Latest reports – Page 1369
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News
Pacific Industrial offloads $213.5m California asset to unnamed investor
The Sierra Pacific Center is a two-building, 1.5m sqft facility
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KCOM agrees £504m offer from UK’s Universities Superannuation Scheme
USS said it has agreed to pay 97 pence for each share of KCOM
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NewsSBB acquires Finnish care homes and preschools for €142m
eQ Care sold the 27 retirement homes and 11 preschool properties to SBB
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News
Ivanhoé Cambridge expands UK logistics investments with PLP
The sites in Leeds, Sheffield, Crewe and Knowsley will have a GDV in excess of £300m
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NewsNew Mexico ERB allocates $100m to infrastructure co-investment programme
Non-discretionary global mandate managed by CBRE Caledon
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PropertyEU ArchiveIvanhoé Cambridge and PLP snap up four UK shed schemes
Canadian investor Ivanhoé Cambridge has acquired four UK logistics development schemes with a gross development value of over £300 mln (€346 mln) through its partnership with investment manager PLP.
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PropertyEU ArchiveAEW appoints head of Luxembourg
Global asset manager AEW has appointed Quentin Verschoren as managing director and head of Luxembourg with immediate effect.
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PropertyEU ArchiveApollo acquires 32 stores from Casino for €470m
US-based investment group Apollo Global Management has acquired 32 hypermarkets and supermarkets from French grocery group Casino for €470 mln.
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PropertyEU ArchiveUK authorities block merger between Sainsbury’s and Asda
The UK's competition and markets authority (CMA) has blocked the proposed merger between supermarket giants Sainsbury’s and Asda, after finding it would lead to increased prices in stores, online and at many petrol stations across the UK.
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PropertyEU ArchiveEPP obtains funding for next tranche of M1 Polish retail deal
Johannesburg-listed EPP has successfully completed an equity raise of ZAR 1.45 bn (€90 mln), with which the Polish retail specialist plans to fund tranche 2 of its M1 portfolio transaction.
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PropertyEU ArchiveTristan fund picks up Birmingham's tallest office project
Tristan Capital Partners' EPISO 4 opportunity real estate fund has acquired a freehold development site in Birmingham, UK from a Patrizia joint venture, with planning consent for a 105.5-metre office tower.
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PropertyEU ArchiveeQ inks Finland's second largest ever healthcare deal
Social property fund Samhällsbyggnadsbolaget i Norden (SBB) has acquired 48 Finnish properties - mostly elderly care homes and children's day care centres - from healthcare fund eQ Care for €142 mln.
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News
Lone Star Real Estate Fund VI to be given predecessor's uncalled capital
Uncalled capital from Lone Star Real Estate Fund V will be moved into Fund VI
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News
Cromwell Property withdraws takeover bid for London-listed RDI REIT
The RDI board considered the proposal to undervalue RDI and its prospects
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News
Supermarket Income REIT expands portfolio via £45m acquisition
The Tesco Extra supermarket in Mansfield was acquired from the Charities Property Fund
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News
3i European projects fund deploys €100m across four projects
The €456m 3i EOPF fund deploys capital in Portugal, Italy, Ireland and Germany
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News
M&G’s Asia business head Jeffrey joins Savills IM as CEO
Savills commenced search in July last year after Justin O’Connor left
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PropertyEU ArchiveEl Corte Inglés puts iconic stores in shop window
Spanish department store retailer El Corte Inglés has earmarked over a dozen of its stores for sale, including the flagship anchors of the Xanadu shopping centre in Madrid and the Francesc Macià shopping centre in Barcelona (pictured).
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PropertyEU ArchiveSavills IM appoints new Singapore-based CEO
Global real estate investment manager Savills Investment Management has appointed Alex Jeffrey as its new CEO.
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PropertyEU ArchiveHines hires Neinver director to head up Spanish business
US real estate firm Hines has appointed Vanessa Gelado as the new head of its Spanish operations.
