News – Page 376
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Nuveen buys European renewable energy fund manager Glennmont
Glennmont will be Nuveen’s investment centre for clean energy infrastructure
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Aviva Investors invests £100m in London office project
Aviva Investors buys Bermondsey Yards from Sellar who will act as co-developer
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Mulbury secures project funding from Cheyne UK impact property fund
Cheyne is invested £32m to fund 144 apartments in Manchester’s New Cross neighbourhood
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Round Hill agrees first Spanish student housing development deal
Specialist real estate investor buys 12,800sqm site in Madrid for PBSA development
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Eskmuir Properties buys £45m UK portfolio from L&G industrial fund
Lunar Portfolio comprises eight assets with internal area of 497,715sqft across 96 units
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InfraRed fund buys £51m UK last-mile portfolio from NW1, Marchmont
InfraRed’s Urban Logistics Income Fund acquires 261,000sqft portfolio of eight assets
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Cromwell Property appoints Vanhanen Europe managing director
McLaughlin will leave the business at the end of March
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Fidelity enters life science property market via €54m Dutch deal
Fidelity Eurozone Select Real Estate Fund buys Mirai House at Leiden Bio Science Park
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CBRE GI buys fully-let 60,000sqm logistics asset in Belgium
Acquires Casa Distribution Centre in Olen from Domus Logistics
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RedTree, Eternam and M&G’s Asian client co-invest in Paris office complex
Value-add manager led by Eric Sasson raises €250m and targets co-investors for French real estate
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GLP raises additional €500m for European logistics fund
Additional fundraise takes GLP EIP II’s total equity commitments to €1.6bn
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Climate Adaptive to invest up to $150m to fund US hydroelectric projects
CAI to invest into the Rye Hydro projects which add 250MW of low carbon generation
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Cromwell Property sells four Dutch assets for €30m
Real estate manager disposes assets in separate deals to unnamed buyers
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Fundraise for Grain US communications infrastructure fund reaches $2bn
GCOF III, which has $2.25bn hard cap target, is expected to have final close in the current quarter
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Real estate investors adhere to future strategies – INREV
Survey shows majority of investors do not intend to change their plans, despite Covid-19 the disruptions
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Garbe buys 110,000sqm German logistics portfolio from Goodman
The four new-build logistics properties have been acquired on behalf of two Garbe funds
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TRIG, Equitix to buy CIP’s stake in 588MW Scottish offshore wind
TRIG and Equitix are each buying a 17.5% stake in Beatrice wind farm for an undisclosed sum
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CapRock raises $250m for third value add US industrial fund
Fund II expects to allocate around a third of its capital by first half of 2021
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Carlyle, Safestore JV buys Dutch self-storage operator Opslag XL
Opslag XL’s owns two freeholds in The Hague and Hilversum and one short leasehold in Amsterdam
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Aberdeen Standard invests in hybrid home-hotel real estate
£10m deal marks first institutional acquisition of a ‘hometel’