Category Archives: Real Estate

Real Estate Press Releases & News distributed via EuropaWire

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

CapMan Announces Date for 1–9 2023 Interim Report Release and Webcast Presentation

(IN BRIEF) CapMan, a leading investment and asset management company, has scheduled the release of its interim report for the period from 1 January to 30 September 2023. The report will be published on Thursday, 26 October 2023, at approximately … Read the full press release

CTP Leases 20,000 sqm to Mercata VT for Expansion in CTPark Belgrade City

(IN BRIEF) CTP, the largest listed developer, owner, and manager of industrial and logistics properties in Europe by gross lettable area (GLA), has leased approximately 20,000 sqm of industrial and warehouse space at CTPark Belgrade City to Mercata VT, a … Read the full press release

CTP Achieves BREEAM Outstanding Certification for Groundbreaking Industrial Building in Romania

(IN BRIEF) CTP, a major developer and manager of industrial and logistics spaces in Continental Europe, has achieved the first BREEAM Outstanding certification for an industrial building in Romania. The certified building, BUW 20-21, is part of CTPark Bucharest West … Read the full press release

GRAHAM and Europa’s Crown Works Development in Birmingham Nears Completion of 203 Private Rental Units

(IN BRIEF) GRAHAM and Europa are progressing in their joint effort to develop 203 new homes for the private rented sector in Birmingham as the Crown Works development reaches its topping-out milestone. These apartments, developed by Xian Developments for Europa, … Read the full press release

Proptech Pioneer GROPYUS Collaborates with Automation Expert KUKA for Automated Modular Construction

(IN BRIEF) GROPYUS, a proptech firm specializing in sustainable modular construction, and KUKA, an automation specialist, have announced a groundbreaking collaboration to create a fully automated and digitally managed production facility at GROPYUS’s Richen site in Germany. The investment, valued … Read the full press release

SUEZ’s New Eco-Friendly HQ: Altiplano in La Défense, Paris

(IN BRIEF) SUEZ, a global environmental services leader, is relocating its headquarters to Altiplano, a sustainable building in La Défense, Paris. The move, scheduled for early 2025, underscores SUEZ’s commitment to providing eco-friendly workplaces for its employees. Altiplano offers extensive … Read the full press release

EQT to Sell LimaCorporate to Enovis Corporation, Creating Global Orthopaedic Industry Leader

(IN BRIEF) EQT, in collaboration with its co-shareholders, has agreed to sell LimaCorporate, a global orthopaedic implant manufacturer, to Enovis Corporation, a NYSE-listed company. LimaCorporate, known for its innovative orthopaedic solutions and additive manufacturing expertise, specializes in shoulder, knee, and … Read the full press release

Global Real Estate Valued at $379.7 Trillion in 2022, Surpassing Equities and Debt Securities Combined, Reports Savills

(IN BRIEF) Savills has revealed that the total value of global real estate, including residential, commercial, and agricultural properties, reached $379.7 trillion in 2022, solidifying its status as the world’s most significant store of wealth. This value exceeds the combined … Read the full press release

Industrial Outdoor Storage in Europe Set for Robust Growth, Says Savills Report

(IN BRIEF) Savills’ latest Spotlight report predicts substantial expansion in Europe’s industrial outdoor storage (IOS) sector, with a projected annual investment growth rate of 4.5% over the next five years. IOS facilities, designed to accommodate outdoor storage needs for various … Read the full press release

ABP Appoints Rob Morton as Lead Property Asset Manager to Drive Investment Expansion

(IN BRIEF) Associated British Ports (ABP), the UK’s primary port operator, is expanding its investment portfolio by appointing Rob Morton as the Lead Property Asset Manager in its Humber-based property team. Rob will be responsible for identifying new business opportunities, … Read the full press release

Maersk Launches Technology-Driven Warehousing & Distribution Facility in Douala, Cameroon

(IN BRIEF) A.P. Moller – Maersk (Maersk) has inaugurated a modern Warehousing & Distribution (W&D) facility in Douala, Cameroon, to meet the increasing demand for goods, especially in the FMCG sector, driven by the expansion of the middle-class population in … Read the full press release

New Names Revealed for Vestide/Woonbedrijf’s Student Housing Buildings on TU/e Campus

(IN BRIEF) The names of three new student housing buildings, comprising a total of 735 units on the TU/e campus, have been unveiled by Roy Beijnsberger, General Director/Board Member of Woonbedrijf, and Robert-Jan Smits, President of the TU/e Executive Board. … Read the full press release

CTP Reveals Growth Ambitions and Positive Lease Signings in 2023

(IN BRIEF) CTP N.V., Europe’s largest listed owner, developer, and manager of logistics and industrial real estate, hosted its 2023 Capital Markets Day in Brno, Czech Republic, followed by asset tours in multiple countries. During the event, the company highlighted … Read the full press release

EIB Funds State-of-the-Art Children’s Hospital in Burgas, Bulgaria, Pioneering 21st Century Healthcare

(IN BRIEF) The European Investment Bank (EIB) has signed a €12.8 million loan agreement with the Municipality of Burgas in Bulgaria to co-finance the construction of a specialized children’s hospital. This modern facility, equipped with zero-emission technologies, aims to provide … Read the full press release

Leadership Transition at Savills: Caroline Pontifex to Lead KKS Savills

(IN BRIEF) Savills, the international real estate advisor, has appointed Caroline Pontifex as the new head of its workplace consultancy and design studio, KKS Savills. Caroline brings over 35 years of experience and specializes in occupier and workplace strategy. She … Read the full press release

MUTE+ Sound Absorbers Reach New Heights: Lindner Group Introduces Baffle Ceiling Options

(IN BRIEF) Lindner Group, a renowned interior solutions provider, has expanded its MUTE+ sound absorber range to include innovative baffle ceilings. This expansion offers new design possibilities for interior acoustics optimization, improving the quality of life and work in various … Read the full press release

Sustainability Milestone: CapMan Hotels Fund Slashes Energy Usage Amidst Market Rebound

(IN BRIEF) The CapMan Real Estate Hotels Fund has made significant strides in transforming its portfolio towards sustainability between 2021 and 2022. Despite a post-pandemic market resurgence, the fund achieved a 37% reduction in CO2 emissions and a remarkable 8% … Read the full press release

French Capital’s European Real Estate Investments Surge in H1 2023, Spain Tops Destination

(IN BRIEF) According to Savills research, French capital invested in European real estate reached nearly €3.2 billion in H1 2023, constituting 10% of all cross-border investments. This represents a significant increase from the 5% share recorded in the previous year … Read the full press release