All PropertyEU Archive articles – Page 137
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PropertyEU ArchiveHeitman expands Norwegian student housing platform
Global real estate investment management firm, Heitman has expanded its Norwegian student housing platform with the acquisition of two assets, Studinen and SG 28, in Gjøvik. Financial details were not disclosed.
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PropertyEU ArchiveMulti names new managing director in Germany
Multi Corporation, a European retail management and development company, has announced the appointment of Jörg-Michael Zimmermann as managing director Germany, effective immediately.
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PropertyEU ArchiveWeekly data sheet: Blackstone ploughs on in its favoured European real estate sectors
Blackstone recapitalised its Spanish hotel group, bought more student housing and refinanced industrial assets in a rare CMBS.
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PropertyEU ArchiveCBRE takes over UK retail asset manager
Advisor CBRE has announced the acquisition of one of the UK’s largest asset management and development management business, Sovereign Centros, for an undisclosed amount.
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PropertyEU ArchiveCapman hotels fund buys Finnish asset in value-add play
Capman's Hotels II fund has signed an agreement to acquire the Koy Oulun Kuvernööri asset in Oulu city centre, Finland, with the intention of redeveloping the building, currently used as an office, into part of Lapland Hotels Oulu.
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PropertyEU ArchiveKnight Frank IM appoints CIO
Knight Frank Investment Management (KFIM) has appointed John Styles as Chief Investment Officer (CIO), following Matthew McDonald’s promotion to CEO.
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PropertyEU ArchiveUnion appoints head of new asset management unit
German investor and asset manager Union Investment said on Friday that is combining its Asset Management Overseas and Asset Management Hospitality units, which operate in global markets. The newly created Asset Management Intercontinental unit covers the office, hotel, logistics and retail use types on a total of four continents.
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PropertyEU ArchiveBlackstone's Kereby portfolio secures €910m refinancing
Blackstone's Kereby portfolio including 154 assets located in central Copenhagen has won a DKK 6.8 bn (€910 mln) refinancing.
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PropertyEU ArchiveBelfast City Council seeks development partner for €720m regeneration project
Belfast City Council has begun the search for a development partner to help deliver £560 mln (€620 mln) worth of multi-site, residential-led, mixed-use developments across the city.
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PropertyEU ArchiveCBRE IM lands €360m resi portfolio in Berlin
CBRE Investment Management has exchanged contracts to acquire a circa €360 mln residential portfolio in Berlin, Germany, providing circa 1,200 residential apartments. The vendor is Vonovia.
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PropertyEU ArchiveWeWork in trouble, future uncertain
Flexible office provider WeWork is reportedly facing bankruptcy, as demand for co-working spaces has weakened as a result of the Covid-19 pandemic.
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PropertyEU ArchiveiQ snaps up two UK PBSA properties from Downing Students
iQ Student Accommodation has acquired two new purpose-built student accommodation properties in London and Edinburgh, from Downing Students.
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PropertyEU ArchiveCrestyl takes full control over Spravia
Czech real estate developer and investor Crestyl has acquired the remaining 50% stake in residential developer Spravia from Cornerstone Partners, giving it full ownership of the company.
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PropertyEU ArchiveSonar Real Estate JV acquires Munich office from Global Gate Capital
Germany’s Sonar Real Estate has partnered with an institutional investor to buy an office property in Munich, Germany from investment firm Global Gate Capital,
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PropertyEU ArchiveDowning secures €86m loan to support sustainable developers
UK-focused responsible investment manager Downings’s Property Finance Team received a £75 mln (€86 mln) loan from HSBC for its development finance business.
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PropertyEU ArchiveSkanska wins €74m in contracts to build residential and PBSA housing
Swedish property and construction company Skanska has been awarded a total of €74m in contracts in Finland and Norway to build residential and PBSA housing.
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PropertyEU ArchiveGarbe Industrial Real Estate kicks off €50m redevelopment in Duisburg
Garbe Industrial Real Estate has begun redeveloping a former steel mill into a multi-user park on the Zeus site in Duisburg, Germany.
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PropertyEU ArchiveLondonMetric Property divests office and long income assets for €28m
UK REIT LondonMetric Property has sold four office assets and two long-income assets in separate transactions for £24.5 mln (€28 mln).
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PropertyEU ArchiveSLP acquires two commercial properties in Sweden for €27m
Swedish Logistic Property (SLP) has acquired two fully leased properties in Malmö and Helsingborg, Sweden, from Evolv.
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PropertyEU ArchiveNyfosa offloads seven properties in Sweden for €25m
Swedish real estate company Nyfosa has offloaded seven properties in Sweden, as part of two transactions, for a total of SEK 299 mln (€25 mln).
