Sumitomo, BRG Group form JV for $4bn smart city project
Japanese Sumitomo Corporation and Vietnamese BRG Group have established a joint venture, a real estate development company, for the purpose of building a smart city...
Qualitas, Pelligra to develop mixed-use industrial project in Melbourne
Australian real estate investment management firm Qualitas has formed a joint venture with Melbourne-based developer Pelligra to develop a A$500m mixed-use industrial precinct, Assembly...
South Yorkshire Pension Fund backs Panattoni’s industrial hub with £54m loan
South Yorkshire Pension Fund (SYPF) has made its largest single-project investment to date, lending £54 million to support the development of Panattoni Park Central...
Helical divests Farringdon office building for £43.5m
Helical plc has sold 25 Charterhouse Square, a Grade A office building in London, EC1, to Ares Management's real estate fund for £43.5 million.
The...
M&G pledges £1bn for new rental housing in London and major UK cities
M&G Real Estate has announced a £1 billion commitment to develop more than 3,000 rental homes across London and major regional cities, including Manchester,...
Wallenstam secures ownership of Stockholm’s Sergel’s Scraper
Wallenstam has taken ownership of the Sergel’s scraper (Stigbygeln 5), the fifth of the famed Hötorget scrapers adjacent to the bustling Sergels Torg square...
Industrials REIT sells interest in German care home joint venture
UK-listed multi-let industrial (MLI) property company Industrials REIT has sold its interest in a German care home joint venture.
The deal completes Industrials REIT's...
Orchard Street buys industrial estate in Greater London for £40m
Orchard Street Investment Management (‘Orchard Street’), the commercial property investment manager, focused on the UK market, has acquired a prime industrial estate in Chessington,...
Service Properties Trust sells industrial property for $51m
Service Properties Trust (Nasdaq: SVC), a real estate investment trust, or REIT, has sold a 674,143 square foot industrial property located at 555 Turnpike...
Barings completes sale of two logistics assets in Italy
Barings has completed the sale of two logistics assets in Mantua, Italy, on behalf of its pan-European logistics joint venture (PELV).
The assets, owned...
Central London office investment expected to reach £2.1b in Q1
Investment volumes in the Central London office market for Q1 2023 are expected to reach £2.1bn, according to JLL.
The real estate adviser’s provisional...
Prologis boosts Greater London logistics strategy with new development site
Prologis UK has purchased a 24-acre development site in North London, further strengthening its presence in the capital.
Positioned just off Junction 26 of...
