All articles by Richard Hook – Page 10
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CBRE GI teams up with Virtuo to eye €1bn logistics portfolio
CBRE Global Investors has partnered with French logistics developer Virtuo with plans to build a €1bn prime logistics portfolio across France for its Europe Value Partners 2 (EVP2) fund.
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Berkeley warns on market but raises profit guidance
Housebuilder Berkeley Group has raised its profit guidance for the year despite a fall in pre-tax earnings for the first half of the year to £401m, down 25.7% year-on-year.
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CBRE to Excellerate expansion in Africa and Middle East with new JV
CBRE has formed a new joint venture with Excellerate Property Services to rapidly grow its presence in Africa and the Middle East.
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Southern secures development site double in Hackney Wick
Housing association Southern Housing Group has acquired two development sites on Dace Road in Hackney Wick with proposals to create a new residential-led mixed-use development.
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Henley ramps up Vegas spend with Evergreen acquisition
The joint venture between Henley USA and Tower 16 Capital Partners has acquired a major multi-family scheme in an off-market deal to add to its Las Vegas portfolio.
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BOSS deal for £180m intu Watford extension
Hugo Boss retail brand BOSS has signed up as a flagship store for the £180m retail and leisure extension at intu Watford.
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Round Hill and NBKC acquire debut site of initial €100m Irish PBSA venture
Round Hill Capital and NBK Capital have acquired a 1 acre site with planning permission in Cork to mark the first investment of its Irish student accommodation-focused joint venture.
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M&G brings in BLS at 2 Minster Court
M G Real Estate has secured government and diplomatic mission outsourcing firm BLS International Services to take a 7,000 sq ft of office space at its 2 Minster Court office building in the City of London.
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Potential £496m retailers' rebate delayed by VOA challenge on ATM business rates ruling
The government’s Valuation Office Agency has applied for the right to appeal a court ruling which blocked the agency’s proposal to introduce additional business rates on all ATMs in retail stores.
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JLL expands in Poland with REAS acquisition
JLL has acquired Polish residential consultancy REAS in its first entry into the market in the country.
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Orbit lands 95 acre Daventry site for resi-led development
Housing association Orbit has acquired a 95-acre site near Daventry in Northamptonshire, on which it plans to build 450 new homes alongside community facilities and a new primary school.
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Kallenbrunnen to develop PGIM Real Estate's European core strategy
Prudential Financial’s real estate investment business has hired Helaba’s Thomas Kallenbrunnen as a managing director and senior portfolio manager for its European core diversified real estate strategy.
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Belfast's Linenhall receives country’s first WiredScore gold rating
The Linenhall office building in Belfast has become the first property in Northern Ireland to receive a Wired Certified benchmark from connectivity rating firm WiredScore.
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Pat Crean venture purchases €50m Apollo Dublin
Irish developer Pat Crean has formed a new company to acquire the Apollo House site in Dublin for €50m with plans to create a mixed-use tower on Tara Street.
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FIH acquires Leyton industrial estate to house art handling business
FIH Group (Falkland Islands Holdings) has exchanged on the acquisition of a 2.5 acre industrial estate in Leyton, east London that is home to its art handling subsidiary Momart for £19.4m from H Young Co.
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Levis and Timberland owner signs for new Soho base
The American company behind clothing and footwear labels including Levis, Wrangler Jeans, Timberland and North Face, has signed for a new London base at Estates Agency’s Axtell Soho development.
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Clas Ohlson to close all UK stores
Swedish retail chain Clas Ohlson has announced plans to close all its stores across the UK and Germany after incurring “significant losses”.
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Stifel property analyst Cockburn joins Panmure
Panmure Gordon has recruited experienced real estate analyst Miranda Cockburn as a managing director in its equities business.
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New BeLux boss for AXA IM
AXA Investment Managers has appointed Bernard d’Ocquier as its new local head of transactions in Belgium and Luxembourg.
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Cording makes second investment of £400m PRS fund in Warrington's Stadium Quarter
Cording has agreed a second deal for its new £400m UK Residential Investment Fund with a £40m forward funding deal for a build-to-rent development in Warrington.