All PropertyEU Archive articles – Page 173
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PropertyEU ArchiveLXi's CFO steps down to pursue other opportunities
The board of long income specialist LXi REIT has announced that Freddie Brooks has decided to step down as chief financial officer of the company’s investment advisor, LXi REIT Advisors, and will resign as a statutory director of the company’s subsidiaries, to pursue other opportunities.
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PropertyEU ArchiveBlackstone's Industrials REIT selects new CEO
Industrials REIT, the UK multi-let industrial (MLI) property company, has promoted Julian Carey, current managing director, to the role of CEO.
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PropertyEU ArchiveCushman & Wakefield appoints head of UK asset services
Cushman & Wakefield has appointed Andrea Penman as head of UK asset services.
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PropertyEU ArchivePalmira Capital Partners acquires German logistics asset
Palmira Capital Partners has acquired a new logistics building with a lettable space of approximately 18,000 m2 in Esselbach, Bavaria, in Germany.
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PropertyEU ArchiveSearchlight Capital snaps up Gresham House for €547m
US private equity group Searchlight Capital has acquired specialist asset manager Gresham House for £470 mln (€547 mln).
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PropertyEU ArchiveColonial sells land in Madrid to Siemens for new Spanish HQ
Spanish Socimi Colonial has sold 20,000 m2 of land in Las Tablas near Madrid to Siemens.
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PropertyEU ArchiveCBRE IM completes zero-emission logistics building in Warrington
CBRE IM has refurbished the Solar120 logistics building in Warrington, UK, by implementing renewable energy, zero emissions, and wellness features.
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PropertyEU ArchiveLandsec and British Land to unlock UK brownfield urban regeneration
Commercial property developers Landsec and British Land have called for changes to the UK planning system to support brownfield urban regeneration.
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PropertyEU ArchiveDPD launches biggest logistics project in Croatia
DPD Croatia has kicked off construction of the largest distribution and sorting centre in Croatia as part of a €23 mln investment.
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PropertyEU ArchiveCarmila inks €294m deal to buy French peer Galimmo
European commercial property owner Carmila has agreed to buy 93% of French shopping centre operator Galimmo and will file a tender offer for the remaining shares.
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PropertyEU ArchiveSBB to sell over €260m in properties to tenants
Swedish property group SBB has signed a letter of intent to sell properties to existing tenants for an agreed property value of over SEK 3 bn (€260 mln).
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PropertyEU ArchiveBerlin Hyp loans €23m to Osmab-led JV for NRW logistics property
German real estate and mortgage bank Berlin Hyp is providing a €23.2 mln loan to an Osmab joint venture for the construction of a logistics property in Germany.
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PropertyEU ArchiveSBS to divest €182m property portfolio in Copenhagen
Nordic student house developer Studentbostäder i Norden (SBS) has signed a non-binding letter of intent for the sale of a SEK 2.1 bn (€182 mln) property portfolio.
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PropertyEU ArchiveECE to develop first residential project in Italy
German property developer ECE has announced that it is to carry out its first residential development project in Italy with the launch of a housing complex in Rome.
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PropertyEU ArchiveDenmark’s Stykka announced as Nordic Region winner at ULI's PIC
The Urban Land Institute (ULI) Europe has announced that Denmark’s Stykka, an innovator in sustainable, digitally managed furniture products for the building industry, is the Nordic regional winner in the inaugural ULI PropTech Innovation Challenge (PIC), and the first of six regional winners to be revealed.
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PropertyEU ArchiveComment: financing is where the action is
As CBRE confirms in its latest data, large equity investments in Germany are not occurring at the pace they were in 2022.
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PropertyEU ArchiveDebt refinancing pile-up to accelerate, says Tikehau exec
‘A substantial inventory of debt at a very cheap cost has been piling up over recent years and needs refinancing,’ says Maxime Laurent-Bellue, head of tactical strategies at Tikehau Capital. ‘This is one of the themes that will dominate the next few years,’ he warns.
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PropertyEU ArchiveCoop Alleanza sheds €50m Italian retail portfolio through securitisation
Coop Alleanza 3.0 has divested a portfolio of retail assets across Italy to a special purpose securitization vehicle known as SPV Project 2203 S.r.l. for €50 mln.
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PropertyEU ArchiveAEW acquires 4-star Paris hotel from Commerz Real
Asset manager AEW has announced the acquisition of the 4-star Paris Marriott Charles de Gaulle Airport Hotel from Commerz Real for an undisclosed amount.
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PropertyEU ArchiveItaly's Coima secures €137m green loan for Porta Nuova scheme in Milan
Italian real estate investor, developer and asset manager Coima SGR has arranged a new €137 mln financing agreement with Banco BPM, Bayerische Landesbank, Crédit Agricole and ING Bank to refinance the Corso Como Place real estate complex held by Coima’s Porta Nuova Bonnet real estate fund.
