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Vonovia sells 4,500 apartments for €700m
The city of Berlin is acquiring around 4,500 apartments from Vonovia SE in a €700 million deal. They are located in the district of Lichtenberg...
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...
CPI Property Group sells €463m Czech portfolio to S Immo
CPI Property Group has signed a binding agreement to offload a portfolio comprising six properties situated in the Czech Republic to S Immo. A subsidiary...
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...
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Marcus Sperber joins SEGRO as non-executive director
SEGRO has appointed Marcus Sperber as an independent Non-Executive Director with effect from 1 May...
Blackstone Credit & Insurance names Dan Leiter as Head of International
Blackstone has appointed Dan Leiter as Head of International for Blackstone Credit & Insurance (BXCI). In...
Greg Minson appointed global head of asset management at ICG Real Estate
Global alternative asset manager ICG has appointed Greg Minson as Global Head of Asset Management...
Gerry Murphy joins Capital & Regional as non-executive director
UK focused retail property REIT Capital & Regional has appointed Gerry Murphy as a Non-Executive...
Tina Reuter appointed head of Germany at Cushman & Wakefield
Tina Reuter has been named the Head of Germany at Cushman & Wakefield (C&W), an...