Income REIT has expanded its portfolio with the acquisition of a portfolio of Carrefour supermarkets in France. The deal was structured as...
Marcus Sperber joins SEGRO as non-executive director
SEGRO has appointed Marcus Sperber as an independent Non-Executive Director with effect from 1 May 2024. Marcus Sperber is a Fellow of the Royal Institution...
Global prime office rents up modestly, net effective costs surge in low-occupancy regions
Prime office rents in major global cities have witnessed a modest rise of 1.1% year-over-year (YoY) as of Q1 2024, according to Savills' latest...
Derwent London divests Clerkenwell building for £77m
Derwent London has agreed to sell its freehold interest in Turnmill, the 70,300 sq ft office and retail building in Clerkenwell, EC1, for £77.35m....
European CRE investment slumps for seventh consecutive quarter
European commercial real estate (CRE) investment continues its downward spiral. According to MSCI Real Assets' latest Europe Capital Trends report, investment activity in the...
Hines secures financing from Investec for West Midlands industrial portfolio
Hines’ European Value Fund 2 (HEVF2) has secured financing from Investec Real Estate for the acquisition of four multi-let industrial estates in the West...
Life sciences take-up in UK’s Golden Triangle soars 25% year-on-year
According to Knight Frank, the UK's 'Golden Triangle' encompassing London, Oxford, and Cambridge witnessed a notable increase in life sciences take-up, reaching approximately 186,000...
Global non-listed real estate capital raising hits 9-year low in 2023
Global investment in non-listed real estate plummeted in 2023, with fund managers raising just €117 billion, according to the 2024 Capital Raising Survey by...
Vita secures £91.5m loan from Cain for Manchester PBSA scheme
Cain International has provided a £91.5m construction loan to Vita Group for its inaugural House of Social. Located in Manchester’s growing academic district on First Street,...
