Latest reports – Page 509
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PropertyEU Archive
Blackstone to open Frankfurt office, takes space in Omniturm
US asset management giant Blackstone announced on Monday that it will open a new office in Frankfurt, Germany, in a move it says underscores its faith in the German market.
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PropertyEU Archive
MIPIM ended only a few days ago…then Credit Suisse
The topsy-turvy nature of real estate markets in recent years has been perfectly demonstrated in just a few days in the windy yet sunny south of France.
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PropertyEU Archive
Delin fund buys Dutch logistics asset from Deka
European logistics warehouse specialist Delin Property has acquired a fully occupied 36,600 m2 warehouse in the Arnhem-Nijmegen region in the east of the Netherlands, on behalf of its Dutch Logistics Fund.
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PropertyEU Archive
Schroders Capital, ExtendAM and Cèdre sell Paris hotel
Schroders Capital’s hotels team, private equity specialist ExtendAM, and family office Cèdre have finalised the sale of the Hotel Eiffel Blomet Paris to Financière M.P. Landowski for an undisclosed amount.
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PropertyEU Archive
Heitman seals Norwegian student housing platform buy
US-based global real estate investment management firm Heitman has announced the acquisition of Bo Coliving, a Norwegian student housing platform with over 1,400 beds across 52 properties in 13 cities, on behalf of an affiliate of the firm.
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PropertyEU Archive
C&W hires IWG’s De Groot as new head of Netherlands
Global real estate services firm Cushman & Wakefield has appointed Annelou de Groot as its incoming head of Netherlands. She will succeed Jeroen Lokerse who is moving to a global role as head of product innovation after 10 years leading the Dutch business.
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PropertyEU Archive
UBS, Credit Suisse tie up
A week ago, it would have seemed inconceivable, but UBS is taking over fellow Swiss banking giant, Credit Suisse, after a weekend of frantic talks designed to limit the risk of a systemic banking crisis.
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News
Brookfield sells half 378MW US hydroelectric portfolio to Argo
Argo makes sixth and final investment for Series 3 funds
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News
Stonepeak Opportunities Fund gets $75m from Missouri LAGERS
Stonepeak seeks $2.5bn to mainly invest in Europe and North America
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News
MIPIM: Major investors criticise SFDR’s ‘flawed’ categorisation for real estate
Large real estate investors effectively ignoring SFDR category labels, INREV delegates hear
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News
Michigan Retirement puts $300m in real estate via Lone Star fund
State of Michigan Retirement System backs Lone Star Fund XII
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News
Mirabaud adds 25,000sqm office complex to US real estate portfolio
Deal takes value of Mirabaud’s US real estate portfolio to almost $700m
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News
Goodman to develop A$4bn cargo hub at Japan’s Narita International Airport
Property group to build air cargo logistics hub on 70-hectare with Japanese local authority Tako Town
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News
Oregon PERF places $350m into EQT’s global infrastructure fund
NGP Natural Resources XIII also gets $200m from Oregon PERF
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PropertyEU Archive
Aggregate sells Portuguese resi developer VIC Properties for over €670m
Portuguese residential real estate developer VIC Properties has been sold by Aggregate Holdings to a consortium of institutional investors and the existing management team for over €670 mln.
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PropertyEU Archive
Corem divests two properties in Stockholm for €42m
Stockholm-listed property company Corem has entered into separate contracts to sell two properties for a combined SEK 467 mln (€41.8 mln) in underlying property value.
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PropertyEU Archive
Hammerson gets planning nod for Birmingham office repurposing
Hammerson has been granted planning consent for the repurposing of a former department store in Birmingham into 18,581 m2 of modern wellbeing-designed offices.
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PropertyEU Archive
MIPIM Awards 2023 winners revealed
The winners of the 2023 edition of the MIPIM Awards have been revealed in Cannes.
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PropertyEU Archive
Neinor Homes launches €30m resi project on Spain’s Costa del Sol
Listed Spanish property developer Neinor Homes has kicked off construction of a €30 mln housing project in the city of Estepona, municipality of Malaga.
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PropertyEU Archive
NCC lands €179m contract to build Scandic hotel in Denmark
Nordic construction company NCC has won a SEK 2 bn (€179.3 mln) turnkey contract from Bassin 7 Erhverv ApS to build a Scandic hotel on Denmark’s Aarhus Island.