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Scandic lays off 7,000 workers amid Coronavirus spread (SE)
Scandic lays off 7,000 workers amid Coronavirus spread (SE)

Since the coronavirus began to spread, occupancy at the Scandic hotels group has fallen significantly and was 10 to 15% in the previous week. The company is now planning for a situation ...

RPMI Railpen acquires Camden Works (GB)
RPMI Railpen acquires Camden Works (GB)

RPMI Railpen has purchased Camden Works office scheme in North West London. The acquisition bolsters Railpen’s portfolio of office investments in the capital, following the 2018 purchase of ...

Deka acquires Warsaw office scheme for €98m (PL)
Deka acquires Warsaw office scheme for €98m (PL)

Skanska has sold the office building Generation Park Z in Warsaw, Poland, to Deka Immobilien for €98m. The transfer of the property is scheduled for the second quarter 2020. The ...

Castellum begins construction on E.ON’s Nordic HQ (SE)
Castellum begins construction on E.ON’s Nordic HQ (SE)

Castellum is moving ahead with plans to start construction of a new office building, with E.ON as the major tenant, with an investment of approximately c.€120m (SEK 1.3bn), including land ...

Oliver Schumy steps down as CEO of Immofinanz
Oliver Schumy steps down as CEO of Immofinanz

Oliver Schumy, CEO of Immofinanz AG, has left the Company as member of the Executive Board effective 18 March 2020. The premature termination is based on mutual agreement due to personal ...

Aldi acquires €735m Leader Price retail portfolio (FR)
Aldi acquires €735m Leader Price retail portfolio (FR)

Casino Group has agreed to sell its 567 Leader Price stores and 3 warehouses located in metropolitan France, to Aldi for an enterprise value of €735m (including a €35m ...

Future Generation secures €68m loan for Guildford scheme (GB)
Future Generation secures €68m loan for Guildford scheme (GB)

Future Generation has secured a €68m (£62m) development loan from Maslow Capital to build a landmark development in Guildford. This is Future Generation’s largest debt ...

BAM Construction secures €384m Leeds City Centre development (GB)
BAM Construction secures €384m Leeds City Centre development (GB)

CEG has appointed BAM Construction to deliver the first phase of its €384m (£350m) development at Globe Road, Leeds. It is the only announced speculative new-build office completing ...

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Latest news
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  • Pension capital drives €415m build-to-rent regeneration on London NHS brownfield site
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    Wednesday, 25 February
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  • London's largest tool superstore takes shape as ITS signs eight-year deal at Padrock's €111m Dagenham logistics hub
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    Wednesday, 25 February
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  • NEINVER posts €1.72bn in brand sales as outlet centres defy retail headwinds
    NEINVER posts €1.72bn in brand sales as outlet centres defy retail headwinds
    Wednesday, 18 February
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  • CBRE IM backs IPUT Real Estate with €175m equity commitment to kick-start €500m Dublin office expansion
    CBRE IM backs IPUT Real Estate with €175m equity commitment to kick-start ...
    Wednesday, 18 February
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