Latest reports – Page 748
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PropertyEU ArchiveWorkspace to buy McKay Securities for €330m
Workspace Group, the London flexible office provider, has agreed a deal to acquire McKay Securities, the listed property owner focused on offices and industrial in the South East, for £272 mln (€330 mln).
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PropertyEU ArchiveCrossroads, Holland Immo and Apcoa ink major parking portfolio deal
Crossroads Real Estate (Crossroads), Primevest’s Holland Immo Group (HIG) and Apcoa Parking have announced the acquisition of the real estate and the operation of the parking garages in Scheveningen and Vlaardingen, the Netherlands, from the owners and founders of BKS Parking. Financial details were kept confidential.
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PropertyEU Archive€700m worth of Spanish hotel assets come up for sale
Spanish hotel property landlord Equity Inmuebles has reportedly put its 17-property strong portfolio on the market with a price tag of €700 mln.
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PropertyEU ArchiveRussians banned from Mipim as organisers condemn invasion of Ukraine
French government sanctions on the Russian Federation have blocked delegations and exhibitors from Russia from attending Mipim, the global trade fair which is due to begin in two weeks.
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PropertyEU ArchiveDavid Church joins board of BBS Capital
Independent debt advisory business BBS Capital has appointed David Church as a non-executive director, working closely with the senior team, led by Joanne Barnett and Adam Buchler.
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PropertyEU ArchiveNeinver hires new retail boss
Spanish retail specialist Neinver has appointed Francisco Gutiérrez as its new Retail director, reporting directly to Joan Rouras, the Group’s Leasing & Retail director.
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PropertyEU ArchiveAppetite for convenience sector dominates retail investment in Europe
2021 saw €32 bn invested into Europe’s retail sector, which was down 5% year on year and 27% below the five year average, according to new research from advisor Savills.
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PropertyEU ArchiveCorestate appoints new head of corporate finance and sales
German property group Corestate has appointed Nadja Hoppe to the position of head of corporate finance and sales.
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PropertyEU ArchiveSFL picks up Amundi HQ in Paris from Primonial
French office REIT Societe Fonciere Lyonnaise (SFL) has emerged as the buyer of the Pasteur building in Paris from Primonial Reim France.
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New Forests raises $120m in first close for new tropical Asia forest fund
Temasek, Asian Development Bank, Sumitomo Mitsui Trust Bank, Australian government back TAFF2’s first close
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Altarea halts plan to acquire asset manager Primonial
Altarea says some of the conditions agreed with Primonial in June last year were not met
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Cain enters UK logistics market with £550m portfolio purchase
Firethorn agrees to sell its 3.25m sqft UK logistics portfolio to Cain
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EQT seeks €5bn for new long-hold core infrastructure fund
EQT Active Core Infrastructure is expected to be held for 15 to 25 years
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CIM, Tides Equities buy $255m US apartment community from Northmarq
Sale price is second-largest, single asset, multifamily sale in Arizona history
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Legal & General’s UK modular homes arm buys second Kent site
Legal & General Modular Homes and Town & Country Housing buy site for 80 modular homes
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New York Common approves $1.3bn into real estate funds
Commitments include $300m into Ventas Life Science and Healthcare Real Estate Fund
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NewsHIG Capital raises $838m for fourth US real estate fund
Fund IV targets mid-cap assets with GAV of less than $200m
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I Squared plans $350m cold storage infrastructure investments in Europe
Manager’s ISQ Global Infrastructure Fund III fund creates Cube Cold Europe to target cold storage facilities
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PropertyEU ArchiveMarkets may be vulnerable to stagflation from Russian invasion
Experts are beginning to issue dire warnings of high inflation, high unemployment, and low growth.
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PropertyEU ArchiveAir treatment technology that kills Covid launched
TakeAir, a Belgian biotechnology firm specialising in indoor air quality improvement, has announced ground-breaking new Biospheric Air Treatment technology that kills airborne viruses such as Covid-19 in buildings.
