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Fortwell Capital provides €13.7m for Midlands retirement project (GB)
Fortwell Capital provides €13.7m for Cinnamon Care Collection (GB)

Fortwell Capital has agreed a new €13.7m (£12.5m) revolving credit facility with luxury care and retirement homes developer and operator Cinnamon Care Collection. The ...

Coronavirus amplifies demand for flexible office space
Coronavirus amplifies demand for flexible office space

Office leases are getting shorter. In Hong Kong, an average office lease lasts three years. In the U.K., it’s six. In the U.S., it fell 15% in the first five months of 2020 to seven years ...

Rosewood to open Sardinia resort in 2022 (IT)
Rosewood to open new Sardinia resort in 2022 (IT)

Embarking on a new chapter of its European expansion, Rosewood Hotels & Resorts® has been appointed to manage Rosewood Porto Cervo, which will open on Sardinia, Italy in 2022. ...

Commercial energy consumption increases as economy re-opens
Commercial energy consumption increases as economy re-opens

Energy consumption in commercial properties throughout Ireland is rising, with retail showing the biggest increase, according to the latest Savills-Pinergy Energy Monitor. The study, which is a joint ...

Northern Horizon invests €25m in Swedish retirement home
Northern Horizon invests €25m in Swedish retirement home

Skanska has sold the retirement home Villa Brogarden in Alingsas, Sweden, for about €25m (SEK 260m). The buyer is Northern Horizon. With its 80 apartments, Villa Brogarden will be five ...

Weston launches 65,000ft² of flexible office space (GB)
Weston launches 65,000ft² of flexible office space (GB)

Weston Business Centres have launched flexible working spaces at two newly-refurbished Business Centres in Stansted and Colchester in Essex aimed at businesses looking to relocate post the COVID-19 ...

Get Living and Muse sign €277.8m deal for Lewisham Gateway scheme (GB)
Get Living and Muse sign €277.8m deal for Lewisham Gateway scheme (GB)

Muse Developments and Get Living PLC have agreed a major €277.8m (£252m) forward funding deal to accelerate the delivery of the second and final phase of Lewisham Gateway, one of ...

Colosseum Mall to open in 2021 (RO)
Colosseum Mall to open in 2021 (RO)

The opening of Colosseum Mall, initially planned for the end of this year, is rescheduled for 2021, considering the unpredictability of the business environment under the impact of Covid-19 pandemic. ...

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