Newcastle Quayside sold

Newcastle’s Quayside restaurant building in the UK was launched. The restaurant served as a Chinese restaurant for a while. The facility, located in Close, has been serving as a Chinese restaurant, Liu Dining, since last August. The restaurant, which has both indoor and outdoor areas, has 160 cover personality areas. The restaurant has two main […]

AEW receives Glasgow retail space

AEW, acting on behalf of the AEW European City Retail Fund, bought the Scottish Stock Exchange building for 38.3 euros. The asset is the most retail building in Glasgow. The Scottish Stock Exchange building is located on 153-159 Buchanan Street and 6-11 Nelson Mandela Place. Covering an area of 57.190ft², the building has Class A […]

Starwood Capital will launch South Bronx mixed use project

Starwood Capital Group has announced its first deal under a new Opportunity Zone strategy. The strategy is a mixed use development in the South Bronx will be home to a PK-8 charter school. The group is partnering with New York City developer AB Capstone to develop the 147,000 sqaure foot facility at 425 Westchester Ave. […]

Generali and Poste Vita acquire Frankfurt office property

Generali Real Estate acquired the Marienforum office building in Frankfurt, Germany. The purchase price was not announced by the parties. Generali Real Estate, a joint venture with Poste Vita, acquired the French office. The transaction is the first agreement on behalf of a joint venture aimed at joint investment in the European real estate sector. […]

M7 acquires Tweedbank Industrial Estate

M7 Real Estate acquired the Tweedbank Industrial Zone in the Scottish Borders. The purchased asset is known as the largest industrial park in the region. M7 Real Estate acquired scotland assets using funds managed by Catalyst Capital. The real estate company received EUR 5.3 million from the fund for assets. This figure represents a yield […]

Oakman Inns acquires assets from the UK

The pub group purchased the pub presence from Oakman Inns, England. Hedderwick, Downoak was held in three slices with the purchase of two companies. After acquiring the existence of Oakman Inns, UK Pub, the company was the key strategic attempt to unite its business activities within. Peter Borg-Neal, CEO and Founder of Oakman Inns, says […]

YBA Kanoo signs a deal with Axa

Yusuf Bin Ahmed Kanoo Group (YBA Kanoo) which is one of the largest independent, family-owned groups of companies in the Gulf region, has signed a deal with Axa. In addition, Axa is the one of the largest international insurers in the GCC, for its new real estate development in Bahrain Bay. The new building will […]

Pakistan’s second-tallest building in Lahore

Pakistan government has relaxed rules and regulations to allow the construction of second tallest building in the country in Lahore. Sardar Usman Buzdar, Chief Minister Punjab, said that rules and regulations would be relaxed to encourage construction of the multi storey buildings in the city. Lahore Development Authority (LDA), the Chief minister directed the committee […]

Blackmore opened an office in Dubai

The Blackmore Group, based in Manchester, is expanding in Japan and Hong Kong as well as opening offices in new countries. The group opened an office in Dubai. Real estate investment giant, Blackmore opened an office in Dubai. The office was opened to provide marketing and management function and become the focal point for international […]

JV wins $739m EPC contract for Egypt water plant

Nasdaq Dubai and Egyptian Stock Exchange listed engineering and construction contractor Orascom Construction has won a $739m engineering, procurement, and construction (EPC) contract to build a water treatment plant in Egypt. The company will work alongside Cairo headquartered Arab Contractors under a 50:50 JV for the project, which will be the largest treatment plant in […]