All PropertyEU Archive articles – Page 263
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PropertyEU ArchiveHillview and Shlomo in €24m value-add play in Birmingham
Hillview Real Estate, a UK regional office investor, and Sh.i.r. Shlomo Real Estate, a subsidiary of one of the largest conglomerates in Israel, have completed their second joint acquisition with the purchase of a multi-let office investment in the centre of Birmingham from DTZ Investors for £21 mln (€24 mln).
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PropertyEU ArchiveCromwell acquires 41,649-m2 logistics property in Copenhagen
Real estate investor and fund manager Cromwell Property Group (Cromwell) has completed the acquisition of a multi-let light industrial logistics property in Brøndby, Copenhagen, for €15.7 mln on behalf of Cromwell European REIT (CEREIT).
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PropertyEU ArchivePanattoni begins 69,700 m2 UK spec logistics project
Panattoni has begun developing the largest speculative logistics building serving London and the south east.
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PropertyEU ArchiveGermany’s Garbe opens Vienna office
Logistics property specialist Garbe Industrial Real Estate has announced the opening of a branch in Vienna as it looks to expand its activities to Austria.
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PropertyEU ArchiveFattal picks up Dilly hotel in London
Fattal Group, the owner of the European hotel group Leonardo Hotels UK & Ireland, has announced the acquisition of the historic Dilly Hotel in London, England, for an undisclosed amount.
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PropertyEU ArchiveHammerson-Allianz JV kicks off development of major resi-led scheme in Ireland
Hammerson and Allianz Real Estate announced on Monday that they have commenced construction on their first-ever Irish residential-led scheme, The Ironworks.
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PropertyEU ArchiveRevetas to convert Polish office projects to residential
Revetas Capital has announced plans to convert its office development portfolio in three major cities in Poland into residential, marking its entry into the Private Rental Sector (PRS).
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PropertyEU ArchiveCBRE IM expands European direct private infrastructure team
CBRE Investment Management (CBRE IM) has appointed Gioia Torresi and Pav Lamba as directors in its European direct private infrastructure team.
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PropertyEU ArchiveNearly a quarter of European office stock could become flex
Flex office stock in Europe will reach circa 20% of total office stock across the continent over the next 10 years, according to international advisor Savills. However, this will vary significantly by location and working culture, as the definition of what is considered ‘flex’ broadens.
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PropertyEU ArchiveDFI, BCP find operator for major Dublin hotel
European private equity real estate investor Deutsche Finance International (DFI) and value-add real estate manager BCP Capital have signed a long-term agreement with hospitality company Ennismore to operate the Central Hotel as Ireland’s first Hoxton.
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PropertyEU ArchiveLeumi UK hires Lloyds Bank veteran as hotel portfolio director
Specialist lender Leumi UK, the British subsidiary of Israel’s international financial group Leumi, has hired hotels expert Tony Burnell as a portfolio director on the company’s hotel finance desk.
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PropertyEU ArchiveAres, Redevco scoop up Corte Ingles department store in Barcelona
Dutch privately held investment group Redevco has joined forces with US asset manager Ares Management to acquire and redevelop the El Corte Inglés department store in the heart of Barcelona in an operation believed to be worth a total of €200 mln.
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PropertyEU ArchiveGRESB expands to cover €8.7t in real estate and infrastructure value
GRESB, the global ESG benchmark for real estate and infrastructure investments, saw the largest ever growth in total numbers in 2022, with 1,820 entities now participating worldwide.
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PropertyEU ArchiveTCC grows German operations with 3 new hires
Trammell Crow Company (TCC), a global developer and investor in commercial real estate, has appointed Christian Tretiak as director of business development, Claudia Matz as senior planning manager, and Maximillan Moser as senior development manager.
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PropertyEU ArchiveMichal Bujárek joins VGP as country manager for Slovakia
European logistics investor-developer VGP has appointed Michal Bujárek as its new country manager for Slovakia.
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PropertyEU ArchiveNeat and BlackRock seek green light for multi-storey, industrial-led development in London
Property developer Neat Developments and BlackRock Real Assets are seeking planning permission from Waltham Forest Council for an industrial-led, mixed-use development in East London.
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PropertyEU ArchiveWeekly data sheet: Fewer big deals closing
Most investment activity has been concentrated in lot sizes of €50m-€150m in the last few weeks.
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PropertyEU ArchiveItalian 9-month logistics volumes highest on record - Savills
Demand for logistics space in Italy remains high, with investment volumes for the first three quarters of 2022 up 67% year-on-year, the highest on record, according to Savills.
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PropertyEU ArchivePremico’s third residential fund achieves €45m in equity commitments
Finnish real estate fund manager Premico said it raised €45 mln in equity commitments for its third residential fund during the first closing at the end of September.
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PropertyEU ArchiveValor Real Estate Partners to invest €40m in three projects in Paris region
Valor Real Estate Partners plans to invest €40 mln to develop 25,000 m2 of modern distribution buildings in the Paris region.
