All PropertyEU Archive articles – Page 46
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PropertyEU ArchiveCapital & Regional extends bidding deadline to 12 September
London-based REIT Capital & Regional has granted additional time for Praxis Group and NewRiver REIT to submit formal takeover bids.
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PropertyEU ArchivePatrizia pins hopes on market recovery with half year results suggesting slight operating improvement
Patrizia, the Germany-based real assets company with plans to grow to €100bn AUM in five years, has presented H1 results that show a 32% collapse in profits but with a silver lining.
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PropertyEU ArchiveCapital Economics: UK retail investment will 'continue to lead' the recovery
UK commercial property investment is still on track to hit the 20% YOY increaae in volume previously forecast by data provider, Capital Economics.
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PropertyEU ArchiveUK housebuilder cancels €840m merger
Bellway, the UK housebuilder, has walked away from a £720 mln (€840 mln) takeover of peer Crest Nicholson dampening m&a activity in the sector.
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PropertyEU ArchiveMartley’s Mailbox re-fi helped by €75m Leumi loan
Leumi, the UK specialist lender has provided £65 mln (€75 mln) loan to Martley Capital Group to help the recapitalisation and refinancing of The Mailbox, an iconic building in Birmingham city centre and one of the UK’s largest mixed-use developments outside of London.
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PropertyEU ArchiveBritish Land buys three UK retail parks for €52m
UK REIT, British Land, has acquired a trio of retail warehouses covering 270,000 ft2 from M7’s Box+ II fund for £45 mln (€52 mln).
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PropertyEU ArchiveSchroders lands €2.3b RE mandate
Schroders Capital’s private markets business has won a £2 bn (€2.3 bn) real estate mandate from the Wales Pension Partnership (WPP) in the UK, a collaboration of the eight local government pension funds in Wales.
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PropertyEU ArchiveShift in sentiment as investors expect RE performance to improve over next 12 months
Over half (52%) of investor respondents to an alternatives study have stated that they expect real estate performance to be better over the next 12 months compared with the previous 12 months, demonstrating a shift in investor sentiment toward the asset class.
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PropertyEU ArchiveESR Europe provides financing for Lisbon residential deal
ESR Europe, the European platform of ESR Group, has successfully closed an €18.1 mln loan to finance BF Group's acquisition of a 19th-century residential palace on Lisbon’s Avenida Liberdade.
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PropertyEU ArchivePanattoni develops speculative shed in Crawley, UK
Pan-European logistics developer Panattoni has begun speculatively developing a 200,000 ft2 (18,580 m2) logistics park in Crawley as part of its mid-box logistics development drive in the south east.
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PropertyEU ArchiveCBRE selects head of UK leasing
Global real estate advisor, CBRE, has appointed Rob Madden as head of UK leasing.
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PropertyEU ArchiveCommerz Real expands institutional business in London
Commerz Real has announced plans to expand its international institutional business in London, growing its local team in the UK capital.
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PropertyEU ArchiveSafestay swoops on city centre site in Budapest
Safestay, one of Europe’s largest hostel groups, has acquired a leasehold city centre site in Budapest, Hungary, via its wholly owned subsidiary Safestay Hungary.
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PropertyEU ArchiveAXA to sell AXA Investment Managers to BNP Paribas
Insurance group AXA has entered into an exclusive negotiation to sell its asset manager AXA Investment Managers (AXA IM) to BNP Paribas for cash proceeds of €5.1 bn.
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PropertyEU ArchiveCA Immo obtains €90m financing for two Berlin offices
Austrian real estate company CA Immo and UniCredit Bank have agreed €90 mln of new financing with terms of five and two years respectively for two neighbouring Berlin office buildings near Potsdamer Platz.
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PropertyEU ArchiveUK's USS snaps up 3,000 homes from Blackstone in €474m deal
UK pension manager the Universities Superannuation Scheme (USS) has acquired a portfolio of 3,000 shared ownership homes from US private equity giant Blackstone for £405 mln (€474 mln).
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PropertyEU ArchiveGreenPower and Railpen team up for Scottish onshore wind project
Railpen, one of the largest pension managers in the UK, and Scottish independent renewable energy business, GreenPower, have launched a joint venture to co-develop the circa 66 megawatt (MW) Barachander onshore wind project in North Argyll.
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PropertyEU ArchiveJP Morgan unveils green Spitalfields office plan
JP Morgan Global Alternatives, the alternative investment arm of JP Morgan Asset Management, has submitted a planning application for the modernisation of Bishops Square and Spitalfields Market.
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PropertyEU ArchiveOutlook positive for global industrial capital markets - research
New data from Savills has found that $78 bn (€71 bn) of industrial and logistics deals were completed globally in H1 2024, representing over 9% growth from the 2015-19 average.
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PropertyEU ArchiveBirmingham City Council launches drive to retrofit social housing
Birmingham City Council has retrofitted around a quarter of the homes identified as part of an ambitious project to make council homes greener, warmer and more energy efficient.
