All PropertyEU Archive articles – Page 443
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PropertyEU ArchiveWeekly data sheet: First jumbo portfolio of 2021 trades in Germany
The Project Mount acquisition by Tristan Capital Partners of 6 mln sq ft of German assets is the first €1 bn private sale of a portfolio in Germany this year.
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PropertyEU ArchiveEuropean 2021 CMBS nears €2b with Goldman Dutch deal
Goldman Sachs has launched another CMBS transaction, taking the volume of European securitisation this year to almost €2 bn.
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PropertyEU ArchiveDeka bags Dublin office block from Irish Life for €164m
German investor Deka Immobilien Investment has completed the purchase of Block A, Riverside IV in Dublin – a prime office building located in Dublin’s south docklands – from Irish Life Investment Managers for a price in the region of €164 mln.
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PropertyEU ArchivePeakside raises further €120m for Fund IV
Peakside Capital Advisors (Peakside) has raised over €120 mln of additional equity commitments at the second closing of its Peakside Real Estate Fund IV (PREF IV). This now brings the placement rate to over 80% of the fund’s target size within less than four months of launch.
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PropertyEU ArchiveBruntwood, L&G picked for €1.75b Manchester project
Bruntwood SciTech, a 50:50 joint venture between Bruntwood and Legal & General, has been picked as the preferred bidder to deliver the city’s new £1.5 bn (€1.75 bn) innovation district - ID Manchester.
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PropertyEU ArchiveEuropean retail property may face two more years of pain, research says
The slide in European retail real estate values could extend until early 2023 if, as projected, lagging markets in the EU follow the trajectory of the UK, where prices have already fallen 40% from peak to trough and are only now showing signs of bottoming out, according to a new ...
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PropertyEU ArchiveOnix bags Madrid shopping centre
Investment firm Onix Capital Partners has acquired the Madrid Sur shopping centre in the Spanish capital city for an undisclosed amount.
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PropertyEU ArchiveXior adds board director to support Dutch growth
Belgian student housing specialist Xior has announced the hire of Dutch national Marieke Bax to support the company’s growth in the Dutch market.
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PropertyEU ArchiveHome REIT buys €55m of UK resi assets
Home REIT has acquired a further 14 separate portfolios of properties located across England for a total of £47 mln (€55 mln), including acquisition costs.
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PropertyEU ArchiveTritax EuroBox €500m bond issue deluged by 6x over-subscribed book
European logistics real estate investor Tritax EuroBox’s recent maiden €500 mln green bond issuance slashed its cost of debt and was over 6x oversubscribed, securing the lowest coupon ever for a BBB-debut real estate issuer in Euros.
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PropertyEU ArchiveNew €470m Norwegian shopping centre owner launches
An investment group including Norwegian billionaire businessman and property developer Petter A. Stordalen has established Aurora Eiendom, a new property company with the ambition to become one of Norway’s largest shopping centre owners.
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PropertyEU ArchiveDeA Capital inks €268m Italian logistics deal
Italian asset manager DeA Capital Real Estate has announced the acquisition of a logistics portfolio in Central and Northern Italy for a price of €268 mln.
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PropertyEU ArchiveCitycon seeks tie-up with resi developers to transform into mixed-use owner
Nordic listed retail specialist Citycon is in negotiations with several potential joint venture partners to team up on a number of mixed-use projects, CEO Scott Ball told PropertyEU. The partnerships would help the company speed up its strategy to move away from a sole focus on retail assets and expand ...
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PropertyEU ArchiveLIP Invest buys German logistics assets in off-market deal
LIP Invest said this week that it is acquiring two Hermes distribution centres in Düsseldorf Willich and in Neutraubling, southern Bavaria, Germany, on behalf of the LIP Real Estate Investment Fund – Logistics Germany III open-ended fund.
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PropertyEU ArchiveSenior Living aspect of European healthcare market continues to attract new capital, says Colliers
The nursing/care home component of European investment volumes superseded the trading of senior living assets for the first time in five years during 2020 and into Q1 2021, yet growth in demand for greater senior housing options will drive higher investment market share for these assets longer term, according to ...
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PropertyEU ArchiveKnight Frank boosts Public Sector Advisory team with two new hires
Global property consultancy Knight Frank has announced the appointments of Ian Tasker and Nigel Badham as partners in its Public Sector Advisory team as part of the broker’s larger plans to grow its existing public sector offering.
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PropertyEU ArchiveCofinimmo offloads over €80m of offices
Belgian listed property firm Cofinimmo has agreed to sell a number of office buildings located in the Antwerp and Brussels periphery as well as in the decentralised area of Brussels for over €80 mln, in line with the assets’ latest appraised value.
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PropertyEU ArchiveAllied Real Estate Group plots €700m worth of sales at Dublin project
Allied Real Estate Group (AREG) plans to offer a series of forward funding deals to the market at its Project Royal scheme in Dublin that could fetch a total of €700 mln.
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PropertyEU ArchivePbb provides €30m for Spanish logistics park
German lender pbb Deutsche Pfandbriefbank has provided an investment loan facility totaling €30 mln for a logistics park managed by UBS Switzerland.
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PropertyEU ArchiveHines to invest €200m in Milan regeneration project
US privately-held developer-investor Hines has been picked by the Milan municipality for a major urban regeneration project representing an investment of around €200 mln.
