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Vinci starts €56m Redhill mixed-use scheme (GB)
Vinci starts €56m Redhill mixed-use scheme (GB)

VINCI Construction UK will deliver circa €56m (£50m) Reigate & Banstead Borough Council’s new cinema, retail and homes development at Marketfield Way in Redhill. With the ...

COVID-19 crisis causing significant changes in investment strategies
Coronavirus crisis causing significant changes in investment strategies

The coronavirus crisis has led to a significant shift in the investment strategies of institutional real estate investors. “Lower risk, lower return” is the mantra of the moment. ...

Mountpark starts construction on 26,000m² distribution centre in Slovakia
Mountpark starts construction on 26,000m² distribution centre in Slovakia

Mountpark Logistics has started construction work on a 26,000m² inventory distribution centre at Mountpark Sered in Slovakia. The building, which has the potential to create over 300 jobs ...

Zleep Hotels expands in Denmark
Zleep Hotels expands in Denmark

Deutsche Hospitality opens another hotel of its young brand Zleep Hotels in Denmark in autumn 2021. The Zleep Hotel Glostrup will be a new building west of Copenhagen. The developer of the project is ...

Orchard Street acquires Portsmouth industrial estate for €21m (GB)
Orchard Street acquires Portsmouth industrial estate for €21m (GB)

Orchard Street Investment Management has completed the acquisition of Merlin Park in Portsmouth for €21m (£19m), representing a net initial yield of 4.50%. The acquisition was made on ...

HAGAG Development Europe completes major Bucharest office project (RO)
HAGAG Development Europe completes major Bucharest office project (RO)

HAGAG Development Europe finished construction works – refurbishing and reconversion – for its office project H Victoriei 109 in Bucharest, Romania. The building will be delivered ...

Cyber investment to create new European office demand
Cyber investment to create new European office demand

Increased cyber-attacks, GDPR regulation and increased home-working during lockdown are driving corporate investment into cybersecurity and creating new demand for office space across Europe, ...

Pizza Express to close 73 restaurants (GB)
Pizza Express to close 73 restaurants (GB)

Pizza Express has launched a proposal to reduce its UK restaurant estate and rental cost base via a company voluntary arrangement (CVA). The CVA is intended to improve the operational ...

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