BREEAM

CIM Group Begins Final Phase of Renovations at Cathedral Square Office Campus in Guildford

Retrieved on: 
Monday, January 9, 2023

CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that it has begun the final phase of its campus upgrade and improvements program that includes the comprehensive renovation of Building 3000 at Cathedral Square, a three-building office campus in Guildford, United Kingdom.

Key Points: 
  • CIM Group, a community-focused real estate and infrastructure owner, operator, lender and developer, announced today that it has begun the final phase of its campus upgrade and improvements program that includes the comprehensive renovation of Building 3000 at Cathedral Square, a three-building office campus in Guildford, United Kingdom.
  • The building will also include a significant focus on outdoor amenities, such as green landscaping, a balcony, and an expansive rooftop terrace—the only office building in Guildford with rooftop access.
  • “CIM Group is committed to delivering a best-in-class building at Cathedral Square.
  • Cathedral Square is also situated near the area’s shopping and dining districts as well as the city’s numerous leisure and recreation options.

Breakthrough Properties Unveils Plans to Create a World-Leading Research Building in Burgeoning Oxford Life Science Market

Retrieved on: 
Wednesday, January 11, 2023

OXFORD, England, Jan. 11, 2023 /PRNewswire/ -- Breakthrough Properties, a leading global life sciences real estate developer, today unveiled development plans for its Trinity House by Breakthrough site in Oxford, England, one of the leading academic and innovation clusters in the world. 

Key Points: 
  • At the gateway of the 88-acre ARC Oxford Business Park, Breakthrough plans to transform Trinity House into a unique life sciences environment featuring 169,000 square feet of bespoke labs and offices.
  • "While Oxford has long been home to many of the world's leading academic institutions and researchers, it suffers from a deficit of world-class life science environments for translational research.
  • In 2022, Breakthrough acquired both Trinity House and The Vitrum Building, located inside St. John's Innovation Park in Cambridge.
  • In Boston, it recently completed The 105 by Breakthrough, which now serves as CRISPR Therapeutics' U.S. Research & Development headquarters.

Breakthrough Properties Unveils Plans to Create a World-Leading Research Building in Burgeoning Oxford Life Science Market

Retrieved on: 
Wednesday, January 11, 2023

OXFORD, England, Jan. 11, 2023 /PRNewswire/ -- Breakthrough Properties, a leading global life sciences real estate developer, today unveiled development plans for its Trinity House by Breakthrough site in Oxford, England, one of the leading academic and innovation clusters in the world. 

Key Points: 
  • At the gateway of the 88-acre ARC Oxford Business Park, Breakthrough plans to transform Trinity House into a unique life sciences environment featuring 169,000 square feet of bespoke labs and offices.
  • "While Oxford has long been home to many of the world's leading academic institutions and researchers, it suffers from a deficit of world-class life science environments for translational research.
  • In 2022, Breakthrough acquired both Trinity House and The Vitrum Building, located inside St. John's Innovation Park in Cambridge.
  • In Boston, it recently completed The 105 by Breakthrough, which now serves as CRISPR Therapeutics' U.S. Research & Development headquarters.

BioMed Realty Receives Approval to Deliver Much-Needed Lab Space at Cambridge International Technology Park

Retrieved on: 
Wednesday, November 30, 2022

BioMed Realty (BioMed or the Company), a Blackstone portfolio company and leading provider of real estate solutions to the life science and technology industries, received approval of plans to deliver 600,000 square feet of purpose-built laboratory space in Cambridge.

Key Points: 
  • BioMed Realty (BioMed or the Company), a Blackstone portfolio company and leading provider of real estate solutions to the life science and technology industries, received approval of plans to deliver 600,000 square feet of purpose-built laboratory space in Cambridge.
  • The Company will deliver the new development on the 15-acre Cambridge International Technology Park site, which it acquired in September 2021.
  • As of September 30, 2022, BioMed has more than 19 million square feet of space under occupation and development.
  • BioMed Realty, a Blackstone portfolio company, is a leading provider of real estate solutions to the life science and technology industries.

JLL Income Property Trust Continues to Achieve Sustainability Milestones

Retrieved on: 
Tuesday, November 29, 2022

CHICAGO, Nov. 29, 2022 /PRNewswire/ -- JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $7.1 billion in total assets, continued its strong performance against sustainability benchmarks, receiving a three-star rating from the Global Real Estate Sustainability Benchmark (GRESB) in the 2022 Real Estate Assessment. Notably, JLL Income Property Trust ranked in the top 10% for its overall management score when compared to all Americas-based funds, outscoring its peer group's average in 13 of 14 aspects rated by GRESB.

Key Points: 
  • "Incorporating a programmatic, holistic sustainability approach to portfolio construction is no longer a nice-to-have, it's a business imperative," said Allan Swaringen, President & CEO of JLL Income Property Trust.
  • JLL Income Property Trust also continues to earn certifications and ratings on its individual properties.
  • About JLL Income Property Trust, Inc.(NASDAQ: ZIPTAX ; ZIPTMX ; ZIPIAX ; ZIPIMX )
    JLL Income Property Trust, Inc. is a daily NAV REIT that owns and manages a diversified portfolio of high quality, income-producing residential, industrial, grocery-anchored retail, healthcare and office properties located in the United States.
  • JLL Income Property Trust expects to further diversify its real estate portfolio over time, including on a global basis.

