All PropertyEU Archive articles – Page 263
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PropertyEU ArchiveEurofund closes deal with Costco to develop European fulfilment centre
Eurofund Logistics Capital Partners (ELCP) has closed a major deal with Costco Wholesale to develop the US conglomerate’s first logistics centre in continental Europe.
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PropertyEU ArchiveULI names global CEO
Urban Land Institute (ULI) has announced the appointment of Ron Pressman as the global CEO, effective October 10, 2022.
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PropertyEU ArchiveMarshgate, Nuveen seal UK forward funding deal
Nuveen Real Estate has agreed to forward fund the development of Eos, a new 121,230 sq ft (11,260 m2), high quality industrial/hi-tech scheme in Braintree, Essex. Financial details were kept confidential.
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PropertyEU ArchiveTCC grows German operations with 3 new hires
Trammell Crow Company (TCC), a global developer and investor in commercial real estate, has appointed Christian Tretiak as director of business development, Claudia Matz as senior planning manager, and Maximillan Moser as senior development manager.
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PropertyEU ArchiveGRESB expands to cover €8.7t in real estate and infrastructure value
GRESB, the global ESG benchmark for real estate and infrastructure investments, saw the largest ever growth in total numbers in 2022, with 1,820 entities now participating worldwide.
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PropertyEU ArchiveAres, Redevco scoop up Corte Ingles department store in Barcelona
Dutch privately held investment group Redevco has joined forces with US asset manager Ares Management to acquire and redevelop the El Corte Inglés department store in the heart of Barcelona in an operation believed to be worth a total of €200 mln.
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PropertyEU ArchiveLeumi UK hires Lloyds Bank veteran as hotel portfolio director
Specialist lender Leumi UK, the British subsidiary of Israel’s international financial group Leumi, has hired hotels expert Tony Burnell as a portfolio director on the company’s hotel finance desk.
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PropertyEU ArchiveDFI, BCP find operator for major Dublin hotel
European private equity real estate investor Deutsche Finance International (DFI) and value-add real estate manager BCP Capital have signed a long-term agreement with hospitality company Ennismore to operate the Central Hotel as Ireland’s first Hoxton.
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PropertyEU ArchiveNearly a quarter of European office stock could become flex
Flex office stock in Europe will reach circa 20% of total office stock across the continent over the next 10 years, according to international advisor Savills. However, this will vary significantly by location and working culture, as the definition of what is considered ‘flex’ broadens.
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PropertyEU ArchiveCBRE IM expands European direct private infrastructure team
CBRE Investment Management (CBRE IM) has appointed Gioia Torresi and Pav Lamba as directors in its European direct private infrastructure team.
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PropertyEU ArchiveRevetas to convert Polish office projects to residential
Revetas Capital has announced plans to convert its office development portfolio in three major cities in Poland into residential, marking its entry into the Private Rental Sector (PRS).
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PropertyEU ArchiveHammerson-Allianz JV kicks off development of major resi-led scheme in Ireland
Hammerson and Allianz Real Estate announced on Monday that they have commenced construction on their first-ever Irish residential-led scheme, The Ironworks.
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PropertyEU ArchiveFattal picks up Dilly hotel in London
Fattal Group, the owner of the European hotel group Leonardo Hotels UK & Ireland, has announced the acquisition of the historic Dilly Hotel in London, England, for an undisclosed amount.
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PropertyEU ArchiveGermany’s Garbe opens Vienna office
Logistics property specialist Garbe Industrial Real Estate has announced the opening of a branch in Vienna as it looks to expand its activities to Austria.
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PropertyEU ArchiveLCP acquires brownfield site in France for 31,000 m2 logistics building
Logistics Capital Partners (LCP) has acquired a brownfield site in Amilly, France, on which it plans to redevelop a 31,400 m2 new logistics facility.
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PropertyEU ArchiveOffice occupiers faced with 10% rise in fit-out costs - Savills
Fit-out costs have increased by an average of 10% in major office markets worldwide, according to Savills Prime Office Costs (SPOC) analysis for Q3 2022.
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PropertyEU ArchiveUBS AM and Reef launch €2.9b UK life science real estate strategy
UBS AM’s Real Estate & Private Markets and UK developer Reef Group have launched a UK life sciences property strategy, securing £400 mln (€460 mln) in commitments from first close investors.
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PropertyEU ArchiveFrench and Polish projects scoop 2022 ULI Europe Awards
Two French projects and one Polish scheme have been selected as the most outstanding urban developments in Europe out of a shortlist of five finalists, the Urban Land Institute (ULI) announced on Friday.
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PropertyEU ArchiveSpain sets new Q3 record for real estate investment
Real estate investment in Spain reached €13.1 bn in 9M 2022, up 57% from the same period last year, according to BNP Paribas Real Estate.
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PropertyEU ArchiveNorfin presents €300m Lisbon neighbourhood project
Portuguese asset manager Norfin has presented a new neighbourhood concept in Lisbon that will be built on the premises of the former Alvalade stadium in Campo Grande.
