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Dutch retail, hotels and co-working offices to feel heaviest coronavirus impact, says Bouinvest research

Dutch retail, hotels and co-working offices to feel heaviest coronavirus impact, says Bouinvest research

The Netherlands and most other European countries are forecast to be pushed into recession this year by the impact of the coronavirus pandemic, with the heaviest blows from the economic slowdown in the Dutch real estate industry likely to fall on sectors most dependent on discretionary consumer spending.

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Moorfield and Highbridge sell fully-let 125,000 sq ft Newcastle office building for GBP25 million

Moorfield and Highbridge sell fully-let 125,000 sq ft Newcastle office building for GBP25 million

UK real estate private equity fund manager Moorfield, acting on behalf of Moorfield Real Estate Fund IV (MREF IV), and Highbridge Properties, a leading UK commercial developer, have completed the sale of the Zeta building, a 125,912 sq ft Grade-A office building on Cobalt Park, the UK’s largest business park located in Newcastle upon Tyne, for GBP25 million.