All PropertyEU Archive articles – Page 202
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PropertyEU ArchiveMercan Properties opens first Renaissance Hotel in Portugal
Canada’s Mercan Group has invested €56 mln to open the first Renaissance Hotels in Portugal.
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PropertyEU ArchivePrimestar Group expands management team
German hotel operating group Primestar has expanded its management team as it increasingly focuses on digitalization and technology as well as on new target groups.
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PropertyEU ArchiveLIP Invest launches fifth logistics real estate fund
German logistics real estate specialist LIP Invest has launched its fifth logistics real estate fund.
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PropertyEU ArchiveZara founder snaps up Central London office for €93m
Spanish businessman and founder of fast fashion chain Zara, Amancio Ortega, has bought a five floor office building in central London.
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PropertyEU ArchiveRC Europe selects contractor for €75m Croatian logistic park
Czech developer and investor RC Europe has selected Croatian company Facies for the construction of a logistic park in Samobor, Croatia worth €75 mln.
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PropertyEU ArchiveConren Tramway signs €25m credit facility with CaixaBank
Spanish investment and real estate asset manager Conren Tramway closed a €25 mln green loan with CaixaBank to reposition an office building in Barcelona, Spain.
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PropertyEU ArchiveSkanska divests office building in Sweden for €22m
Swedish construction firm and developer Skanska has divested an office building under construction in Karlskrona, Sweden for about SEK 250 mln (€22 mln).
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PropertyEU ArchiveEurope to get 4.6m m2 of new office space in 2023 – Savills
In the 21 European markets tracked by global real estate advisor Savills, 4.6 mln m2 of office space is expected to be delivered this year, with 4.4 mln m2 predicted for 2024, a 27% growth on the historical average.
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PropertyEU ArchiveCovivio disposes of three office buildings in France for €131m
French property group Covivio has completed the disposal of three fully let office buildings in France totalling 27,000 m2 for €131 mln.
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PropertyEU ArchiveCDP earmarks €130m for innovative student housing projects in Italy
Italian asset managers InvestiRE and CDP Real Asset have set up the iGeneration Fund to create 1,800 beds in innovative university residences throughout Italy.
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PropertyEU ArchiveNyfosa divests 10 properties in Sweden for €49m
Swedish real estate company Nyfosa has divested 10 properties with warehouse and light industrial units, in two transactions, for SEK 555 mln (€49 mln).
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PropertyEU ArchiveUS real estate CEO on offices: ‘It’s a disaster. Developers are going to have to figure out how to repurpose office buildings’
European office investors will be eyeing the US market carefully for any comparisons as some hawkish real estate professionals in North America begin to make grave assessments.
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PropertyEU ArchiveM&G seals €31m social housing deal
M&G Real Estate has acquired 67 social housing apartments in Blackrock, Dublin, for €31.3 mln for its European Secured Property Income Fund.
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PropertyEU ArchiveLandsec spells out its €22m UK social impact fund – the S in ESG
UK Reit, Landsec, plans to invest capitlal through four new programmes aiming to create a ‘fairer, more equitable real estate industry’ so it better reflects the communities it invests in.
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PropertyEU ArchiveSavills IM strikes €100m off market resi deal
Savills Investment Management has entered into an agreement to acquire six fully let residential assets in Sweden for its European Living platform.
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PropertyEU ArchiveMSCI: UK monthly returns positive for first time in 10 months
Total returns for commercial property in the MSCI UK Monthly Property Index turned positive in March for the first time since June 2022.
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PropertyEU ArchiveOxford Properties hires lead finance pro on last year's €1.1b refinance of 22 Bishopsgate in London
Canada’s Oxford Properties Group has appointed Tina Pristovsek as VP, real estate finance & capital markets Europe.
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PropertyEU ArchiveSavills hires head of office leasing for Italy
International real estate advisor Savills has expanded its office agency team in Italy with the appointment of Eros Chiodoni, who joins with immediate effect as head of office leasing.
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PropertyEU ArchiveRemote work keeping prime European offices in 'distress' zone - research
A new report from Bloomberg Intelligence (BI) has found that prime offices in London and Paris may acutely feel the pain from remote work, as a mix of falling values and widespread vacancy destroys the city networking vibe and leaves high-quality buildings empty.
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PropertyEU ArchiveEurofund Group’s launches co-living concept in London
Eurofund Group, the international investment and development company, has launched Tribu, its first boutique living concept.
