Chinese firm acquires Fernie Castle Hotel in Scotland

Chinese firm acquires Fernie Castle Hotel in Scotland

Chinese real estate company MDJM's wholly owned subsidiary in the United Kingdom, MD Local Global Limited (MD UK), has agreed to acquire Fernie Castle Hotel,...
Amazon to open fulfillment center in Deltona, Florida

Amazon to open fulfillment center in Deltona, Florida

Amazon plans to open a fulfillment center in Deltona, Florida. The new facility will create 500 new full-time jobs in the region. “We’re excited to continue...
PPI to acquire SBB’s social infrastructure portfolio in €3bn deal

PPI to acquire SBB’s social infrastructure portfolio in €3bn deal

Public Property Invest ASA (PPI) has agreed to acquire a major portfolio of social infrastructure properties (SocialCo) from Samhällsbyggnadsbolaget i Norden AB (SBB) in...
Patrizia makes first investment in Italian student housing market

Patrizia makes first investment in Italian student housing market

Patrizia has entered the Italian student housing market with a €70m investment in the forward purchase of a new-build purpose-built student accommodation (PBSA) scheme...
Acciona, Tristan JV to develop Grade A office space in Barcelona

Acciona, Tristan JV to develop Grade A office space in Barcelona

Acciona Inmobiliaria, the real estate division of the listed Spanish company Acciona S.A., has formed a joint venture with Tristan Capital Partner’s pan-European real...
Invesco to acquire residential asset in Cambridge’s Marleigh Park

Invesco to acquire residential asset in Cambridge’s Marleigh Park

Invesco Real Estate has entered a forward commitment to acquire a 109-unit residential asset within Marleigh Park, a major masterplan development on the eastern...
Blackstone, Bourne Leisure agree sale of Butlin’s

Blackstone, Bourne Leisure agree sale of Butlin’s

Blackstone and Bourne Leisure have agreed to the sale of Butlin's, the iconic British seaside resorts, to a newly formed company backed by the...
KKR-led consortium to sell logistics facility in South Korea

KKR-led consortium to sell logistics facility in South Korea

Global investment firm KKR announced that KKR-led consortium will sell BLK Pyeongtaek Logistics Center, a newly developed multi-tenant logistics facility located in Pyeongtaek Port,...
Investor demand for European medical office buildings outpaces supply

Investor demand for European medical office buildings outpaces supply

Savills reports that investor appetite for European medical office buildings (MOBs) continues to surpass the limited availability of institutional-grade assets, driven by structural changes...
Investec closes £19.3m loan to Edmond de Rothschild for Rugby BTR development

Investec closes £19.3m loan to Edmond de Rothschild for Rugby BTR development

Investec Real Estate has provided Edmond de Rothschild Real Estate Investment Management with a 39-month, £19.3 million development loan, to support its construction of a...
Israeli hotel group buys historic hotel in London

Israeli hotel group buys historic hotel in London

Israeli hotel company Fattal Group, the owner of Leonardo Hotels UK & Ireland, has acquired the historic Dilly Hotel in London, England. Opened in 1908,...
Skanska sells office building in Solna, Sweden for €313m

Skanska sells office building in Solna, Sweden for €310m

Skanska has sold an office building, Solna United, in Solna, Sweden, for SEK3.3 billion(app. €310 million) to a fund managed by DWS. The transfer...

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