BNP Paribas Real Estate has identified a ‘top 10 list’ of highly desirable green places to live and work in London. The borough of Hammersmith and Fulham tops the list, followed by Westminster, Richmond upon Thames, Lambeth, Sutton, Bexley, Croydon, Greenwich, Ealing and Bromley.
Mileway, a pan-European last mile logistics real estate company, has signed a long-term lease with Amazon for a 10,000 sq m delivery station at Mileway’s last mile logistics property in Viernheim, Germany.
The City of Helsinki has launched a competition that invites proposals for the redevelopment of Makasiiniranta at South Harbour, the last old harbour area to be transformed for public use in Helsinki.
Investment into UK commercial real estate reached GBP2.6 billion in April 2021, down on the GBP4.2 billion seen in March according to Colliers’ latest Property Snapshot. The Easter holiday, the reopening of retail and leisure, and a lack of available industrial stock all played a role in the muted investment volumes recorded.
Gross industrial and warehouse take-up in Poland climbed to 1.6 million sq m in the first quarter of this year, representing an increase of 51per compared to the first three months of last year, according to “Occupier Insight – Industrial and Warehouse Market Q1 2021”, a report prepared by real estate advisory firm Cresa.
Real estate is gaining in popularity as an investment, according to a representative survey of more than 2,000 German citizens that has now been conducted on behalf of Commerz Real for the third time by the market research institute YouGov.
The West Midlands office market is bouncing back strongly as the UK continues to follow the roadmap out of lockdown, according to commercial property agents Burley Browne.
According to Savills, the food sector is becoming the new core in retail property investment. Last year, for the first time, investments in supermarkets, hypermarkets and food discount stores accounted for a record 21 per cent of total European retail activity, up from a five-year average of 7 per cent. Despite the decline of retail sales growth in 2020 (from 3.9 per cent in 2019 to 1.7 per cent in 2020), food and grocery sales increased by 7.5 per cent, and are expected to continue to rise by 2.2 per cent per annum over the next five years.
The average number of new prospective tenants registered per ARLA Propertymark branch continued to rise in March to 84, from February’s figure of 82. This is the third month in a row where the number of new prospective tenants has increased.
Shaftesbury, a Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End, has seen footfall return to 86 per cent of the peak in December in 2020, just before London was placed into the third lockdown.
A rapid rise in the number of electric vehicles (EVs) in Scotland presents an opportunity for the country’s property sector to contribute to the national drive for net zero and revive the hard-pressed retail sector, according to the latest research from Knight Frank.
Despite the outbreak of the Covid-19 pandemic, global real estate investment managers raised at least EUR123 billion (USD150.7 billion) of new capital for non-listed real estate in 2020, according to the Capital Raising Survey 2021, published by ANREV, INREV and NCREIF.