Orchard Street Investment Management has completed the acquisition of Snipe Retail Park in Manchester, in a £61.8 million off-market transaction reflecting a net initial yield of 6.7 per cent. The specialist commercial property investment manager,... Read More
The UK is pulling away from the rest of Europe, the Middle East and Africa (EMEA) by accounting for nearly half of all hotel deals across all three regions, according to new figures from Jones Lang LaSalle’s (JLL) Hotel & Hospitality team. And... Read More
Following last week’s announcement that Union Investment has committed to fund the Burlington House scheme in Dublin, Development Securities has confirmed that it has acquired the Avid building in Sandyford for €6 million (£4.2), at a net initial yield... Read More
Centurion Properties has acquired Lawnswood Business Park in Leeds, through a new joint venture vehicle, Centurion Capital Partners, funded by specialist property investment manager ICG-Longbow. The partnership has purchased the modern business park... Read More
Total West End transaction volumes reached a record high of £3.85 billion in the first half of the year, according to a report from Savills. The figure represents a 22 per cent increase on the previous H1 best of £3.15 billion recorded in 2014. Savills... Read More
AXA Real Estate Investment Managers has announced that it has successfully completed the acquisition of the Torre Beta office building in Milan for approximately €30 million (£21 million). The property was purchased from a fund managed by UBS Real... Read More
UK-based private equity fund manager Benson Elliot has agreed the €80 million (£55.7 million) sale of its landmark Cornerstone office development in Poblenou, Barcelona to a fund managed and advised by UBS Global Asset Management’s Global Real Estate... Read More
Investment in Northern Ireland commercial real estate is delivering better returns than the majority of mainland UK locations — and are even beating many European cities. According to MSCI's first publicly released Northern Ireland Investment Review... Read More
An award winning Plymouth building, The Ship at Derriford, has been sold to local property developer Burrington Estates, after appearing destined for demolition earlier in the year. Completed in 1993 for regional newspaper The Western Morning News, the... Read More
Acting on behalf of clients, Delin Capital Asset Management (DCAM) has acquired a high specification warehouse in Amsterdam via a sale and leaseback transaction with fashion brand G-Star Raw. The 37,000 sq m (398,000 sq ft) facility was built by G-Star... Read More
