All PropertyEU Archive articles – Page 209
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PropertyEU Archive
VGP enters Denmark with development land buy
Belgian family-owned real estate owner and developer VGP has secured almost 175,000 m2 of land near Vejle, marking the initial step towards its first project in Denmark.
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PropertyEU Archive
Hines picks up major Barcelona resi tower from local developer
US privately-held developer-investor Hines has agreed to acquire a 21,000 m2 high-rise hotel and residential building to be developed in Barcelona’s Esplugues de Llobregat area from local developer Sacresa.
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PropertyEU Archive
Office occupancy bounces back and reaches pre-pandemic level in selected cities, says Savills
Average occupancy rates across the continent’s offices have increased 12% from 43% last summer (June 2022) to 55% last month (February 2023), according to a new research report published by Savills.
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PropertyEU Archive
IC starts redevelopment of Frankfurt office into student digs asset
European student housing specialist International Campus (IC) said on Thursday that it has completed partial demolition work at its Main Volta project and is now starting the conversion work of the former office and residential building in Frankfurt West.
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PropertyEU Archive
Largest ever UK regional BTR funding deal announced
US investor Harrison Street has expanded its build-to-rent (BTR) joint venture with UK investment manager Apache Capital and NFU Mutual to fund Moda Living’s Great Charles Street, a 722-home BTR development in Birmingham, UK, with a £302 mln (€343 mln) gross development value.
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PropertyEU Archive
BGO’s Blakemore: ‘We’re sector agnostic, go for the best in class assets’
With €1.6 bn at hand and little competition in the market, BGO’s debt boss says the new UK lending fund can take its pick.
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PropertyEU Archive
Generali and ECE close €500m+ Pep shopping centre deal in Munich
Generali Real Estate and ECE Real Estate Partners have completed their acquisition of the Pep Shopping Centre in Munich Neuperlach, as part of a 50/50 joint venture.
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PropertyEU Archive
Marlet secures €384m loan from AIG and Activate for Irish projects
Irish property developer Marlet Property Group has agreed a record €384 mln financing facility with AIG and Activate Capital to fund the construction of two of its landmark developments.
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PropertyEU Archive
Cofinimmo sells Brussels office building to Corum Origin for €29m
Listed Belgian real estate company Cofinimmo has sold an office building in Brussels for €29 mln to French real estate investment fund Corum Origin.
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PropertyEU Archive
'€16b needed to push substandard UK commercial assets up to E on EPC
Property consultancy Rapleys has warned that 130,000 commercial properties across England and Wales face becoming obsolete with values effectively being wiped as the Government’s commercial EPC targets take effect.
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PropertyEU Archive
CTP seals 100,000 m2 sale-and-leaseback deal in Romania
European listed logistics property firm CTP has acquired an industrial portfolio of warehouses totalling over 100,000 m2 in Romania from French FM Logistic, a major supply chain services company operating across Europe.
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PropertyEU Archive
New COO Europe outlines her vision for LaSalle
Sustainability tops the agenda of Beverley Kilbride as she lands the chief operational role in Europe at the US investment management group.
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PropertyEU Archive
GRC IM arrives in Spain and Portugal
Real estate investment manager Global Realty Capital Investment Managers (GRC IM) has started operations in the Iberian market, opening offices in Lisbon and Madrid.
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PropertyEU Archive
Sonae Sierra acquires seven supermarkets in Germany
Portugal-based real estate company Sonae Sierra has acquired seven supermarkets in Germany for its Sierra German Food Retail Income Fund I for an undisclosed sum.
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PropertyEU Archive
AIF Capital acquires three care facilities for healthcare fund
AIF Capital Group has acquired three inpatient care facilities in Germany for the open-ended healthcare fund AIF Fürsorge I
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PropertyEU Archive
Garbe Industrial Real Estate invests €76m in German logistics property
Garbe Industrial Real Estate will build a 61,500 m2 logistics property in the Großkugel Industrial Estate, a few km west of Leipzig/Halle Airport, in which it will invest €76 mln.
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PropertyEU Archive
Mainzer Volksbank extends €43m credit line to Trei Real Estate
German real estate developer and asset manager Trei Real Estate has secured a credit line worth over €43 mln with cooperative bank Mainzer Volksbank.
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PropertyEU Archive
Italy's Coima steps into social housing with €300m fund launch
Italian asset manager Coima Sgr has revealed plans for a major expansion into social housing with the creation of a new platform in partnership with local housing cooperative consortium Consorzio Cooperative Lavoratori (CCL) as well as the launch of a €300 mln fund.
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PropertyEU Archive
Cromwell secures anchor tenant for €26m Milan office redevelopment
Real estate investor and fund manager Cromwell Property Group has secured an anchor tenant for its 10,000 m2 sustainable office redevelopment in Milan.
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PropertyEU Archive
Aermont Capital and Kervis team up on €250m Milan regeneration project
Pan-European real estate manager Aermont Capital and fund manager Kervis have teamed up on a major regeneration project in Milan worth €250 mln.