All PropertyEU Archive articles – Page 319
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PropertyEU ArchiveDWS launches new European junior real estate debt fund
DWS has announced the first close of a new European Junior Real Estate Debt Fund with capital commitments of €150 mln. This marks the launch of DWS's sixth real estate debt fund.
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PropertyEU ArchiveULI CONFERENCE: ULI Europe launches initiative to fast track decarbonisation
ULI Europe has launched a programme to galvanise industry efforts to decarbonise real estate as part of the broader fight against climate change.
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PropertyEU ArchiveBNPPRE hires from Colliers’ Central London Offices team
BNP Paribas Real Estate (BNPPRE) has announced the appointment of Katrina Love as director to its West End Agency team.
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PropertyEU ArchiveMoorfield sells two student digs assets to Ares & Generation JV
Moorfield Group, a UK-focused real estate fund manager, announced on Thursday that its Fund III (MREF III) and Fund IV (MREF IV) have sold two purpose built student accommodation (PBSA) schemes, totaling 789 beds, to a joint venture established between Ares Management funds and Generation Partners.
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PropertyEU ArchiveUKCM acquires Leeds hotel for €74m
UK Commercial Property REIT (UKCM) has acquired a hotel development opportunity in Leeds, from Marrico Ltd, a joint venture between Marrico LLP and Helios. The site itself was owned by Leeds City Council and UKCM is to fund the development, which is to be completed by Marrico, for a total ...
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PropertyEU ArchiveSouth Korean investors spend over €600m on Brussels towers
Knight Frank Investment Management (KFIM), acting on behalf of KB Securities and KB Asset Management, has completed the acquisition of the company Galaxy Properties, owning as main asset the North Galaxy Towers, Brussels from ATP Real Estate. The deal is estimated to be over €600 mln.
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PropertyEU ArchiveLandsec exchanges on €228m London mixed-use asset
UK REIT Landsec has agreed to sell 32-50 Strand in London for £195 mln (€228 mln), representing a net initial yield of 4.2% to Sinarmas Land Limited, a real estate company listed on the Singapore Exchange and headquartered in Singapore.
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PropertyEU ArchiveULI CONFERENCE: ULI Europe reveals 2022 New Real Estate Vanguard
The Urban Land Institute (ULI) has revealed members of its 2022 'New Real Estate Vanguard', made up of 10 outstanding contributors to the real estate sector from across the European region.
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PropertyEU ArchiveDeka invests €160m in Paris logistics project
German property investor Deka Immobilien has exchanged contracts to secure the purchase of a new building project in the Paris metropolitan region of Île-de-France for €160 mln. The seller is Gemfi, the development arm of the French real estate company Gicram Groupe.
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PropertyEU ArchiveCanada’s CPP Investments takes half share of Silverstone Park for €158m
Federated Hermes, on behalf of the BT Pension Scheme (BTPS), has announced a new partnership with Canada Pension Plan Investment Board (CPP Investments) to own and develop Silverstone Park, an engineering and technology business park in Silverstone, UK.
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PropertyEU ArchiveLandsec progresses strategic focus on regeneration
UK property company Landsec is creating a new regeneration-focused business in the wake of its acquisition of U+I in December.
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PropertyEU ArchiveDWS: investors have a ‘more selective and cautious view’ towards logistics
Although the European industrial sector has enjoyed stellar performance in terms of both rental growth and total returns, one asset manager says investors are now being more selective after a run of yield compression.
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PropertyEU ArchiveHeimstaden Bostad boosts UK resi business with hire
Heimstaden Bostad, the second largest residential real estate company in Europe that first entered the UK in 2021, has appointed a head of operations in its new market.
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PropertyEU ArchiveMacquarie AM forward funds two logistics projects in France
Macquarie Asset Management is expanding its presence in France by acquiring two logistics facilities in a forward funding agreement with Linkcity, a subsidiary of Bouygues Construction.
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PropertyEU ArchiveInvestment activity ‘tempered’ especially for small lot sizes, says agent
The war in Ukraine, inflation, and the rising interest rate cycle have led to a cooling off period in European real estate.
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PropertyEU ArchiveAareal Bank makes €60m markdown on Moscow offices
Aareal Bank has made a €60 mln provision against two Moscow office buildings, cutting Q1 2022 operating profit from €90 mln to €30 mln.
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PropertyEU ArchiveLXi and Secure Income REIT in €4.57b UK tie-up
LXi REIT, the UK-listed investor, is pursuing a merger with fellow UK public property company, Secure Income REIT (SIR), to create a group with £3.9 bn (€4.57 bn) of assets and 346 properties.
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PropertyEU ArchiveHousfy raises €30m Series B funding
A fast-growing residential estate agent in Spain with a tech platform at its heart has succeeded in raising capital for further expansion.
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PropertyEU ArchiveEurope real estate firms are seeing 20%-plus wage inflation
A competitive jobs market for in-demand real estate professionals is pushing salaries and overall jobs costs, according to the London-based senior MD and head of Europe at a talent recruitment specialist.
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PropertyEU ArchiveDeka Immobilien Europa fund re-enters French logistics with €160m purchase of Zalando fulfilment centre
Germany’s Deka Immobilien has exchanged contracts on new build project in the Paris metropolitan region of Île-de-France for €160 mln.
