All PropertyEU Archive articles – Page 343
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PropertyEU ArchiveWeekly data sheet: Google buys another European office in record deal for CEE
Google’s €583 mln acquisition this week of The Warsaw Hub in the Polish capital is the largest single office transaction in the history of the CEE markets.
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PropertyEU ArchiveAllianz finances development of landmark ESG building in London
Allianz Real Estate announced this week that it has provided close to £200 mln (€238 mln) in financing to a consortium of four sponsors to support the development of 105 Victoria Street.
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PropertyEU ArchiveAermont confirms sale of Frankfurt’s Marienturm to DWS
Private equity firm Aermont Capital has confirmed that it has sold the Marienturm office tower in Frankfurt’s banking district, to an entity managed by DWS and understood to be backed by the South Korean sovereign wealth fund NPS.
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PropertyEU Archive
Savills Capital Advisors hires KPMG boss to lead corporate finance team
Savills Capital Advisors (SCA) has announced the hire of Jan Crosby as head of Corporate Finance, based in the firm’s Margaret Street head office in London.
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PropertyEU ArchiveHines in advanced discussions to take over Italian REIT Aedes
US privately-held developer-investor Hines is believed to be in advanced discussions to take over Italian listed property development firm Aedes.
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PropertyEU ArchiveKKR's Mirastar adds five logistics assets in Barcelona and Madrid
Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, has secured five logistics assets with a total surface area of 53,000 m2 in core logistics locations within Madrid and Barcelona.
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PropertyEU ArchiveVision Group and KKR acquire first resi portfolio in Bavaria
A joint venture of private equity firm KKR and local partner Vision Group has acquired a residential portfolio of 163 units in Dingolfing, Lower Bavaria, for an undisclosed amount.
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PropertyEU ArchiveNewcore Capital launches €360m UK social infrastructure fund
Newcore Capital Management, a UK social infrastructure real estate investment manager, has announced the launch of Newcore Strategic Situations V, a £300 mln (€360 mln) value-add fund for institutional and family office investors that will invest in UK real estate assets linked to social infrastructure.
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PropertyEU ArchiveCovivio sells French hotel to Perial for €125m
French listed property group Covivio has divested the Club Med Grand Massif in Samoëns, France for €125 mln.
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PropertyEU ArchiveTyrus completes 1st hospitality investment since onset of Covid-19
Tyrus Capital’s European Real Estate Strategies has announced the completion of a whole loan investment towards the acquisition and repositioning of Selsdon Park, a 200-acre parkland estate and hotel in Surrey, UK. Financial details were not disclosed.
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PropertyEU ArchiveStrawberry Star launches BTR platform targeting €1.2b of UK assets
Specialist property developer and operator Strawberry Star Group has announced the launch of a dedicated Built-to-Rent (BTR) arm, Star Living, targeting £1 bn (€1.2 bn) worth of assets over the next five years.
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PropertyEU ArchiveSavills IM hires head of client capital for the Netherlands
Savills Investment Management (Savills IM), the international real estate investment manager, has hired Jan Willem Vis as head of Client Capital, Netherlands.
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PropertyEU ArchiveLondon mayor calls for rent freeze to combat cost of living crisis
The mayor of London, Sadiq Khan, is calling on the government to give him the powers to freeze private rents in the capital for two years and help save £3,000 in rent for thousands of Londoners struggling to cope with the rocketing cost of living.
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PropertyEU ArchiveEastdil Secured hires Vitale RE boss to lead new Milan office
Eastdil Secured, the global real estate investment bank, today announced the opening of a new office in Milan, its fifth European location, to support the firm’s growing business in Europe.
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PropertyEU ArchiveNuveen strengthens European logistics platform with acquisition spree
Nuveen Real Estate has acquired five logistics assets representing 89,271 m2 of space across Norway, Germany, Spain and the United Kingdom for a total close to €150 mln.
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PropertyEU ArchiveBarings acquires City of London office for €85m
Barings’ Real Estate European Value-Add Fund II (BREEVA II), has acquired an 82,413 sq ft (7,650 m2) office asset in the City of London for £70.65 mln (€85 mln) from global real estate manager, DWS. The deal reflects an initial yield of 4.8%.
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PropertyEU ArchiveCadillac Fairview and Stanhope picked for €830m Oxford innovation district project
Thomas White Oxford, the development company of St John’s College, has agreed a 50:50 joint venture partnership with Canadian-based Cadillac Fairview and developer Stanhope to deliver a £700 mln new global innovation district in Oxford, UK.
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PropertyEU ArchiveDeA Capital launches new urban mile fund targeting €700m
Italian asset manager DeA Capital Real Estate’s German arm has announced the launch of the UrbanMile Fund, a new European investment vehicle targeting a size of €700 mln.
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PropertyEU ArchiveCBRE picked to sell €40m student digs scheme in the UK
Global real estate advisor CBRE has been instructed to seek offers on a super prime, operational purpose built student accommodation (PBSA) asset, The Garage in Egham, Essex.
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PropertyEU ArchiveUnite Students to divest €365m UK portfolio to Lone Star
UK student housing specialist Unite Students has announced the disposal of a portfolio of 11 UK properties, comprising 4,488 beds for £306 mln (€365 mln) to an affiliate of Lone Star Funds.
