Avanton and Urban & Provincial have received planning consent for the €146 mln (£130 mln) redevelopment of a former London warehouse into 262 new homes.
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The UK government announced on Friday it is working with commercial landlords and tenants on a new code of conduct to ‘encourage’ fair and transparent discussion over paying rent.
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Canadian investment giant Brookfield has become now one of British Land’s largest shareholders with the acquisition of a 7.31% stake in the UK REIT.
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Murray Birt says there is no better place for a green economic recovery than starting to renovate the 210 million buildings in the EU.
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Irish office and logistics landlord IPUT Real Estate said on Friday that it has secured a new and upsized €300 mln revolving credit facility (RCF) with US bank Wells Fargo.
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Urban Logistics REIT said on Friday that it has obtained a new £151 mln (€167 mln) five-year facility from lenders Barclays, Santander and Lloyds banks.
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UK office space provider IWG announced on Thursday that it will raise gross proceeds of £320 mln through the issue of new shares, as it looks to benefit from future demand for flexible workspace amid the coronavirus crisis.
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The prospects of Expo Real taking place as planned in October have increased following the Bavarian state government's decision to allow trade fairs to take place in the German region from 1 September.
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Hungarian investor Optima Thursday received approval from the local competition authorities to acquire private equity firm Lone Star Funds’ 61.5% stake in Warsaw-listed CEE-focused real estate developer Globe Trade Centre (GTC).
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Australian real estate investor and manager Cromwell Property Group has announced the sale of a 6-asset portfolio, including four office buildings and two unbuilt plots in the Helsinki Metropolitan area, to a fund managed by EAB Group.
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While the exact magnitude of Covid-19 and its effect on the real estate investment market remains uncertain, some European cities are already emerging as more resilient than others, according to Savills’ latest research report.
