CTP has signed a major expansion deal with Leroy Merlin Romania for a 48,500 sqm distribution centre at CTPark Bucharest West. The custom-built facility is currently under construction and is expected to be delivered by February 2027. This partnership strengthens the park’s position as Europe’s premier industrial hub while supporting the retailer’s growing logistics and supply chain requirements across the Central and Eastern European region.
Minor Hotels is set to debut its premium Colbert Collection brand in the UK with the opening of The WestDill Mayfair Hotel London in late 2026. Located in a historic Grade II listed former bank on Piccadilly, the five-star boutique property will feature 50 luxury rooms. The project marks the first European venture for the Royal Group of Companies Singapore and aims to blend heritage architecture with high-end hospitality.
Frasers Logistics & Commercial Trust has completed the purchase of a prime logistics site in the Netherlands for €43.0 million. The modern facility is fully leased to global provider DSV Air & Sea Nederland B.V. for nearly a decade. This strategic move increases the trust’s exposure to the Dutch market and aligns with its goal of expanding its high-quality industrial portfolio through income-generating assets.
Global investment group La Caisse and Prologis, Inc. have formed a new joint venture, Prologis Logistics Investment Venture Europe (PLIVE). The partnership begins with a EUR 1 billion portfolio of logistics assets across five European nations. La Caisse will hold a 70 per cent stake in the venture, while Prologis acts as the operating partner. The deal focuses on long-term growth through the acquisition and development of high-quality industrial properties.
The world’s largest real estate franchise by agent count is expanding its footprint in Europe. Keller Williams has officially awarded a new master franchise in Croatia. This move brings the total number of European regions for the brand to 21. Led by Boris Batelic, the firm plans to launch its first market center in the second quarter of 2026 to drive structural change in the local market.
JLL has promoted Julien Naouri to lead its hotel investment sales across Asia. Based in Singapore, Naouri starts his new role on 1 April 2026. He will manage the firm's sales strategy and operations throughout the region. With nearly twenty years of experience, he aims to help clients navigate a busy market as JLL forecasts hotel investment volumes to reach $13.3 billion this year.
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