All PropertyEU Archive articles – Page 143
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PropertyEU ArchiveTritax inks €577m green revolving credit facility
UK logistics specialist Tritax Big Box REIT has signed a £500 mln (€577 mln) sustainability-linked unsecured revolving credit facility (RCF) with a syndicate of its existing relationship banks and new lenders.
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PropertyEU ArchiveLeumi UK backs Dublin hotel deal with €43m loan
Specialist lender Leumi UK has agreed a €43 mln loan to The Dean Hotel Group for the purchase of the Clarence Hotel, a historic four-star hotel in Dublin’s city centre previously owned by members of the rock band U2.
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PropertyEU ArchiveTravelodge rolling out four new hotels in London
Budget hotel group Travelodge has started on construction of a new, 113-room hotel in Chiswick, as it expands its offering in London.
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PropertyEU ArchiveGenesta snaps up Swedish logistics asset in off-market deal
Nordic specialist investor has acquired a 101,000 m2 logistics property in Västerås, through an off-market transaction with ICA Real Estate.
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PropertyEU ArchiveGermany's Silverton partners with construction group on distressed asset solutions
Investment and asset management group Silverton has unveiled plans to collaborate with an international construction group and real estate service provider on distressed assets.
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PropertyEU ArchiveSecond-tier European cities grow in popularity amongst hotel operators - research
Hotel operators are increasingly attracted to second-tier locations, according to the latest analysis from Cushman & Wakefield. Ghent (46%), Leipzig (26%), Erzurum (25%) and Dresden (23%) are the regional cities that have risen in attractiveness the most amongst hotel operators since 2021.
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PropertyEU ArchiveThe Dot Group acquires CRM Students from Corestate Capital
Global student living specialist, The Dot Group, has reached a contractual agreement to acquire the CRM Students group of companies from Corestate Capital Holdings.
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PropertyEU ArchiveQatari group wins €84m refinance for Covent Garden hotel
Specialist lender Cohort Capital has provided a £73 mln (€84 mln) loan to a Qatari-based group for the refinancing of the five-star NoMad Hotel in London’s Covent Garden.
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PropertyEU ArchiveOffice in Scotland sells at 15% yield
A deal has been struck for an office building in East Kilbride, near Glasgow, Scotland, representing a 15% yield.
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PropertyEU ArchiveNusco gets green light for second phase of mixed-use scheme in Romania
Romanian real estate developer Nusco Imobiliara has secured the building permit for the second phase of its Nusco City mixed-use scheme in Bucharest, Romania.
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PropertyEU ArchiveConstruction work starts on UK’s largest logistics development
Global real estate investor Oxford Properties Group and logistics developer Logistics Capital Partners have kicked off construction of the UK’s largest logistics development.
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PropertyEU ArchivePicton names CFO
UK REIT Picton has announced the appointment of Saira Johnston to the board and as Chief Financial Officer, effective 1 April 2024.
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PropertyEU ArchiveTrei Real Estate secures building permit for second PBSA project in Germany
Real estate developer and asset manager Trei Real Estate has secured a building permit for a student housing development in Wiesbaden, Germany.
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PropertyEU ArchiveWeekly data sheet: Q-Park tops list of new assets for sale
Private equity giant KKR is said to be considering a €4 bn sale of European car park operator Q-Park, in the largest of a string of big-ticket sales launched this week.
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PropertyEU ArchiveEuropa appoints new head of operations
Real estate investor Europa has announced the appointment of Stefano Zucca Marmo as managing director, head of operations.
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PropertyEU ArchiveVeidekke awarded €51m contract for senior home project in Norway
Scandinavian contractor Veidekke has been commissioned by Norwegian housing cooperative Obos to build a senior home project in Oslo, Norway.
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PropertyEU ArchiveSonae Sierra and GFH kick-off €45m sustainable office project in Porto
Portuguese real estate developers Sonae Sierra and GFH have started construction of a new office complex in Porto, Portugal, for an investment estimated at over €45 mln.
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PropertyEU ArchiveFrey acquires French shopping centre from URW for €272m
French shopping centre owner and developer Frey has acquired a major open-air shopping centre in Cagnes-sur-Mer, France, from Unibail-Rodamco-Westfield for €272.3 mln.
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PropertyEU ArchiveNewcore inks €23m of deals across UK social infrastructure real estate
Newcore Capital, a UK-focused real estate investment manager specialising in social infrastructure, has acquired four assets for £20 mln (€23 mln), as the manager continues to invest the £190 mln raised in May for its fifth value-add fund and core-plus strategies.
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PropertyEU ArchiveBlackbrook’s Luoma: ‘Sale-leaseback will be an extremely interesting space over the next 12 months’
The recent softening in leasing demand for industrial logistics is due to the current economic uncertainty and should soon pick up, according to Arvi Luoma, CEO and co-founder of logistics specialist Blackbrook Capital.
