All PropertyEU Archive articles – Page 457
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PropertyEU ArchivePbb refinances Heimstaden’s Berlin portfolio with €140m loan
German lender Pbb Deutsche Pfandbriefbank said this week that it has provided around €140 mln to a subsidiary of Northern European residential property specialist Heimstaden Bostad to refinance the acquisition of a nearly fully-let residential portfolio located in Berlin.
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PropertyEU ArchiveCR to sell German portfolio of allegedly fraudulent Dolphin Trust property company
The administrator to an insolvent German property company which collapsed last year owing more than £1 bn to small investors has awarded a work-out mandate for the assets.
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PropertyEU ArchiveAustrians to pay €650 mln+ for Munich’s HighLight Towers
Imfarr the Austrian private developer/investor which bought Frankfurt’s Silver Tower at the end of 2020 with the Ketterer family office, is buying the HighLight Towers in Munich.
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PropertyEU ArchiveAurelius to invest €400m in European value-add assets
Aurelius Real Estate Opportunities (AREO), the Luxembourg-based real estate arm of the Aurelius Group, has unveiled plans to invest €400 mln in European value-added real estate opportunities over the next three years.
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PropertyEU ArchiveCovivio Hotels to launch €250m capital hike to seize opportunities
Covivio Hotels, the hospitality arm of French property giant Covivio, has announced plans to launch a capital increase with shareholders' preferential subscription rights of €250 mln, subject to market conditions.
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PropertyEU ArchiveWarburg-HIH, Koreans buy largest single-tenant logistics property in the Netherlands for €215m
Warburg-HIH Invest Real Estate (Warburg-HIH Invest) has acquired the largest single-tenant logistic property in the Netherlands on behalf of Korean investors led by Midas International Asset Management and NH Investment & Securities.
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PropertyEU ArchiveBlackstone seeks buyer for 35,300-m2 London office complex
US asset management giant Blackstone is understood to have hired agents CBRE and Knight Frank to sell the Times Square office complex in London.
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PropertyEU ArchiveAllegra Care and Moorfield in debut buy for new €144m UK nursing home JV
UK-focused care home operator Allegra Care and UK fund manager Moorfield’s Fund IV have completed the acquisition of Sentinel Health Care, the privately owned nursing home group.
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PropertyEU ArchiveEdmond de Rothschild assembles €115m Birmingham site for UK PRS fund
Edmond de Rothschild Real Estate Investment Management (REIM) has assembled a £100 mln (€115 mln) development site in the centre of Birmingham for its Edmond de Rothschild Residential Investment Fund UK, which invests in the private rented sector (PRS) on behalf of European institutional investors.
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PropertyEU ArchiveIREIT Global inks €110m sale-and-leaseback with Decathlon in France
IREIT Global, a Singapore-based Europe-focused real estate investment trust, has entered into an agreement with sporting goods retailer Decathlon to acquire a portfolio of 27 retail properties in France for €110.5 mln.
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PropertyEU ArchiveThree US bidders vie for €1.4b Portuguese hotel package
Portuguese private equity firm ECS has selected Davidson Kempner, Oaktree and a joint venture of Cerberus and Bain Capital to put forward binding offers for a portfolio of roughly 20 Nau hotel properties in Portugal.
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PropertyEU ArchiveURW offloads €1b of retail assets in Austria and Slovakia
European listed property giant Unibail-Rodamco-Westfield (URW) has announced the sale of its 45% stake in Austria’s largest shopping centre, Shopping City Süd in Vienna, as well as the phased disposal of Aupark in Bratislava, Slovakia for €930 mln.
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PropertyEU ArchiveHines fund snaps up 61,000-m2 logistics asset in Denmark
US private developer-invetor Hines has acquired an urban logistics facility totaling 60,750 m2 in a prime strategic location in Denmark on behalf of its Hines European Core Fund (HECF), from a company managed by the Nordic Investment Bank Pareto Securities, for an undisclosed price.
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PropertyEU ArchiveHines secures permit for prime Oxford Street refurb
International real estate firm Hines has secured planning consent from Westminster City Council for a proposed flagship mixed-use retail and office scheme in London’s West End.
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PropertyEU ArchiveM&G real estate debt chief departs
John Barakat, head of M&G Investments Real Estate Finance Team, is leaving the business he set up 12 years ago.
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PropertyEU ArchivePetersen promoted to CEO of Colliers Denmark
Professional services and investment management company Colliers has promoted Carsten Gørtz Petersen to CEO in Denmark as of 1 May.
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PropertyEU ArchiveCycas Hospitality appoints first managing director
European hotel management company Cycas Hospitality has appointed Apurva Pratap as its first managing director.
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PropertyEU ArchiveBMO REP appoints head of research
BMO Real Estate Partners (BMO REP), part of Canada’s BMO Financial Group’s global asset management business, has appointed Joanna Tano as head of research.
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PropertyEU ArchiveEuropa Capital promotes four with James Farmer appointed partner
Europa Capital, the pan-European real estate investment manager, has promoted James Farmer to partner, in addition to three further promotions across origination and acquisitions and investor relations.
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PropertyEU ArchiveHanseMerkur snaps up Düsseldorf Airport scheme
HanseMerkur Grundvermögen, the real estate arm of the German insurance group, has acquired the Smart Office scheme at Düsseldorf Airport from project manager Bema and ABG Real Estate Group.
