All PropertyEU Archive articles – Page 275
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PropertyEU ArchiveLXi confirms €572m UK grocery store portfolio deal
LXi REIT has confirmed that it has exchanged contracts to acquire a portfolio of 18 grocery stores in Southern England from the UK supermarket group Sainsbury’s for £500m (€572 mln) under a sale and leaseback agreement.
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PropertyEU ArchiveAtmira secures €312m of new loans to fund Erfurt logistics project
Atmira has secured €312 mln worth of debt facilities to fund the construction of the Erfurt A logistics center in Germany.
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PropertyEU ArchiveGIC takes major stake in €2.3b luxury resort group Sani/Ikos
Singaporean sovereign wealth fund GIC has entered into a strategic partnership with Mediterranean luxury beach resort group Sani/Ikos and taken a “leading” shareholding in the business alongside SIG’s management team.
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PropertyEU ArchiveTristan JV picks up €126m PBSA asset in Liverpool
Tristan Capital Partners’ CCP 5 Fund along with its joint venture partner, Bricks Group, has acquired a 999-bed purpose-built student accommodation asset in the city of Liverpool from Aura Investors for £110 mln (€126 mln).
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PropertyEU ArchiveClearbell acquires 1,050 student digs portfolio in Aberdeen
Clearbell’s Property Partners III fund, in partnership with PBSA specialist property consultancy Iceni Property Asset Management, has announced the acquisition of six purpose built student accommodation residences in Aberdeen from Unite Students as part of the growth of its Every Student brand.
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PropertyEU ArchiveInvesco Real Estate’s new European debt fund marches on
Invesco Real Estate, the €84 bn global real estate investment business of Invesco, has made two further transactions for its recently launched European real estate debt fund.
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PropertyEU Archive‘Price discovery’ on everyone’s lips including those at top global broker
CBRE was the top-ranked firm for global commercial real estate investment sales during the first half of 2022, according to MSCI Real Capital Analytics. But perhaps of greater note is the comment of Chris Brett, head of EMEA capital markets.
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PropertyEU ArchiveBlackbrook enters France - its seventh market in two years
Blackbrook has made its first investment in France, notching up the seventh market it has entered since its maiden investment two years ago.
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PropertyEU Archive
GreenPoint Partners: who is the man and team behind this unique firm?
GreenPoint Partners is a New York-headquartered company that is hard to put in a box.
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PropertyEU Archive‘Active ESG management matters more than ever’
According to the International Monetary Fund, global growth is projected to slow from an estimated 6.1% last year, to 3.6% in 2022 and 2023. This is 0.8 and 0.2 percentage points lower than January’s prediction.
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PropertyEU ArchiveLXi in talks with supermarket group over €572m sale leaseback deal
The UK supermarket group Sainsbury’s is in discussions with LXi REIT to sell 18 stores for approximately £500m (€572 mln) under a sale and leaseback agreement.
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PropertyEU ArchivePGIM on the hunt for up to €300m of open air tourism sites in Europe as part of value add strategy
PGIM Real Estate, the US global firm, has quietly begun a strategy in Europe to allocate a maximum of 10-15% of its European value add strategy to large camping sites with possibilities to upgrade each via asset management initiatives.
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PropertyEU ArchiveRICS Sustainability Report 2022: significant share of market seeing a premium for ESG assets
With investors wondering exactly what premium to attach to ESG-superior assets, one trade body has attempted to shed further light on various aspects of the trend via a survey.
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PropertyEU ArchiveLandsec, Lendlease exchange on €925m under-development prime London office scheme; effective 9% discount on March 2022 valuation
UK property company, Landsec, has announced the exchange of contracts for the sale of 21 Moorfields in London’s financial district to an investment vehicle managed by global real estate and investments group, Lendlease.
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PropertyEU ArchiveWodka joins Savills France as head of investment
Savills France has named Alexandre Wodka as the head of its Paris-based investment team.
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PropertyEU ArchiveOtte joins CTP as head of investor relations
European listed logistics property specialist CTP has appointed Maarten Otte as head of investor relations.
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PropertyEU ArchiveDWS sees slowing down of UK real estate markets and price corrections
After a solid performance in early 2022, the UK real estate market is slowing down and a price correction is underway as a result of waning economic growth and higher financing costs.
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PropertyEU ArchiveBlackstone and Bourne to sell Butlin’s to Harris family
Alternative asset manager Blackstone and holiday home provider Bourne Leisure have sold iconic UK seaside resort company Butlin’s to a newly formed company backed by the Harris family.
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PropertyEU ArchiveHines to develop offices and residential units in Berlin
Global real estate firm Hines has acquired 60,000 m2 of land in Berlin-Schöneberg for the construction of offices and residential units.
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PropertyEU ArchiveAshby Capital and Native Land secure planning permission for King’s Cross lab building
Real estate investor Ashby Capital and developer Native Land have received planning permission for a transformation project in London’s King’s Cross.
