PropertyEU ArchiveHSBC signals intentions to leave Canary Wharf, downsize by 50% - report
Europe's largest bank, HSBC, has signalled its intentions to leave its UK headquarters in Canary Wharf in 2027 when the lease ends, according to a report from Reuters.
PropertyEU ArchiveAEWU sells Glasgow office earmarked for student scheme
AEW UK REIT (AEWU) has divested an office asset in Glasgow, UK, to a subsidiary of IQ Student Accommodation, for £9.3 mln (€11 mln).
PropertyEU ArchivePrologis Europe inked 54% more leases in 2016
Leading industrial and logistics operator Prologis has announced that it ended 2016 with 96.7% occupancy in Europe, after signing new leases and renewals totalling 718,000 m2 in the fourth quarter of the year. The total tenancy deals inked in Europe during 2016 reached 3.5 mln m2, an increase in volume ...
PropertyEU ArchiveWhitbread sells Premier Inn projects to M&G and Aviva for €240m
Whitbread Group has inked sale-and-leaseback deals with M&G Investments and Aviva worth €240 mln for two Premier Inn projects in London.
PropertyEU ArchiveWP Carey buys Polish warehouse for €32m
WP Carey, via its US-based non-traded REIT CPA:17, has completed a €32 mln sale-and-leaseback deal for a cold-storage warehouse with Greenyard in Poland.
PropertyEU ArchiveDalata acquires Clayton Hotel Cardiff for €27m
Dalata Hotel Group has acquired the freehold interest in the Clayton Hotel Cardiff for £24 mln (€27 mln).
PropertyEU ArchiveFranco-Belgian alliance creates transport REIT
Foncière Atland, AG Real Estate and CETIM have created OPCI Transimmo, a leveraged REIT to invest in public transportation real estate.
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