Category Archives: Real Estate

Real Estate Press Releases & News distributed via EuropaWire

Ageas and Subsidiaries Earn “Top Employer” Recertification for 2024

(IN BRIEF) Ageas, along with its subsidiaries AG, AG Real Estate, and Ageas UK, has once again achieved the prestigious “Top Employer” recertification for 2024. This recognition highlights Ageas’ commitment to fostering an empowering culture, promoting innovation, and prioritizing skill … Read the full press release

European Investment Bank Subscribes €100 Million to Inaugural Green Social Bonds by in’li for Affordable Housing

(IN BRIEF) The European Investment Bank (EIB) has invested €100 million in the inaugural issue of green social bonds by in’li, a subsidiary of the Action Logement Group focused on affordable rental housing in Île-de-France. These funds will be dedicated … Read the full press release

Skanska to Renovate and Expand DNB Livsforsikring’s Office Building in Trondheim for NOK 673M

(IN BRIEF) Skanska has secured a contract worth NOK 673 million (approximately SEK 660 million) from DNB Livsforsikring AS, via its subsidiary Trondheim Torg AS, for the renovation and expansion of an existing commercial office building in Trondheim, Norway. This … Read the full press release

Savills Expands EMEA Data Centre Advisory Team with New Appointment

(IN BRIEF) Savills has bolstered its EMEA data centre advisory team by bringing in Rupert Duckworth as an associate director at the company’s Margaret Street head office. With over six years of experience in the real estate sector, specializing in … Read the full press release

Losinger Marazzi Secures Four Sustainable Building Projects Worth €410 Million in Switzerland

(IN BRIEF) Bouygues Construction’s Swiss subsidiary, Losinger Marazzi, has been awarded four building projects in Switzerland with a combined value of 401 million Swiss francs (€410 million). These projects are dedicated to sustainability and low-carbon solutions, aligning with the country’s … Read the full press release

Plenitude Expands Its Renewable Portfolio with Acquisition of Three U.S. Solar Parks from EDPR

(IN BRIEF) Plenitude, a renewable energy company and subsidiary of Eni New Energy US Inc., has signed an agreement with EDP Renováveis (EDPR) to acquire an 80% equity stake in three operational photovoltaic plants in the United States. The Cattlemen … Read the full press release

Logicor Strengthens Bologna Presence with Sustainable Warehouse Redevelopment

(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has completed a redevelopment project in San Giorgio di Piano, Italy, enhancing its sustainability features. The project transformed the site, previously occupied by Mercatone Uno, into a … Read the full press release

Skanska Commits SEK 2 Billion Investment to Lindhagen’s Olivin Office Building

(IN BRIEF) Skanska is set to invest SEK 2 billion in Olivin, an office building that marks the initial phase of development in the Lindhagen neighborhood. This substantial investment also includes a construction contract valued at approximately SEK 1 billion, … Read the full press release

EQT AB Increases Total Shares to 1.25 Billion in December 2023

(IN BRIEF) EQT AB (publ) (“EQT”) has reported that as of December 29, 2023, the total number of shares amounts to 1,245,929,967, with 1,244,700,306 being ordinary shares and 1,229,661 being class C shares, resulting in a total of 1,244,823,272.10 votes. … Read the full press release

Nordic Investment Bank and Wellbeing Services County Collaborate on €70 Million Hospital Expansion in Finland

(IN BRIEF) The Nordic Investment Bank (NIB) has entered into a 20-year EUR 70 million loan agreement with the Wellbeing Services County (WSC) of North Savo, Finland, to fund the expansion and renovation of the “Uusi Sydän” central hospital and … Read the full press release

Skanska Secures $81 Million Contract for Renovation of Historic War Memorial Building in Nashville

(IN BRIEF) Skanska has entered into a contract with the State of Tennessee for the extensive renovation of the iconic War Memorial Building in Nashville, Tennessee, USA. Valued at USD 81 million (approximately SEK 860 million), this project will be … Read the full press release

Skanska Invests CZK 1 Billion in Eco-Friendly Residential Project in Prague

(IN BRIEF) Skanska is committing CZK 1 billion (approximately SEK 480 million) to fund the second phase of the Modransky cukrovar residential development project in Prague, Czech Republic. This phase will encompass 126 apartments and six commercial units, and it … Read the full press release

Jörg Vocke Appointed CEO of Siemens Real Estate, Succeeding Zsolt Sluitner

(IN BRIEF) Effective from March 1, 2024, Jörg Vocke will take over as the new CEO of Siemens Real Estate (SRE), the real estate subsidiary of Siemens. Reporting directly to Ralf P. Thomas, Chief Financial Officer of Siemens AG, Vocke … Read the full press release

