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.
LeadCrest Capital Partners, a European fund 100 per cent dedicated to sale-leaseback and build-to-suit investments, has acquired a EUR70 million portfolio of six food supermarkets, and forward purchased a seventh asset, totalling 33,500 square meters, and triple-net leased to Monoprix Exploitation and Distribution Casino France, two wholly owned subsidiaries of Casino Guichard-Perrachon.
Take up of warehouse space in units larger than 50,000 sq ft reached a record 30.8 million sq ft in H1 2021, double that recorded in H1 2020, according to Knight Frank.
A nationwide study, conducted by Remit Consulting, monitoring the return of workers to the office, has revealed that, on average, only just over 11 per cent of staff are currently in the office on any particular day.
KGAL Investment Management GmbH & Co KG is investing in the Spanish real estate market for the first time with the acquisition of the Torre Esteve building, on behalf of a pan European real estate AIF, from Iberdrola Inmobiliaria, a wholly owned subsidiary of the Spanish power generation company Iberdrola.
New data from Quotezone.co.uk shows that demand for office space has made a partial U-turn in the first five months of this year, following a sharp decline during the height of the pandemic.