XPROP’s Post

AUSTRALIAN #commercialrealestate #CRE investment grew further in three months to the end of September, with $11.5 billion in deals, marking the first two consecutive quarters of growth in transaction volumes since 2020. #commercialproperty #investmentsales #capitalmarkets #officeproperty #industrialproperty #retailproperty #officemarket #retailmarket #industrialmarket #industrialandlogistics

Sirius Real Estate pays €40m for two business parks in Germany Andrew Coombs, Chief Executive Officer of Sirius Real Estate, commented: “These acquisitions provide the Company with strong day one cash flow from a stable, diversified tenant base and align well with our strategy of curating a range of flexible out-of-town light industrial products that we expect to appeal to the local market. Acquired at attractive yields, these sites offer under-rented space and an opportunity to reduce vacancy and improve cashflow, providing a range of avenues for Sirius to leverage its UK and German operating platforms to generate significant value creation and to grow net operating income over the medium term. #germany #realestate #commercialrealestate

Sagard Real Estate Acquires Key Industrial Property in San Diego's Miramar Submarket Learn more & get our take 👇 https://lnkd.in/gP5AM5GV "We are thrilled to solidify a new partnership and acquire this property. This investment aligns with our strategy of targeting high-demand assets in thriving submarkets positioned for long-term success and resilience." — Chad Messer, Managing Director, Portfolio Management & Deputy CIO at Sagard Real Estate "The Miramar submarket is a vital hub within Central San Diego, offering excellent connectivity and a rich mix of tenants from various industries. The property's strategic location off Miramar Road and proximity to key transit routes like I-15 and I-805 make it an ideal investment. We see significant potential for rental growth and future redevelopment opportunities in this area." — John Bezouska, Vice President, Acquisitions covering Southern California at Sagard Real Estate #sandiego #industrial #SoRENews

🗞️ Development news: British Land continues to grow its leading retail park portfolio with £240m of acquisitions British Land has acquired £240m of high quality retail parks, reflecting a blended net equivalent yield of 7.4%. These acquisitions are in line with its plan to reinvest the £360m from the sale of Meadowhall Shopping Centre into growing its retail park portfolio. These acquisitions will increase FY26 earnings per share by 0.7p, fully offsetting the dilution from the Meadowhall disposal. FY24 LTV pro forma for the sale of Meadowhall was 34.6% and will increase by 1.8%. Source: British Land #BuildingServices #BuildingDesign #BuildingEngineering #CIBSE #BuildingServicesRecruitment #MEP #MEPEngineering #MEPEngineer #Rics #PropertyDesign #architecture #Construction #Urban #Design #Engineering #BuildingPerformance #fire #Sustainability #VT #VerticalTransportation #Fire #FireEngineering #RealEstate #HouseBuilding #London #MEPDesign #CIOB #Property #TheBuildingServicesPodcast #BuildingPodcast #BuildingServicesBlog

CenterPoint Properties has completed a four-building portfolio acquisition in the country’s preeminent port-proximate industrial submarket, South Bay, near the Ports of Long Beach and Los Angeles.   CBRE National Partners’ Darla Longo, Michael Longo, Joe Cesta, Eric Cox, and Barbara Perrier brokered the transaction. The four facilities in Compton, CA, at 1111 W. Artesia Blvd., 711 W. Walnut St., 1620 S. Wilmington Ave., and 425 Carob St., total 546,866 square feet and feature 113 dock-high loading positions, 12 ground-level loading doors, ample auto and trailer parking spaces and secure yards. "It’s rare to have the opportunity to acquire this type of scale in the South Bay. These four assets are synergistic with our existing portfolio and align with the CenterPoint investment strategy of accumulating scale in the premier infill logistics markets in the country.”  - Evan Lippow, SVP, Investments, West Region   “The South Bay submarket has an established track record of low vacancy, high rental growth, and high barriers to entry for new development. Our model allows us to identify assets that have the potential to be accretive for our portfolio on a long-term basis, and this portfolio supports that strategy." - Bob Andrews, SVP, Asset Management, West Region #industrialrealestate #commercialrealestate #logistics #supplychain #losangeles

