Latest reports – Page 386
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PropertyEU Archive
Qatari group wins €84m refinance for Covent Garden hotel
Specialist lender Cohort Capital has provided a £73 mln (€84 mln) loan to a Qatari-based group for the refinancing of the five-star NoMad Hotel in London’s Covent Garden.
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PropertyEU Archive
Genesta snaps up Swedish logistics asset in off-market deal
Nordic specialist investor has acquired a 101,000 m2 logistics property in Västerås, through an off-market transaction with ICA Real Estate.
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PropertyEU Archive
Second-tier European cities grow in popularity amongst hotel operators - research
Hotel operators are increasingly attracted to second-tier locations, according to the latest analysis from Cushman & Wakefield. Ghent (46%), Leipzig (26%), Erzurum (25%) and Dresden (23%) are the regional cities that have risen in attractiveness the most amongst hotel operators since 2021.
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News
Nine in 10 global investors expect to convert US offices to alternative use
Survey of AFIRE members finds 30% of investors’ office assets will require upgrading
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Opinion Pieces
Guest view: Pathways to decarbonising the maritime industry
Nicola Palmer explains how shipping poses a distinct set of challenges when it comes to energy transition
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News
TA Realty raises $1.77bn for value-add fund despite challenging market
Latest real estate vehicle beats fundraising target
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News
Keppel raises $575m for open-ended Asia-Pacific infrastructure fund
Keppel Core Infrastructure Fund has target of $2.5bn
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PropertyEU Archive
Weekly data sheet: Q-Park tops list of new assets for sale
Private equity giant KKR is said to be considering a €4 bn sale of European car park operator Q-Park, in the largest of a string of big-ticket sales launched this week.
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PropertyEU Archive
Picton names CFO
UK REIT Picton has announced the appointment of Saira Johnston to the board and as Chief Financial Officer, effective 1 April 2024.
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PropertyEU Archive
Trei Real Estate secures building permit for second PBSA project in Germany
Real estate developer and asset manager Trei Real Estate has secured a building permit for a student housing development in Wiesbaden, Germany.
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PropertyEU Archive
Construction work starts on UK’s largest logistics development
Global real estate investor Oxford Properties Group and logistics developer Logistics Capital Partners have kicked off construction of the UK’s largest logistics development.
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PropertyEU Archive
Newcore inks €23m of deals across UK social infrastructure real estate
Newcore Capital, a UK-focused real estate investment manager specialising in social infrastructure, has acquired four assets for £20 mln (€23 mln), as the manager continues to invest the £190 mln raised in May for its fifth value-add fund and core-plus strategies.
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PropertyEU Archive
Blackbrook’s Luoma: ‘Sale-leaseback will be an extremely interesting space over the next 12 months’
The recent softening in leasing demand for industrial logistics is due to the current economic uncertainty and should soon pick up, according to Arvi Luoma, CEO and co-founder of logistics specialist Blackbrook Capital.
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PropertyEU Archive
Nusco gets green light for second phase of mixed-use scheme in Romania
Romanian real estate developer Nusco Imobiliara has secured the building permit for the second phase of its Nusco City mixed-use scheme in Bucharest, Romania.
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PropertyEU Archive
Veidekke awarded €51m contract for senior home project in Norway
Scandinavian contractor Veidekke has been commissioned by Norwegian housing cooperative Obos to build a senior home project in Oslo, Norway.
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PropertyEU Archive
Frey acquires French shopping centre from URW for €272m
French shopping centre owner and developer Frey has acquired a major open-air shopping centre in Cagnes-sur-Mer, France, from Unibail-Rodamco-Westfield for €272.3 mln.
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PropertyEU Archive
Sonae Sierra and GFH kick-off €45m sustainable office project in Porto
Portuguese real estate developers Sonae Sierra and GFH have started construction of a new office complex in Porto, Portugal, for an investment estimated at over €45 mln.
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PropertyEU Archive
H.I.G. Realty provides €10m in funding for The Grounds project
Global investment firm H.I.G. Realty is investing €10 mln in German real estate project developer The Grounds by acquiring a bond, as part of a three-part funding plan.
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PropertyEU Archive
Europa appoints new head of operations
Real estate investor Europa has announced the appointment of Stefano Zucca Marmo as managing director, head of operations.
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News
Proceeds from Clearbell’s Amber Portfolio top £174m following final sale
Fund manager makes final sale of asset from portfolio acquired from Abrdn in 2015