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.
Over the next five years, additional logistics space demand of around four million square metres is expected in Germany and Austria, attributed solely to booming online retail. Real estate investors are aware of the development.
Edinburgh office take-up increased nearly 80 per cent in the second quarter of 2021 compared to the first three months of the year as the economy began to emerge from lockdown, according to analysis from Knight Frank.
Significantly more German commercial real estate transactions on the horizon in the second half of the year
Approximately EUR22.9 billion was invested in German commercial property during the first half of 2021, according to Savills. At around EUR13 billion, the investment volume in Q2 was the second highest of any quarter since the outbreak of the Covid-19 pandemic in the country but remained around 17 per cent below the five-year average quarterly volume prior to the pandemic.
Some 196,335 sq m of new office space will be delivered in Dublin this year, up 35 per cent on 2020, according to new data from property advisor, Savills Ireland.
Valmet to deliver turnkey biopower plant to produce green electricity and heat for the city of Salzburg in Austria
Valmet is to deliver a complete turnkey BioPower 5 power plant to produce green electricity and heat for the city of Salzburg, Austria. The order was placed by Salzburg AG, a leading Austrian energy and technology company.