EBRD Partners with Housing Bank to Promote Green Investment in Jordan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is facilitating environmentally friendly investment in Jordan through its Green Economy Financing Facility (GEFF) by granting a $15 million (€13.8 million) loan to the Housing Bank (HBTF). This funding package … Read the full press release

EIB Commits €100 Million to Boost Affordable and Sustainable Housing in Rostock

(IN BRIEF) In a significant development, the European Investment Bank (EIB) has approved a €100 million loan to support WIRO Wohnen in Rostock Wohnungsgesellschaft mbH, the municipal housing company in Rostock, Germany. This funding will aid WIRO in constructing 561 … Read the full press release

European Investment Bank Provides €70 Million to Enhance Elderly Care Facilities of Vivium Zorggroep

(IN BRIEF) The European Investment Bank (EIB) has signed a €70 million loan agreement with Stichting Vivium Zorggroep to support the organization’s investment plans until 2030. Vivium plans to modernize its building management approach, adapt its facilities for new care … Read the full press release

EQT Infrastructure to Acquire Majority Stake in Heritage Environmental Services, Advancing Industrial Waste Management

(IN BRIEF) EQT Infrastructure has announced its acquisition of a majority stake in Heritage Environmental Services (HES), a leading US provider of sustainability and industrial waste management services. The move aligns with EQT’s focus on investing in businesses that offer … Read the full press release

European Investment Fund and CDP Real Asset SGR Partner to Allocate €300 Million for Social Housing in Italy

(IN BRIEF) The European Investment Fund (EIF), a part of the EIB Group, has joined forces with CDP Real Asset SGR, a subsidiary of Cassa Depositi e Prestiti, to allocate €300 million towards social housing programs in Italy. This groundbreaking … Read the full press release

Logicor’s Flagship Redevelopment of Logicor Park Daventry Achieves Construction Milestone

(IN BRIEF) Logicor, a prominent European logistics real estate owner, manager, and developer, has achieved a significant construction milestone in the redevelopment of its flagship UK scheme, Logicor Park Daventry. Acquired in 2021, the site is being transformed into three … Read the full press release

Wereldhave Secures USD 50 Million US Private Placement Notes in Debt Funding Deal

(IN BRIEF) Wereldhave, a real estate investment company, has signed an agreement with US institutional investors to issue US Private Placement notes (USPP) worth USD 50 million with a seven-year tenor. This transaction follows a similar one in July 2023 … Read the full press release

KORE Insulation Introduces Low Carbon EPS Insulation for High-Efficiency Housing Development in Northern Ireland

(IN BRIEF) KORE Insulation has launched its low carbon EPS insulation, which has been selected for use in the Cloughan View housing development in Ballyclare, Northern Ireland, comprising 127 units and developed by the Braidwater Group. The high energy efficiency … Read the full press release

EIB Grants €34 Million Loan to Support Social Housing in Milan’s Sarpi District

(IN BRIEF) The European Investment Bank (EIB) has provided a €34 million loan to the Ca’ Granda Fund, managed by Investire SGR, to support the construction of new social housing units in central Milan. Over 200 apartments in the Sarpi … Read the full press release

Platform_ Completes Glasgow’s Largest Build-to-Rent Scheme, Bringing Modern Living to the City Center

(IN BRIEF) Platform_ has successfully completed its Build-to-Rent (BTR) development in Glasgow’s City Centre, which provides 498 homes and is the largest of its kind in Scotland. Constructed by GRAHAM and designed by Keppie Design, this iconic 20-story building offers … Read the full press release

Planning Consultancy Savills Expands Brighton Office Due to Increased Demand

(IN BRIEF) Savills Planning, a planning and development consultancy firm, has expanded its Brighton office to accommodate its growing team and services. The company opened its Brighton office in 2019 and has since outgrown its previous space. The team, now … Read the full press release

ABP Increases Stake in Vesteda, Enabling Affordable Rental Housing Project in Rotterdam

(IN BRIEF) Public sector pension fund ABP has raised its stake in Vesteda to a maximum of 33%, facilitating Vesteda’s acquisition of the new-build Zuiderhof project in Rotterdam. The homes in this development will be prioritized for rental to candidates … Read the full press release

Construction Commences on Vesteda’s New Zuiderhof Complex in Rotterdam

(IN BRIEF) On Wednesday, November 22, construction will begin on Vesteda’s new-build Zuiderhof complex in Rotterdam. This development, situated in the Vreewijk garden village in the Feijenoord district, will consist of 160 two, three, and four-room apartments in the mid-rental … Read the full press release

