Latest reports – Page 631
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PropertyEU ArchiveWeekly data sheet: August saw €600m Spanish office hat trick
In the second week back after the summer break the data sheet features August’s highlights, including office deals in Bilbao, Barcelona and Madrid.
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PropertyEU ArchiveAsda takes over €700m UK petrol station portfolio
UK supermarket chain Asda announced this week that it has agreed to acquire 132 sites in the UK from The Co-operative Group (Co-op) in a transaction valued at £600 mln (€694 mln).
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Lendlease hires Ex-Qatari Diar Americas CEO as Europe head
Toscano to lead Lendlease’s investment business in Europe
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KKR Americas fund pays $90m for 101 at Van Buren industrial asset
KKR Real Estate Partners Americas III buys industrial park in Phoenix’s Southwest Valley industrial submarket
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OCERS puts $125m into Cortland’s open-end US apartment fund
Cortland Growth and Income Fund targets gross returns of 10% to 12%
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ADIA, Greystar UK BTR partnership acquires south London scheme
Grosvenor sells former Peek Freans biscuit factory site in Bermondsey
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NewsKKR’s Mirastar expands logistics portfolio in Italy
Mirastar buys 41,400sqm portfolio of two assets located in Origgio and Settimo Torinese, Turin
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Link REIT secures commercial site at Hong Kong’s Anderson Road project
Link REIT wins HK$766m government tender to secure land at the industrial suburb of Kwun Tong
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NewsAware Super acquires Sydney site for essential workers housing project
Aware Super and Altis buy residential site on Sydney’s lower North Shore for around A$80m from Aqualand
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NYSCRF supports Noble hotel fund with $200m commitment
Noble Hospitality Fund V expected to reach $1bn hard cap by end of 2022
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Hines Asia Pacific fund strengthens logistics presence in Australia
Acquisition of two assets in Melbourne highlights the firm’s commitment to Australia and the logistics sector
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PropertyEU ArchiveDWS acquires Dublin resi project, eyes more deals in the city
German fund manager DWS has exchanged contracts to acquire a residential development in Dublin, Ireland, for one of its institutional real estate funds. Financial details were kept confidential.
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PropertyEU ArchiveHeimstaden hires new head of capital raising
Nordic residential property group Heimstaden has announced the appointment of Steen Lønberg Jørgensen as head of capital raising and client relations and member of group management.
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PropertyEU ArchiveLaSalle launches development of mixed-use scheme in Prague
LaSalle Investment Management (LaSalle) has launched the development of 100Yards in the prestigious Na Príkope street in Central Prague.
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PropertyEU ArchiveKKR's Mirastar expands in Italy with logistics buy
Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, has acquired two off-market logistics assets located in Origgio (Milan) and Settimo Torinese (Turin), with a total surface area of 41,400 m2 for an undisclosed amount.
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PropertyEU ArchiveDublin office development on the market for €71.5m
The Waterside office development in Citywest has been placed on the market by property advisor Savills Ireland with a guide price of excess €71.5 mln, representing a net initial yield of 7.3%.
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PropertyEU ArchiveEdyn continues Europe expansion with West London hotel buy
Extended stay hospitality firm Edyn announced on Thursday the expansion of its lifestyle brand Locke with the acquisition of the NH hotel in London’s Kensington and Chelsea district.
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PropertyEU ArchiveJesse Shapins joins NREP to spearhead sustainable development
Nordic property group NREP has announced the appointment of Jesse Shapins as head of urban strategy & design and co-lead of the Urban Development team, which is developing a blueprint for sustainable and inclusive neighborhoods.
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PropertyEU ArchiveNiam picks up Swedish retail park from Genesta
Swedish private equity firm Niam has acquired Solåsen Handel, a modern retail park located in an established micro location in Jönköping, Sweden, from Genesta’s GNRE Core Plus. Financial details were kept confidential.
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PropertyEU ArchiveGLP appoints senior head of newly launched renewables division in Europe
Global investment manager GLP has announced the appointment of Stefano Fissolo as senior director, renewables at GLP Europe.
