More Top Stories – Page 446
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Infracapital to buy Northern Ireland fibre broadband network provider
Infracapital said it has agreed to acquire a controlling interest in Fibrus
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BlackRock raises €1.29bn for fifth Europe property fund
The value-add Europe Property Fund V fund has raised an additional €200m of commitments for co-investments
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AMP Capital takes additional stake in Auckland South Corrections Facility
AMP Capital now holds a 70% stake in the 960-bed facility,
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Orion pulls out of £400m deal to buy Hammerson’s UK retail parks
Goodbody says new bids will likely be considerably below the Orion price
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DWS adds 403,000sqft asset to Singapore logistics portfolio
The manager, on behalf of its Asia core real estate strategy, has bought the asset in Jurong for an undisclosed sum
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Harbert raises $510m for US senior housing fund
Harbert Seniors Housing Fund II has closed eight transactions to date
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Resonance wind energy fund adds four Scottish assets to portfolio
The British Wind Energy Income II fund invested £15.6m to buy the assets
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AIIM’s AIIF2 fund sells South African renewable energy projects
Co-shareholder IDEAS bought AIIF2’s 14% stake in Cookhouse wind farm and the 34% stake in REISA solar
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National Storage REIT to raise A$300m for investments
NSR is also raising A$30m from existing shareholders under a security purchase plan
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Florida SBA places $375m into opportunistic real estate funds
Florida SBA also issued a commitment of $150m to the PAG Loan Fund IV
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Novo Holdings buys 25% stake in Nordic real estate investor NREP
Novo has also invested €125m in the Nordic real estate investor’s latest value-add fund
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LondonMetric Property plans £100m fundraise to fund acquisitions
LondonMetric has identified some assets which would further strengthen its portfolio’s long term income characteristics
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Imperial Logistics to sell €225m European shipping business
Imperial South American shipping business will remain available for sale
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CIM Group launches real assets and credit fund
CIM will invest $20m in the CIM Real Assets & Credit Fund
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Redevco kicks off portfolio solar installation project
Redevco joins forces with COFRA to initiate the on-site renewable energy generation project
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Australian Unity Property sells A$72m Melbourne office to Japan’s NTT
An unlisted property fund managed by Australian Unity Property has sold an office building to Nippon Telegraph & Telephone Corporation (NTT) for A$72m (€42m). The Australian Unity Diversified Property Fund had acquired the asset, at 200 Victoria Street Carlton in Melbourne NTT operates a majority-owned real estate arm, NTT Urban ...
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Market Commentary: COVID-19 – RE markets dependent on foreign capital to decline
Coronavirus-related market commentary for the week beginning 27 April
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L&G 'defers' infrastructure equity strategy as Tom Sumpster departs
L&G says the move is to help focus on the continued growth of the infrastructure debt platform
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Aviva long income UK property fund invests £107m in warehouses
The Lime Property Fund has bought buy three UK logistics warehouses from clothing retailer Next in a sale and leaseback deal
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CBRE GI to buy $200m Silicon Valley office asset
South Bay Development and PCCP are selling the 369,000sqft 237 At First office complex in San Jose