All PropertyEU Archive articles – Page 379
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PropertyEU Archive
Cain, PGIM agree €225m funding for Vita Group’s Manchester project
Cain International (Cain), a privately held investment firm led by Jonathan Goldstein, together with PGIM Real Estate have agreed a development loan of £191 mln (€225 mln) to finance Union, Vita Group’s new 500,000 sq ft (46,450 m2) BTR proposition in Manchester, UK.
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PropertyEU Archive
London tops Allianz’s 2021 European office market ranking
London, Stockholm and Berlin have been ranked Europe’s top three cities in terms of office sector investment opportunities in Allianz Real Estate’s Cities That Work 2021 report.
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PropertyEU Archive
Home REIT secures €153m loan from Scottish Widows
UK residential property firm Home REIT said on Thursday that it has finalised an additional £130 mln (€153 mln) interest-only debt facility with Scottish Widows.
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PropertyEU Archive
Pandemic drives polarisation in European cities’ performance - LaSalle
London ranks as Europe’s leading city for projected real-estate occupier demand for the fifth year running in the latest annual edition of the newly named European Cities Growth Index (ECGI), published by global real estate investment manager LaSalle Investment Management.
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PropertyEU Archive
Harworth appoints head of mixed tenure
UK developer Harworth Group has announced the appointment of James Crow to the new role of head of Mixed Tenure.
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PropertyEU Archive
RETAIL WATCH: 'Timber homes address several pressing issues that cities face'
In September of this year, Vienna-headquartered Immofinanz revealed plans to build timber framed, sustainable housing on top of its single-storey Stop Shop retail parks.
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PropertyEU Archive
Heitman acquires German self-storage platform in major expansion drive
US real estate investment management firm Heitman has announced the acquisition of All Seasons, a German self-storage platform based in Northwestern Germany with portfolio locations in Oldenburg, Osnabruck, and Porta Westfalica. Financial details were not disclosed.
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PropertyEU Archive
BNP Paribas REIM, CDC acquire new Brussels office complex
BNP Paribas REIM and CDC Investissement Immobilier have joined forces to buy a new 16,000 m2 office building in Brussels in a share deal of an undisclosed amount.
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PropertyEU Archive
Catella resi fund invests €80m in Nijmegen resi complex
Berlin-based Catella Residential Investment Management (CRIM) together with the Munich-headquartered AIFM platform Catella Real Estate have acquired a mixed-use residential development in Nijmegen, in the east of the Netherlands, for €80 mln.
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PropertyEU Archive
Harrison St links up with TEC to build 444-bed Pamplona student digs project
US investment manager Harrison Street has joined forces with Barcelona-based construction and development company TEC Engineering to develop a new 444-bed purpose-built student accommodation (PBSA) property in Pamplona, Spain.
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PropertyEU Archive
Sirius picks up Stuttgart business park for €35m
Industrial parks specialist Sirius Real Estate has completed the acquisition of a business park in Neckartenzlingen, south of Stuttgart, for a total cost of €34.5 mln.
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PropertyEU Archive
Covivio targets net zero carbon portfolio by 2030
European listed property giant Covivio this week committed to a 40% reduction in its greenhouse gas emissions with the aim to achieve a Net Zero Carbon contribution for scopes 1 and 2 across its entire portfolio by 2030.
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PropertyEU Archive
Blackstone snaps up Cabot logistics portfolio in €2.5b deal
US asset management giant Blackstone has agreed to acquire an institutional-quality portfolio comprising 102 properties across the US and 22 assets in the UK, Germany and the Netherlands in a deal valued at $2.8 bn (€2.5 bn).
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PropertyEU Archive
Resolution enters logistics sector with 40,000m2 Dutch acquisition
Resolution Property has made its first acquisition in the logistics sector with the purchase of a 40,000 m2 logistics hub in Woerden, the Netherlands.
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PropertyEU Archive
RETAIL WATCH: From rags to riches
The real estate industry has woken up to environmental, sustainable and governance (ESG) reporting, with the property world displaying new vigour to make sure that assets – and business models – are up to scratch.
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PropertyEU Archive
Redevco creates NextGen board for ‘fresh perspective’ on strategy
Privately owned real estate investment manager Redevco has created a NextGen board with eight members to provide a ‘fresh perspective’ on the company’s vision, mission, strategy, and culture.
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PropertyEU Archive
Azora cements position in Italian hotel market with major platform deal
European private equity real estate manager Azora has acquired Italian family-owned hotel operator Bluserena in what it says is the biggest hotel transaction in the country this year.
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PropertyEU Archive
Did WFH save occupiers money? Answer: 'No'
Despite almost all European office employees working from home (WFH) last year, empty workplaces did not lead to a reduction in the expenditure that companies had to fulfil had the workforce been in the office.
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PropertyEU Archive
Analysis: Project Ceres heats up
As bidders for the DHL prime Europe logistics portfolio await feedback, here we set out what they are fighting for.
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PropertyEU Archive
Tritax EuroBox acquires third logistics asset in Italy
European logistics investor-manager Tritax EuroBox has purchased a logistics warehouse in Piacenza, Northern Italy, its third in the country to date.