Independent investment and asset manager KGAL has announced that the KGAL ESPF 6 energy transition fund is investing in a green hydrogen project at Lubmin, a Baltic Sea port in Mecklenburg-Western Pomerania, with a total capacity of up to 1,050 megawatts.
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Panattoni, the largest logistics real estate developer in Europe, has launched a pan-European fund that will invest in modern, sustainable, income-producing logistics properties.
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UK real estate investor, developer and asset manager, Firethorn Trust, has secured planning permission to convert office asset One Bessborough Gardens into residential accommodation.
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UK REIT British Land has appointed Kelly Cleveland, currently head of strategy and investment, has been appointed to a new combined role of head of real estate and investment.
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LondonMetric Property has appointed Darren Richards to the newly created role of chief investment officer.
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Central and Eastern Europe investor and developer GTC Group has promoted Julita Kubalska to head of leasing retail in Poland. She will be responsible for the commercialisation of Galeria Pólnocna and Galeria Jurajska.
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Real estate services firm Cushman & Wakefield has promoted David Gingell to co-head of its EMEA equity, debt & structured finance (ED&SF) team.
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Crosstree Real Estate Partners, the London-based private real estate investment firm, and Bloom, the urban industrial investor and developer, have kicked off a new £200 mln (€239 mln) last-mile, industrial and logistics joint venture with the acquisition of a multi-let industrial estate in west London.
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Hungarian-owned Faedra Group has acquired sites in South Buda, Budapest, for two new last mile logistics developments comprising more than 21,000 m2.
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Spanish listed property developer Neinor Homes has inked a deal with Merak IMS, a holding company controlled by funds managed by Bain Capital, to acquire a 10% stake in Promociones Habitat.
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Hungarian retail real estate manager Shopper Park Plus (SPP) plans to acquire four Tesco-anchored retail parks in Slovakia with a total gross leasable area of 72,146 m2.
