Shareholders in Purplebricks have voted overwhelmingly to sell the online estate agent for only £1 to Strike, a competitor backed by the telecoms tycoon Sir Charles Dunstone.

The demand for Physical retail has been reported increasing in the first quarter of the year with limited supply in both shopping centers and main Streets, according to Cushman&Wakefield Proprius recently unveiled Retail Marketbeat for Q12023.

Shares of SBB were up 27% at 10 a.m. London time after Bloomberg reported the troubled Swedish property group had attracted interest.

IREIT Global, a Europe-focused real estate investment trust managed by IREIT Global Group Pte. Ltd., is pleased to announce that IREIThas entered into a call option agreement to acquire a portfolio comprising of 17 retail properties located across France.

BlackRock Inc has announced that it has expanded its leadership team and is reorganizing its investment and client divisions in an effort to further grow its business.

With the participation of exhibitors from a vast spectrum of Real Estate, this year's shall be the third Premium Real Estate Expo 2023 in a row and will be held at the MEC exhibition center in Paiana, from Friday 9 to Sunday 11 June.

Water supply infrastructure in the settlements of D.E. Arkadiou of the Municipality of Rethymno to be upgraded. A financing proposal has been submitted by the DEYA of Rethymno for the upgrade of the water supply infrastructure.

Lamda reports another record-breaking operating performance for its retail parks.

Real I.S. AG has bought an apartment complex in Oatlands Manor, a housing development in south Dublin, from the Marlet Propety group.

Eurozone inflation has fallen more than economists expected to hit its lowest level since Russia’s invasion of Ukraine more than a year ago, but the head of the European Central Bank signalled more interest rate rises were needed to tame persistent price pressures.

The seasonally adjusted unemployment rate in April 2023 amounted to 11.2% compared to 12.7% in April 2022 and to the upwards revised 11.1% in March 2023.

FTC Hotels, the lifestyle hotel franchise collection company, which owns the two lifestyle brands Casa Cook and Cook’s Club, has been acquired by the Real Estate business within Goldman Sachs Asset Management (“Goldman Sachs”) for an undisclosed consideration.

MYTILINEOS Energy & Metals (“MYTILINEOS”) announced that it has entered into definitive agreements (each a “Share Purchase Agreement”) in connection with the purchase by MYTILINEOS’ M Renewables of a portfolio of 5 solar projects located in Alberta, Canada, from Westbridge Renewable Energy Corp (“Westbridge” or “Westbridge Renewable”), a utility-scale solar PV development Company, with anticipated aggregate capacity of 1,410 MWdc (1.4 GW) upon commercial operation.

In light of potential inflection points across interest rates, inflation and economic growth, this year’s UBS «Global Family Office 2023» report shows that family offices are planning the biggest shift in strategic asset allocation for several years. Following the end of close-to-zero interest rates, balanced portfolios with active management are returning to favor.

M7 Real Estate, the pan-European investor and asset manager, announces that it has signed a new letting with a logistics operator for c. 3,700 sq m of urban logistics space in Combs-la-Ville near Paris, France, an established distribution location with supply constrained dynamics.