Savills Investment Management (Savills IM) has completed investments in the office and residential sectors in Japan, as well as its acquisition of a local neighbourhood shopping centre in Australia for its flagship pan-Asian fund. In Japan, Savills IM has acquired a high-quality office in Greater Tokyo. The multi-tenant building totals approximately 5,500 sqm of rentable…
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SaaS building intelligence provider Infogrid has acquired Aquicore, a leading ESG data and analytics company that empowers real estate institutions to take the actions necessary to achieve net zero carbon. The announcement comes off the back of a period of high growth for Infogrid. In response to increasing demand from customers grappling with rising energy…
IDEXX has acquired Tecta-PDS, an innovative Canadian provider of automated water microbiology testing solutions for E. coli, total coliforms and other parameters used for laboratory and in-field analyses. Founded in 2003, Tecta-PDS has developed an effective and reliable automated water testing solution and has grown to expand its customer base in more than 50 countries.…
MRI Software has acquired UK-based Springboard, a provider of footfall counting and artificial intelligence (AI)-powered analytics to retailers, landlords, and government bodies. The acquisition expands the [email protected]™ for Retail solutions suite, which currently serves more than 500 retailers and retail property owners and operators globally according to the company. Leveraging plug-and-play software, existing camera networks,…
International real estate investment manager Savills Investment Management (Savills IM) has acquired three logistics properties in France for a total €72 million on behalf of its European Logistics Fund 3 (ELF 3). The ELF 3 portfolio now comprises 15 properties in five countries. In Dijon, an inner-city cross dock facility to serve the last mile…
Savills Investment Management (“Savills IM”), the international real estate investment manager, has acquired Pitmore, the UK Development and build-to-rent (BTR) specialist, as a key part of plans to grow its UK residential and BTR platform. As one of the UK’s most experienced residential advisors, being involved in the sector since 2012, the senior partners of…
Cushman & Wakefield has acquired Cresa Partners of Los Angeles, Inc., which provides commercial real estate services to clients in diverse industries, including entertainment, technology, interactive entertainment, professional services, biotech and transportation from locations in West Los Angeles, Woodland Hills and Westlake Village. Representing occupiers exclusively, the Cresa team comprises over 40 professionals, made up…
SOCOTEC Group has acquired Base Quantum, a Quantity Surveying, Dispute Resolution and Expert Witness practice, based in the UK. Base Quantum is a fast-growing organisation dedicated to the provision of Quantity Surveying services in relation to the pre and post contract commercial management of construction and infrastructure projects, and Expert Witness services involving the evaluation…
Unified communications, AV and device management company Utelogy has acquired CloudThinQ, an innovative, Seattle-based provider of IoT and real-time device management solutions for enterprise workplaces whose cloud-based enterprise IoT platform integrates building systems intelligently into a scalable framework for enhanced smart building experiences. Utelogy reports demand for its platform growth by over 280 per cent…
M7 has acquired the West One Retail Park in Eccles, Greater Manchester from the Frogmore Real Estate Fund III for a purchase price of £27.5 million.The retail park comprises 13 ‘big box’ retail units anchored by Lidl, The Range, McDonald’s, Subway, Home Bargains, The Food Warehouse, Jollyes Petfood Superstores, Pure Gym and Smyths Toys. Frogmore…