Investment

News

Savills IM Acquires Swedish Distribution Centre for European logistics fund

Savills Investment Management (Savills IM), the international real estate investment manager, has acquired a distribution centre in Rosersberg near Stockholm, Sweden in an off-market transaction on behalf of its flagship European logistics fund, for an undisclosed purchase price. The fund’s portfolio comprises a total of 28 logistics assets in six European countries, and is now…

News

Fergus Keane to Join BNP Paribas Real Estate from Cushman & Wakefield

BNP Paribas Real Estate (BNPPRE) has announced the strategic appointed of Fergus Keane from Cushman & Wakefield as the new Head of its Central London Office Investment team. Keane, currently an international partner in Cushman & Wakefield’s London Markets team, has over two decades of experience in commercial property throughout the UK and Ireland. Working…

News

Savills IM Acquires Bury St Edmunds Warehouse Units

Savills Investment Management has completed the acquisition of five industrial warehouse buildings at Treatt Buildings, Northern Way Industrial Estate, Bury St Edmunds for £5.25 million (£833k per acre). The Northern Way Industrial Estate is located in an established industrial area of Bury St Edmunds and benefits from easy access to the A14, possessing a mix…

News

Savills IM UK Value Boxes Fund Deploys £75 Million on Retail Park Assets

Savills Investment Management’s UK Value Boxes fund has deployed £75 million on four retail park assets since launching in October 2021. Savills IM’s UK retail park strategy was launched in October 2021 with the aim of capitalising on the strong income-producing characteristics of the UK retail parks sector, with a focus on parks let to…

News

Seed Funding Round for AI Sustainable Commercial Building Design and Lifecycle Management Platform

Israeli tech startup BeamUP has raised US $15 million of seed funding from StageOne Ventures and US-based Ibex Investors to market its AI platform for sustainable design and lifecycle management of commercial real estate. The company which is also being supported by prominent business angels including Chano Fernandez, the CEO of Workday, utilises patented AI…

News

Savills IM Announces New Head of Client Capital for the Netherlands

Savills Investment Management has hired Jan Willem Vis as Head of Client Capital, Netherlands. Based in Amsterdam, Vis will report to Giuseppe Oriani, Co-Head, Client Capital (EMEA) and work alongside Edgar Hertog and Marcel Fleminks – Co-Heads of Savills IM’s Netherlands operations, in a role that will develop client relations in the region. With over…

News

Savills IM Expands Expertise in Living Space

Savills Investment Management (Savills IM) has hired Adam Alari as Head of European Living Research. Based in London, he will report to Andrew Allen, Global Head of Research, Product Strategy and Development.  Adam’s appointment underlines Savills IM’s commitment to expanding its expertise and product offering in the Living space. His experience across the commercial living…

News

Thornton Hall Country Park Goes Electric

A trail-blazing family business near Skipton has been named as the first location in Yorkshire to launch a Be.EV electric vehicle charging hub. Emma and Chris Harrison, who run Thornton Hall Country Park in Thornton-in-Craven, transformed their family farm into a thriving business and tourist attraction after they took over the business from Chris’ parents.…

News

Shojin Property Partners Secures First Real Estate Investment in ‘Silicon Valley of the East’

  Shojin Property Partners, an FCA-regulated online real estate investment platform, has successfully raised over £850,000 from more than 40 global investors for its first international project outside of the United Kingdom.  The funds will be used as an initial deposit to acquire 20 apartments within Muze, the first residential phase of the multi-billion Ringgit…

Events

Final Call for Exhibitors: International Property Show Dubai 2022

FM Industry partner event, International Property Show (IPS) Dubai, will take place from 24 to 26 March 2022, offering regional and global real estate investors the opportunity to benefit from an upturn in demand created by Expo 2020. Dubai’s real estate market continues to recover from the impact of the Covid-19 pandemic following the introduction…

News

Rating Action: Moody’s Upgrades Hammerson Outlook from Negative to Stable

Moody’s Investors Service (Moody’s) has today affirmed the Baa3 issuer rating and the Baa3 senior unsecured ratings of Hammerson Plc (Hammerson). At the same time, the rating agency has affirmed the Baa3 backed senior unsecured rating of Hammerson Ireland Finance DAC. The outlook of both entities has been changed to stable from negative. Rating-Action-Moodys-changes-Hammersons-outlook-to-stable-from-negative-affirms-Baa3-ratings-04Feb22-1

