All PropertyEU Archive articles – Page 448
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PropertyEU ArchiveEurope accounts for lion's share of investment strategies in 2020 - INREV
Total global real estate assets under management (AUM) hit €3.3 trillion in 2020, despite the challenges of the global pandemic, according to the Fund Manager Survey 2021 published this week by ANREV, INREV and NCREIF.
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PropertyEU ArchivePangea expands the group with debt advisory business
Pangea Property Partners has widened its business platform with the launch of a debt advisory line led by Terje A. Pettersen and John Stene.
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PropertyEU ArchiveSavills launches strategic advisory EMEA team
Savills has expanded its offer to include a dedicated Strategic Advisory EMEA team, the broker said on Friday.
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PropertyEU ArchiveArdent snaps up UK mall from Lendlease
US-based real estate investment and asset management firm Ardent has agreed to acquire the Touchwood shopping centre in Solihull, UK, from Lendlease Retail Partnership (LLRP), an investment fund managed by Lendlease.
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PropertyEU ArchiveLandsec name sustainability boss
UK REIT Landsec has announced the appointment of Jennie Colville as head of ESG and Sustainability. In her role, Colville will lead Landsec’s sustainability strategy and its implementation across the company’s £10.8 bn portfolio.
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PropertyEU ArchiveSt Modwen accepts €1.4b Blackstone offer
UK regeneration specialist St Modwen said on Thursday that it has reached an agreement with Blackstone on a 542-pence-per-share takeover proposal.
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PropertyEU ArchiveKryalos last-mile fund secures €121m loan from Bank of America
Italian asset manager Kryalos’s last mile logistics fund, known as Hour, has received a €120 mln loan facility from Bank of America to refinance its portfolio and free up cash for new acquisitions.
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PropertyEU ArchivePwC campus in Brussels sold to international investor for €132m
Ghelamco Group, advised by Cushman & Wakefield, has sold the PwC campus close to Brussels Airport in Belgium to an international financial institution for €131.7 mln.
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PropertyEU ArchiveHammerson closes €380m retail park portfolio sale to Brookfield
UK REIT Hammerson said on Thursday that it has completed the sale of its seven retail park assets to Canadian investor Brookfield for £330 mln (€380 mln) in cash.
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PropertyEU ArchiveTritax Eurobox set to enter Sweden, prepares €500m green bond issue
European logistics specialist Tritax Eurobox has announced plans to launch its inaugural green bond issue at a time when it prepares to enter new markets such as Sweden, with roughly €100 mln of deals in exclusivity across three markets.
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PropertyEU ArchiveDream Industrial confirms talks to buy €880m European portfolio
Toronto-based Dream Industrial REIT has confirmed it is in advanced negotiations to acquire a portfolio of 31 institutional quality, logistics properties across Europe in a share deal valued at €880 mln.
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PropertyEU ArchiveJLL adds to corporate solutions team
JLL today announced two strategic hires for its Corporate Solutions business with the hire of Cheryl Carron and Helena Skjeld.
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PropertyEU ArchiveLIP Invest buys Munich logistics asset
Logistics specialist LIP Invest said on Thursday that is acquiring a newly built, fully rented logistics property for its logistics fund in Mühldorf, Bürgermeister-Boch-Straße, Upper Bavaria.
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PropertyEU ArchiveRome’s iconic Café de Paris building to be put up for sale
A world-famous building located on Rome’s central Via Veneto is about to come to the market with a guide price of over €76 mln, PropertyEU has learned.
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PropertyEU ArchiveSavills IM to take control of debt manager DRC Capital
Savills’ investment management business, Savills IM has agreed to exercise a call option to acquire the remaining 75% stake it did not already own in DRC Capital (DRC), a European real estate debt manager.
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PropertyEU ArchiveMaarsen Groep tees up sale of 50,000 m2 Modernist
Maarsen Groep, the Amsterdam-based real estate investor behind eye-catching developments such as the 'Hourglass' and 'Cubes', has placed on the market one of its latest projects under construction.
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PropertyEU ArchiveBids reach over €100m for London office HQ
Second-round bids have been submitted for global charity Save the Children’s HQ at 1 St John’s Lane in Farringdon, London.
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PropertyEU ArchivePbb, Helaba refinance Prague office park with €130m loan
German lenders pbb Deutsche Pfandbriefbank (pbb) and Helaba have jointly underwritten a €130 mln investment facility to refinance the Dock In Office Park complex in Prague for local developer Crestyl Group.
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PropertyEU ArchiveDekaBank, Wells Fargo finance Ultrabox logistics portfolio with €183m loan
Lenders DekaBank and Wells Fargo Bank, National Association (WFBNA) have provided a £158.6 mln (€183 mln) three-year term loan secured against a portfolio of eight UK logistic assets known as the Ultrabox portfolio.
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PropertyEU ArchiveAllianz, BNP Paribas provide €185m green loan for Paris asset
Allianz Real Estate has granted 78% of a €185 mln loan for a complete restructuring operation located in the 18th arrondissement of Paris to be carried out by Icawood a fund specializing in low-carbon-emission office developments.
