Latest reports – Page 1106
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News
APG, LCP expand London hospitality investment JV with new £76m deal
TPC has agreed to buy the Wellington block from Capital & Counties Properties
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NewsPeople moves: Muscat joins Mileway as head of transactions [updated]
Patrizia appoints Irons MD of transactions UK and Ireland
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PropertyEU ArchivePropertyEU Events: Logistics leaders say competition remains fierce
Leaders in the European logistics sector grouped together for PropertyEU’s virtual roundtable last week for a deep dive into the stand-out asset class of the real estate sector in this most unusual of years.
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PropertyEU ArchiveAmundi forward funds two Madrid office buildings
French group Amundi Real Estate has announced the forward purchase of Alcala 544 and 546, two office buildings with a total area of 30,000 m2 in Madrid, from BNP Paribas Immobilier Promotion IE and Therus Invest. Financial details were not disclosed.
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PropertyEU ArchivePatrizia hires new transactions head for UK & Ireland
European property giant Patrizia has strengthened its existing transaction and sector capabilities in the UK & Ireland with the appointment of Phil Irons as managing director of transactions for those markets.
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PropertyEU ArchiveInvesco sells prime Paris office scheme to La Française
Invesco Real Estate said on Thursday that it has exchanged contracts on a prime office asset in Paris to La Française Real Estate Managers on behalf of one of its clients.
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PropertyEU ArchiveCapco sells London hotel project to APG and LCP for €84m
UK property firm Capital & Counties (Capco) has exchanged contracts to sell the Wellington block, a hotel project in London’s Covent Garden, for £76.5 mln (€84 mln) before costs. The price is in line with the property valuation as at 30 June, the vendor said in a statement.
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PropertyEU ArchiveBlackstone puts €220m+ Milan trophy asset up for sale as cap rates tighten
US asset management giant Blackstone is understood to be seeking the sale of a 13,800 m2 newly-renovated trophy asset in the heart of Milan, in one of the first major commercial real estate transaction mandates in the city since the Covid-19 outbreak.
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PropertyEU ArchiveULI appoints former Greystar director as new UK head
The Urban Land Institute (ULI) has appointed Sarah Musgrove as its new UK executive director, leading the organisation's largest national council in Europe with over 1,100 members from the private and public sectors.
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PropertyEU ArchivePrimonial confirms €400m Spanish BTR JV with Grupo Lar
French asset management giant Primonial confirmed on Thursday that it is joining forces with Spanish construction and property group Lar to invest up to €400 mln in the Spanish build-to-rent sector.
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PropertyEU ArchiveSavills IM acquires distribution centres in Poland and the Netherlands
Savills Investment Management has acquired a logistics property in Lódz, Poland, and two adjacent distribution centres in Den Bosch, the Netherlands, for a total of €52 mln.
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PropertyEU ArchiveBlackstone’s Mileway hires Patrizia’s Muscat to grow portfolio
Blackstone’s European last mile logistics property arm Mileway has recruited Kevin Muscat as head of transactions, commencing 1 October.
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PropertyEU ArchiveCarter to succeed Grigg at the helm of British Land
Chris Grigg, CEO of UK REIT British Land for over a decade, is stepping down following delivery of the company’s 2021 interim results on 18 November.
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PropertyEU ArchiveUKCM exchanges contracts with M7 on €51m UK retail park
UK Commercial Property REIT (UKCM), which is managed and advised by Aberdeen Standard Investments, has exchanged contracts to sell Great Lodge Retail Park in Tunbridge Wells, UK, to M7 Real Estate for £46.25 mln (€51 mln) less rent guarantee deductions.
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PropertyEU ArchiveArrow forward funds major UK logistics asset
Arrow Capital Partners has announced the forward funding of the 248,000 ft2 (23,000 m2) logistics unit known as Corby 248 at Midlands Logistics Park, a joint venture between Mulberry Developments and Frogmore.
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News
Columbia Threadneedle leads reopening of UK property funds after RICS advice
Royal Institution of Chartered Surveyors recommends general lifting of material uncertainty clause.
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News
Clarion Partners Europe adds 37,160sqm warehouse in Spain to portfolio
The build-to-suit property is leased to Mediapost Spain on a 7-year double net lease
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News
CPP Investments names Deborah Orida head of real assets
Edwin Cass becomes CIO as Canadian pension eyes C$1trn of assets by 2033
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News
Bouwinvest Dutch healthcare fund buys care complex in Nieuwegein
The former office building is being converted into a care home for people with dementia and will be operated by ZorgSpectrum
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News
Savills IM European logistics funds add assets in Poland, Netherlands
ELF 2 and ELF 3 buy properties in Poland and the Netherlands for €52m
