All International articles – Page 7
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NewsCommon lands London sites to start European co-living push
US operator secures five BTR and co-living sites across the capital to kick off UK-led expansion into Europe.
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News
WorldGBC’s Net Zero Carbon Buildings commitment updated to include embodied carbon
UKGBC has stressed the importance of keeping up with the “pace of change” as the WorldGBC updates its Net Zero Carbon Buildings Commitment to include accounting for embodied carbon.
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Insight
The legacy and lessons of 9/11
Twenty years on from the terror attacks of 11 September 2001, New York Post reporter and Property Week columnist Steve Cuozzo reflects on the impact on the iconic city.
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News
Europa and Cromwell launch logistics JV
Europa Capital and Cromwell Property Group have launched a German logistics joint venture with a target gross asset value of €150m.
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News
MetLife and Norges acquire $825m Cambridge office
Oxford Properties Group and JP Morgan Global Alternatives have sold a 409,000 sq ft office in Cambridge, Massachusetts, for $825.1m (£600m).
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Insight
Distribution is biggest challenge
Last year saw a record-shattering take-up of 50m sq ft of big-box warehouse space across Europe. As consumers flocked to online retail during the pandemic, the race for industrial and logistics (I&L) space ramped up to meet the unprecedented demand for warehousing and distribution centres.
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News
Amazon to roll out department stores in US
Amazon plans to open several large department store-style shops in the US.
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CBRE Global Investors shakes up executive team
CBRE Global Investors (CBRE GI) has made three appointments including a new global chief investment officer.
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News
Aberdeen Standard European Logistics Income’s gross assets exceed €500m benchmark
Aberdeen Standard European Logistics Income’s gross assets have exceeded the €500m (£426m) benchmark as its portfolio valuation nudged up by 1.9% for the quarter ended 30 June 2021.
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News
Sirius snaps up more business parks and land parcel for €84.8m
German business parks group Sirius Real Estate has acquired four business park assets and one land parcel in Germany for around €84.8m (£72.4m).
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News
Hawksmoor to open New York restaurant
UK steak restaurant chain Hawksmoor is poised to open its first overseas restaurant in New York later this year.
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Wendy’s to deliver in UK with REEF partnership
Wendy’s Company and REEF have teamed up to open 700 delivery kitchens over the next five years across the UK, the US and Canada.
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Online
ADIB provides £200m to finance Tesco and Waitrose supermarket
Abu Dhabi Islamic Bank (ADIB) has provided £200m of structured finance for Middle Eastern investors for two supermarkets in the UK.
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News
Deka buys Dublin retail and office building from Aviva for £21m
Deka Immobilien, on behalf of its open-ended real estate fund Deka-ImmobilienMetropolen, has bought a retail and office building in Dublin from Aviva for £21.22m.
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News
John Forrester appointed CEO of C&W
Cushman Wakefield’s (C W’s) global president John Forrester has been appointed chief executive with effect from the start of next year.
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News
Schroders’ European hotels fund beats €500m target
Fund accepts €525m of investor commitments after surpassing initial hard cap target of €300m set in 2018.
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Online
Therme Group chosen to develop £200m wellbeing resort in Toronto
Therme Group has been chosen by the Government of Ontario to develop a C$350m (£200m) wellbeing resort at Toronto’s Ontario Place.
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Online
Netflix picks Tokyo for first physical store
Netflix has announced plans to open its first permanent physical store next year in Tokyo.
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Professional
WeWork hands over WeLive
WeWork has handed over management of its US WeLive co-living centres to the owners of the two buildings where the brand operates.
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Online
CBRE GI appoints first head of sustainability and innovation
Helen Gurfel has joined CBRE Global Investors as head of global sustainability and innovation.