News

Savills IM Announces EUR 3.4 Billion of Transactions in 2021

Savills Investment Management (Savills IM) transacted more than EUR 3.4 billion globally in 2021, with Europe accounting for around EUR 2.6 billion and Asia EUR 670 million of the total figure. Globally, transactions included around EUR 2.1 billion of acquisitions and around EUR 1.2 billion of disposals, resulting in a net investment of approximately EUR…

News

Waterproofing a Prime City Centre Development

Eleven York Street, a 10-storey mixed-use development in Manchester city centre features a waterproof roofing system installed by BriggsAmasco. Combining prime office space, retail units and Grade A accommodation, the high-profile development which occupies an area of 26,000 square metres, was completed by Kier Construction on behalf of Aviva Investors to a design by AHR…

News

Savills IM Nordic Logistics Fund Sells Danish Portfolio

Savills Investment Management (Savills IM) has sold a logistics portfolio consisting of four assets in Kolding and Greve near Copenhagen, Denmark, on behalf of its Nordic Logistics Fund. Macquarie Asset Management acquired the portfolio on behalf of its European logistics real estate fund. The purchase price was not disclosed. The assets have a total lettable…

News

ABG Capital Acquires VTG Center, Hamburg

Institutional investment manager ABG Capital has agreed the acquisition of The VTG Center, a prominent multi-tenant office complex in Hamburg-Mitte, Hamburg from Savills Investment Management (Savills IM).   One of 11 property holdings in the Savills IM Real Invest 1 fund – a closed real property institutional investment fund launched by Savills IM and three…

News

Sale Heralds New Dawn for California Medical Facility

12.11.2021, 12:52 Sale Heralds New Dawn for California Medical Facility Cushman & Wakefield has advised on the sale of Tustin Rehabilitation Hospital, a 73,180 SF medical facility comprising two buildings in Tustin, California. Located at 14851 Yorba St and 165 N Myrtle Ave, the asset respectively consists of a single-story, 17,180 SF skilled nursing facility…

News

Savills IM Announces Senior Asia Pacific Appointment

10.11.2021, 11:20 Savills IM Announces Senior Asia Pacific Appointment Savills Investment Management (Savills IM) has appointed Nicholas Kinsey to the new role of Head of Logistics, Asia Pacific (APAC).   Stationed in Bangkok, Kinsey will assume responsibility for developing the real estate investment company’s logistics capabilities in the logistics sector across the Asia Pacific region.…

News

Savills IM Fund to Acquire Leipzig Office Building

30.09.2021, 14:44 Savills IM Fund to Acquire Leipzig Office Building Savills Investment Management (Savills IM) has signed a purchase agreement for an office building currently under construction in Leipzig for its club deal special fund, “Savills IM Real Invest 1”.   The developer and seller is Helaba Real Estate Group business, OFB Projektentwicklung GmbH, which specialises…

News

Family Investment Vehicle Acquires LA Retail Anchor Store

28.09.2021, 12:52 Family Investment Vehicle Acquires LA Retail Anchor Store Cushman & Wakefield has brokered the sale of a newly built single-tenant grocery property in Los Angeles, California for US $35 million. Completed in 2020, the 29,456 SF property is located prominently on the southeast corner of Centinela Avenue and La Tijera Boulevard and benefits…

Blog

Investing in Commercial Real Estate

23.09.2021, 18:43 Investing in Commercial Real Estate Despite a tail-off in demand for commercial real estate during the Covid-19 pandemic, the asset class is expected to return to growth rates similar to those of the last decade within five years. With offices reopening from national lockdowns imposed by many countries, employers are beginning to accommodate…

News

Work to Commence on Maybole Community Education Campus

22.09.2021, 13:42 Work to Commence on Maybole Community Education Campus hub South West – a public-private partnership between local authorities, the NHS, blue light services and multiple contractors, has concluded financial terms with Morgan Sindall for the construction of a £55 million Community Education Campus in Maybole, South Ayrshire, Scotland.   Scheduled to open in…

