LondonMetric sells five distribution warehouses for £35m
LondonMetric Property has agreed to sell five distribution warehouses in two transactions for £34.8 million, reflecting a NIY of 5%.
Four of the assets have...
Malaysia’s Gamuda, Castleforge buy Deutsche Bank’s UK HQ for £257m
A joint venture between Malaysian construction firm Gamuda Bhd and UK-based real estate private equity investor Castleforge has acquired Winchester House London, the current UK...
Kennedy Wilson to add new industrial units to UK portfolio
Development has commenced at two new industrial units totaling more than 250,000 square feet at Vaughan Park, a 28-acre industrial estate in the Black...
PGIM Real Estate launches French urban logistics platform
PGIM Real Estate has launched Proxilog REIM, an urban logistics investment platform in France.
The company is owned by PGIM Real Estate’s closed-ended European value-add strategy,...
AEW UK REIT acquires retail warehousing unit in Preston
AEW UK REIT has purchased a freehold solus retail warehousing unit in Bamber Bridge, Preston for £6,450,000, reflecting a low capital value of £110 per sq ft and an attractive net...
CBRE IM sells two retail assets in Sweden to Niam
CBRE Investment Management, on behalf of a European shopping centre strategy, has sold two retail assets in Sweden to real estate investment firm...
Savills IM buys distribution centre in the Netherlands
International real estate investment manager Savills Investment Management (Savills IM) has acquired the Rapid Logistics distribution centre in the Schiphol Trade Park, Netherlands, in an...
Skanska signs €50m contract to build new apartments in Helsinki
Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki, Finland.
The contract is worth €50M, about SEK...
Clarion Partners pays £52m for two warehouses in UK
Clarion Partners Europe has acquired two distribution warehouses, totalling 438,444 sq ft, in Peterborough, UK, for £52 million from Equites Property Fund..
The investments represent...
M7 buys four last mile logistics properties in Portugal
M7 Real Estate has acquired four last mile logistics properties in Portugal, via three separate off-market transactions, on behalf of funds managed by Blackstone.
The...
Bristol office rents grow at fastest rate of any UK regional city
Bristol’s office market recorded 12% rental growth over 2022, according to leading global property adviser Knight Frank, the strongest growth rate of any UK...
LondonMetric sells multi-let industrial portfolio for £46m
LondonMetric Property has sold a portfolio of three multi-let industrial estates for £46 million, which reflects a NIY of 5.8%.
The disposal is slightly...
