residential

Asia Pacific

Savills IM Acquires Japanese and Australian Properties for Pan-Asian Fund

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…

EMEA

MRI Unveils Next-Gen Real Estate Platform

MRI Software has presented its vision for the next generation of its open technology platform MRI Agora™ at the company’s Ascend users conference in New Orleans. According to the software developer, the new Agora platform will enable real estate businesses to make better decisions through connected data, automate mundane tasks, and differentiate through technology. “The…

Contracts

Momentum Group Expands Property Management Portfolio with Grade A Liverpool Office Building

The Momentum Group has been awarded the property management contract for Grade A office accommodation, Aviation House on the Estuary Business Park in Speke, within the vicinity of Liverpool’s John Lennon Airport. The appointment adds 18,000 sq ft of space under management to the company’s growing portfolio of property management instructions including city centre properties,…

News

First European Jack Nicklaus Branded Residential Golf Development Under Construction

Nicklaus Companies and award-winning developer FM Group have launched the first residential golf community in Europe to be carry the legendary golfer’s name at Stonehaven in Scotland. The development of luxury homes at the historic Ury Estate is being built around an 18-hole Jack Nicklaus Signature Golf Course which is also the site of a…

News

UAE Students Driving Demand for London Homes

Estate agency Chestertons Global reports that a record number of applicants to UK universities from the UAE is increasing demand for new homes in Central London. Data from the UCAS university admission service confirms a record number of students from the UAE have applied to UK universities in 2022. The UK is highly regarded as…

Kuwait

Start Living Chooses MRI Residential Property Management Solution

Start Living, a single-family build-to-rent joint venture between TPG Real Estate Partners and Gatehouse Bank PLC, is implementing the MRI Living suite of solutions to drive operational efficiencies for their property management portfolio. Start Living offers two-, three- and four-bedroom homes in areas that provide family-focused amenities such as schools and leisure facilities, typically as…

design

Launch of Innovative Off-grid Lighting System

Scottish solutions business Eco Group has launched an innovative off-grid lighting system to cut energy bills and reduce the carbon footprint of businesses in partnership with renewable energy solutions specialist Kight Off-Grid Solutions. Eco Off-Grid is a standalone LED street lighting system which works independently from the grid. Powered by solar and wind energy, it can…

News

Savills IM Announces Acquisitions as it Launches UK Build-to-Rent Strategy

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…

Appointments

Leading Multifamily Sales Team Joins Cushman & Wakefield in Seattle

Cushman & Wakefield has welcomed a six-member multifamily brokerage team with over 225 recorded sales across almost 10,000 residential units and transactions exceeding US $1.5 billion to its office in Seattle. The distinguished team which is led by Tim McKay, Sam Wayne, Dan Chhan and Matt Kemper, has negotiated several, significant tansactions during the past…

Education

First-of-its-Kind Heat Maintenance Technician Apprenticeship

Pinnacle Group subsidiary Pinnacle Power is claiming a UK first following the development of a new Heat Maintenance Technician Apprenticeship programme. The new 36-month apprenticeship aims to support the UK’s journey to net zero, building on the sustainable energy expertise that Pinnacle provides its private and public sector commercial and residential property clients. Initial approval…

China

Shojin Reports Asian Investor Growth

FCA-regulated online real estate investment platform Shojin is reporting a 35 per cent increase in Asian investors over the past year as real estate in the United Kingdom continues to be in demand from global investors. The company is gaining strong momentum among investors based in Hong Kong, Singapore and Taiwan, mirroring the changing appetite…

design

The Haunting Impact of Decisions Past

Iain Cox, Chair of the Business Sprinkler Alliance (BSA) revisits a fire in a commercial laundry facility in the United Kingdom to argue building operators must look beyond current safety regulations. Recent years have highlighted the impact of design decisions on fire safety during the construction of buildings and the ensuing need for remediation. It…

Construction

UK’s Largest Urban Regeneration Project Breaks Ground

Construction is underway at Miller’s Quay, the £130 million urban regeneration development on the left bank of the River Mersey in North West England, and flagship project of the UK government’s ‘levelling up’ strategy. A partnership between Peel L&P, Wirral Metropolitan Borough Council, and long-term investor (and Peel funding partner) Pension Insurance Corporation (PIC), the…

News

Almost Half of Smaller UK Landlords Planning to Expand Portfolios

According to the latest survey from Handelsbanken, 49 per cent of small and mid-sized professional landlords with a minimum of four properties in the UK are planning to increase their portfolios in the year ahead, as optimism about residential and commercial property builds despite fears of an economic downturn and the cost of living crisis.…

News

Charitable Foundation to Donate Proceeds from US $37M Sale of North Hollywood Industrial Park

Cushman & Wakefield has advised charitable foundation, The Ben B. and Joyce E. Eisenberg Foundation, on the disposal of a fully leased industrial park totaling 139,567 square feet in North Hollywood, California, with all proceeds from the sale to support the foundation’s charitable activities. Known as the Sherman Way Industrial Center, the multi-tenant property consists…

News

Mixed Office and Retail Development Earmarked for LA Arts District

Plans have been unveiled for Above, a 350,000sf ground-up creative office project that will support the continuing regeneration of Los Angeles’ Arts District. Owned and entitled by LA-based The Legendary Group, the 17-story Class A project will consist primarily of 311,000 sf of office space on 12 floors plus 22,000 sf of ground floor production,…

fire safety

Make Do and Mend: Supporting the Environmental Argument Against Demolition

Tom Roche, Secretary of the Business Sprinkler Alliance, comments on calls from the Royal Institute of British Architects (RIBA) for the government to halt building demolition in favour of refurbishment and repurposing as the UK transitions to a more sustainable built environment. With the built environment accounting for 38% of total energy-related global CO2 emissions,…

Contracts

Trei Real Estate Awards Apleona Berlin Integrated FM Contracts

Trei Real Estate GmbH has selected Apleona to deliver integrated soft and hard FM services at two residential and commercial properties it is developing in Berlin. The contract covers a total of 304 apartments and retail stores with a total area of around 4,500 sq. m, and is due to start in summer 2022 six…

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