All PropertyEU Archive articles – Page 513
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PropertyEU ArchiveWeekly data sheet: Over €2b of sales logged in one week as deals close before year-end
New assets on the market slow down, but the pace of sales going through is picking up.
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PropertyEU ArchiveLandsec sells 1 & 2 New Ludgate for €610m to Sun Venture
UK REIT Landsec has exchanged contracts to sell 1 & 2 New Ludgate to Singapore’s multi-asset investment firm Sun Venture for a cash consideration of £552 mln (€610 mln).
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PropertyEU ArchiveEcho buys Polish plots to develop new projects totalling 240,000 m2
Polish developer-investor Echo Investment has announced the acquisition of three plots of land in Kraków, Lódz and Poznan from the Tesco Group for a price of €42 mln.
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PropertyEU ArchiveVonovia acquires 1,000 apartments in Kiel from H&L
Listed German property firm Vonovia announced this week that it is acquiring around 1,000 apartments in Kiel, Germany, from the Danish company H&L Ejendomme. Financial details were being kept confidential.
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PropertyEU ArchiveStena buys Skanska's office in Poland in CEE market entry
Swedish construction and property group Skanska has sold the second building from the Spark office complex located in Warsaw, Poland, to private real estate firm Stena Fastigheter for €70 mln (SEK 720 mln).
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PropertyEU ArchiveBerlin Hyp finances resi portfolio for Real IS
German lender Berlin Hyp announced on Thursday that it is providing a three-digit million euro amount to a special fund managed by Real IS over a term of 10 years.
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PropertyEU ArchiveSwiss Life Asset Managers launches new logistics unit
Swiss Life Asset Managers has announced the launch of a new logistics property development arm called Beos Logistics, having committed an initial €100 mln to establish a land bank and fund new projects.
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PropertyEU ArchiveAEG Presents, citizenM and Hyatt confirmed as first tenants at transformed Olympia London
Yoo Capital and Deutsche Finance International (DFI), the investors in and developers of the £1.3 bn (€1.4 bn) regeneration of Olympia London into a major cultural destination – have announced three agreements with major names in entertainment and hospitality, marking the first occupiers to commit to the landmark scheme, four ...
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PropertyEU ArchivePatrizia acquires prime office development site in Munich
German property group Patrizia has acquired a prime development site in Munich, Germany, where it will construct a brand new, state-of-the-art 15,700 m2 office building.
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PropertyEU ArchiveAareal Bank finances Scape student accommodation in London
German lender Aareal Bank has provided a three-year financing of approximately £54 mln (€60 mln) for Scape London Canalside, a dedicated 400+ bed student accommodation facility in London.
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PropertyEU ArchiveSocial and Sustainable Housing fund closes latest round of fundraising at almost £60m
Social and Sustainable Housing (SASH), a fund managed by Social and Sustainable Capital (SASC), has completed its latest round of fundraising with the fund now standing at £58 mln (€64 mln).
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PropertyEU ArchiveInvestment volumes to return to normal by 2022, says CBRE
Despite the severe impact on economic activity triggered by the Covid-19 pandemic, the European commercial real estate market is well-positioned for a recovery, with investment volumes expected to return to pre-pandemic norms by 2022, according to the EMEA Real Estate Market Outlook 2021, published on Thursday by global real estate ...
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PropertyEU ArchiveFrance’s Eurazeo, Arax snap up London office complex for €190m
French private investor Eurazeo Patrimoine and Arax Properties have reached an agreement with Derwent London to acquire the Johnson Estate office complex in the UK capital, consisting of four adjacent buildings for a headline price of £170 mln (€190 mln).
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PropertyEU ArchiveTritax EuroBox targets €1 bn of acquisitions and firms up €200m in Germany
Tritax EuroBox has lined up €204 mln of assets in Germany as the start of a push to add up to another €1 bn of logistics to its portfolio.
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PropertyEU ArchiveABN Amro to sell €1b Amsterdam head office, redevelop second hub
Dutch lender ABN Amro announced plans this week to sell its office headquarters in Amsterdam's Zuidas business district and redevelop its second main office in the Dutch capital into a ‘beyond Paris-proof’ landmark base for some 10,800 employees.
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PropertyEU ArchiveClearbell, LaSalle launch new value-add fund
Clearbell Capital has announced the launch of a strategic partnership with LaSalle Global Partner Solutions (GPS), the indirect real estate investing platform of LaSalle Investment Management.
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PropertyEU ArchiveCorestate names new CEO following shareholder and supervisory board changes
A day after Corestate Capital announced the entry of a new anchor shareholder and the complete replacement of its supervisory board, the pan-European asset manager has revealed the appointment of a new CEO.
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PropertyEU ArchivePrimonial REIM enters Belgian senior housing market
French asset manager Primonial REIM has announced that it has carried out its first healthcare real estate acquisition in Belgium by forward-funding a senior services residence on behalf of its SCPI Primovie real estate fund. Financial details were not disclosed.
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PropertyEU ArchiveCommerz Real sells Frankfurt office campus to Arminius for over €500 mln - updated
German property investor Commerz Real has sold the Grand Campus office complex in Frankfurt to investment manager Arminius Group, which was acting on behalf of a German pension fund.
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PropertyEU ArchiveBNP Paribas REIM seals €50m of logistics buys in Italy
BNP Paribas REIM’s Italian asset management arm has announced the acquisition of two major logistics assets in northern Italy for around €50 mln.
