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.
Vacant commercial premises could provide up to 200,000 homes for the vulnerable, says Habitat for Humanity
Habitat for Humanity Great Britain, a charity focused on long-term poverty alleviation through affordable, social housing, has partnered with leading savings and investment company, M&G plc (M&G), to unveil exciting new research outlining how homelessness can be addressed by repurposing vacant commercial property around the UK.
Pan-European logistics real estate investor Tritax EuroBox’s recent maiden EUR500 million green bond issuance slashed its cost of debt and was over six-times oversubscribed, securing the lowest coupon ever for a BBB-debut real estate issuer in euros.
Aukera Real Estate AG (Aukera) has issued a loan of EUR92 million in Luxembourg on behalf of the real estate debt fund it advises.
The EPISO 5 opportunistic fund, advised by Tristan Capital Partners, has signed definite agreements to acquire 100 per cent of the non-listed portfolio controlled by Summit Real Estate Holdings Ltd, and 77 per cent of the listed GxP German Properties AG platform, in a proprietary/bilateral transaction. The total commercial platform comprises 69 assets, located across key markets in Germany.
Oxford Properties Group (Oxford), a global real estate investor, asset manager and business builder, has extended its global life sciences platform with the acquisition of 310 Cambridge Science Park, United Kingdom, its first investment in the sector in Europe.