Henderson Park and Hines have started construction of their unique T3 Diagonal Mar building, located in 22@ North in Barcelona. Measuring 3,610 sq m, it is an office building made entirely of wood, with ambitious ESG credentials and fitted out with the latest technology.
Allianz Real Estate has completed a forward deal to acquire Tower 1 (pictured, ©Gross & Partner) of the new FOUR development in Frankfurt on behalf of a joint venture between several Allianz group companies and a Universal-Investment fund domiciled in Luxembourg, administered on behalf of German pension fund Bayerische Versorgungskammer (BVK-Fund).
LABS Group, an end-to-end blockchain property investment platform, has successfully raised USD3,650,000 for Kunang Kunang Resort. Kunang Kunang Glamping Resort is the world's first-ever community-owned project fractionalised into Rewarding Timeshare (RTS) non-fungible tokens (NFTs).
By Zvi Noé (pictured), founding partner of Capreon, Noé Group – There’s no denying that many trends rapidly accelerated over the course of the pandemic. This is nothing new. With Covid-19 restrictions forcing people to stay at home, there was an absolute necessity to use technology for everyday tasks. The result was a fundamental shift in the way people work and shop, thus having wide repercussions for the commercial property industry.
Investment in UK retail property is beginning to rebound with transaction volumes totalling GBP2.76 billion in the first half of the year, up 80 per cent on the same period in 2020, according to new analysis from Knight Frank.
Investment in Scottish commercial property increased by more than one-third (35 per cent) compared to the same period last year during the first six months of 2021 as the market continued its recovery from the pandemic, according to analysis from Knight Frank.
The construction industry needs to rethink its approach to reusing and recycling buildings if it is to be seen as truly sustainable, according to a leading expert.
UK hotel investment volumes reached GBP1.70 billion in the first half of 2021, across 59 deals, representing an increase of 135.2 per cent compared to the previous six-month period (July-December 2020), according to the international real estate adviser Savills. While this continues to be below the pre-pandemic five-year average of GBP2.43 billion for the same period, the positive momentum demonstrates the robustness of the sector and emphasises the green shoots that are being seen in terms of the UK hotel investment landscape, says the firm.
Timberland Investment Resources Europe LLP (TIR) has closed the TIR Forestry Fund II, having met its target of USD200 million in committed capital.
COIMA SGR and its partners Covivio and Prada Holding, have unveiled plans for the 2026 Winter Olympic Village and an updated masterplan for the Porta Romana railway yard in Milan.
International property and investment group Lendlease has announced it is phasing out liquid fossil fuels such as diesel and petrol on any of its UK construction projects, as part of its industry-leading commitment to tackle climate change.
Alagem Capital Group, in partnership with Cain International, has launched One Beverly Hills, a striking and dynamic mixed-use urban-resort in the heart of world-famous Beverly Hills.