Category Archives: Real Estate

Real Estate Press Releases & News distributed via EuropaWire

Georg Jensen to Open Flagship Store on London’s Bond Street in 2023

(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

Prime Warehouse Costs Surge Globally, Sydney Overtakes Hong Kong in Savills Report

(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

Savills Partners with National Grid on Land and Property Framework to Support Net Zero Goals

(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

Homeowners Eye Greener Homes, But Cost Remains Hurdle: NatWest Greener Homes Attitude Tracker

(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

Desire for Sustainable Homes Persists Despite Cost Barrier, Says NatWest’s Greener Homes Attitude Tracker

NatWest Survey: UK Regional Business Activity Slows in July 2023, Employment Holds Steady while Inflation Trends Vary

(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

Savills Foresees Normalcy Returning to Global Industrial Investment Market by Year-End, Office Markets Showing Stabilization Signs

(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

Savills Enhances Heritage and Townscape Team with Dual Senior Consultants

(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

QRT Declares Initial Public Offering for Real Estate Income Trust, Offering Up to $5 Billion in Common Stock

(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

Environmental Consultancy Firm LUC Leases Office Space in Manchester’s Fourways Building Amidst Strong Demand for Characterful Spaces

(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

Savills Completes Sale of In ‘N’ Out Centres in Cardiff for £1.35 Million

(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

Logicor’s Ambitious Redevelopment Plan Creates Modern and Sustainable Logistics Hub in the UK’s Golden Triangle

(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

Savills Bolsters Healthcare Valuations Team with New Associate Director

(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

Logicor Expands Presence in France with Acquisition of Urban Logistics Development near Paris

(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

Savills Strengthens Social Value Team with Appointment of Michael Blake

(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

Hempel Successfully Divests Assets in Russia to Atomstroykomplex

(IN BRIEF) Hempel, a global coatings manufacturer, has successfully completed the divestment of its assets in Russia. The company obtained the necessary approvals from both Danish and Russian authorities for the transaction. Atomstroykomplex has acquired Hempel’s legal entity in Russia, … Read the full press release

Rico Picenoni appointed Head of Savills Global Residential Development Consultancy

(IN BRIEF) Rico Picenoni has been appointed as the head of Savills Global Residential Development Consultancy. Based in London, he joins from Savills Dubai, where he served as a director in the team of branded residential specialists for two years. … Read the full press release

EU Parliament Enacts Legislation to Boost Energy Efficiency and Tackle Climate Crisis

(IN BRIEF) The European Parliament has adopted new energy efficiency rules as part of the European Green Deal. The legislation sets targets for reducing energy consumption by 11.7% at the EU level by 2030, compared to projected figures. Member states … Read the full press release

Research Reveals Misconceptions Hindering Homeowners from Energy Efficiency Retrofits

(IN BRIEF) A study by Barclays and Ipsos has identified misconceptions as a key factor preventing homeowners from making energy efficiency retrofitting upgrades to their homes. The research highlights that homeowners overestimate the cost of common energy efficiency modifications and … Read the full press release

Siemens Partners with PRODEA Investments for Digital Transformation and Sustainability of Real Estate Portfolio

(IN BRIEF) Siemens, a global technology company, has teamed up with PRODEA Investments, a leading real estate investment company in Greece and Southeast Europe, to implement Building X, a digital building platform. The partnership aims to accelerate PRODEA Investments’ digital … Read the full press release

Logicor Leases Space to Leading European Toy Provider at Logicor Houplines Logistics Park in France

(IN BRIEF) Logicor, a prominent logistics real estate company in Europe, has leased approximately 40,000 sqm of space to a leading European provider of toys and children’s entertainment at Logicor Houplines Logistics Park in France. The site will undergo redevelopment … Read the full press release

Savills Completes £18m Land Sale for Potential 600 New Homes in Ipswich, Suffolk

(IN BRIEF) Real estate advisor Savills has completed an £18m land sale on behalf of a private landowner, paving the way for the potential construction of 600 new homes on the outskirts of Ipswich, Suffolk. The 82-acre site, situated across … Read the full press release

Savills Supports Legacy Hotels & Resorts in Developing Bespoke ESG Strategy

(IN BRIEF) Savills Sustainability Consultancy has successfully assisted Legacy Hotels & Resorts in creating a customized Environmental, Social, and Governance (ESG) strategy that will guide the company’s goals over the next three years. Legacy Hotels & Resorts, a prominent hotel … Read the full press release

University of Warwick Innovation Campus in Stratford-upon-Avon Advances Growth Plans

(IN BRIEF) The University of Warwick’s plans to expand its Innovation Campus in Stratford-upon-Avon have taken a significant step forward as Stratford-on-Avon District Council has approved a Supplementary Planning Document (SPD) to guide its long-term growth. The SPD, designed and … Read the full press release

Logicor Raises Funds for Horizons Scholarship Program Through Charity Cycling Event

(IN BRIEF) Logicor, together with its business partners, has raised PLN 31,000 (EUR 7,000) for the Horizons Scholarship Program by the Roman Czernecki Educational Foundation (EFC). The initiative was carried out through “Race’n’Raise,” a charity cycling race covering a 300 … Read the full press release

Record-Breaking Year for Savills Auctions Leads to Appointment of Gary Murphy as Director

(IN BRIEF) Gary Murphy, a renowned figure in the real estate industry, has joined Savills as Director of its expanding auctions business. Murphy brings with him extensive experience, having founded Allsop’s residential auctions team 37 years ago. Savills Auctions experienced … Read the full press release

