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Rise of the machines

Thu, 19/09/2019 - 11:19

In this week’s newsletter, Emily Perryman looks at the potentially ‘huge opportunities’ artificial intelligence and machine learning can bring to the real estate sector, plus the legal and regulatory concerns holding back implementation of new technology. »

Rexford Industrial acquires industrial park for USD66.2m

Thu, 19/09/2019 - 10:09

Rexford Industrial Realty has acquired an eight-building industrial complex for USD66.2 million. The acquisition was funded using cash on hand. »

Europa Capital and Keystone complete sale of Copenhagen office portfolio

Thu, 19/09/2019 - 10:08

Europa Capital, a pan-European real estate investment manager, in partnership with Keystone Investment Management (Keystone), an asset management company focused on Danish property, has completed the sale of a six building office portfolio in the Copenhagen suburb of Valby on behalf of its pan-European value add fund, Europa Fund V, to Schroder Real Estate. »

Bevan Brittan adds two new partners to property team

Thu, 19/09/2019 - 10:06

Bevan Brittan has strengthened its national property team with the appointment of two new partners – Dalee Kaur and Mark Paget Skelin. »

AI

AI offers ‘huge opportunities’ for real estate but regulatory concerns hold firms back

Thu, 19/09/2019 - 10:06

Technology such as artificial intelligence (AI) and machine learning brings huge opportunities for the real estate sector, but legal and regulatory concerns are holding back businesses from driving innovation in the sector, research suggests. »

b.village breaks ground on first flexible workspace site

Thu, 19/09/2019 - 10:04

A new breed of vibrant modern business village is taking shape in Northumberland, offering North East firms the type of facilities only usually found in the slick HQs of global organisations. »

OakNorth Bank provides GBP3.7m loan to Clearview Developments

Wed, 18/09/2019 - 17:21

OakNorth Bank has provided a GBP3.7m loan to Clearview Developments for a new residential development in Royal Tunbridge Wells. »

AEW UK Core Property Fund acquires seven-acre unit on Kayley Industrial Estate in Ashton

Wed, 18/09/2019 - 10:30

AEW UK Core Property Fund as acquired the seven-acre Whitecroft Lighting freehold unit on the Kayley Industrial Estate, Ashton-under-Lyne for GBP8.25 million. The acquisition price reflects a net initial yield of 6.5 per cent and a capital value of GBP53 per sq ft. »

Winckworth Sherwood adds partner to property litigation team

Wed, 18/09/2019 - 09:52

Full-service City law firm, Winckworth Sherwood, has grown its property litigation team with the addition of a new partner, Paul Dunbar.  »

RDI sells Bahnhof Altona Center in Hamburg

Wed, 18/09/2019 - 09:46

RDI has exchanged contracts with Volksbank eG Braunschweig Wolfsburg to sell its Bahnhof Center in Altona, Hamburg for EUR91.0 million. »

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