All PropertyEU Archive articles – Page 482
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PropertyEU ArchiveHK's Wing Tai snaps up Deloitte London office for €296m
A consortium led by Hong Kong's Wing Tai Properties has acquired a newly-redeveloped London office for £255 mln (€296 mln) from Henderson Park.
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PropertyEU ArchiveDemire inks deal for €270m Frankfurt office
German listed commercial property landlord Deutsche Mittelstand Real Estate (Demire) has acquired a 50% stake in the Cielo office complex in Frankfurt from RFR Group, and inked a purchase right for the entire property.
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PropertyEU Archive€10b of European hotel deals in 2020 defies expectations - research
Around €10 bn of European hotel deals were closed in 2020, despite the global health crisis, according to new data from Cushman & Wakefield.
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PropertyEU ArchiveNoerr reinforces real estate investment practice team in Frankfurt
Law firm Noerr is strengthening its real estate investment practice group (REIG) with the hire of Tim Behrens as associated partner at the Frankfurt office.
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PropertyEU ArchiveWeekly data sheet: Vendors test market with logistics, science parks and hotels
Logistics portfolios in France and Italy; another UK science park; and hotels in southern Europe hit the market this week.
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PropertyEU ArchiveBruntwood, L&G JV inks major life sciences buy in Cambridge
Bruntwood SciTech, a 50:50 joint venture between Bruntwood and Legal & General, has announced its expansion into the UK’s ‘Golden Triangle’ through the acquisition of Melbourn Science Park in Cambridge, UK, forming a new strategic partnership with independent technology and product development company TTP.
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PropertyEU ArchiveEquity Estate, Arzan Wealth snap up RTL office buildings in the Netherlands
Hill Top 3, a joint venture between Dutch investor Equity Estate and Arzan Wealth, the Dubai arm of Kuwait-headquartered financial services firm Arzan Financial Group, has purchased the RTL office at Media Park in Hilversum from Media Park Enterprise for an undisclosed amount.
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PropertyEU ArchiveJLL adds to Polish office agency with new hire
Broker JLL has announced the recruitment of Olga Szczesna as director in its Polish Office Agency Department.
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PropertyEU ArchiveStarwood to buy UK-focused RDI REIT in €537m deal
Starwood Capital has reached an agreement with RDI REIT’s independent directors to take over the entire share capital of the UK-focused investment firm in a deal valuing the company at £468 mln (€537 mln).
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PropertyEU ArchiveGlobal lodging industry is poised to rebound in 2021, says JLL
Uncertainty and caution plagued hotel investor interest in 2020 due to the Covid-19 pandemic, however, the global lodging industry is poised to rebound in 2021, according to a new research report published by broker JLL.
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PropertyEU ArchiveBain emerges as frontrunner to acquire stake in €200m Milan project
Bain Capital has entered exclusive negotiations with local developer Borio Mangiarotti and Borio’s parent company Värde Partners to buy into a €200 mln residential development project in Milan, PropertyEU has learned.
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PropertyEU ArchiveWeston launches sales for €165m of resi projects in the UK
UK house-builder Weston Homes has simultaneously launched the sales at three key property developments across the South East of the UK.
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PropertyEU ArchiveEurofund, LCP poised to buy Amazon logistics project near Barcelona
A partnership of Eurofund and Logistics Capital Partners (LCP) is reportedly close to inking the purchase of a massive development site in Figueres, Girona, near Barcelona.
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PropertyEU ArchiveAEW raises €475m for new urban logistics strategy
Global real estate investment and asset manager AEW has launched a new urban logistics and light industrial strategy called ULLIS with €475 mln of start-up equity.
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PropertyEU ArchiveBerlin Hyp finances hausInvest resi portfolio with €37m loan
German lender Berlin Hyp said on Thursday that it is providing a loan of €37 mln to Commerz Real’s hausInvest open-ended fund over a term of five years.
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PropertyEU ArchiveCornerstone joins foces with Crestyl to acquire Polish resi developer for €330m
Real estate private equity investment manager Cornerstone Partners has teamed up with Czech developer Crestyl Group to acquire Budimex Nieruchomosci, one of the largest Polish residential developers for over PLN 1,5 bn (€330 mln).
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PropertyEU ArchiveAXA raises €3.7b for real estate in ‘challenging’ year
AXA Investment Managers’ real assets business raised €3.7 bn of capital for real estate equity strategies (excluding debt investing) in 2020.
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PropertyEU ArchiveCurlew secures planning for 282-bed PBSA redevelopment in London
UK alternative real estate development, asset & fund manager Curlew Capital has received the green light for a 282-room purpose built student accommodation (PBSA) development in Stratford, East London.
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PropertyEU ArchiveBlackstone puts €225m Italian logistics portfolio on the market
US asset management group Blackstone is believed to have put a €225 mln Italian logistics portfolio on the market in the largest sales mandate currently ongoing in the country.
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PropertyEU ArchiveMercadona in talks to sell €200m supermarket portfolio
Spanish supermarket chain Mercadona is reportedly in negotiations to divest a portfolio of 30 supermarkets to the Israeli fund MDSR for nearly €200 mln.