VINCI Immobilier Appoints Virginie Leroy as President, Successor to Olivier de la Roussière

(IN BRIEF) Virginie Leroy has been appointed as the President of VINCI Immobilier, effective August 1, 2023. Leroy, who joined VINCI Immobilier in 2010, has held various positions within the company, including Head of Business Property Projects and Managing Director … Read the full press release

Flexible Workspaces and Innovative Design: Lindner Group Enhances Berlin’s Alexanderplatz

(IN BRIEF) Lindner Group has completed a tenant fit-out and technical building infrastructure project at the Pressehaus Podium in Berlin’s Alexanderplatz district. The modern working environments cater to media professionals and offer flexible office spaces for dynamic companies. Lindner’s comprehensive … Read the full press release

Demand Soars for Savills Auctions, Prompting Recruitment Drive and Record Property Sales

(IN BRIEF) Savills Auctions has announced the addition of three new recruits to its team to meet the growing demand for its auction services. The hires bring expertise across the commercial sector, and their appointments come after a record-breaking year … Read the full press release

Transparent and Credible: Citycon Enhances Sustainability Efforts with Updated Strategy for a Greener Future

(IN BRIEF) Citycon, a real estate company, has updated its sustainability strategy to align with its ambitious goals for 2030. The new strategy focuses on six key areas: carbon neutrality, sustainable mobility, community engagement, sustainable value chain, circularity and natural … Read the full press release

EIB Group and Santander Launch First Synthetic Securitization Transaction for Energy Efficiency in Portugal

(IN BRIEF) The EIB Group and Santander have signed an agreement to support energy efficiency investments in Portugal through a synthetic securitization transaction. The partnership aims to finance the construction of nearly-zero-emissions buildings and the renovation of existing residential properties … Read the full press release

ECE’s Andreas Mattner to step down from Managing Director role in May 2023

(IN BRIEF) Dr. Andreas Mattner, the Managing Director of ECE Development & Consulting, will be leaving ECE on May 31, 2023, as planned, due to reasons of age. He played a significant role in building ECE’s division for the development … Read the full press release

Lloyds Banking Group and Crisis Launch New Lettings Agency to Tackle Homelessness

(IN BRIEF) Lloyds Banking Group has teamed up with homelessness charity Crisis in a two-year partnership to tackle the shortage of affordable homes in Great Britain. The partnership aims to build one million new affordable homes for people on low … Read the full press release

EBRD loan to fund two residential rental projects in Warsaw to address housing shortage

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a loan equivalent to €50 million to NREP Nordic Strategies Fund IV’s Polish subsidiaries for two residential rental projects in Warsaw. The loan includes an uncommitted tranche for … Read the full press release

Matthijs Storm Reappointed as CEO of Wereldhave for Four-Year Term

(IN BRIEF) Wereldhave has announced the (re)appointment of key members of its Executive and Supervisory Boards after approval by the Annual General Meeting of shareholders. Matthijs Storm has been reappointed as CEO for a term of four years, following a … Read the full press release

Santander e BNP Paribas’ UCI lançam Fundo para Residências Sustentáveis em Espanha e Portugal com 440 milhões de euros do EIB, ICO e EIF

(NOTÍCIA EM BREVE) A joint venture do Banco Santander e do Grupo BNP Paribas, a Unión de Créditos Inmobiliarios (UCI), lançou um fundo de securitização chamado RMBS Green Prado XI, que visa financiar residências residenciais sustentáveis na Espanha e em … Read the full press release

Santander and BNP Paribas’ UCI Launches Fund for Sustainable Residential Homes in Spain and Portugal with €440m from EIB, ICO, and EIF

(IN BRIEF) Banco Santander and BNP Paribas Group’s joint venture, Unión de Créditos Inmobiliarios (UCI), has launched a securitisation fund called RMBS Green Prado XI that aims to finance sustainable residential homes in Spain and Portugal. The European Investment Bank … Read the full press release

EIB und Gewobag bauen über 2.000 bezahlbare Wohnungen in Berlin

(IN KÜRZE) Gewobag, ein landeseigenes Wohnungsunternehmen in Berlin, hat sich von der Europäischen Investitionsbank (EIB) ein Darlehen in Höhe von 300 Millionen Euro gesichert, um bis 2026 über 2.165 neue Wohnungen zu bauen. Die Finanzierung wird auch dazu beitragen, 350 … Read the full press release

EIB and Gewobag to Build Over 2,000 Affordable Flats in Berlin

(IN BRIEF) Gewobag, a state-owned housing company in Berlin, has secured a €300 million loan from the European Investment Bank (EIB) to build over 2,165 new flats by 2026. The funding will also help establish 350 positions at childcare centers … Read the full press release

Logicor Provides Modern and Customized Logistics Solutions for The Home’s Future Growth

(IN BRIEF) Online furniture retailer, The Home, has signed a lease contract with logistics real estate firm Logicor, for c. 8,000 sqm of space at the Logicor Bucharest II Logistics Park. The Home will use the space to distribute its … Read the full press release

Il centro commerciale Pep, una delle 5 migliori destinazioni per lo shopping in Germania, acquisisce nuovi proprietari

(NOTIZIA IN BREVE) Generali Real Estate ed ECE Real Estate Partners hanno acquisito una quota del 50% ciascuno nel centro commerciale Pep, situato nel quartiere Neuperlach di Monaco. L’operazione è stata condotta per conto rispettivamente del Generali Shopping Center Fund … Read the full press release