All PropertyEU Archive articles – Page 494
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PropertyEU ArchiveCLS snaps up three office buildings across Germany for €90m
CLS has exchanged contracts to acquire a portfolio of three office buildings in Düsseldorf, Berlin and Hamburg for €89.7 mln, excluding costs, from Commodus Real Estate.
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PropertyEU ArchivePGIM acquires stake in UK commercial property company
PGIM Real Estate has acquired a 25% stake in Langtree, on behalf of an investment strategy, in a multi-million pound deal. Langtree is a major UK regional property development and management business.
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PropertyEU ArchiveLondonMetric appoints Harworth CFO as non-exec director
LondonMetric Property has announced the appointment of Kitty Patmore as an independent non-executive director of the company with immediate effect.
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PropertyEU Archive‘Beds and Sheds’ notch record share of investment deals in Covid-hit Europe - RCA
Investor spending on apartment and industrial properties combined took a greater value share of European commercial property transactions than offices for the first time last year, buttressing overall deal volume, Real Capital Analytics European Capital Trends 2020 report shows.
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PropertyEU ArchiveWeekly data sheet: A busy month for debt, but big investment deals slow down
Driven by refinancings, loans made are running at higher than average rates, while investment lot sizes are trending to smaller to mid-sized deals.
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PropertyEU ArchiveKnight Frank hires new head of BTR
Agent Knight Frank has hired Jonny Stevenson as the new head of its Build to Rent team.
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PropertyEU ArchiveOakley Capital buys into Southern European online property platform for €175m
Oakley Capital has agreed to take a minority share in idealista, a major online real estate classifieds platform in Southern Europe, present in Spain, Italy, and Portugal.
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PropertyEU ArchiveNBIM’s property portfolio posts negative return in 2020
Norway’s sovereign wealth fund Norges Bank IM said that its property portfolio delivered a negative return of 5% over the year 2020, compared to a total positive performance of 12.1% across its entire portfolio.
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PropertyEU ArchiveOverseas investment into UK CRE reached highest market share ever in 2020, says Colliers
The share of overseas investors in the UK commercial property market reached its highest ever level in 2020, accounting for 50% of the £44 bn (€50 bn) total for the year, according to Colliers International.
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PropertyEU ArchiveCanada Life AM commits €30m to develop UK car park for NHS
Canada Life Asset Management has purchased a 140- year leasehold interest in a site forming the first phase of the Adanac Health & Innovation Campus in Southampton, UK, for University Hospital Southampton NHS Foundation Trust.
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PropertyEU ArchiveKinetic Capital finances UK student digs with €38m loan
Kinetic Capital has announced that it has granted a £34 mln (€38 mln) whole loan facility to Cassidy Group to finance a 436-bed purpose-built student accommodation (PBSA) development in Earlsdon, Coventry in the UK.
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PropertyEU ArchiveCBRE GI raises €500m in first green bond issuance in EMEA
A fund sponsored by CBRE Global Investors has priced its inaugural green Eurobond debt offering of senior unsecured notes raising €500 mln. The issuance marks the first ever issuance direct from a SICAV structure in the investment grade corporate bond market, as well as the first issuance executed directly from ...
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PropertyEU ArchiveKanAm launches new fund targeting €500m
The KanAm Grund Group has announced the launch of a new fund targeting a volume of €500 mln. The vehicle, KanAm Grund Öffentliche Institutionen Deutschland, is aimed at financial institutions looking for a core, secure property investment. As such, the fund only invests in properties let to secure tenants in ...
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PropertyEU ArchiveIRES completes purchase of Dublin assets for €60m
Irish Residential Properties REIT has completed the acquisition of 146 residential units located in The Phoenix Park Racecourse, Castleknock, Dublin 15 from Flynn & O'Flaherty Construction for a total purchase price of €60 mln.
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PropertyEU ArchiveInvestec appoints new real estate head to accelerate loan book growth
Investec, a provider of residential and commercial finance to corporate, institutional and private clients, has appointed Mark Bladon as head of Real Estate.
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PropertyEU ArchiveAEW buys Warsaw city logistics asset for German pension fund
Global real estate investment manager AEW has acquired a newly developed city logistics asset in Warsaw, Poland from Panattoni. The off-market transaction was made on behalf of a separate account mandate for a German pension fund.
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PropertyEU ArchiveCromwell promotes Hansen to head of development
Real estate investor and manager Cromwell Property Group has promoted Chris Hansen to oversee its development and project management initiatives in both Europe and Australia.
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PropertyEU ArchiveTritax hires Segro exec as partner
Logistics real estate investment manager Tritax Group has announced the appointment of Segro’s former exec director Phil Redding as partner.
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PropertyEU ArchiveHeimstaden Bostad snaps up 3 BTR projects in Warsaw
Heimstaden Bostad has announced its second acquisition in Poland, involving three build-to-rent projects in Warsaw for SEK 842 mln (€83 mln) and an option to acquire an additional 60 apartments. The seller and developer is Marvipol Development.
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PropertyEU ArchiveM7 assembles €340m UK retail warehouse portfolio
European investor and asset manager M7 Real Estate has assembled a £300 mln (€340 mln) portfolio of 19 retail warehouses following the full deployment of capital raised across its M7 Box+ I and M7 Box+ II funds. Both funds, which were launched in H2 2020, focus on carefully selected UK ...
