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Abrdn invests €21.4m in European warehouse portfolio
Abrdn invests €21.4m in European warehouse portfolio

abrdn European Logistics Income plc has acquired two logistics warehouses, in Dijon, France, and Horst, the Netherlands, for an aggregate purchase price of €21.4m.   Constructed ...

Union Investment acquires Erlangen office complex (DE)
Union Investment acquires Erlangen office complex (DE)

Union Investment has acquired Module 2 of the Siemens Campus in Erlangen via a club deal. The site is the largest and most modern Siemens location worldwide. The acquisition is being made for an ...

Bridgestone and Panattoni to develop new logistics facility in Burgos (ES)
Bridgestone and Panattoni to develop new logistics facility in Burgos (ES)

Bridgestone, a global leader in tyres and sustainable mobility solutions, has signed a partnership agreement with Panattoni for the development and long-term lease of a 43,000m² ...

Citi provides €250m facility for new Crossbay fund
Citi provides €250m facility for new Crossbay fund

MARK is expanding its urban logistics platform Crossbay with a second investment vehicle targeting over €2bn in Gross Asset Value. The platform is a wholly owned subsidiary of ...

GPE sells London office scheme for €219m (GB)
GPE sells London office scheme for €219m (GB)

Great Portland Estates plc (GPE) has exchanged contracts on the sale of the freehold of 50 Finsbury Square, EC2 to a wholly owned subsidiary of Wirtgen Invest Holding GmbH, a private German family ...

Deliveroo opens first bricks and mortar store in London (GB)
Deliveroo opens first bricks and mortar store in London (GB)

Deliveroo is opening its first physical grocery store in central London’s New Oxford Street. Customers will be able to purchase items by ordering through digital kiosks in the ...

IHG to open new dual-branded hotel in Stockholm (SE)
IHG to open new dual-branded hotel in Stockholm (SE)

IHG Hotels & Resort has signed Crowne Plaza & Holiday Inn Express Stockholm Arlanda Airport, which will be the company’s first hotels in Sweden after returning to the market. ...

Sirin Development invests in Kaunas FEZ project (LT)
Sirin Development secures Kaunas FEZ project (LT)

Sirin Development is beginning the first stage of development of planned facilities at the Kaunas Free Economic Zone (FEZ). In 2023, the company plans to build 16,000m² of warehouse space at ...

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