All PropertyEU Archive articles – Page 373
-
PropertyEU ArchiveTCC appoints new European boss
Dallas, Texas-headquartered property developer Trammell Crow Company (TCC) announced on Thursday that it has promoted David Neuman to president of its European operations effective January 1, 2022.
-
PropertyEU ArchiveHines eyes further acquisitions in attractive Amsterdam submarket
US privately-held developer-investor Hines has acquired three commercial properties from real estate developers and investors Millten and Harvest Vastgoed on behalf of the Hines European Core Fund (HECF).
-
PropertyEU ArchiveCBRE IM acquires London Cavendish Sq asset
CBRE Investment Management’s UK Property PAIF fund has exchanged contracts to buy 2 Cavendish Square in London’s West End from The Howard de Walden Estate. Financial details were not disclosed.
-
PropertyEU ArchiveGarbe launches European resi fund targeting €800m
Hamburg-based property firm Garbe Institutional Capital has launched a European residential real estate fund with a total target investment volume (GAV) of around €800 mln.
-
PropertyEU ArchiveKingstone launches €200m debt property fund
Kingstone Debt Advisory (KDA), a joint venture of Pegasus Capital Partners and Kingstone Capital Partners, has announced the launch, together with DZ Privatbank in Luxembourg, of a new closed-end real estate debt fund, Focus Mezzanine Germany I.
-
PropertyEU ArchiveGreystar inks €2.6b London BTR JV with ADIA, buys Fizzy Living for €470m
Greystar Real Estate Partners has announced a new £2.2 bn (€2.6 bn) strategic partnership with the Abu Dhabi Investment Authority (ADIA) to develop build to rent housing in London and its surrounding commuter towns.
-
PropertyEU ArchiveM&G sells €112m London asset in value-add play
M&G Real Estate has sold Saffron House, a prime office building in one of central London’s key submarkets for £95 mln (€112 mln), representing a 22% increase in value within nine months.
-
PropertyEU ArchiveColliers takes over CRE consultancy firm in Lithuania
Advisor Colliers has strengthened its position in the Baltic region with the acquisition of commercial real estate consultancy firm Solid Real Advisors.
-
PropertyEU ArchiveKnight Frank Capital Advisory team grows with three new hires
Knight Frank Capital Advisory LLP (KFCA) has announced three new hires.
-
PropertyEU ArchiveCrossbay expands Benelux presence with new acquisitions and development
Crossbay, the European urban logistics platform set up by real estate investment manager Mark, has acquired three distribution centres in the Netherlands, as well as a development site.
-
PropertyEU ArchiveLaSalle acquires retail park in Madrid
LaSalle has acquired Las Mercedes Retail Park retail and commercial park in the east of Madrid on behalf of its open pan-European fund Encore+. Financial details were not disclosed.
-
PropertyEU ArchiveAberdeen fund buys student digs asset in Cardiff for €42m
A joint venture of McLaren Property and PMG Group has sold a direct-let 355-bedroom student accommodation development in Cardiff, UK, to Aberdeen Standard Pan European Residential Property Fund (Asper) for £36 mln (€42 mln).
-
PropertyEU ArchiveTopland snaps up two UK office assets for €37m
UK privately-held group Topland has acquired two UK office assets – 145 Morrison Street in Edinburgh and Citygate II in Newcastle – from the listed REIT EPIC managed by The Ediston Property Investment Company, for a total of £31 mln (€37 mln).
-
PropertyEU ArchiveHenderson Park buys major Glasgow mall for 9.3% yield
Henderson Park, a European private equity real estate firm headquartered in London, has exchanged contracts for the acquisition of Silverburn, a 100,000 m2 flagship shopping centre in Glasgow, UK, in an off-market transaction from a joint venture between Hammerson and Canada Pension Plan Investment Board for £140 mln (€165 mln).
-
PropertyEU ArchiveReturn to more normal levels of activity expected in 2022 - CBRE
Despite 2021 being punctuated by renewed Covid-19 restrictions in many European markets, increasing levels of vaccine administration and stronger economic momentum are signalling a return towards pre-pandemic sales and leasing activity levels in 2022, according to the EMEA Real Estate Market Outlook 2022, published on Wednesday by CBRE.
-
PropertyEU ArchiveInvestors circle €200m+ Portuguese student housing platform
A €200 mln student housing platform in Portugal is said to have received strong interest from investors ahead of a 14 January deadline for non-binding offers, PropertyEU has learned.
-
PropertyEU ArchiveCBRE IM picks up 142 housing units in central Berlin
CBRE Investment Management has acquired 142 housing units with a combined GLA of around 10,910 m2 in Berlin’s central Mitte district on behalf of an international mandate.
-
PropertyEU ArchiveKennedy Wilson's debt platform reaches €1.8b of loans
Global real estate investor Kennedy Wilson announced on Wednesday that its debt investment platform now exceeds $2 bn (€1.78 bn) in real-estate secured loans, including $300 mln in future funding commitments.
-
PropertyEU ArchiveValor builds scale in Paris with 18,000 m2 warehouse acquisition
Valor Real Estate Partners (Valor) has announced the acquisition of a 18,000 m2 distribution centre in the core submarket of Trappes near Paris. Valor is committing a total of €25 mln to acquire the asset and undertake a full refurbishment.
-
PropertyEU ArchiveLIP Invest swoops on German shed in Saxony
LIP Invest, leading investment manager and fund initiator for Logistics Real Estate in Germany, has acquired an under-construction logistics asset in Zwickau, Saxony, for one of its funds.
