Simply UK, the Glasgow-based real estate developer has secured a further EUR40 million investment funding package from a European investor, to expand and develop its recently launched care home and retirement living division, branded as Morar Living.
Deals & Transactions
NewFlex, a provider of branded office solutions powered by Newable, has unveiled its first white label brand – My Office Club, providing 17,000 sq ft of new workspace in the heart of Lewisham town centre, on behalf of MHA London.
Colliers International Group has completed the USD12.4 million (USD291/PSF) sale of 405 Cochituate Road, a Class A office asset in Framingham, Massachusetts.
FORE Partnership has signed a lease with leading German supermarket operator, Edeka, for 3,390 sq m in the prime frontage anchor unit at Vesalia Mall, Wesel, Germany. The supermarket opens in September 2020.
DP World, a global infrastructure-led supply chain solutions provider, and Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, are expanding their ports and terminals investment through a new commitment of USD4.5 billion, that will increase the total size of the platform to USD8.2 billion.
Aberdeen Standard Investments’ AIPUT fund (Airport Industrial Property Unit Trust) has completed two new lease transactions at Airport Gate, Heathrow, with Automania Garage Services (AGS) and PRS Distribution together totalling nearly 100,000 sq ft.
Greystar Real Estate Partners (Greystar) is joining Canada Pension Plan Investment Board (CPP Investments) and Cyrela Brazil Realty (Cyrela) in a joint venture that will develop, own and operate purpose-built multifamily rental housing in São Paulo.
Warehouse REIT has completed the acquisition of two single-let warehouse assets located in the East Midlands and Cheshire, occupied by Amazon and Wincanton respectively.
Create Developments has secured planning consent for an extension to its successful Hampton By Hilton Hotel development on South Shore.
MBH Corporation (MBH) has continued its acquisition strategy with its 6th and 7th acquisition of 2020. Another EPS accretive deal, US based companies ‘Meeting of the Minds’ and ‘Everyday Realty Services’ bring MBH’s portfolio of companies to 17, and at the same time establish a new property vertical for the group.