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Hines unveils plans for future-oriented Berlin city quarter (DE)
Hines unveils plans for future-oriented Berlin city quarter (DE)

Hines is currently developing 664 residential units for some 1,200 residents in Berlin's district Sudkreuz. By autumn 2020, the project will be completed on a total area of 21,430m². The ...

John Lewis to close eight stores across UK
John Lewis to close eight stores across UK

The John Lewis Partnership will not reopen eight John Lewis shops to secure the business’s long-term future and respond to customers' shopping needs. This announcement comes as the final ...

Sky Studios Elstree receives planning approval (GB)
Sky Studios Elstree receives planning approval (GB)

Sky Studios Elstree, the UK’s new state-of-the-art film and TV studio, has received the green light to proceed with construction works following a unanimous decision last night by Hertsmere ...

Xior acquires Granada student accommodation for €37m (ES)
Xior acquires Granada student accommodation for €37m (ES)

Amro Real Estate Partners has completed the sale of its student residence in Granada, in Spain’s Andalusia region, to Xior Student Housing NV, the Belgian real estate investment trust, for ...

Real I.S. acquires mixed-use Barcelona property (ES)
Real I.S. acquires mixed-use Barcelona property (ES)

Real I.S. AG has acquired the retail and office property “Las Ramblas 124” on Las Ramblas Boulevard in Barcelona’s city centre on behalf of an individual mandate of a German ...

H&M to close 170 stores worldwide
H&M to close 170 stores worldwide

The H&M group's sales in the period 1–24 June 2020 decreased by 25% in local currencies compared to the same period the previous year, according to the latest update from the company. ...

PPHE Hotel Group to open 80% of its European properties by the end of July
PPHE Hotel Group to open 80% of its European properties by the end of July

PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, the majority under the Park Plaza brand, is welcoming guests safely back to its ...

Investec completes €111.5m office disposals (GB)
Investec completes €111.5m office disposals (GB)

Investec’s Structured Property Finance team has completed the disposal of three office assets for a combined consideration of €111.5m (£100m). The company has successfully ...

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  • European commercial property logs seventh straight quarter of gains, but offices continue to lag
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