All PropertyEU Archive articles – Page 117
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PropertyEU ArchiveHines kicks off construction of pre-let distribution centre in the Netherlands
US privately-held developer-investor Hines has announced the start of construction of a new, high-quality distribution centre and office space at ABC Westland in Poeldijk, the Netherlands.
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PropertyEU ArchiveBlackstone prepares for major investment drive with real estate team reshuffle
US asset management giant Blackstone has promoted Ken Caplan, current global co-head of real estate, and Lionel Assant, European head of private equity, to the newly created roles of global co-chief investment officers (CIOs) ahead of what it expects to be an 'extremely active deployment period'.
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PropertyEU ArchiveStarwood buys massive UK hotel portfolio in €930m deal
Global private investment firm Starwood Capital Group announced on Friday that it has acquired a portfolio of 10 Radisson Blu hotels from UK privately-held hotel group Edwardian via an off-market transaction. Although financial details were kept confidential, media reports put the deal value at £800 mln (€930 mln).
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PropertyEU ArchiveBCPT cuts office exposure with €50m of UK sales
Balanced Commercial Property Trust (BCPT), managed by Columbia Threadneedle Real Estate, has agreed the sale of three office holdings in a strategic move to reduce its office exposure.
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PropertyEU ArchiveVonovia issues €465m bond on UK financial market
German listed property firm Vonovia has announced the issue of its first bond in pounds sterling. The unsecured bond, with a term of 12 years, has a volume of £400 mln (€465 mln) and bears a coupon of 4.5% after cross currency swap.
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PropertyEU ArchiveRealterm closes acquisition of 21,000-m2 logistics facility in the Netherlands
Realterm has announced the acquisition of Celsiusweg 60 and Newtonweg 23-25, a three-building, 21,049-m2 intermodal transload facility (ITF) located on a 38,904-m2 site in Venlo, Netherlands. The investment volume was just under €20 mln, according to the State’s land registry.
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PropertyEU ArchiveOxford, Pioneer embark on massive London office-to-life sciences conversion project
Global real estate investor Oxford Properties Group and UK lab specialist Pioneer Group have appointed Wates Group as the main build contractor for converting Victoria House in Bloomsbury Square, central London, into a state of the art life sciences hub which is due to complete in Autumn 2024.
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PropertyEU ArchiveFalling interest rates will be the catalyst for recovery, says CBRE
Falling interest rates will spur a revival in the real estate capital markets, according to CBRE’s 2024 European Market Outlook.
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PropertyEU ArchiveKajima appoints head of Polish student digs unit
European real asset investor, developer and manager Kajima has appointed Michal Obara as the managing director of Student Depot, Poland’s largest student accommodation provider.
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PropertyEU ArchiveInditex founder strikes again in Dutch logistics market
Pontegadea, the investment vehicle of Spanish billionaire and Inditex founder Amancio Ortega, has acquired another distribution warehouse in the Netherlands, six months after picking up a logistics hub in Venlo near the German border.
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PropertyEU ArchiveAEW closes acquisition of Natixis IM International’s private debt business
AEW Europe has confirmed that it has completed the acquisition of Natixis Investment Managers International’s private debt business, which originates and structures infrastructure and private debt real asset investments.
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PropertyEU ArchiveAviva invests €58m in UK housing association
Aviva Investors, the global asset management business of Aviva, has completed a private placement which sees it provide £50 mln (€58 mln) in funding to Hightown Housing Association (Hightown), which owns and manages more than 8,700 homes and care and supported housing projects across Hertfordshire, Buckinghamshire, and Berkshire in the ...
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PropertyEU ArchiveClarion raises €500m for new UK logistics fund
Clarion Partners Europe announced on Thursday that it has held the final closing of its core-plus, closed-end UK logistics fund, exceeding its capital-raising target, with £427 mln (€496 mln) of equity commitments.
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PropertyEU ArchiveLondonMetric to take over LXi in €2.2b deal
LondonMetric announced on Thursday that it has agreed a £1.9 bn (€2.2 bn) takeover of LXi REIT in a deal that will create the UK’s fourth largest REIT with net tangible assets of £4.1 bn.
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PropertyEU ArchiveItaly's Kryalos SGR offloads €120m of assets in Rome and Milan
Italian asset manager Kryalos SGR said this week that it has finalised the sale of four properties acquired in 2022 and belonging to the former Enpam pension fund portfolio.
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PropertyEU ArchiveCapMan makes 1st investment for new €500m social property fund
Nordic property investor Capman has made the first investment for its new Social Real Estate Fund (CMSRE) which is still in a fundraising phase targeting equity of €500 mln.
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PropertyEU ArchivePuma's Olympia loan is a first for group
Puma Property Finance has provided a debt facility of £72 mln (€83 mln) to the joint venture between Olympian Homes and Housing Growth Partnership (HGP) in the UK to deliver a 790-bed Purpose Built Student Accommodation Scheme (PBSA) in Nottingham city centre.
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PropertyEU ArchiveDRC Savills IM expands to US via Quadrant tie-up
DRC Savills Investment Management (DRC SIM), the specialist debt investment platform of Savills IM, has struck a JV with QCP, the owner of Quadrant Real Estate Advisors, to establish a US real estate debt investment business.
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PropertyEU ArchiveGrosvenor, Generali team up on private UK RE debt strategy
UK property company Grosvenor and Italy's Generali Real Estate have launched a residential private debt finance co-investment strategy.
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PropertyEU ArchiveUnion Investment goes for 'generational change' for retail role
Germany's Union Investment Real Estate is bringing Markus Diers, 44, back into the fold to be in charge of retail asset management from March.
