- 16-Apr-2021
Underperforming loans have risen rapidly in the UK during the Covid pandemic, according to the latest annual UK Commercial Real Estate Lending Report.
UK REIT Hammerson confirmed on Wednesday that it has exchanged unconditional contracts on the portfolio sale of its seven retail park assets to Canadian investor Brookfield for £330 mln (€380 mln).
The Global Real Estate Sustainability Benchmark (GRESB), the Partnership for Carbon Accounting Financials (PCAF) and the Carbon Risk Real Estate Monitor (CRREM) are joining forces to provide investors and banks with a unified approach to measure and report on their financed emissions from real estate.
US REIT Global Net Lease has agreed to acquire a three property office and industrial campus in Woking, Surrey, England that serves as the world headquarters for the British Formula One team-owner and supercar maker McLaren.
Old Park Lane Management has announced the appointment of James Cooksey as new CEO after the resignation of Tim Sketchley, who is stepping down after leading the private property investment company for 12 years and will become a consultant to the business.
Tritax Big Box REIT has acquired an 872,000 sq ft (81,000 m2) distribution unit in Avonmouth for £90 mln (€104 mln), reflecting an attractive net initial yield of 5.1%.
6 City Quay, the last remaining waterfront development site in Dublin’s docklands has been placed on the market with a guide price of €35 mln. The sale is being handled by property advisor, Savills Ireland on behalf of PWC.
Old Park Lane Management has announced the appointment of James Cooksey as new CEO after the resignation of Tim Sketchley, who is stepping down after leading the private property investment company for 12 years and will become a consultant to the business.
Edmond de Rothschild Real Estate Investment Management (REIM) has completed the acquisition of its second build-to-rent residential development, the £60 mln (€50 mln) Merlin Wharf in the Waterside regeneration area of Leicester, UK.
With most of Europe still in lockdown a full year after the first Covid restrictions - and work from home policies - were imposed, PropertyEU editor-in-chief Robin Marriott wonders when it will all end.
The world’s largest serviced office provider has suffered along with others during the pandemic, but in an interview with PropertyEU, its global CIO Tom Sinclair explains where the company is going next.
Last year was undoubtedly a test for all countries, which have had to struggle with a new reality brought on by the pandemic.
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German property investment volumes plummeted 48% in the first quarter, with only €14.8 bn of assets traded in the first three months of the year, according to broker CBRE.