Latest reports – Page 413
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PropertyEU ArchiveAsda owners weigh up €585m store sell off - report
The Issa brothers, owners of UK supermarket chain Asda, are reported to be considering the sale of around £500 mln (€585 mln) of Asda stores to reduce debt on the portfolio.
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PropertyEU ArchiveVGP and Deka joint venture secure €330m financing for logistics portfolio
German lender Deutsche Hypo Nord/LB Real Estate Finance is providing a joint venture of VGP and Deka Immobilien with around €330 mln for the joint financing of a logistics portfolio.
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PropertyEU ArchiveHighBrook’s CityLink acquires urban logistics property in Delft
CityLink, the Dutch last mile urban logistics real estate platform founded by HighBrook Investors and Proptimize, has added an urban logistics property to its portfolio.
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PropertyEU ArchiveApleona expands UK footprint with takeover of JCW, a technical FM provider
European integrated facilities management company Apleona, based in Neu-Isenburg near Frankfurt (Main), has acquired the UK's JCW Group (JCW), based in Royston, Cambridgeshire.
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PropertyEU ArchiveJLL selects new CEO to lead growth in Middle East and Africa
Professional services firm JLL has appointed James Allan as CEO, Middle East and Africa (MEA), to drive its growth agenda in the region.
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PropertyEU ArchiveDe Boer stands down as CEO of BPD Europe
After almost 16 years as CEO and chairman of the board of the largest regional developer in the Netherlands and Germany, Walter de Boer (65) has decided, in consultation with shareholder Rabobank, to leave BPD Europe as of 1 December.
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PropertyEU ArchiveCommerz Real expands Spanish renewables portfolio
Commerz Real has expanded its European portfolio of renewable energy infrastructure with a deal in Spain for its impact fund Klimavest.
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NewsAltaGas to buy natural gas processing and storage facilities from Tidewater
TSX-listed AltaGas is paying $325m in cash and $325m in AltaGas common shares
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NewsMacquarie and Just Group finance UK healthcare facility project
Macquarie on behalf of retirement specialist Just Group provides £30m for Southampton project
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NewsDrax acquires UK electric vehicle charge point installer BMM
BMM currently has over 13,000 EV charge points installed
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NewsInfrastructure investor Igneo acquires DAH Group
Gustav Zech Foundation and Zech Group sell DAH to focus on real estate sector
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NewsOhio Police & Fire commits to Alterra’s US industrial outdoor storage fund
Ohio Police & Fire to place $75m into Alterra IOS Venture III
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PropertyEU ArchivePanattoni secures €54m loan from BNP Paribas for Bydgoszcz park
Panattoni has secured a €54 mln loan from BNP Paribas Bank Polska for the largest industrial park in Bydgoszcz, Poland.
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PropertyEU ArchiveKryalos Sgr fund acquires land in Rome for logistics development
Italian asset manager Kryalos Sgr, through its specialised logistics fund Mazer, has purchased a 57,158 m2 plot of land in Pomezia near Rome.
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PropertyEU ArchiveMulti Corporation names new managing director Iberia
European retail management and development company Multi Corporation has appointed Francisco Cavaleiro de Ferreira as managing director for Iberia.
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PropertyEU ArchiveScannell Properties acquires site in Germany’s Hesse for logistics project
Logistics developer Scannell Properties has acquired a 111,000 m2 site in Diemelstadt, in the German state of Hesse, for a logistics park.
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PropertyEU ArchiveBeal Homes wins planning permission for €245m resi project
UK housebuilder Beal Homes has secured full planning permission to complete its largest-ever development, The Greenways in Goole, worth £210 mln (€245 mln).
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PropertyEU ArchiveEuropean real estate investors anticipate 3-5% annualised return
Most European real estate investors (55%) expect an annualised return of 3-5% on new real estate investments, according to Union Investment’s survey of 134 property companies and institutional real estate investors in Germany, France and the UK.
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PropertyEU ArchiveUK house prices drop at fastest rate in 14 years
August saw the biggest fall in UK house prices for 14 years, according to the latest housing price index (HPI) of building society Nationwide.
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PropertyEU ArchiveGermany takes steps to boost institutional investment in housing
The German government is seeking to introduce tax incentives to support a struggling construction industry and encourage investment in housing, according to a report in sister publication, IPE Real Assets.
