All PropertyEU Archive articles – Page 375
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PropertyEU ArchiveUnion picks up Cologne office building
Union Investment has acquired the Cäcilium building in Cologne for its special real estate fund, UII German Prime Select.
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PropertyEU ArchiveGenerali teams up with Asian investor for major Paris office buy
The property arm of Italian insurance group Generali said on Thursday that it has joined forces with a major Asian investor to acquire New Station, a prime office asset in the Montparnasse area of Paris. Although financial details were not disclosed, market rumours put the deal price at over €300 ...
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PropertyEU ArchiveCBRE appoints sustainability boss for UK&I
Real estate advisor CBRE has appointed Kaela Fenn-Smith as managing director, Sustainability Services & ESG for its UK & Ireland business effective immediately.
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PropertyEU ArchiveFutureal acquires Wroclaw office tower
Futureal Investment Partners, the recently launched real estate investment and asset management business of CEE developer Futureal, has acquired the Wratislavia Tower in the centre of Wroclaw for an undisclosed amount.
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PropertyEU ArchiveCovid will accelerate rising market share of non-bank lenders
The fall-out from Covid will combine with the finalisation of Basel III to speed up the increasing market share of non-bank over bank lenders, finance experts say.
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PropertyEU ArchiveHines to invest €80m in major urban regeneration project in Italy
US privately-held developer-investor Hines has committed an €80 mln investment to create a new 16,000 m2 student housing scheme in the former Manifattura Tabacchi area, in the heart of Florence’s innovation hub.
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PropertyEU ArchiveKingstone launches €400m healthcare property fund
German investment management group Kingstone Real Estate has announced the launch of its first healthcare property fund targeting a gross asset value of €400 mln.
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PropertyEU ArchiveAxis picks up Harrow shopping centre at 8.3% yield
Axis Retail Partners - a retail investment advisory and asset management boutique founded by Florencio Beccar and Toby Smith in partnership with Generali - has exchanged contracts to buy St Georges Shopping Centre in greater London from RDI REIT.
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PropertyEU ArchiveHill Group secures €258m green refinancing facility
UK privately-owned housebuilder The Hill Group has completed the full refinancing of its group portfolio in the first major sustainability-linked loan (SLL) valued at £220 mln (€258 mln), maturing in 2026.
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PropertyEU ArchivePatrizia splashes €230m on mega Rotterdam distribution centre
German property group Patrizia has emerged as the buyer of the largest logistics property development currently underway in the Netherlands.
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PropertyEU ArchiveWeekly data sheet: Big guns push their final 2021 deals over the line
After a brief lull, large transactions are being signed off before the year end.
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PropertyEU ArchiveApache, KKR win €184m loan to fund Moda Living’s UK development
A UK build-to-rent joint venture of Apache Capital and KKR has secured £157 mln (€184 mln) in debt funding to finance the construction of Moda Living’s build-to-rent (‘BTR’) neighbourhood in Brighton and Hove in the UK.
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PropertyEU ArchiveEuropean real estate to continue to offer global relative value
European real estate is expected to maintain its allure for investors, according to new research by Europa Capital.
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PropertyEU ArchiveBlack Swan acquires mixed-use portfolio in France
Black Swan Real Estate Capital has expanded in France through the acquisition of a mixed-use portfolio from a French family office. The deal, of an undisclosed amount, was made on behalf of an unnamed British investment fund and the French family office, Hadès Patrimoine.
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PropertyEU ArchiveCanada Life to forward fund Turnstone Estates’ €76m Colchester leisure scheme
Canada Life has agreed to forward fund Turnstone Estates’ £65 mln (€76 mln) leisure development in Colchester’s Northern Gateway in the UK.
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PropertyEU ArchiveTPG Real Estate sells four assets in Cologne for €332m
TPG Real Estate Partners (TREP), the dedicated real estate equity investment platform of global alternative asset firm TPG, announced on Thursday that it has sold three properties in TechnologiePark, an office park in Cologne, Germany, to DIC Asset for a total of €267 mln.
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PropertyEU ArchiveNSI secures €300m green loan
Dutch property landlord NSI said on Thursday that it has amended and extended a revolving credit facility with ABN Amro, ING, Rabobank and Belfius.
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PropertyEU ArchivePGIM, Osborne agree €300m UK BTR JV
PGIM Real Estate’s European Value Partners II fund has agreed to enter into a joint venture with Osborne Developments for a multi-million-pound investment strategy targeting Build to Rent (BTR) multifamily opportunities in the South, Southeast and Southwest of England.
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PropertyEU ArchiveBlueRock, BGO buy real estate in Berlin for over €200m
Swiss real estate investment manager BlueRock Group and BGO Strategic Capital Partners (BGO SCP), the multi-manager platform of global real estate manager BentallGreenOak, have jointly invested in a multi-family residential strategy in Berlin in an operation valued at over €200 mln.
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PropertyEU ArchiveLinus wins €183m loan from Bain Capital
Bain Capital Credit has agreed a funding line of up to €183 mln to Linus Digital Finance (Linus), a publicly listed real estate fintech business, as part of a broader strategic partnership aimed at accelerating the growth of Linus' real estate financing business in the UK and Germany.
