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Office Properties Income Trust sells three properties for USD69.1m

Tue, 26/11/2019 - 09:58

Office Properties Income Trust has sold three properties for an aggregate sales price of USD61.9 million, excluding closing costs. »

MERKUR Development Holding and NOVUM Hospitality build new ‘the niu' Hotel in Eschborn

Tue, 26/11/2019 - 09:42

MERKUR Development Holding is building a seven-storey hotel, with 176 rooms and 83 long-stay apartments, in Eschborn/Taunus, which will be operated by NOVUM Hospitality under the midrange "the niu" brand. »

Urban Village Capital completes GBP14m transformation of offices into homes

Mon, 25/11/2019 - 15:59

A GBP14 million build-to-rent conversion of offices into 63 luxury apartments in Birmingham has reached practical completion, says developer Urban Village Capital. »

Target Healthcare REIT acquires Darrington Healthcare care home portfolio

Mon, 25/11/2019 - 10:47

Knight Frank has advised Darrington Healthcare on the sale of a portfolio of care homes in Yorkshire, to Target Healthcare REIT, for an undisclosed sum. »

BlackRock completes GBP30m sale of 65 Chandos Place

Mon, 25/11/2019 - 10:45

Global real estate advisor, CBRE, has advised BlackRock’s UK Property Fund on the sale of 65 Chandos Place, a prime freehold office building in Covent Garden for GBP30.2m, representing a NIY of 4.84 per cent. »

APAM appoints Paragon for GBP7.5m refurb of Leeds city centre office building

Mon, 25/11/2019 - 09:59

Building and project consultancy Paragon has been appointed by investment and asset manager APAM to lead the GBP7.5 million refurbishment of a 108,000 sq ft Leeds city-centre office building. »

Clearbell competes re-gear at Earlsdon Park in Coventry

Mon, 25/11/2019 - 09:54

Clearbell Property Partners II (Clearbell), a fund managed by Clearbell Capital, has completed a lease re-gear on c45,000 sq ft at Earlsdon Park in Coventry. »

Delancey appoints Director of Capital Markets

Mon, 25/11/2019 - 09:53

Lorna Brown has been recruited as Director of Capital Markets by Delancey, taking a senior role in the Firm’s investment advisory team. »

Alpha Real Capital launches European Long Income Fund

Mon, 25/11/2019 - 09:52

Alpha Real Capital (Alpha), a specialist manager of long income real assets, has launched the European Long Income Fund (ELIF), which will target Euro denominated, asset backed, secure inflation-linked income streams by investing in commercial ground rents, amortising income strips and long lease property (eg sale and leasebacks). »

CBRE acquires Laxfield Capital

Fri, 22/11/2019 - 15:56

CBRE Group (CBRE), a commercial real estate and investment firm, has acquired Laxfield Capital, a real estate debt investment business. »

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