All PropertyEU Archive articles – Page 488
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PropertyEU ArchiveMiddle East’s Kamco Invest eyes Netherlands and Nordics
Kamco Invest, the Kuwaiti-based firm that manages investments on behalf of Middle Eastern investors, is prepared to branch out its real estate investing activities towards the Netherlands and the Nordic region.
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PropertyEU ArchivePrime retail rents expected to fall in Italy for the first time in three decades
2021 is expected to mark the first fall in Italian prime retail rents in almost three decades, according to research group Capital Economics.
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PropertyEU ArchiveWeekly data sheet: Motivated sellers in the UK; big investors move on hotels
There are eight opportunities on the market this week, several from distressed or motivated UK sellers.
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PropertyEU ArchiveShawbrook Bank grows lending teams
Shawbrook Bank’s property finance division has expanded its underwriting and lending support functions with the appointment of 20 new team members, significantly increasing capacity and capability for its brokers and customers.
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PropertyEU ArchiveCTP appoints CBRE’s Klomp as business development head in Romania
Logistics property specialist CTP is expanding its Romanian team with the appointment of Gijs Klomp as the new head of business development.
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PropertyEU ArchiveVärde Partners hires agent to sell Milan resi project
US private equity firm Värde Partners is believed to have appointed Imi Intesa Sanpaolo as advisors on the sale of its interest in the former Trotto San Siro development site in Milan.
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PropertyEU ArchiveCornerstone hires Adgar operations head as COO
CEE private equity investment management firm Cornerstone Partners has announced the hire of Artur Filipiuk as venture partner & COO.
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PropertyEU ArchiveGecina divests non-core assets for €55m
French REIT Gecina has sold a mixed portfolio of 16 non-core assets to two funds managed by Keys REIM, the Keys Asset Management Group’s portfolio management company for a total of €54.6 mln excluding duties.
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PropertyEU ArchiveInvestors to sell stake in Facebook’s Ballsbridge HQ for €380m
The Serpentine consortium is reportedly seeking an agent to manage the disposal of a stake in Facebook’s new European headquarters in Ballsbridge, Dublin.
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PropertyEU ArchiveBatipart hires advisors to sell €350m nursing home portfolio
Batipart, the holding company of French entrepreneur Charles Ruggieri, has reportedly launched the sale of a €350 mln portfolio of nursing homes in Italy and Spain.
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PropertyEU ArchiveNiam acquires three commuter hubs in Stockholm from Citycon for €150m
Swedish private equity firm Niam has entered into a binding agreement with Citycon for the purchase of a portfolio of three commuter hubs totaling just over 57,000 m2 for a price of SEK 1-5 bn (€150 mln).
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PropertyEU ArchiveECS seeks buyer for €1.4b Portuguese hotel package
Portuguese private equity firm ECS has put a portfolio of roughly 20 Nau hotel properties in Portugal on the market for a price of over €1 bn, PropertyEU has learned.
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PropertyEU ArchiveCromwell promotes Lowe to head of transactions for Europe
Real estate investor and manager Cromwell Property Group has announced the promotion of Patrick Lowe to head of transactions for Europe.
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PropertyEU ArchivePandemic steers investors towards inner-city, mixed-use property clusters
Corestate is the latest investor to announce a strategy focused on inner-city, mixed-use clusters with the launch of Stadtquartiere I, a new open-ended fund for institutional investors targeting city-quarter assets in Germany.
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PropertyEU ArchiveVastned unveils new inner-city cluster creation strategy, moves to smaller HQ
European listed retail property specialist Vastned has announced a new strategy focusing on the creation of city-centre buildings which offer a mix of shopping, working and living.
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PropertyEU ArchiveItaly’s Dea Capital adds DWS’s Gianluca Muzzi to advisory board
Italian asset manager Dea Capital has added DWS’s head of alternatives Gianluca Muzzi to its advisory board, with responsibility for fundraising and relations with European institutional investors.
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PropertyEU ArchiveNatwest puts €630m NPL portfolio on the block
NatWest group, formerly Royal Bank of Scotland, has appointed PwC to sell a £550 mln (€630 mln) portfolio of non performing loans secured against 25 mainly shopping centre assets in the UK.
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PropertyEU ArchiveClarion Partners Europe to spend €47m on French logistics development
Clarion Partners Europe, the real estate investment fund manager specialising in logistics and industrial assets, has agreed to forward fund a Grade-A warehouse in Boisseaux, south of Paris, for €46.6 mln.
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PropertyEU ArchiveSt Modwen earmarks €230m worth of UK commercial assets for sale
UK property developer St Modwen has announced plans to sell around £200 mln (€230 mln) of non-core assets as part of a plan to realize capital from its portfolio.
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PropertyEU ArchiveCastellum CEO: 2021 will be ‘normal year’ for transactions
Henrik Saxborn, CEO of Swedish-listed property company Castellum, says he expects the company to transact a ‘normal’ amount of deals this year in the wake of a failed takeover bid for Entra and a linked reduced transaction with The Blackstone Group.
