Latest reports – Page 1076
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PropertyEU Archive
Valor and QuadReal launch €1b urban logistics JV
European logistics specialist Valor Real Estate Partners (Valor) is joining forces with Canada’s QuadReal Property Group (QuadReal) to invest €1 bn in urban logistics assets located in key UK, French and German cities.
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PropertyEU Archive
BNPPRE to advise on Proximus’ real estate strategy
BNP Paribas Real Estate has been appointed to an exclusive real estate adviser role by Proximus, a major telecommunications firm in Belgium, as part of real estate restructuring relating to its headquarters in Brussels.
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PropertyEU Archive
Demand for flex space skyrockets in Germany
Demand for flexible workspace in Germany grew by 79% in the first quarter of 2020 compared to Q1 2019, and by 20% between Q2 and Q3 of this year, according to The Instant Group’s latest report, Finding the Balance. Germany’s top eight cities, including Munich, Cologne and Leipzig, are behind ...
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PropertyEU Archive
Swiss Life appoints Eduardo Illitsch to enhance international strategy
Eduardo Illitsch has been appointed head of international sales at Swiss Life Asset Managers, responsible for the international sales teams in London and Frankfurt covering Europe ex-DACH and France, the Middle East and Asia.
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PropertyEU Archive
Demire announces €82m of secondary asset sales
German listed commercial property landlord Deutsche Mittelstand Real Estate (Demire) said on Thursday that it has taken advantage of strong demand from various investors to sell a total of 13 properties in seven transactions since July.
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PropertyEU Archive
Kennedy Wilson sells Dublin office for €141m
Global real estate investment company Kennedy Wilson has completed the sale of Baggot Plaza, a wholly-owned, unlevered Grade A office building located in Dublin’s city center, for $165.4 mln (€141 mln) to Deka Immobilien, the specialist real estate investments arm of the Deka Group.
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News
Blackstone spends £473m to buy Prologis UK logistics portfolio
The deal is the largest sale of logistics real estate assets on record in the UK
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News
Allianz, Telefónica form €5bn Germany fibre network expansion JV
The 50:50 JV will act as an independent wholesale company to deploy fibre optic networks across Germany
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News
GIC scales up P3 logistics platform with 33 German assets
The acquired Matrix portfolio includes assets in Berlin, Dortmund, Nuremburg, Hamburg, Hanover, Cologne, Dresden and Leipzig
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News
San Francisco’s Transamerica Pyramid tower sells for $650m
Deutsche Finance America, Shvo, BVK buy iconic office tower from Dutch insurer Aegon
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News
New Mexico SIC targets European logistics via Exeter fund
OKs $100m to the Exeter Europe Logistics Value Fund IV and $75m to AEW Real Estate Partners Fund IX
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News
People moves: Journo joins Hines from WeWork [updated]
Hammerson appoints Owens director of Ireland
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News
Meyer Bergman rebrands as MARK, eyes medical, digital real estate
Firm sees COVID-19 strengthening the appeal of emerging asset classes such as life sciences
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PropertyEU Archive
Mailbox REIT rewrites agreement with IWG, extends IPO timetable
Mailbox, a newly-launched REIT with M7 acting as asset manager, said on Thursday that it has signed a new innovative agreement with tenant, flexible office specialist IWG whereby occupiers will pay rent directly to the Mailbox REIT.
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PropertyEU Archive
Farallón puts €200m Barcelona hotel up for sale
Farallon Capital Management has reportedly put the Mandarin Oriental hotel on Paseo de Gracia up for sale.
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PropertyEU Archive
Hines appoints WeWork exec to lead European property management business
US privately-held developer-investor Hines has appointed WeWork executive Ronen Journo as European head of operations and senior managing director.
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PropertyEU Archive
Signa puts €650m of Berlin offices up for sale – report
Austrian property firm Signa has reportedly launched the sale of two Berlin office projects worth a combined €650 mln.
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PropertyEU Archive
GIC’s P3 snaps up Matrix portfolio in Germany for c€800 mln
P3 Logistic Parks (P3), the European logistics specialist owned by Singapore’s sovereign wealth fund GIC, has signed an agreement to acquire the Matrix portfolio of German retail assets in the second major acquisition in the country over the past 12 months.
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PropertyEU Archive
Croatia’s largest pension fund goes into real estate, M7 wins mandate
M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted property, has been awarded an advisory position helping Croatia’s largest pension fund, AZ, diversify into real estate for the first time.
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PropertyEU Archive
AEW to acquire two BTR developments in Spain
AEW said on Thursday that it has agreed to forward purchase two build-to-rent residential developments, Sol de Llevant and Terrasses de Llevant, in Palma, the capital of the Spanish island of Mallorca on behalf of a separate account mandate backed by a German pension fund.