RICS's Global Commercial Property Monitor (GCPM) Q1 2023 report reveals a mixed picture.
The hotel is set to become the first DoubleTree by Hilton in Berlin, following an extensive multi-million euro remodelling.
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.
It is been reminded that within the Metropolitan Park will be established three museums.
How Community Land Trusts change the market.
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