All PropertyEU Archive articles – Page 176
-
PropertyEU ArchiveBarratt seals €197m sale of 600 homes in the UK
UK developer Barratt has agreed the sale of 604 future homes to Citra Living Properties, a wholly owned subsidiary of Lloyds Banking Group, for a total cash amount of £168.4 mln (€197 mln).
-
PropertyEU ArchiveLeumi UK inks €23m loan to refinance UK care homes
Specialist property lender Leumi UK has provided Cinnamon Care Homes with a £19.5 mln (€23 mln) facility to refinance the development of Lakeview Grange a 51-bed care home in Chichester, West Sussex, in the UK, and Heathland House a 66-bed care home located in Ferndown, Dorset.
-
PropertyEU ArchiveLondonMetric offloads €50m of UK logistics assets
UK REIT LondonMetric Property has agreed the sale of five assets for £42.8 mln (€50 mln), reflecting a net initial yield of 4.5%. The sales are in line with the 31 March 2023 book value, the vendor said.
-
PropertyEU ArchiveBrookfield's Uxco splashes €90m on Geneva co-living asset
Uxco Group, an investor, developer and operator of student and co living real-estate (PBSA) in France majority owned by Brookfield, has announced its first acquisition outside of the Paris region with the purchase of a major co-living development near Geneva.
-
PropertyEU ArchiveSunrock, Patrizia bring onstream major solar power rooftop installations in Rotterdam
One of Europe’s largest solar power rooftop installations has been brought onstream by solar developer Sunrock on Patrizia’s 210,000 m2 Maasvlakte logistics development in Rotterdam’s harbour area.
-
PropertyEU ArchiveTwo of Oslo's most iconic properties change hands
The Tvenge family has acquired two of Oslo's most iconic office properties located at Henrik Ibsens gate 53 and Inkognitogata 34, for a gross property value of NOK 425 mln (€37 mln).
-
PropertyEU ArchiveFlexible office specialist Workthere expands UK team
Flexible office specialist Workthere, part of international real estate advisor Savills, has expanded its UK team with the appointment of Faith Robins, who joins as an associate director and will be based at the firm’s London headquarters.
-
PropertyEU ArchivePrimonial completes first phase of €1.4b deal; consolidates as 'undisputed’ healthcare real estate leader
Following an exclusivity agreement signed in March, Primonial REIM has managed to close the first phase of the acquisition of 64% of Icade's stake in Icade Santé for €1.4 bn.
-
PropertyEU ArchiveCheyne Capital in €102m refi in Dublin
Marlet Property Group, an Irish developer, has been seeking refinance for its 16,932 m2 prime office development.
-
PropertyEU ArchiveJP Morgan, CBRE execs: Europe CRE to stabilise from mid-2024
The European real estate sector will begin to stabilise from mid-2024 onwards, according to executives from US bank, JP Morgan, and global advisor, CBRE, at an event in London.
-
PropertyEU ArchiveGerman pension fund acquires Paris office in micro location near the Louvre
AM alpha, the German family office, has acquired for an undisclosed price, a 1,100 m2 office from SCI Premium Funding, a property company managed by Edmond de Rothschild REIM (France) on behalf of a German pension fund client.
-
PropertyEU ArchiveChanging of the guard in Europe for CPP IB
Andrea Orlandi has left as MD and head of real estate investments Europe at Canada Pension Plan Investment Board (CPP IB) - a position he held since 2014.
-
PropertyEU ArchivePbb finances Czech open ended fund
German lender, pbb Deutsche Pfandbriefbank, has agreed to provide refinance for assets belonging to Reico Nemovitostni, the largest real estate fund on the Czech market managed by property company, Reico
-
PropertyEU ArchiveKKR, Mirastar enter Sweden
KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, are investing in a last-mile logistics property in Stockholm.
-
PropertyEU ArchiveMulti hires experienced pro as head of leasing from Immofinanz
European retail management and development company, Multi Corporation, has appointed Andrea Boris Hipeco as the head of leasing.
-
PropertyEU ArchiveNrep appoints head of Germany, allocates €1b to market
Northern European real estate investor Nrep has appointed Wolfgang Ködel as head of Germany as of 1 July.
-
PropertyEU ArchiveUK build-to-rent investment volumes slump in H1 - research
A total of £1.9 bn (€2.2 bn) of investment was deployed into the UK build-to-rent (BTR) sector in H1 2023, down from £2.4 bn in the same period last year, according to provisional data from global real estate advisor, CBRE.
-
PropertyEU ArchiveCoima checks into 4* hotel in central Milan
Italian real estate investor Coima has acquired the HD8 Hotel Milano in Piazza Duca d'Aosta, opposite Milan's Central Station, for €23 mln from Covivio.
-
PropertyEU ArchiveCromwell sells 50% of Italian fund to Hong Kong's Value Partners
Real estate investor and fund manager Cromwell Property Group has entered into an agreement to create a joint venture with Hong Kong-based asset manager Value Partners Group, exchanging on the sale of a 50% stake in the Cromwell Italy urban logistics fund assets.
-
PropertyEU ArchiveJLL appoints head of operational RE, value and risk advisory EMEA
JLL has appointed Ross Petar as head of operational real estate, value and risk advisory, EMEA.
