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Londonmetric agrees sale of £247.56 million distribution portfolio (UK)

LondonMetric a UK REIT, has exchanged contracts on the sale of 11 distribution assets for a total consideration of £247.56 million (approx. €290.4 million), reflecting a net initial yield of 6.25%, ...

Outlet Center Lublin has received a building permit (PL)

CBRE today announced that Outlet Center Lublin has received a building permit. Outlet Center Lublin, being developed at 16 Melgiewska Street in Lublin, is a classic outlet that offers products of p ...

NCC starts construction of Matinkylä Metro Center in Espoo (FI)

NCC is to start construction of a shopping mall and a public transport hub in Matinkylä, Espoo, in the Greater Helsinki area. The shopping mall project will be carried out in a 50/50 joint venture be ...

111 new homes to be created in Wembley Park (UK)

Network Housing Group has announced that work on its new Brook Avenue development in Wembley Park will begin this summer which will create another 111 new homes in the area. The development, which ...

RLAM sells 43/48 Dover Street, London W1 for £83.5 mln (UK)

Following a targeted marketing campaign, Royal London Asset Management (‘RLAM’) has exchanged contracts to sell its freehold interest in 43/48 Dover Street, London W1 to Crosstree Real Estate Advi ...

Cordea Savills acquires third asset for Prime London Residential Development Fund (UK)

Cordea Savills, the international property investment manager, has acquired a further asset on behalf of its Prime London Residential Development Fund on Hereford Square, South Kensington. The site ...

Docout signs leasing agreement for 22,800 m² at Prologis Park Sallent in Spain (ES)

Prologis, Inc., operator and developer of industrial real estate, today announced that Docout, a document and business process outsourcing, has signed a new 10-year lease for a 22,800 m² distribution ...

CORESTATE appoints Steffen Ricken as Managing Director, Head of Global Capital Raising (CH)

CORESTATE,  announces the appointment of Steffen Ricken as Managing Director, Head of Global Capital Raising. He also joins the senior management board and the investment committee of CORESTATE. S ...

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