The company reported a £32.5m loss for the year to 31 March 2020, compared with a profit of £15.9m in 2019, as adjusted EPRA earnings fell 16%. It attributed a 13.1% fall in net asset value (NAV) to one-off debt…
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Slovakian developer JTRE has reiterated its faith in London’s real estate market, securing a £177m construction loan on a flagship scheme and acquiring a well-known luxury development firm. The loan, agreed with ICG Real Estate, will be for the development…
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The developer, which acquired 60 Thomas Street last year, claimed the development would be “London’s most sustainable office tower”. The new office will have BREEAM Outstanding and WELL Platinum certification, which will make it the only office tower in London…
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Global real estate consultant CBRE is reporting this week that despite economic disruptions caused by COVID-19, industrial construction is continuing in the majority of major U.S. markets. CBRE’s analysis found that construction has been deemed “essential” in 16 of the…
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Allianz Real Estate, acting on behalf of several Allianz companies, has acquired a portfolio of prime multi-family residential assets in Tokyo for approximately €110 million. The portfolio comprises 11 newly built assets with 275 units offering 8,400 sqm net rentable…
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Cushman and Wakefield recently analysed responses from more than 40,000 individuals globally in the largest known survey conducted on work-from-home experiences during the COVID-19 pandemic, providing insight into how employees are coping and what the new normal will look like…
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REDD, the London-Monaco luxury property company, has received planning permission from Westminster City Council for Mayfair’s first ‘COVID-19 compliant’ mixed-use development at 82 Mount Street, a £40 million (GDV) 10,000 sqft scheme with COVID-19 safeguarding and homeworking features, offering a luxury-brand ground floor…
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Designed by legendary Italian architect Antonio Citterio in collaboration with Kobi Karp Architecture and Interior Design. Arte embraces its privileged setting in Surfside, an exclusive oceanfront enclave celebrated for its historic architecture and wide, tranquil beaches. Composed of 16 individual oceanfront residences,…
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