Investment into UK commercial real estate reached GBP1.1 billion in August, bringing the year-to-date total to GBP23 billion according to new research from Colliers International.
Following the news in June that FirstPort was to join forces with fellow property and asset manager, Mainstay Group, the businesses have today confirmed that this has now been approved by the Financial Conduct Authority and the transaction has completed.
Pan-European logistics specialist Verdion and its partner Aviva Investors have unveiled plans for E20 Park Copenhagen, a major new logistics hub south of the city.
Blackbrook Capital (Blackbrook), a European independent real estate investment firm focusing on mission-critical commercial property, has appointed Jon Strang as a Director.
Bedford Row Capital (BRC) has issued a USD50 million, three year sukuk to finance the expansion of P1 Capital Ltd, (P1) a UK boutique asset-management group focusing on asset backed investments in the UK property sector.
The UK care home sector is beginning to recover following the impact of Covid-19 in Q2 2020, with occupancy measuring 80.2 per cent and a steadily increasing admission rate, as confidence in the sector begins to resume, according to the latest research from global property adviser Knight Frank.
Schroder UK Real Estate Fund (SREF) has agreed the forward funding of One Cambridge Square, which will see the development of a new GBP45 million Grade A office building situated within the mixed-use 40-acre urban quarter of Cambridge North.
National property consultancy, Carter Jonas has secured 12,000 sq ft of office space on the eighth floor of Two Snowhill, Birmingham, in a move that creates a permanent base for the firm in the city.
Allianz Real Estate, acting on behalf of several Allianz group companies, has completed its largest single-loan debt transaction in Europe. This latest long-term financing is of a portfolio of five prime freehold central London offices with a loan of GBP400 million (EUR440 million).
CBRE Global Investors has agreed a new 15-year lease for a 16,100 sq m logistics asset in Bingen-Grolsheim in the Rhineland-Palatinate district of Germany with Amazon.