All PropertyEU Archive articles – Page 338
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PropertyEU ArchiveRocket secures €84m funding from M&G for Shoreditch asset
Investor and developer Rocket Properties has refinanced its Linen Court development in London’s Shoreditch area with a six-year, £70 mln (€84 mln) term loan facility provided by M&G’s Real Estate Finance team.
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PropertyEU ArchiveGood demand prompts JP Morgan to put Berlin trophy office up for sale for €600m+
JP Morgan Asset Management is seeking over €600 mln for a prime, fully let office property which it acquired in Berlin in 2019.
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PropertyEU ArchiveCoima acquires Milan and Rome portfolio for over €300m
Italian institutional asset manager Coima has acquired a portfolio consisting of eleven properties located in Rome and Milan, for over €300 mln.
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PropertyEU ArchiveNorges Bank and AXA France sell Paris office for €256m
A partnership between Norges Bank Investment Management and AXA France has signed an agreement to sell an office property in Paris to French holding, Groupe Industriel Marcel Dassault.
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PropertyEU ArchiveDIC gets its way with VIB takeover
DIC Group, the German public property company with around €11.5bn of assets, is set to incorporate VIB Vermögen now that its takeover has been sealed.
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PropertyEU ArchiveBNP Paribas RE: Elevated inflation will remain a key headwind for the UK’s real estate market this year
Experts have reacted to macroeconomic concerns in the UK after British Chancellor of the Exchequer, Rishi Sunak, told Members of Parliament the Ukraine war has made things more uncertain, and will further push up costs.
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PropertyEU ArchiveEQT Exeter reveals operator for Italian affordable care home JV
EQT Exeter has signed a significant property deal for a series of leases on Italian care homes it is developing in the country.
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PropertyEU ArchivePatrizia to channel €90m fresh equity into UK Hanover ESG asset upgrades
Germany listed Patrizia is asking existing and new investors to its UK open-ended fund, Hanover Property Trust, if they would like to invest in ESG-linked capex projects.
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PropertyEU ArchivePatrizia seals €600 mln Spanish BTR buy for flagship fund
Patrizia has signed a €600 mln forward funding deal to acquire a 10-building Spanish residential portfolio for its Living Cities fund.
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PropertyEU ArchiveVonovia issues bonds to raise €2.5b to finance projects, but is there still a problem?
On Tuesday, German-listed residential giant Vonovia described how it was raising funds via two green bonds and for the first time, a social bond. But at the same time, Green Street's pan-European residential sector head, Andres Toome, wrote in a note that the company should pursue a ‘roadmap’, suggesting acquisitions should ...
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PropertyEU ArchiveLondon €6b Q1 office grab
London offices have attracted three times the investment volume in Q1 2022 compared to last year.
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PropertyEU ArchiveGLP races to €1.2b first close; just €300m off its base target
Global investment manager GLP has closed on €1.2bn of equity commitments for its GLP Europe Income Partners III (EIP III) fund having launched the vehicle last October.
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PropertyEU ArchiveFabege names new transactions head
Swedish property developer Fabege has announced the appointment of Henrik Bauer as head of Transactions starting in June. He comes most recently from a role as investment manager at NCC Property Development and previously also worked at Newsec and JLL.
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PropertyEU ArchiveSirius to convert to REIT status
Sirius Real Estate, a major owner and operator of branded business and industrial parks in Germany and the UK, announced on Tuesday that it intends to convert its UK business to the tax-efficient UK Real Estate Investment Trust (REIT) regime from 1 April 2022.
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PropertyEU ArchiveC&W appoints head of Logistics & Industrial EMEA
Cushman & Wakefield has promoted Tim Crighton to lead its Logistics & Industrial team in EMEA.
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PropertyEU ArchiveGenerali appoints UK head to spearhead London growth
Generali Real Estate has announced the appointment of Fraser D’Arcy as its new head of UK to spearhead growth in the London market, which will be one of the main investment markets for Generali Real Estate in the next years.
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PropertyEU ArchiveCatella Fund forward funds acquisition of Gramercy Tower in Cardiff
The Catella European Residential Fund III has acquired Gramercy Tower, a 188-residential unit build-to-rent (BTR) development in Cardiff for £37.5 mln (€45 mln) from developer Urban Centric.
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PropertyEU ArchiveEuropa Capital’s value add fund acquires senior living project in Copenhagen
European real estate investment manager Europa Capital has agreed to forward purchase Kanalgaden 3, a former office building which is being refurbished into state-of-the-art senior living accommodation in Albertslund, a suburb of Copenhagen, Denmark, on behalf of its latest value add fund, Europa Fund VI, from Gefion Group.
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PropertyEU ArchiveManchester office campus comes to market for €66m
Manchester’s office campus, Universal Square is being brought to market by the Investment Properties team at CBRE Manchester, with offers sought in excess of £55 mln (€66 mln), equating to a 7.15% Net Initial Yield.
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PropertyEU ArchiveNewcore picks up €32m of assets for new Article 9 UK social infrastructure fund
Newcore Capital Management, the UK social infrastructure real estate investment manager, has acquired the first four assets for Newcore Strategic Situations V, a new £300 mln (€360 mln) value-add, social infrastructure fund.
