Latest reports – Page 1248
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PropertyEU ArchiveShiva Hotels inks €252m development loan for Marylebone scheme
UK-focused hotel owner and manager Shiva Hotels Group has secured a £230 mln (€252 mln) development financing package from property finance firm Cale Street Investments and UK investment firm Crosstree Real Estate Partners to fund the construction of a luxury hotel in Marylebone, London.
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PropertyEU ArchiveNuveen acquires strategic Dutch distribution centre
Global investment giant Nuveen Real Estate has acquired a distribution centre project in Apeldoorn, the Netherlands, from local developer VolkerWessels Logistics Development.
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PropertyEU Archivex+bricks shops for €500m German grocery portfolio
Proptech-driven Luxembourg-based investor, x+bricks, has acquired 120 grocery-anchored properties across Germany from TLG Immobilien for more than €500 mln.
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PropertyEU ArchiveMeyer Bergman buys first German residential-led portfolio
Privately-held real estate investment management firm Meyer Bergman has acquired a majority interest in a large housing portfolio in Germany, marking its first residential-led deal in the country.
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PropertyEU ArchiveEdmond de Rothschild hires new head of UK asset management
Edmond de Rothschild Real Estate Investment Management (REIM) has appointed Nick Hiles as head of UK commercial asset management.
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PropertyEU ArchiveOpinion: Distressed hoteliers 'hanging in there by their fingernails'
Dev Anand examines the hotel market, and asks whether after 10 years of too many buyers and not enough sellers, the market will now see the reverse.
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News
Shopping centre owner Intu falls into administration
Calls in KPMG as “insufficient alignment and agreement has been achieved” with creditors
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Lendlease and CPP Investments strengthen UK BTR partnership
Venture invests additional £85m to help fund 123 new BTR homes at Elephant Park in south London
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News
Unnamed SWF hires Cohen & Steers for $1bn global REIT mandate
The global mandate will be benchmarked against the FTSE EPRA NAREIT Global Real Estate Index
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News
SWIB OKs $535m real estate commitments, eyes further $459m
Places $300m into new debt and more than doubles investment in Carson industrial JV
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News
GIP finances Whistler US gas pipeline project
GIP Spectrum Fund and co-investors have closed on the purchase of $325m of an aggregate $400m notes in Whistler Pipeline
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NewsOhio SERS sets $200m pacing plan for real assets
Ohio SERS will mainly target real estate because it already has close to $350m in unfunded commitments to infrastructure
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PropertyEU ArchiveDea Capital postpones Rome deal closing to Sept on coronavirus
Italian asset manager Deal Capital Real Estate said on Friday that it has agreed to postpone the €41 mln closing of a major office building in Rome.
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PropertyEU ArchiveNorwegian property developer sells office for record price
Norwegian property developer Bane NOR Eiendom has sold a new office building in Drammen, a city near Oslo, for the record price of NOK 740 mln (€68 mln).
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PropertyEU ArchiveUnion Investment appoints Beos’ financial boss as COO
Union Investment Real Estate is expanding its senior leadership team with the hire of Beos’ chief financial officer Christoph Holzmann as chief operating officer (COO), effective July 1.
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PropertyEU ArchiveUK mall owner Intu set to enter administration
Struggling UK retail REIT Intu Properties said on Friday that it is likely to appoint administrators, after failing to reach agreement with creditors on further relief regarding its debt commitments.
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PropertyEU ArchiveSupermarket Income in talks to buy supermarket portfolio, collects 100% of rents
UK REIT Supermarket Income confirmed on Friday that it is in negotiations to acquire a portfolio of assets via a sale and leaseback transaction with a major grocery operator.
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PropertyEU ArchiveBauMont buys into Thames Valley Park from Microsoft
BauMont Real Estate Capital has exchanged contracts to acquire Buildings 4 and 5 on Thames Valley Park in the UK from Microsoft for an undisclosed amount.
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PropertyEU ArchiveLaSalle’s Europe CEO Karen Brennan takes bigger role at JLL
Jeff Jacobson will take over as interim CEO in Europe before a permanent appointment is made.
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PropertyEU ArchiveBrookfield hires European real estate debt expert
Canadian property giant Brookfield Asset Management has recruited GAM’s debt director Martin Farinola to its European property debt business.



