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Ofi Invest acquires office building in Hamburg (DE)
Cube 10, Hamburg

Ofi Invest Real Estate has acquired an office building - Cube 10, located in Hamburg, from a fund managed by Amundi Real Estate. The purchase price was not disclosed. Cube 10 offers 9,500m2 of ...

Aro Palace sells Coroana-Postavaru Hotel for €9.4m (RO)
Coroana-Postavaru Hotel

Aro Palace, a company owned by Transilvania Investments, has sold the Coroana-Postavaru Hotel in Brasov for c. €9.4m to Elevate Properties. This sale was part of its portfolio rebalancing ...

Simply UK secures €46.8m for two healthcare assets (GB)
Simply Stratford

Simply Care Group UK (Simply UK) has completed a forward funding deal for two flagship assets in Bury St Edmunds and Dublin for a combined sum of €46.8m, equating to a net deal yield of ...

GPE secures option for redevelopment of landmark building in London (GB)
French Railway House

Great Portland Estates plc (GPE) and The Crown Estate have exchanged an option which, if exercised by GPE, will provide a new head lease and development agreement to facilitate the redevelopment of ...

AEW acquires €11.5m mixed-use asset in York (GB)
York City Wall

AEW UK REIT plc (AEWU) has announced that it has bought a freehold, mixed-use property in York city centre for €11.5m, with a net initial yield of 9.3%. The property, which covers c. 9,300m2, ...

Wrexham University hires Wynne to construct €34m new building (GB)
Wrexham University’s new enterprise, engineering, and optics centre.

Wynne Construction has been awarded the pre-construction services agreement for Wrexham University’s new €34m enterprise, engineering, and optics centre.   The building will provide a ...

Hyatt partners with JUEL Group to develop another hotel in Malta
Hyatt Regency Malta

Hyatt Hotels Corporation's affiliate has entered into a franchise agreement with JUEL Hospitality Limited, part of the JUEL Group, to develop the 160-room Hyatt Centric Malta. The hotel is ...

Winvic to deliver phase one of €1.2b logistics project (GB)
West Midlands Interchange (WMI) project

Winvic Construction Ltd has been awarded the contract to deliver the first phase of the West Midlands Interchange (WMI) project, building on their success as the design stage delivery partner to ...

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