All PropertyEU Archive articles – Page 353
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PropertyEU ArchiveURW offloads 45% stake in €1b Paris mall to French insurers
European listed property giant Unibail-Rodamco-Westfield (URW) said on Thursday that it has agreed to sell a 45% stake in the Westfield Carré Sénart shopping centre in Greater Paris to French insurers Societe Generale Assurances and BNP Paribas Cardif.
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PropertyEU ArchiveNatWest, Leumi UK agree €178m loan to fund 3000-unit BTR JV
NatWest and the UK-based subsidiary of Israel's largest bank Leumi have agreed the first £150 mln (€178 mln) of debt for a £1 bn, 3000-home build-to-rent JV between EQT Exeter and Sigma Capital Group.
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PropertyEU ArchivePeakside acquires Frankfurt office for new €415m PREF IV fund
Swiss investor Peakside Capital Advisors has acquired a 5,400 m2 office in Frankfurt's Westend-Nord district for the recently closed Peakside Real Estate Fund IV (PREF IV) from Patrizia. The parties agreed not to disclose the purchase price.
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PropertyEU ArchiveAviva Investors provides €47m green loan to Urban Logistics
Aviva Investors has completed an additional £40 mln (€47 mln) sustainability-linked financing agreement with Urban Logistics REIT, the main market listed investment company which invests in mid-sized urban logistics buildings.
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PropertyEU ArchiveCoima swoops on Milan asset for €58m
Italian REIT Coima Res has agreed the purchase of an office complex in Via Giovanni Battista Pirelli, 32, Milan for €58.2 mln.
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PropertyEU ArchiveTristan fund targets UK later living market for €600m strategy
Episo 5, a fund managed by Tristan Capital Partners, has undertaken its first acquisition with Elysian Residences for a new £150 mln (€178 mln) development in London's Hampstead.
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PropertyEU ArchiveProvisum invests €80m in Syntrus Achmea mortgage fund
Syntrus Achmea Real Estate & Finance has secured €80 mln in new equity commitments for the Achmea Dutch Residential Mortgage Fund, the longest running mortgage fund in the Netherlands.
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PropertyEU ArchiveHarrison St raises €800m for its largest European fund ever
Alternative real assets investment manager Harrison Street has announced the final close of its third European alternative real estate fund, Harrison Street European Property Partners III, which raised over €800 mln of equity, including co-investment vehicles, from over 25 institutional investors around the globe.
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PropertyEU ArchiveMacquarie’s BTR platform plans first Scottish project in Edinburgh
Goodstone Living, the build-to-rent (BTR) platform set up by Macquarie Asset Management with British real estate industry veterans Darryl Flay and Martin Bellinger, has acquired its first site in Scotland to deliver 338 homes for rent.
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PropertyEU ArchiveNewcore Capital hires from CBRE CA for corporate finance role
Newcore Capital Management, a social infrastructure investment manager, has hired Tom Boize from CBRE Capital Advisors as an associate director.
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PropertyEU ArchiveKanAm Grund opens Madrid office to expand in Spain
KanAm Grund Group has announced the opening of an office in Madrid and the appointment of Jorge Regúlez Pérez to lead the new business.
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PropertyEU ArchiveKGAL picks up major Lodz office scheme
German investor KGAL Investment Management has acquired the Fuzja Office scheme in Lódz, Poland, on behalf of a pan-European special fund. The asset was acquired from listed POlish developer Echo Investment for an undisclosed amount.
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PropertyEU ArchiveCitycon offloads two non-core malls in Norway for €145m
Nordic listed retail property specialist Citycon has signed an agreement to opportunistically sell two non-core shopping centres in Norway for €145.4 mln, reflecting a net initial yield of 5.2% and in line with the latest IFRS valuation of book value.
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PropertyEU ArchiveEuropean logistics take-up reaches record volume for 2021, says CBRE
Take-up of European logistics space reached 33.3 million m2 in 2021, setting a new record for the sector, according to new research from advisor CBRE.
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PropertyEU ArchiveAmro Partners to double student digs portfolio by 2024
Amro Partners is targeting a major expansion of its European purpose-built student housing (PBSA) business to capture early market share arising from a severe shortage of dedicated student beds, against a backdrop of rising student populations in countries such as the Netherlands, Belgium and Germany.
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PropertyEU ArchivePbb, LBBW finance Pembroke’s Maximilianhöfe in Munich with €300m loan
German lenders pbb Deutsche Pfandbriefbank and Landesbank Baden-Württemberg (LBBW) have jointly underwritten a long-term investment facility, totalling €300 mln, to refinance Pembroke’s Maximilianhöfe, a prime mixed-use asset in Munich.
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PropertyEU ArchiveDVI makes capital market debut with €350m bond issue
The DVI Group, an owner-managed real estate investor and manager of residential and office real estate in Germany, has announced the issue of its first listed bond.
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PropertyEU ArchiveAEW raises €520m for European core fund
Fund manager AEW has increased the equity commitments of its Eurocore open-ended European core fund to €520 mln since its first close in January 2021.
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PropertyEU ArchiveICG finances Nice hotel project with €62m loan
ICG Real Estate, the real estate business of Intermediate Capital Group (ICG), has issued a €62 mln whole loan to Naos Hotel Group to finance the forward acquisition of a hotel located at the Nice Cote d’Azur airport in the south of France.
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PropertyEU ArchiveSavills IM picks up Amazon sheds for €95m
Savills Investment Management has acquired three last-mile logistics facilities in Spain for a total of €95 mln.
