The investment entailed the installation of state-of-the-art pre-calciner technology, which is now fully operational at the plant.

The switch to zero carbon emissions footprint was achieved at the Tuzla plant.

Different price expectations between buyers and sellers pause transactions

The property is strategically located in Combs-la-Ville, a prime logistics hub only 35 kilometres south of Paris.

RICS's Global Commercial Property Monitor (GCPM) Q1 2023 report reveals a mixed picture.

Three new medium-sized IKEA stores are scheduled to be developed or under construction in Greece with the aim of opening in the next 2-3 years.

The current passing rent is £7.30 per sq ft on average versus a £10.90 per sq ft estimated rental value (ERV).

This deal marks Blackbrook’s first investment in Germany, and the eighth market the firm has entered since its launch in 2020.

A distribution of a dividend of €1.45ps (net €1.37/share) for the 2022 financial year was approved.

The property consists of three ground-floor processing units with an area of 3300 sq.m. and an office and showroom floor of 850 sq.m.