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KWE acquires Towers Business Park, Manchester, for £82m (UK)
manchester

Kennedy Wilson Europe Real Estate Plc has acquired Towers Business Park, South Manchester from Lone Star, for £82m, reflecting a topped-up yield on cost of 6.7%. The acquisition will be funded ...

JLL appointed to represent Budapest Airport office lettings (HU)
budapest

JLL has been appointed to represent the landlord in the letting of the office spaces in several properties at Budapest Airport.   Altogether 8,300m² office space is available in various ...

Construction of Galeria Młociny begins (PL)
Galeria Młociny z lotu ptaka

The construction of Galeria Młociny, a modern retail and entertainment complex, has begun. The new shopping centre will be situated in the Bielany district, one of Warsaw’s top locations, next ...

Modern Polish office stock in eight regional cities amounts to 3.5 million m² in Q1 (PL)
wroclaw

The Polish Office Research Forum has published its figures for Q1 2016 for the office markets in eight major regional cities in Poland (Kraków, Wrocław, Tricity, Katowice, Poznań, ...

South African investors set to continue targeting Central and Eastern Europe
johannesburg

South African investors have made their mark on the real estate industry across Central and Eastern Europe (CEE) in the last 12 months, according to JLL, with the region’s attractive yields and ...

UK regional offices set to enjoy highest rental growth in 15 years
london

M&G Real Estate predicts that average rents for the UK’s regional office market will see growth accelerate to a 15-year high rate of almost 4% in 2016.   The latest UK Outlook report, ...

CLS Holdings disposes of Vänerparken mixed-use complex (SE)
stockholm

CLS Holdings plc has disposed of its only remaining investment property in Sweden. The 418,800ft² (38,900m²) mixed-use office, educational, residential, leisure and medical complex ...

Gramercy Europe to acquire Goodman Europe’s 20% stake logistics portfolio
logistics

Gramercy Europe Limited, acting as advisor to Gramercy Property Europe plc, has agreed to acquire Goodman Europe Development Trust’s 20% stake in a European portfolio comprised of nine logistic ...

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