LaSalle, Lipton Rogers Win Planning Resolution for 1 Silk Street Redevelopment
London’s LaSalle Investment Management and architect Lipton Rogers have secured a planning resolution to redevelop 1 Silk Street into a new Grade A office tower. The scheme aims to alleviate the city’s persistent shortage of premium office space by delivering roughly half‑million square feet of high‑spec workspaces. Approval comes amid heightened demand from financial‑services firms seeking modern, centrally‑located premises. Completion is slated for 2027, positioning the project as a key addition to the City’s commercial‑real‑estate pipeline.
Citycon Signs Non-Binding LOI for €400m Finland Asset Divestment
Finland‑based retail property owner Citycon has signed a non‑binding letter of intent to divest a portfolio of Finnish assets for €400 million (approximately $436 million). The transaction will be executed by an undisclosed buyer, while Citycon will retain responsibility for property‑management services...
UBS Commits over €158m to Empira German Residential Fund
Swiss bank UBS has pledged more than €158 million (about $172 million) to Empira's new German residential fund. The capital will be used to build a seed portfolio of rental apartments in Germany's seven largest cities, including Berlin, Munich and Hamburg. Empira...
Sunrise Fully Leases 673,000 Sq Ft Rugby Logistics Asset
Sunrise has fully leased a 673,000‑square‑foot logistics building in Rugby, United Kingdom. The transaction underscores the sustained appetite for high‑quality distribution space in the country’s core supply‑chain corridors. Sunrise highlighted the deal as evidence that demand remains resilient despite broader...
Singaporean REIT Expands European Footprint with €295m Logistics Deal
Frasers Logistics & Commercial Trust (FLCT) announced a €295 million (~$321 million) acquisition of logistics assets in Europe, marking its largest overseas deal to date. The purchase adds roughly 1.2 million square feet of warehouse space across Germany and France. Following the transaction,...
UK Prime Industrial Mid-Box Sector Sees Rising Rental Pressure as Supply Falls
The UK’s prime industrial mid‑box market is feeling heightened rental pressure as available space contracts. New speculative builds have slowed, leaving inventory about 8 % lower year‑on‑year, while e‑commerce and last‑mile delivery demand surge. Savills reports Q1 take‑up of 1.4 million sq ft...
UK Commercial Property Sector Faces Valuation Pressure From Energy Standards
Fund managers surveyed by re:sustain report that UK commercial property valuations are slipping as many assets fail to meet tightening energy performance standards. The survey finds widespread declines, with investors citing EPC shortfalls and upcoming Minimum Energy Efficiency Standards (MEES)...
Catena Adds Helsinki Airport Logistics Asset to Nordic Portfolio
Catena will acquire a 23,260 sqm logistics building near Helsinki Airport for about SEK 575 million ($63 million). The property, built in 2021, is fully leased to Cramo Finland under a 10‑year contract and is expected to generate SEK 34.5 million ($3.8 million) net operating income, yielding...
MCR Property Snaps up Manchester’s Iconic CIS Tower
MCR Property has purchased Manchester’s iconic CIS Tower, a Grade II‑listed landmark in the city’s financial district. The 12‑storey tower, completed in 1962, provides roughly 12,000 sqm of office space and sits on a prime central location. MCR plans a long‑term repositioning...
HIH Invest Completes Sale of Office Building in Dresden
HIH Invest has finalized the sale of an office building in Dresden that it purchased through a 2020 fund structure. The transaction closes a multi‑year hold period for the asset, which was part of the firm’s broader German office portfolio....
Helical Pushes Ahead with 700,000 Sq Ft Office Pipeline Amid Tight London Supply
Helical announced a 700,000 sq ft office development pipeline in London, positioning the firm to capitalize on the city’s chronic office‑space shortage. CEO Matthew Bonning‑Snook described the past year as “extremely active and productive,” highlighting the company’s aggressive leasing and construction schedule....
Clarion Partners Europe Buys Portuguese Supermarket Portfolio
Clarion Partners Europe has acquired a portfolio of Portuguese supermarkets, adding roughly 15 stores and 200,000 square feet of retail space to its European assets. The transaction, valued at about €120 million (approximately $130 million), was completed with a local owner who...
ABP, Rockfield Launch €350m Dutch Venture for 2,000 Homes
ABP and Rockfield have announced a joint venture to invest €350 million (about $380 million) in the Netherlands, aiming to deliver roughly 2,000 new homes for students and young professionals. The partnership will focus on high‑density urban sites across multiple Dutch cities...
Sun Communities Agrees £768m Sale of UK Assets to Aermont
Sun Communities has agreed to sell its United Kingdom manufactured‑home and RV assets to Aermont for £768 million, roughly $975 million. The deal will transfer more than 5,000 sites to the British investor. Proceeds from the transaction will be redeployed into Sun’s...
British Land Portfolio Values Rise as Leasing Activity Strengthens
British Land reported that its property portfolio values have risen, driven by a noticeable uptick in leasing activity across its office and retail assets. The company now projects earnings per share of at least 30.5 pence (approximately $0.38) for the...