New joint venture invests £100m to boost affordable housing in London
Patrizia and London-based real estate developer Fabrix have launched a joint venture to help tackle the capital’s acute housing shortages.
The new platform, Sustainable Communities...
Unite Students acquires development site in central London
UK-based student accommodation developer and manager Unite Students has acquired a new 800-bed development site in Paddington, central London from Travis Perkins.
The company said...
LondonMetric to acquire Highcroft in all-share deal
LondonMetric Property has agreed to acquire Highcroft Investments Plc in an all-share transaction, valuing Highcroft at approximately £43.8 million.
Highcroft Investments Plc, an internally...
Commerz Real sells office complex in Frankfurt
Commerz Real has sold the Grand Campus, an office complex at Mainzer Landstrasse 151-157 in Frankfurt to the investment manager Arminius Group, which was...
Cromwell European REIT divests office building in Milan
Cromwell Property Group has sold the Piazza Affari 2 office building in Milan on behalf of Cromwell European REIT (CEREIT).
This transaction marks the first...
KKR adds seven assets to US industrial portfolio
KKR has acquired seven industrial distribution buildings totaling nearly 1.8 million square feet (SF) serving the Dallas Forth Worth and Atlanta markets.
The company paid approximately $272...
Welput secures £400m financing for Victoria office scheme
Welput, the specialist central London office fund managed by BentallGreenOak(BGO), has secured a £400m development finance facility to fund the construction of the UK's...
Railpen wins approval for City of London office scheme
Railpen, manager of the £34 billion Railways Pension Scheme, has received planning approval for the comprehensive redevelopment of 12 Smithfield, paving the way for...
GPE buys City of London building for £30m
Great Portland Estates(GPE) has announced the off-market acquisition of the long leasehold interest at 6/10 St Andrew Street for £30 million (£650 per sq ft)....
Pbb provides €113m loan to CTP for Czech logistics portfolio
Pbb Deutsche Pfandbriefbank has provided a €113m investment loan facility to CTP for a logistics portfolio in the Czech Republic.
CTP will utilise the...
Regional REIT sells Leeds office property for £10.65m
Regional REIT has sold an office property, Arena Point, in Leeds for £10.65m, representing a substantial uplift of 15.8% against the 31 December 2020 valuation.
Regional REIT said...
Almcor and Cerberus pay £50m for two UK sites
A joint venture between Almcor and Cerberus Capital Management has purchased two UK sites for £50m for its European Industrial Outdoor Storage (EIOS) platform.
The...