Savills Manchester Economist Emma Leung Recognized as 2023 Rising Star by IED

(IN BRIEF) Emma Leung, a senior economist at Savills in Manchester, received the Rising Star of the Year award at the 2023 Institute of Economic Development (IED) Annual Awards. The ceremony, held in Birmingham, celebrated Emma’s exceptional contributions to the … Read the full press release

New Leadership at Savills Birmingham: Victoria Burgin Takes the Helm

(IN BRIEF) Savills has appointed Victoria Burgin as the new head of its Birmingham office, effective from January 1, 2024, succeeding Simon Farrant. Burgin currently leads the property management team in Birmingham and has experience in managing high-profile portfolios and … Read the full press release

Savills Unveils New State-of-the-Art Office in Bath’s Historic Milsom Street

(IN BRIEF) Savills, a real estate firm, has relocated to a new office in Bath, UK, situated on Milsom Street, a historic shopping street. The 2,500 sq. ft. office, housed in an elegant Georgian building, offers a modern and flexible … Read the full press release

EQT and Benesse Holdings to Partner for Privatization and Growth in Japan’s Education and Nursing Care Sectors

(IN BRIEF) EQT, in collaboration with the founding family of Benesse Holdings, Inc., a leading education and nursing care provider in Japan, is set to initiate a Tender Offer to privatize the company, which is listed on the Tokyo Stock … Read the full press release

Logicor Expands European Logistics Real Estate Presence in Rheine with Sustainable Development

(IN BRIEF) Logicor, a prominent player in European logistics real estate, is increasing its footprint in Rheine, a strategic business location. Currently, a logistics property with two units covering approximately 20,000 square meters (Rheine II) is under construction on Sandkampstrasse … Read the full press release

Logicor Launches Sustainable Logistics Property Development in Rome, Italy

(IN BRIEF) Logicor, a leading European logistics real estate company, has commenced construction on a new 24,000-square-meter property in Rome, Italy, set for completion in late 2024. Situated on a 97,000-square-meter industrial site owned by the Mazer Fund, this project, … Read the full press release

EQT Partners with Nobel Prize Outreach for Seminar on AI’s Role in Finance and Diversity

(IN BRIEF) EQT, an International Partner of Nobel Prize Outreach, recently hosted a seminar in conjunction with Nobel Prize Outreach’s conference in Seoul, South Korea, focused on “Future Learning: Exploring Science & Technology.” The seminar discussed the impact of generative … Read the full press release

EQT Infrastructure to Acquire Statera Energy, Boosting UK’s Flexible Energy Generation and Storage

(IN BRIEF) EQT Infrastructure has announced its acquisition of Statera Energy Limited from InfraRed Capital Partners, a move that aligns with the evolving landscape of the UK’s energy sector. As the country shifts towards decarbonization and increased electrification, the role … Read the full press release

Lightsource bp Strengthens Presence in Italy with New Milan Office

(IN BRIEF) Lightsource bp, a prominent renewable energy company, has inaugurated its new office in Milan, Italy, signaling its commitment to the Italian market and the substantial potential for solar and energy storage projects in the country. With a pipeline … Read the full press release

CapMan Hotels Fund Partners with Lapland Hotels for Expansion in Oulu, Finland

(IN BRIEF) CapMan Hotels II fund has entered into an agreement to acquire “KOY Oulun Kuvernööri,” a five-story office property in Oulu city center, Finland. The plan is to transform the building into an extension of Lapland Hotels Oulu, increasing … Read the full press release

Giles Sutcliffe Joins Savills as Director for Affordable Housing Valuations

(IN BRIEF) Savills has welcomed Giles Sutcliffe as Director to its Affordable Housing Consultancy team, where he will lead housing valuations for portfolios, new developments, land opportunities, and Section 106 planning agreements. With almost 30 years of experience in affordable … Read the full press release

Global Listed Real Estate Sees Hope Amidst Challenges: Improving Economic Outlook and Bargain Valuations Offer Opportunities

(IN BRIEF) Global listed real estate has experienced a significant correction, with a 25% drop in EUR terms since the beginning of 2022, leading to property companies trading at a 20% discount to their net asset value (NAV). In Europe, … Read the full press release

“The Place” Education and Community Center Opens in Westfield for Taster Sessions

(IN BRIEF) A new education and community space called “The Place” has opened in Westfield, offering residents access to a range of opportunities. The initiative was approved by the City of York Council, which leased Sanderson House to the University … Read the full press release

Logicor and Leroy Merlin Strengthen Logistics Collaboration in Poland

(IN BRIEF) Logicor, a major European logistics real estate company, has renewed and expanded its partnership with Leroy Merlin, a well-known French hypermarket chain. As part of this agreement, Leroy Merlin will occupy approximately 50,000 square meters of warehouse space … Read the full press release