All PropertyEU Archive articles – Page 157
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PropertyEU ArchivePrime Milan office changes hands for €25 mln
Gruppo Lactalis Italia, the Italian arm of the French agri-food multinational, has acquired an office property in Milan for over €25 mln.
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PropertyEU ArchiveLondonMetric offloads €20m of long-income and retail assets
LondonMetric Property has announced the sale, in separate transactions, of four long income and retail assets, for £16.9 mln (€20 mln). The combined price is in line with book value.
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PropertyEU ArchiveHarris puts major UK PBSA portfolio on the market
Harris Associates is putting a 2,000+ bed PBSA portfolio across five undersupplied UK university cities on the market, on behalf of owners Southern Grove and Tadhamon Capital.
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PropertyEU ArchiveWeWork to renegotiate most office leases, says CEO
Flexible office specialist WeWork has announced that it will be seeking to renegotiate nearly all of its leases around the world, a few weeks after the SoftBank-backed firm warned that there was ‘substantial doubt’ about its ability to continue as a going concern.
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PropertyEU ArchiveKajima expands German logistics portfolio with new buy
European property investor, developer, and asset manager Kajima is acquiring a 77,000 m2 greenfield site in Magdeburg, in the Saxony-Anhalt region of Germany, for an undisclosed amount.
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PropertyEU ArchiveWeekly data sheet: Return of stapled debt for distressed assets is a sign of the times
An investor confirmed clinching an Edinburgh shopping mall at way below replacement cost with stapled debt from the vendor.
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PropertyEU ArchiveBarings announces changes to European real estate leadership team
Real estate investment manager Barings has announced leadership changes within its European real estate team, following the news that Charles Weeks has decided to retire.
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PropertyEU ArchiveFrench investors increasingly active in Spain, UK and Italy, says Savills
French capital invested in European real estate came to a total of nearly €3.2 bn in the first half of 2023, accounting for 10% of all cross-border investment, according to the latest research report from Savills.
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PropertyEU ArchiveCrosstree raises €560m for 3rd special situations fund
London-based Crosstree Real Estate Partners has announced that it has raised £481 mln (€560 mln) at the final close of its Crosstree Real Estate Special Situations Fund III, exceeding the fund’s original target of £450 mln.
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PropertyEU ArchiveDekaBank lends €145m to AGC for logistics asset
Lender DekaBank has arranged a €145 mln senior debt financing secured against a portfolio of five newly built, last-mile logistics assets in Germany on behalf of AGC Equity Partners.
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PropertyEU ArchiveOrion poised to deliver 1,200 living units in Portugal
Orion Capital Managers (Orion) said on Friday that it will be able to deliver 1,200 units across the Portuguese residential and senior housing sectors following the acquisition of Nexity Portugal, the Portuguese residential development arm of French group Nexity.
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PropertyEU ArchiveNexity offloads development portfolio in Portugal to Orion
French property firm Nexity has announced the disposal of its activities in Portugal to Orion European Real Estate Fund V, a real estate fund managed by Orion Capital Managers, as part of a strategy to refocus its development activities in France.
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PropertyEU ArchiveCBRE reinforces sustainability team in Continental Europe
Global real estate advisor CBRE has announced the hire of sustainability expert Steffen Walvius to boost its ESG team.
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PropertyEU ArchiveBGO refinances Dutch high street retail portfolio
Real estate investment firm BGO has provided a €115 mln refinancing for the so-called ‘Nexus’ portfolio which consists of six regional, centrally located high street retail assets in the Dutch cities of Assen, Deventer, Helmond, Spijkenisse, Veenendaal and Venlo.
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PropertyEU ArchiveAPG launches Real Estate Responsible Investment Index Strategy
Dutch institutional investor APG announced on Thursday that it is introducing a cost effective ESG-focused Real Estate index strategy for pension funds.
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PropertyEU ArchiveLondon, Prague and Amsterdam lead flex office take-up in Europe
London City remains the most active flexible office market in Europe with the sector accounting for 13% of all office take-up in H1 2023, according to new research published by Savills and flexible office specialist Workthere.
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PropertyEU ArchiveMulti picks up Amsterdam land plots to build new project
Multi Corporation has acquired two freehold land plots in the heart of Amsterdam for the development of ten luxurious apartments and highly sustainable offices, marking the third development acquisition in 12 months.
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PropertyEU ArchiveEPRA 2023: delegates living with frustrations of a macro-driven market
The European Real Estate Association held its 2023 conference at the Landmark Hotel in London this week and still there is one big talking point – interest rates, writes PropertyEU’s Robin Marriott.
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PropertyEU ArchiveDublin’s Merrion House on the market for €20m
Joint agents Savills and Hooke & MacDonald have launched the sale of Project Vista comprising the prominent Merrion House office building and adjoining lands in Dublin 4.
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PropertyEU ArchiveSelect Property secures €150m backing for Manchester project
UK property developer, operator and investment specialist Select Property has secured a £128.5 mln (€149 mln) development finance deal to bring forward its landmark One Port Street residence in Manchester’s Northern Quarter.
