London CRE investment heats up with two straight quarters of growth

London CRE investment heats up with two straight quarters of growth

Investment volume in London commercial real estate (CRE) market has seen significant growth in the past two quarters, according to BNP Paribas Real Estate...
Hines gets green light for mixed-use development in London

Hines gets green light for mixed-use development in London

Hines has received planning approval to build a mixed-use development at 18 Blackfriars Road in Bankside, London. This project will transform a vacant two-acre...
NBIM acquires full ownership of Meadowhall shopping centre

NBIM acquires full ownership of Meadowhall shopping centre

Norway’s sovereign wealth fund Norges Bank Investment Management (NBIM) has agreed to acquire an additional 50 percent interest in the shopping and leisure centre...

TPG Angelo Gordon and Ridgeback invest in UK housebuilder

UK housebuilder GS8 has received a strategic investment from TPG Angelo Gordon and Ridgeback Group. The investment will finance an initial five-year growth plan, with...

Aareal Bank, Advent to sell Aareon to TPG in €3.9bn deal

Aareal Bank and Advent International has agreed to sell Aareon, a European provider of Software-as-a-Service (SaaS) solutions for the property industry, to TPG and...
LondonMetric sells retail and office properties for £27m

LondonMetric sells retail and office properties for £27m

LondonMetric Property has sold five properties, in separate transactions, for £26.7 million, reflecting a 6% profit over 31 March 2024 book values. The retail and...
Arrow acquires warehouse in West Yorkshire for £17m

Arrow acquires warehouse in West Yorkshire for £17m

Arrow Capital Partners has acquired a 300,000 sq ft warehouse in South Elmsall, West Yorkshire, for its SIRE joint venture with Cerberus Capital Management.The...

Muse selected development partner for £500m regeneration project

Manchester City Council has selected Muse as its delivery and investment partner for the Wythenshawe town centre regeneration project. The procurement exercise began in October...
Home REIT offloads 101 properties for £18.5m

Home REIT offloads 101 properties for £18.5m

Home REIT has sold a further 101 properties for £18.5m, representing 6.6% of the company's portfolio by value (based on JLL's August 2023 draft valuation).  The gross...
Moorfield completes construction of PBSA scheme in Lincoln

Moorfield completes construction of PBSA scheme in Lincoln

UK real estate fund manager Moorfield Group has completed construction of its 293-bed, £45m PBSA scheme in Lincoln. The scheme, named BGU Student Village, includes townhouses...
Segro sells warehouse estate in West London for £115m

Segro sells warehouse estate in West London for £115m

Segro has sold Segro Park Victoria Road in Park Royal, West London to the Imperial College London for £115 million. The 10-acre urban warehouse estate...

Global prime office rent and fit-out costs rise in Q3, says Savills

Rents for prime office spaces rose by 0.2%, and fit-out costs increased by 0.3% in Q3 2024, bringing the year-on-year growth in net effective...

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