All PropertyEU Archive articles – Page 365
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PropertyEU ArchiveArrow acquires stake in UK development finance provider
European investor and alternative asset manager Arrow Global has acquired a significant minority stake in Maslow Global, a provider of UK real estate development finance.
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PropertyEU ArchiveClarion acquires land plot for Barcelona logistics spec project
Clarion Partners Europe (Clarion), a real estate investment fund manager specialising in logistics and industrial assets, has acquired a 10-acre plot in Esparreguera, Barcelona city region, for the speculative development of a Grade A logistics facility.
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PropertyEU ArchivePrincipal acquires Italian logistics asset for €26m
Principal Real Estate Europe has acquired a core logistics asset for €26 mln in Milan, Italy, for the Principal European Core Fund.
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PropertyEU ArchiveRound Hill’s European multi-family fund raises further €140m
Round Hill Capital announced on Wednesday that it has secured further capital commitments for its European Residential Income Fund II (ERIF II), taking its size up to over €340 mln.
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PropertyEU ArchiveLa Finca to acquire Värde’s stake in major Madrid portfolio for €130m
Grupo La Finca (GLF), the majority owner of La Finca Global Assets (LFGA), has agreed to acquire an additional 38% stake in the business from Värde Partners, for €130 mln, with €2 mln conditional on achieving certain targets by LFGA during 2022.
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PropertyEU ArchiveNREP raises €1.6b for largest ever core-plus Nordic fund
Nordic real estate investor NREP said on Wednesday that it has raised €608 mln in additional funding for NREP Income+ (NIP), its open-ended fund aimed at long-term investments into modern logistics facilities, middle-income residential, offices and care homes.
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PropertyEU ArchiveLandsec hires from St Modwen for new strategy exec role
UK REIT Landsec has announced the appointment of Remco Simon to its executive leadership team in the newly created role of managing director – strategy and capital markets. The role will report directly to CEO Mark Allan.
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PropertyEU ArchiveWP Carey snaps up seven DIY stores in Poland
US sale-and-leaseback specialist WP Carey has announced the acquisition of seven DIY retail stores in Poland for an undisclosed amount.
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PropertyEU ArchivePanattoni submits plans for biggest ever UK spec project
European industrial real estate developer Panattoni has submitted plans for its biggest-ever speculative logistics building in the UK, a 630,000 sq ft (58,500 m2) facility in Yorkshire.
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PropertyEU ArchiveBelgium’s Immobel hires Duncan Owen to lead new London IM arm
Belgium’s largest listed real estate developer Immobel announced on Tuesday that it is grouping and expanding its investment management activities with the launch of Immobel Capital Partners.
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PropertyEU ArchiveCTP tenders over 83% of DIR shares via €800m bid
European logistics specialist CTP said on Tuesday that it has received strong support from shareholders of Deutsche Industrie REIT (DIR)following its €800 mln public takeover and delisting offer for the German firm.
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PropertyEU ArchiveLondonMetric to invest €64m in UK logistics project
UK REIT LondonMetric Property has purchased a long let cold storage and logistics warehouse development for £53.4 mln (€64 mln).
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PropertyEU ArchiveOctopus Real Estate inks €540m funding JV with Bayview AM
Real estate lender and investor Octopus Real Estate has agreed upon a funding partnership with affiliates of Bayview Asset Management to provide two-to-five-year senior investment debt to the UK commercial real estate market. The funding partnership has an initial commitment of £450 mln (€540 mln).
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PropertyEU ArchiveHines, Cale St kick off €500m Milan development project
US privately-held developer-investor Hines and Cale Street, an opportunistic investment and finance firm backed by the Kuwait Investment Office, have kicked off the development of Milan's largest urban regeneration project following a sale of the development lot to the newly-established Union 0 real estate fund.
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PropertyEU ArchivePatrizia picks up €314m Danish student digs portfolio
German property firm Patrizia has emerged as the buyer of a large €314 mln student accommodation portfolio in Denmark from European private equity real estate investor Deutsche Finance International (DFI), acting on behalf of DFI’s inaugural fund, DFI Value-Add Fund I (DFI EVAF).
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PropertyEU ArchiveCovivio expands Berlin resi portfolio with €154m deal
French listed property group Covivio has announced the acquisition of a residential portfolio with more than 640 units located in the most dynamic districts of Berlin, from the Berlin based investment company Nox Capital, for a total of €154 mln.
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PropertyEU ArchiveABG Capital bags €100m Hamburg office scheme
ABG Capital, the investment management arm of the ABG Real Estate Group, has acquired the VTG Center in Hamburg in cooperation with a small club of professional pension funds.
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PropertyEU ArchivePGIM raises record €1.8b for high-yield debt fund
The seventh fund in PGIM Real Estate’s European flagship high yield debt fund series, PGIM Real Estate Capital VII (PRECap VII), has closed on €1.82 bn, the largest European real estate debt fund closed in 2021.
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PropertyEU ArchiveVGP raises €1b via green bond issue
European logistics property specialist VGP said this week that it is raising €1 bn through the issue of its second public benchmark green bond.
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PropertyEU ArchiveImmofinanz rejects S Immo takeover bid as 'too low'
Investor-developer Immofinanz has rejected a takeover bid by S Immo as 'too low', almost a month after the firm's Austrian peer launched an offer for the company.
