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UK Property Snapshot | Colliers

Economy The latest PMI data suggests stability; UK services increased from 51.8 to 52.4 while manufacturing and construction registered marginal gains, up slightly to 48.3 and 47.2 respectively. The ...

Green Property sells One Nine Elms to Chinese Dalian Wanda Group (UK)

Green Property, the Irish and UK property investment and development company, has agreed to sell One Nine Elms in an off-market sale to China’s largest premier commercial property and entertainment ...

Verny Capital to invest $300 million in the construction of Talan Towers in Astana, Kazakhstan (KZ)

Verny Capital announced that it will invest $300 million (approx. €224 million) into the construction of Kazakhstan’s first environmentally sustainable building complex, meeting LEED standards. ...

Derwent London in talks to sell Grosvenor Place (UK)

Derwent London today announced that it has entered into non-binding heads of terms to sell its 50% interest in 1-5 Grosvenor Place SW1 to Peninsula Hotels for £132.5 million (approx. €154.5 million ...

New elevator hoisting technology will allow buildings to rise up to 1 km

KONE, an innovative leader in the elevator and escalator industry, recently announced a new high-rise elevator technology that is set to break industry limits and enable future elevator travel heights ...

Union Investment acquires two office properties for new institutional real estate fund (DE)

Union Investment has acquired the first two properties in Germany for its UniInstitutional German Real Estate fund. The office properties, which are located in Darmstadt and Frankfurt am Main, reflect ...

IKEA leases 72,000 m² in new Logopark North warehouse project (RU)

IKEA, the leading global retail chain selling furniture and home furnishings, signed a long-term lease agreement of 71,800 m² in the grade-A warehouse Logopark North. Jones Lang LaSalle exclusively m ...

Prologis Park Prague-Uzice signs new 13,100 m² lease with Euro Pool System CZ (CZ)

Prologis, Inc. today announced that it has signed a new leasing agreement with Euro Pool System CZ, for 13,100 m² at Prologis Park Prague-Uzice in the Czech Republic. Euro Pool System, a leading l ...

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