(IN BRIEF) The UK government has allocated £18.5 million to fund four Green Transition Ecosystem projects aimed at addressing ecological challenges through design-based solutions. The initiatives encompass various areas, including retrofitting houses for improved energy efficiency, sustainable medical equipment usage, … Read the full press release
Posted in Business, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Real Estate, United Kingdom
Tagged Arts and Humanities Research Council (AHRC), Christopher Smith, Design Museum, Ecological Challenges, Ecosystem Projects, green transition, Justin McGuirk, Lord Callanan, partnership, sustainability, UK, UKRI
(IN BRIEF) Logicor, a prominent logistics real estate developer, owner, and manager in Europe, has finalized the acquisition of a logistics greenfield development site in Lelystad, Netherlands. The site spans over 61,000 m2 and will host the construction of three … Read the full press release
(IN BRIEF) Efterklang, a part of AFRY, has been honored for its inventive and creative utilization of sound design and audio branding. The customized sound design concept created for the NOFO Hotel & Wine Bar in Stockholm has been recognized … Read the full press release
Posted in Awards, Business, Industrial, Infrastructure & Utilities, Management, News, Real Estate, Sweden, Technology
Tagged AFRY, Alexander Alkesten, Efterklang, NOFO Hotel & Wine Bar, red dot award, sound design
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a loan of up to €25 million to LifeSpot, a residential rental accommodation operator in Poland. The loan aims to address Poland’s housing shortage, which has been exacerbated … Read the full press release
Posted in Banks, Business, Financial, Industrial, Management, News, Real Estate, United Kingdom
Tagged EBRD, Housing Shortage, Klajd Hasimi, LifeSpot, Marek Obuchowicz, Poland, Refugee Influx
(IN BRIEF) Skanska has entered into an agreement with the Municipality of Bergen in Norway to construct the Midtbygda care home. The contract is valued at approximately NOK 548 million (about SEK 550 million) and will be part of Skanska’s … Read the full press release
(IN BRIEF) Inditex’s fashion brand, Stradivarius, is set to debut in Germany at the ECE shopping center, Milaneo Stuttgart. The leasing contract has been signed, and the store is scheduled to open in November 2023, marking the brand’s first-ever store … Read the full press release
(IN BRIEF) Georg Jensen, a Danish jewellery designer, is set to open a new flagship store at 108 Bond Street by the end of 2023. The three-story store will cover approximately 5,000 sq ft and showcase the brand’s designer jewellery, … Read the full press release
(IN BRIEF) Total costs for prime warehousing space, including rents, service charges, and taxes, have increased by 10.1% over the 12 months leading up to June 2023, surpassing the 8% annual increase recorded between 2021 and 2022, according to Savills … Read the full press release
Posted in Business, Financial, Industrial, Investment, Marketing, News, Real Estate, United Kingdom
Tagged Financial, Hong Kong, Paul Tostevin, Prime Warehouse Costs, Savills, Sydney, World Research
(IN BRIEF) Savills, a real estate services provider, has secured a five-year framework contract with National Grid UK Land and Property. Starting in September 2023, this partnership will support National Grid’s efforts to achieve its net zero targets. Savills will … Read the full press release
(IN BRIEF) The latest Greener Homes Attitude Tracker by NatWest and S&P Global reveals that 66% of homeowners plan to make improvements to the environmental sustainability of their properties within the next ten years. While a high Energy Performance Certificate … Read the full press release
Posted in Banks, Environment, Financial, Investment, Management, News, Real Estate, United Kingdom
Tagged Eye Greener Homes, Greener Homes Attitude Tracker, Homeowners, Lloyd Cochrane, NatWest, sustainability
(IN BRIEF) A study by NatWest and S&P Global reveals that while one in four millennials consider a high Energy Performance Certificate (EPC) rating essential when buying a home, the cost of sustainable home improvements remains a significant barrier. Homeowners … Read the full press release
Posted in Banks, Business, Environment, Financial, Management, News, Real Estate, United Kingdom
Tagged Cost Barrier, Greener Homes Attitude Tracker, Lloyd Cochrane, NatWest, sustainability, Sustainable Homes
(IN BRIEF) Savills predicts a return to normalcy in the global industrial investment market by the end of 2023, as the interest rate cycle stabilizes and inflation cools. Despite suppressed global office investment volumes, some areas are showing signs of … Read the full press release
(IN BRIEF) Savills has announced the addition of Trystan Lever and Harry Smith as senior consultants to its expanding Heritage and Townscape team. With diverse backgrounds in both commercial and local government sectors, Trystan and Harry will be based in … Read the full press release
(IN BRIEF) EQT Exeter Real Estate Income Trust, Inc. (EQRT) has announced the effectiveness of its Registration Statement on Form S-11 for its initial public offering of common stock. The company plans to offer up to $5 billion in shares … Read the full press release
Posted in Business, Financial, Investment, Management, News, Real Estate, Sweden
Tagged EQRT, EQT, Financial, QRT, Real Estate Income Trust
(IN BRIEF) Savills, an international real estate advisor representing XLB & Pictet Alternative Advisors, has secured a new ten-year lease at Fourways in Manchester for environmental consultancy firm LUC (Land Use Consultants). LUC has acquired 2,241 sq ft of office … Read the full press release
Posted in Business, Industrial, Infrastructure & Utilities, Management, News, Real Estate, United Kingdom
Tagged Daniel Barnes, Fourways Building, LUC, Manchester, office space, Savills
(IN BRIEF) Savills, acting on behalf of MVJ Capital, has successfully sold the In ‘N’ Out Centres, Drive Thru MOT, and Servicing Centre in Cardiff to a private property company for £1.35 million. The property, spanning 3,682 sq ft, features … Read the full press release
Posted in Automotive, Business, Industrial, Infrastructure & Utilities, Management, News, Real Estate, United Kingdom
Tagged Cardiff, In 'N' Out Centres, Matthew Pearcey, MVJ Capital, Ross Griffin, Savills
(IN BRIEF) Logicor, a prominent logistics real estate owner and manager in Europe, is embarking on its largest redevelopment project in the UK. The site, located in the Midlands, within the Golden Triangle logistics hub, will be transformed into Logicor … Read the full press release
(IN BRIEF) Savills, the international real estate advisor, has appointed Katarina Szinekova as an Associate Director in Healthcare Valuations to support the expansion plans of its Healthcare & Senior Living team within the Operational Capital Markets division. With over 10 … Read the full press release
Posted in Business, Healthcare, Industrial, Management, News, Real Estate, United Kingdom
Tagged appointment, Associate Director, Healthcare Valuations Team, Katarina Szinekova, leadership, Rick Savage, Savills
(IN BRIEF) Logicor, a leading logistics real estate company in Europe, has acquired an urban logistics development in the west of Paris from Scannell Properties. The undisclosed deal involves a forward funded speculative development of a modern warehouse spanning approximately … Read the full press release
Posted in Business, France, Industrial, Management, News, Real Estate, Transportation & Logistics, United Kingdom
Tagged acquisition, France, Hugues Desbarrieres, Laurent Dubos, Logicor, Paris, warehouse
(IN BRIEF) Savills, a leading global real estate services provider, has appointed Michael Blake as an associate director in its social value team as part of the expanding Savills Earth offering. With a decade of experience in social value and … Read the full press release
Posted in Business, Industrial, Management, News, Real Estate, United Kingdom
Tagged appointment, leadership, Michael Blake, Savills, Social Value Team, Wesley Ankrah
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