All PropertyEU Archive articles – Page 431
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PropertyEU ArchiveHeimstaden expands in Germany with €190m deal
Heimstaden’s subsidiary, Heimstaden Bostad has announced the acquisition of 1,732 homes across 65 buildings in Germany for SEK 1.9 bn (€190 mln), further expanding its German portfolio to six new cities in the northeastern part of the country.
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PropertyEU ArchiveLaSalle acquires Barcelona hotel for €125m
LaSalle Investment Management has acquired NH Collection Gran Hotel Calderon located on Paseo de Gracia near Ramblas de Cataluña in the Ensanche district of Barcelona.
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PropertyEU ArchiveAltarea joins forces with Crédit Agricole Assurances on €1b of retail assets
Altarea announced on Thursday that it has entered into a long-term partnership with Crédit Agricole Assurances involving €1 bn of its retail property assets.
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PropertyEU ArchivePropTech1 Ventures makes first UK investment in Desana
PropTech1 Ventures, the European venture capital fund focused on the innovation potential of the real estate industry, is the lead investor in the $4 mln (€3.36 mln) seed funding round of the UK-based proptech startup Desana.
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PropertyEU ArchiveAggregate snaps up €1.3b development portfolio in Germany
Germany-focused real estate investor Aggregate Holdings has completed the acquisition of an 85% interest in a portfolio of 10 mixed-use projects across Germany for a significant discount to their value per end 2020 of €1.3 bn.
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PropertyEU ArchiveFrance’s Altarea to take over Primonial Group in €1.9b deal
French property developer Altarea has entered into exclusive negotiations with the shareholders and the management of the European real estate investment and asset management group Primonial with a view to taking full control of the Primonial Group by 2024 in a deal valuing the business at €1.9 bn, excluding potential ...
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PropertyEU ArchiveUrban Logistics seeks London main market listing
UK REIT Urban Logistics is targeting a premium listing on the main market of the London Stock Exchange via a fundraising of up to £108 mln (€125 mln).
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PropertyEU ArchiveKKR strengthens presence in the Nordics with Stockholm office
Global investment firm KKR has announced the opening of a new office in Stockholm, Sweden, reflecting its growth ambitions for the region.
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PropertyEU ArchiveKnight Frank makes senior ESG hire
Global property adviser Knight Frank has named Sarah Beattie as a partner in its corporate ESG strategy team.
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PropertyEU ArchiveRonny Pecik resigns as Immofinanz CEO
Ronny Pecik has resigned as CEO of Vienna- and Warsaw-listed Immofinanz after selling his stake in the Austrian real estate company to Peter Korbacka’s Eurovea.
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PropertyEU ArchiveMacquarie makes first direct move into UK BTR
Macquarie Asset Management has made an entry in the UK built-to-rent housing sector with the launch of Goodstone Living, a specialist real estate development and investment management business.
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PropertyEU ArchiveStudy Inn appoints new group finance director
Study Inn Group, the luxury hotel-style student accommodation owner, developer, and operator, has announced the appointment of Marcus Hook as group finance director to continue the company’s expansion.
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PropertyEU ArchiveHines European core fund inks new major acquisition in Germany
US privately-held developer-investor Hines has acquired a major new asset on behalf of the Hines European Core Fund (HECF), while announcing Simone Pozzato as HECF’s fund manager.
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PropertyEU ArchiveAEW UK fund acquires Birmingham entertainment centre at 9.5% yield
AEW UK Core Property Fund (AEW) has announced the acquisition of the 3.14 acre Fiveways Entertainment Centre on Broad Street in Birmingham, for £25.1 mln (€30 mln), reflecting a purchase yield of 9.5%.
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PropertyEU ArchiveFortwell launches €300m Irish lending business with Warren Private
UK alternative lender Fortwell Capital has launched a major initiative to support development activities in the Republic of Ireland. Activities commenced immediately with the completion a new €21 mln construction loan to Red Rock Developments Ltd., a property company led by experienced Irish developer, Keith Craddock.
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PropertyEU ArchiveSirius acquires €170m Finnish resi portfolio from YIT
A newly-established affiliate of the Finnish real estate investment manager Sirius Capital Partners has signed an agreement to acquire a portfolio of 13 residential buildings comprising more than 700 apartments in Finland.
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PropertyEU ArchiveBanks to securitise another €1.1b of Blackstone and Brookfield assets
Two more CMBS transactions have been launched in the last week, taking the number so far this year to nine.
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PropertyEU ArchiveNuveen Real Estate picks up Paris office
Global real estate investment manager Nuveen Real Estate has acquired an office on rue Jobbé Duval, Paris, on behalf of the Cityhold Office Partnership (CHOP) which it manages.
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PropertyEU ArchiveReal IS hires Peretti for new role of ESG officer
Real IS, the property arm of German lender BayernLB, has appointed Giulia Peretti as ESG officer with effect from 1 June.
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PropertyEU ArchiveVonovia gets green light for Deutsche Wohnen takeover
Listed residential landlord Vonovia has gained approval for its takeover of rival Deutsche Wohnen from Germany's Federal Cartel Office, clearing the way for a merger that will create Europe's largest housing group with more than 500,000 apartments.
