Latest Europe News – Page 179
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Primevest acquires Maastricht residential asset for separate account
The building was acquired from Sphinx Zuid, a joint venture between 3W and RO Groep
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Hammerson withdraws dividend and earnings guidance due to COVID-19
The retail-focused REIT says COVID-19 will have a material impact on the group in 2020
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CBRE GI buys Herengracht office asset from Angelo Gordon and APF
The Herenstaete, a national monument and dating back to 1616, is currently undergoing a renovation
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Luwin Real Estate buys 13,000sqm mixed-use Frankfurt asset from Invesco
Luwin bought Neue Mainzer Straße 74+80 on behalf of an unnamed German pension fund
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MIRA takes control of Spanish utility Viesgo
MIRA has acquired the remaining 40% stake it doesn’t already own for an undisclosed amount
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UK property group Ability acquires Bristol hotel from China’s CIMC Capital
CBRE said it has advised CIMC on the sale of the 201-bedroom asset for over £24m
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NewsKanAm buys Heimatministerium office asset in Nuremberg
The asset It offers a gross floor area of 6,506sqm, including 5,440sqm of lettable space
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RLI Investors to launch European last-mile logistics fund
The fund, which is expected to be launched this year will target German cities
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NewsUK freezes eviction for commercial tenants who miss rent payments
Protection will last until 30 June, with an option for the government to extend if needed
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Blue Colibri Capital fund invests in Austria’s office property sector
Warburg-HIH Invest has sold an eight-storey office building at Brehmstrasse 14 in Vienna to the Blue Colibri fund
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Moorfield and Highbridge sell Zeta office building ahead of plan
The 125,912sqft office building in northeast England was snapped up for £25m by an unnamed buyer
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LabTech to open up offices, apartments and event space to London emergency services
Camden Campus operated by LABS Collective to become COVID-19 support centre
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NewsAquila renewable energy fund deploys further capital
London-listed AERIF is buying Svindbaek II for €13.2m.
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NewsBlackstone acquires £120m UK logistics portfolio for Mileway platform
Clearbell’s West says uncertainty around COVID-19 unlikely to wane logistics sites in the medium to long term
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Deka acquires €98m office building in Poland from Skanska
Latest deal is Deka’s fourth acquisition with Skanska in Central and Eastern Europe
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Capital Economics predicts 10% drop in UK commercial property values
Consultancy does not rule out a “full-blown crash” comparable to 2008 if effects are prolonged
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Value-add investors could face disappointment amid COVID-19 fallout
Core investments expected to far better as real estate markets reprice
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UK railways pension scheme acquires 44,221sqft London office asset
The in-house manager for the UK’s £30bn scheme has paid an undisclosed amount to buy Camden Works
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CBRE GI logistics venture fund acquires 120,000sqm Italian portfolio
The portfolio in Turate includes a 40,000sqm warehouse and 194,000sqm of land for an 80,000sqm development
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Aberdeen Standard suspends trading in global real estate fund
The £550m ASI Global Real Estate Fund has been gated due to uncertainty over valuations of certain assets