It’s official - we’re the ones to call if you’re involved in property in Bedfordshire. Estates Gazette has just released their EG Radius stats for Q2 2024. The report weighs up all the disposals and acquisitions done on their platform between 1st April and 30th June and ranks companies based on how many deals they did. We came top in Bedfordshire with 27 deals - more than double the next four companies combined. In Buckinghamshire, we came a close second with 19 deals done, and we came fourth in Hertfordshire. The rankings include office, retail and industrial property. Our strong retail performance also earned us second place in the East of England region, with 82,057ft of retail space transacted. If you’re looking to buy, sell or lease property in the areas we cover, contact us: https://lnkd.in/d9Xx_46 #CommercialProperty #UKproperty #EGRadius #Industrial #RealEstate #Bedfordshire #Buckinghamshire #Hertfordshire

We are thrilled to announce a major milestone transaction in Whiteland, Indiana! JDM Partners successfully represented the buyer in the all-cash purchase of a prime 50-acre land site located at 200 West Street. 📍 Property Highlights: Size: 50 acres Location: 200 West Street, Whiteland, IN Transaction Type: All cash Closing Timeframe: 90 days 🔑 Deal Insights: This strategic acquisition marks a significant development opportunity in the rapidly growing area of Whiteland. The 50-acre site offers vast potential for a variety of uses, aligning perfectly with our client’s vision for expansion and growth. Our Role: As representatives of the buyer, our team at JDM Partners facilitated this seamless transaction, ensuring a swift and efficient closing process. Our expertise and dedication to our clients’ needs were pivotal in navigating the complexities of this substantial real estate deal. Stay tuned for more updates as we continue to facilitate impactful real estate transactions that drive growth and opportunity. #RealEstateInvestment #LandAcquisition #WhitelandIndiana #AllCashDeal #JDMpartners #CommercialRealEstate #EconomicDevelopment

We are pleased to announce the acquisition of an iconic residential building in the 17th arrondissement of Paris. This Haussmann-style property, built in the 1920s, covers approximately 5,000 square meters and is located at the prime intersection of Meissonier, Prony, and Cardinet streets. The acquisition marks our third residential transaction in Paris over the past 18 months. Rudy Sayegh, CFA, CEO of Global Gate Capital, commented: “This acquisition reflects our strategy to secure high-quality assets in strategic locations, continuing our pursuit of sustainable value creation for our investors. We remain focused on opportunities that leverage our expertise in repositioning assets to meet today’s standards." Florent JEANNEAU, Head of French Real Estate at Global Gate Capital, added: “We are delighted with the acquisition of this iconic building. Our goal is to enhance its value while respecting its historical character, and we see great potential for value creation in the Paris market.” #GlobalRealEstate #ParisRealEstate #ValueCreation #ResidentialRealEstate #ESG

Investment opportunities in retail and alternatives 📈 Speaking with Green Street News: Europe, Paul White, Fund Manager of Hines European Real Estate Partners III (HEREP III), commented on the attractiveness of alternative sectors like self-storage and the potential return of retail’s value proposition for skilled real estate investors. HEREP III, with its broad flexibility, also continues to target thematic high-conviction investments in student housing, logistics, and brown-to-green offices. #RealEstateInvesting #Investing #MarketingCommunication

Our monthly meeting of the London session of our UK wide M&A Networking is taking place tomorrow evening - 6-9pm near Marble Arch. Whether you're thinking of selling or wanting to grow your business by acquisition this is "no pitch" safe place to learn on both sides of the equation. We also welcome professionals involved in all aspects of M&A so that we can all share knowledge and experience. #mergersandacquisitions #businessgrowth #corporatelaw #businessvaluations