Category Archives: Real Estate

Real Estate Press Releases & News distributed via EuropaWire

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

Savills and Gerald Eve Seek Forward Funding Partner for Dominus’ £200 Million ‘Medlock Tower’ Student Accommodation in Manchester

(IN BRIEF) Savills and Gerald Eve have been appointed by developer Dominus to find a forward funding partner for a student accommodation project in Manchester, known as “Medlock Tower.” The £200 million development will consist of a 37-story super-prime student … Read the full press release

Homes England Seeks Development Partner for DeHavilland Park: A Promising Solution to Hertfordshire’s Housing Needs

(IN BRIEF) Homes England, the government’s housebuilding accelerator, is seeking a preferred development partner for a 135-acre site at the former Panshanger Aerodrome in Hertfordshire, now known as DeHavilland Park. The site has been granted permission for 860 residential properties, … Read the full press release

Leading Real Estate Firm EQT Exeter Expands European Presence with New Partner

(IN BRIEF) EQT Exeter has appointed Tom Livelli as a Partner, based in Madrid, to lead the expansion of its European multi-family platform. Tom brings significant experience from his previous role as Senior Managing Director at Greystar, where he oversaw … Read the full press release

CapMan Infra Expands Northern European Data Centre Platform with Investment in Fuzion

(IN BRIEF) CapMan Infra has made an investment in Fuzion, a Danish data centre colocation provider, marking the company’s second move in creating a northern European data centre platform following its acquisition of Serverius in May 2023. Fuzion, known for … Read the full press release

CapMan Real Estate Completes Transformation of Red Warehouse into Modern Office Space for BCG Denmark

(IN BRIEF) CapMan Real Estate has completed the transformation of the historic Red Warehouse into a modern and distinctive office space, welcoming Boston Consulting Group Denmark (BCG) as its sole tenant. The 140-year-old building has been rebuilt to incorporate state-of-the-art … Read the full press release

UK Allocates £18.5 Million for Green Transition Ecosystem Projects to Tackle Ecological Challenges

(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

Logicor Expands Logistics Portfolio with Acquisition of Greenfield Development in Lelystad, Netherlands

(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

Efterklang’s Sound Design for NOFO Hotel & Wine Bar Earns Coveted Red Dot Award

(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

EBRD Supports LifeSpot in Tackling Poland’s Housing Shortage Amid Refugee Influx

(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

Skanska to Construct Ambitious and Climate-Friendly Care Home in Bergen, Norway, Valued at SEK 550 Million

(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

Stradivarius Set to Make Debut in Germany’s ECE Shopping Center at Milaneo Stuttgart, Expanding Inditex’s Presence

(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

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