All PropertyEU Archive articles – Page 367
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PropertyEU ArchiveBarings forward funds 50,000 m2 French logistics project
Investment manager Barings has agreed the speculative forward funding of a 50,409 m2 Grade A logistics property in Béziers, France, in an off-market transaction on behalf of a pan-European logistics joint venture between a US insurance company and a Middle Eastern sovereign wealth fund targeting core+/value-add assets. The parties agreed ...
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PropertyEU ArchiveSidra Capital picks up Coca Cola HQ in London
Sidra Capital, a Shariah compliant asset manager that specialises in income generating real estate, has completed the acquisition of the Coca Cola HQ office building in Uxbridge in West London for a price of €52 mln (£44 mln) representing a 7% net initial yield.
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PropertyEU ArchiveLCP appoints UK head of retail
LCP, a UK commercial property investment company, has appointed a UK head of retail as part of a plan to increase its strategic focus on retail assets.
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PropertyEU ArchiveBarings adds to real estate debt team in Frankfurt
Investment manager Barings has grown its Real Estate Debt team in Europe with the appointment of Kasimir zu Eltz as a director.
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PropertyEU ArchiveSupermarket Income spends €66m on UK grocery assets
UK REIT Supermarket Income has announced the purchase of two supermarkets, a Sainsbury’s in Washington, Tyne and Wear, and an Asda in Cwmbran, South Wales, for a total purchase price of £55.1 mln (€66 mln), reflecting a combined net initial yield of 5.3%.
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PropertyEU ArchiveJR Capital's industrial property fund snaps up 5 UK assets
JR Capital and Chancerygate’s £100 mln multi-let industrial property investment fund has acquired five assets for a combined value of over £16 mln (€20 mln).
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PropertyEU ArchiveBPI snaps up Lisbon retail gallery in €27m deal with Santander AM
Santander Asset Management has sealed the sale of the Galerias Saldanha Residence retail gallery in Lisbon.
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PropertyEU ArchiveIRES to acquire 152 resi units in Dublin for €66m
Irish Residential Properties REIT has agreed to acquire 152 residential units located in Ashbrook, Clontarf, Dublin 3 in 2 phases for a total of €66 mln.
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PropertyEU ArchiveFutureal adds 70,000 m2 to growing Polish portfolio
Futureal Investment Partners, the recently launched real estate investment and asset management business of CEE developer Futureal, has announced the acquisition of three assets in Poland for a total of 70,000 m2. Financial details were not disclosed.
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PropertyEU ArchiveGerman investors swoop on Turku sheds
Two Germany-headquartered investment managers have closed on industrial deals in the Finnish city of Turku.
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PropertyEU ArchiveThor makes strides with first French logistics deal
Thor Logis Europe, an affiliate of Thor Equities Group, has inked a long-term lease with leading industrial cleaning company, OXY 2KM for 3,056 m2 at its debut French logistics asset in Villeneuve la Garenne.
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PropertyEU ArchiveCapMan Nordic Real Estate fund signs several exits
CapMan Nordic Real Estate Fund, a 2013-vintage value-add fund, has signed and closed several exits recently. The fund will start distributing carried interest once these exits are completed.
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PropertyEU ArchiveDeka buys Cubes office scheme in Düsseldorf
German investment manager Deka Immobilien has acquired the Cubes office property in Düsseldorf from Axa IM Alts.
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PropertyEU ArchivePGIM RE appoints ESG lead for Europe and Asia Pacific
PGIM Real Estate, the property investment arm of PGIM, has further strengthened its commitment to environmental, social and governance (ESG) investing, with the addition of Julie Townsend as ESG lead for Europe and Asia Pacific, based in London and effective immediately.
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PropertyEU ArchiveAllianz and VGP launch new European logistics joint venture
Allianz Real Estate, acting on behalf of several Allianz group companies, and VGP, a European provider of logistics and semi-industrial real estate, have agreed to form a new 50/50 joint venture.
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PropertyEU ArchiveCBRE appoints transaction advisory head
CBRE Capital Advisors has today announced the appointment of Emily Fitzgerald as a senior director and head of transaction advisory in its EMEA loan servicing team.
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PropertyEU ArchiveAbrdn snaps up office project in Finland
A fund managed by Abrdn has acquired an office project in Helsinki from Nordic construction firm NCC for around SEK 770 mln (€70 mln).
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PropertyEU ArchiveCBRE IM acquires €4.3b logistics portfolio
Global investment giant CBRE Investment Management has inked a deal to acquire a 57-asset logistics portfolio in the US and Europe valued at approximately $4.9 bn (€4.3 bn) from Hillwood Investment properties.
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PropertyEU ArchiveStena snaps up Polish offices from Skanska for €128m
Nordic construction giant Skanska has sold two office projects in Poland to Stena Real Estate, an international property firm that is part of the privately owned Swedish Stena Group, for €128 mln.
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PropertyEU ArchiveMerlin Properties sells 30 supermarkets for €110m
San Diego-headquartered REIT Realty Income has acquired 30 supermarkets from Spain's Merlin Properties for €110 mln.