Dalata Hotel Group Opens 50th Hotel, Clayton Hotel Glasgow City

Retrieved on: 
Tuesday, November 29, 2022

Dalata Hotel Group Plc (Dalata or the Group), the largest hotel operator in Ireland, growing rapidly in the UK and with a presence in continental Europe, today officially opens the Groups 50th hotel, Clayton Hotel Glasgow City, creating 100 jobs locally.

Key Points: 
  • Dalata Hotel Group Plc (Dalata or the Group), the largest hotel operator in Ireland, growing rapidly in the UK and with a presence in continental Europe, today officially opens the Groups 50th hotel, Clayton Hotel Glasgow City, creating 100 jobs locally.
  • Clayton Hotel Glasgow City is the Groups first Clayton hotel in Scotland, following the opening of Maldron Hotel Glasgow in August 2021.
  • In 2019, the city welcomed 2.5 million visitors, generating 774 million for the citys economy.i The city has historically achieved a strong RevPAR, altogether making it an attractive market for Dalata Hotel Group.
  • He said: The opening of our 50th hotel, Clayton Hotel Glasgow City is a significant milestone for us and is a further demonstration of the excellent team we have in Dalata, who continue to deliver on our ambitious growth strategy.

Lineage Opens New Fully Automated Cool Port II High-Rise Cold Storage Facility in the Port of Rotterdam

Retrieved on: 
Wednesday, November 23, 2022

Lineage Logistics, LLC (Lineage or the Company), one of the worlds leading temperature-controlled industrial REIT and logistics solutions providers, today officially opened its fully-automated Cool Port II cold storage facility in the Port of Rotterdam, Netherlands, adding a key European port location to Lineages global network of best-in-class cold storage facilities.

Key Points: 
  • Lineage Logistics, LLC (Lineage or the Company), one of the worlds leading temperature-controlled industrial REIT and logistics solutions providers, today officially opened its fully-automated Cool Port II cold storage facility in the Port of Rotterdam, Netherlands, adding a key European port location to Lineages global network of best-in-class cold storage facilities.
  • Best-in-class refrigeration technology and the latest systems for temperature control combined with the energy-saving design of the facility make Cool Port II a frontrunner in energy efficiency in the cold storage sector.
  • The site is up to 45% more energy efficient than a conventional cold storage facility.
  • Our new Cool Port II facility highlights the best-in-class approach that makes Lineage a unique and forward-looking partner for our customers, said Harld Peters, President of Europe at Lineage.

Iron Mountain Data Centers Expands Footprint in North America

Retrieved on: 
Thursday, November 17, 2022

The land is adjacent to Iron Mountains existing 39-acre campus that houses their AZP1 (41 megawatt) and AZP2 (48 megawatt) data centers.

Key Points: 
  • The land is adjacent to Iron Mountains existing 39-acre campus that houses their AZP1 (41 megawatt) and AZP2 (48 megawatt) data centers.
  • The Phoenix data center market continues to see a tremendous amount of growth and we are pleased to be expanding our footprint in this robust market, said Rick Crutchley, Vice President & General Manager, North America, Iron Mountain Data Centers.
  • Iron Mountains AZP2 data center is the first BREEAM design-certified data center in North America.
  • With this land acquisition, Iron Mountain Data Centers global footprint now has 20+ sites across 19 markets in 3 continents.

Custodian REIT plc : Leasing momentum continues to drive income returns and support fully covered dividends

Retrieved on: 
Friday, November 11, 2022

The refurbishment is expected to increase rents at the property from c. 20 per sqft towards c. 30 per sqft.

Key Points: 
  • The refurbishment is expected to increase rents at the property from c. 20 per sqft towards c. 30 per sqft.
  • The Board has approved another interim dividend per share of 1.375p for the Quarter, fully covered by EPRA earnings, payable on 30 November 2022.
  • The Board is targeting aggregate dividends per share9 of at least 5.5p for the year ending 31 March 2023.
  • At 30 September 2022 the property portfolio comprised 165 assets with a NIY of 5.9% (30 June 2022: 5.5%).

CAP3000 NAMED WORLD'S BEST SHOPPING CENTRE 2022

Retrieved on: 
Tuesday, November 8, 2022

SAINT-LAURENT-DU-VAR, France, Nov. 8, 2022 /PRNewswire/ -- The jury of this year's MIPIM Awards has recognized Altarea Commerce's CAP3000 as the "Best Shopping Centre" in the world thanks to an extension overlooking the sea completed in 2021.

Key Points: 
  • SAINT-LAURENT-DU-VAR, France, Nov. 8, 2022 /PRNewswire/ -- The jury of this year's MIPIM Awards has recognized Altarea Commerce's CAP3000 as the "Best Shopping Centre" in the world thanks to an extension overlooking the sea completed in 2021.
  • Having CAP3000 named the best shopping centre in the world is a big vote of confidence for us and welcome recognition for all our hardworking teams.
  • This award recognizes a feat of architecture that has opened the shopping centre onto the Mediterranean and revolutionized our customer experience.
  • With the extension, CAP3000 is the first shopping centre in the world with BiodiverCity certification and a BREEAM "Excellent" rating.