All PropertyEU Archive articles – Page 370
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PropertyEU ArchiveDeA Capital, BGO secure €358m green loan to build up logistics portfolio
Italian asset manager Dea Capital Real Estate has secured a green loan of €358 mln from lender Unicredit to finance the acquisition and development of a portfolio of 20 logistics assets in Italy.
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PropertyEU ArchiveConsortium picks up Ørsted HQ in Copenhagen in €350m deal
An investor consortium consisting of Danish pension fund PenSam, Korean asset manager AIP Asset Management, and Denmark’s Artha Kapitalforvaltning has agreed to buy the head office of renewable energy company Ørsted from vendor ATP Ejendomme.
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PropertyEU ArchiveCovivio completes €325m of new core office sales in France
French listed property group Covivio has sold its share in two major office buildings to Crédit Agricole Assurances for a total price of €325 mln.
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PropertyEU ArchiveEQT Exeter seals €3b logistics portfolio sale in largest European deal
EQT Exeter has closed one of the largest European industrial real estate transactions ever with the sale of a €3 bn logistics portfolio on behalf of its private real estate fund, EQT Exeter European Value Venture III.
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PropertyEU ArchiveLandsec buys additional 25% stake in Bluewater mall
UK REIT Landsec has completed the acquisition of an additional 25% share in the Bluewater shopping centre from Lendlease Retail Partnership for £172 mln (€203 mln) representing a net initial yield of 8.15% and an equivalent yield of 8.25%.
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PropertyEU ArchiveSirius acquires €175m residential package from YIT
A newly-established affiliate of Sirius Capital Partners has signed an agreement to acquire a portfolio of 18 build-to-rent residential buildings, comprising more than 750 apartments in Finland for a total investment value of €175 mln.
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PropertyEU ArchiveLondonMetric takes over Savills UK fund in €144m deal
LondonMetric Property has announced the acquisition of Savills IM UK Income and Growth Fund in a corporate transaction valued at £122.2 mln (€144 mln), reflecting a blended yield on cost of 4.3% and an anticipated reversionary yield of 4.9%.
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PropertyEU ArchiveCatella funds invest €120m in Austrian resi assets
Berlin-based Catella Residential Investment Management (CRIM) and Munich-headquartered AIFM platform Catella Real Estate AG (CREAG) have acquired three residential assets in the Austrian cities of Vienna and Linz for a total value of €120 mln on behalf of two of their funds.
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PropertyEU ArchiveBarings targets €1b of assets with European logistics JV
Investment manager Barings has secured the commitment of a further €200 mln for a -European logistics joint venture (PELV) between a US insurance company and a Middle Eastern sovereign wealth fund.
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PropertyEU ArchiveTristan fund completes 1st Norwegian light industrial deal
Tristan Capital Partners’ Curzon Capital Partners 5 Long-Life Core Plus Fund has acquired its first light industrial/logistics asset in Norway from Bergen Næringsbygg.
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PropertyEU ArchiveVGP picks up two more sites in Southern Germany
Belgian logistics specialist VGP has acquired two properties in Southern Germany for an undisclosed sum.
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PropertyEU ArchiveICG expands into Finland with life sciences deal
Specialist asset manager Intermediate Capital Group (ICG) has made its Finnish debut with the acquisition of a life sciences facility in Vantaa.
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PropertyEU ArchiveReal IS strikes debut deal in France for Modern Living fund
Real IS, the property investment arm of German lender, BayernLB, has made its first acquisition for the special real estate alternative investment fund (AIF) Modern Living.
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PropertyEU ArchiveNiam shops for two retail-led centres in Stockholm
Swedish real estate private equity firm Niam has acquired two additional mixed-use properties in Sweden from Grosvenor Europe.
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PropertyEU ArchiveVirtus powers up new data centre for London
Hybrid data centre provider Virtus has commissioned Skanska to build a new data centre in West London, inking a construction deal worth £53 mln (€62 mln).
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PropertyEU ArchiveCPI checks into Bratislava hotel
CEE-focused investment group CPI has acquired the Mercure Bratislava Centrum Hotel from Invesco Real Estate.
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PropertyEU ArchiveAedifica expands into Spanish senior living
Belgian healthcare REIT Aedifica has expanded into Spain through a partnership with local player Neurocare Home.
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PropertyEU ArchiveThe year of green action
While the year 2021 has seen a continuation of the ‘beds and sheds’ investment theme, a few new trends have emerged.
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PropertyEU ArchiveUnion Investment acquires Rostock complex
German fund manager Union Investment has acquired the Hanse Trio complex in Rostock, Germany, from developer List Develop Commercial.
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PropertyEU ArchiveHenderson Park acquires Amaris, launches hotel platform
Private equity real estate firm Henderson Park has acquired the business and hotel management platform of Amaris Hospitality from LRC Group and simultaneously launched a new dedicated hotel and asset management platform called Klarent Hospitality.