News

European Logistics Fund 3 Acquires Amsterdam Distribution Centre

24.08.2021, 11:31 European Logistics Fund 3 Acquires Amsterdam Distribution Centre Savills Investment Management (Savills IM) has acquired a newly completed distribution centre near Amsterdam, the Netherlands from VDG Real Estate for EUR 46.9 million on behalf of its European Logistics Fund 3.   ELF 3 is an open special alternative investment fund targeted at international…

News

Cushman & Wakefield Strengthens California Investment Sales

19.08.2021, 08:31 Cushman & Wakefield Strengthens California Investment Sales Veteran commercial land and investment sales professional John Kaufman has joined Cushman & Wakefield as a senior director of its Sacramento office. During the last two decades, Kaufman has brokered numerous transactions throughout California and Nevada. He has worked with many high-profile clients and dozens of…

News

Acquisition of Danish New-build Distribution Centres

18.08.2021, 08:45 Acquisition of Danish New-build Distribution Centres Savills Investment Management has acquired a newly built distribution centre and a distribution centre that is currently under construction in Horsens, Denmark, for its European Logistics Fund 3 (ELF 3).   The vendor and tenant in the sale-and-lease-back transaction is logistics service provider DKI Logistics A/S. The…

News

Savills IM Acquires Warehouses from UBS

11.08.2021, 14:05 Savills IM Acquires Warehouses from UBS Savills Investment Management has acquired two warehouses within the Leganés Logistics Park on the outskirts of Madrid from UBS Asset Management for EUR 51.56 million.   The logsistics facilities are the latest addition to Savills IM’s portfolio on the Iberian peninsula, which includes assets under management (AuM)…

FM Magazine

Building Maintenance, Insurance and the ‘New Normal’

04.08.2021, 11:39 Building Maintenance, Insurance and the ‘New Normal’ Cluttons’ Head of Project and Building Consultancy Robert Burke and Ben Warman, Partner, Real Estate & Construction at Lockton, discuss the implications of the UK’s Covid-19 lockdowns on building maintenance and insurance practices. Covid-19 has caused, and continues to cause, extraordinary levels of disruption to the…

News

CBRE Announces Senior Internal Appointments

29.07.2021, 13:02 CBRE Announces Senior Internal Appointments CBRE has promoted Emma Giamartinoto to the position of Global Group President, Chief Financial Officer & Chief Investment Officer, and appointed Vikram Kohli as Global Group President for Business Intelligence.   Giamartino previously served as the group’s Chief Investment Officer, with Kohli serving as SVP Business Insights &…

News

Rightmove Partnership Attracts Investors in Real Estate Auction Platform

14.07.2021, 10:05 Rightmove Partnership Attracts Investors in Real Estate Auction Platform RO Capital Partners, the recently launched PropTech investment division of the RO Group, has co-led a £1.1m funding round alongside the Cass Enterprise Fund in online property auction technology platform for estate agents and auction houses, Bamboo Auctions.   The investment has been supported…

News

Savills IM Adds Assets to Japan Residential Fund

30.06.2021, 10:38 Savills IM Adds Assets to Japan Residential Fund Savills Investment Management has acquired or committed to acquire a further JPY 24 billion (US $218 million) of residential real estate for inclusion in its Japan Residential Fund II (JRFII).   Twenty-four of the 27 new assets are in Greater Tokyo and will form part…

News

Contract Awarded for Cambridgeshire Net Zero Ready Industrial Development

28.06.2021, 11:20 Contract Awarded for Cambridgeshire Net Zero Ready Industrial Development Savills Investment Management (Savills IM) has awarded the construction contract for a new net zero carbon ready industrial development on the outskirts of Cambridge to be marketed as “Bourn Quarter”.   The contract award to Readie Construction follows a successful application for planning permission…

News

Investment AB Spiltan Increases AktivBo Stake

16.06.2021, 09:11 Investment AB Spiltan Increases AktivBo Stake Investment AB Spiltan is investing a further €1 Million in AktivBo Group, the Swedish developer of a survey and analytics platform for the global real estate industry. The growth capital will be used to accelerate technology development and scale up the international expansion of the PropTech company,…

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