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Union Investment acquires Neucolln Carree retail park for €27m (DE)
Union Investment acquires Neucolln Carree retail park for for €27m (DE)

Stenprop has exchanged contracts on the sale of its long leasehold interest in the Neucolln Carree retail park in Berlin, Germany to Union Investment for €27m. The disposal price ...

Canary Wharf Group unveils plans for the North Quay site (GB)
Canary Wharf Group unveils plans for the North Quay site (GB)

Canary Wharf Group today set out plans for a 3.8 million ft² (Gross Internal Area) development on the North Quay site at Canary Wharf. The proposals, master-planned by leading ...

Investment in German residential property reaches €12.5bn in Q1 2020
Investment in German residential property reaches €12.5bn in Q1 2020

Properties in the German residential investment market changed hands for a total of approximately €12.5bn in the first half of the year, according to Savills (for transactions of at least 50 ...

Harworth Group to develop two Costa Coffee drive-thrus (GB)
Harworth Group to develop two Costa Coffee drive-thrus (GB)

Harworth Group has begun the construction of two separate Costa Coffee drive-thrus on two of its development sites in Yorkshire whilst also being on-track to deliver a major new Government ...

Radisson signs 15 new hotels across EMEA in Q2 2020
Radisson signs 15 new hotels across EMEA in Q2 2020

Radisson Hotel Group has announced 15 new hotel signings across EMEA in Q2 2020. The new signings re-affirm the Group’s commitment to its ambitious 5-year development plan. Radisson Hotel ...

Deka acquires Haagsche Bluf complex in the Hague (NL)
Deka acquires Haagsche Bluf complex in the Hague (NL)

Deka Immobilien has acquired a mixed-use building complex in the city centre of The Hague. The seller was a local project developer. The property will be added to the portfolio of the institutional ...

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 ...

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