All PropertyEU Archive articles – Page 524
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PropertyEU ArchiveBlackstone hires global head of real estate ESG
US asset management giant Blackstone announced on Friday that Eric Duchon has joined the firm in the newly created position of global head of Real Estate ESG. Duchon will work closely with Real Estate Asset Management teams across the globe to build on existing environmental, social and governance efforts and ...
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PropertyEU ArchiveWeekly data sheet: Investors buying logistics, wholesale retail and healthcare; selling offices
A billion euros of investment this week in three deals demonstrates investor appetite for property serving retail logistics and food retail, preferably with long leases.
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PropertyEU ArchiveCofinimmo takes on €250m of healthcare projects in Germany
Belgian property group Cofinimmo has signed an agreement to acquire the companies that will develop eight eco-friendly healthcare campuses in the Land of North Rhine-Westphalia, Germany in a deal valued at €250 mln.
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PropertyEU ArchiveTishman Speyer, PSP Investments acquire Canal+ head office in Paris value-add buy
US group Tishman Speyer has joined forces with Canada’s PSP Investments to acquire the Espace Lumière building in Boulogne Billancourt from a fund managed by Invesco Real Estate for an undisclosed amount.
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PropertyEU ArchiveJLL appoints IT specialist as new Italian head
Broker JLL has appointed Microsoft’s Italian COO Barbara Cominelli as new head of Italy, to reinforce the group’s positioning as a leader in the real estate sector for its technological approach and data-driven focus.
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PropertyEU ArchiveAudley appoints new CFO
Audley Group, the UK’s provider of luxury retirement villages, has appointed Gary Burton to its group board as Chief Financial Officer (CFO).
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PropertyEU ArchiveMalgorzata de la Torre joins Arrow Capital Partners in Spain
Arrow Capital Partners, the investor and operator of real estate in Europe and Asia-Pacific, has appointed Malgorzata de la Torre as head of Acquisitions, Spain.
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PropertyEU ArchivePricing shifts in Europe’s hotel market create attractive investment opportunities, says Savills
European hotel occupancy rates grew to 38.6% on average in Q3 2020, representing a marked improvement on historic lows of 15.3% recorded at the height of the pandemic, according to new research from Savills.
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PropertyEU ArchiveRDI’s founder Mike Watters to retire and step down as CEO
RDI REIT announced on Thursday that Mike Watters will be retiring from RDI and stepping down as an executive director and CEO during December 2020. Stephen Oakenfull who will succeed Mike Watters as Chief Executive, joins the Board today.
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PropertyEU ArchiveM7 launches Portuguese industrial and office JV
M7 Real Estate has announced the launch together with an undisclosed private equity partner of a new joint venture focusing on office and industrial deals in Portugal.
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PropertyEU ArchiveWP Carey snaps up €87m Eroski supermarket portfolio
US-based sale-and-leaseback specialist WP Carey has announced the €87 mln acquisition of a 27-property supermarket portfolio located in Northern Spain and the Balearic Islands from Eroski Sociedad Cooperativa, one of the largest food retailers in Spain.
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PropertyEU ArchiveReal I.S. buys resi portfolio in its biggest ever acquisition
German investor Real I.S. has acquired the Prime Four residential portfolio for a new open-ended real estate special fund launched with equity of €300 mln.
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PropertyEU ArchiveUS Calpers and SBA to vote against URW’s rights issue
US pension funds Calpers and the State Board of Administration of Florida (SBA) both changed their views on Tuesday and decided to vote against Unibail-Rodamco-Westfield’s €3.5 bn rights issue and in favour of the election of Léon Bressler, Susana Gallardo and Xavier Niel to the URW Supervisory Board.
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PropertyEU ArchiveAmid ‘hugely challenging time’, real estate maintains long-term appeal, says PwC/ULI
Europe’s property sector is in the midst of a cyclical downturn which is coinciding with long-term structural changes to real estate, according to the latest edition of the Emerging Trends in Real Estate Europe report issued by PwC and ULI. However, real estate generally is seen as one of the ...
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PropertyEU ArchiveTokoro appoints former Ares and Pradera exec as head of finance
Tokoro Capital, a real estate investment manager set up by Sanjay Sethi and Max Bassadone, has announced the appointment of John Hopkins as head of Finance, effective immediately.
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PropertyEU ArchiveColliers appoints new head for France and Belgium
Global commercial real estate services and investment management firm, Colliers International has announced the appointment of Antoine Derville as Chief Executive Officer (CEO) for France and Belgium.
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PropertyEU ArchiveBlackbrook buys Sainsbury’s logistics facility in Scotland
Blackbrook Capital, the new pan-European fund focusing on ‘mission-critical’ real estate assets launched by Arvi Luoma, has announced the acquisition of a cross-dock logistics facility in the Glasgow City region in Scotland. The transaction price was not disclosed.
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PropertyEU ArchiveGerald Eve launches new capital partners business
Gerald Eve has recruited Daniel Okin and Charlie Ingham to build the firm’s new Capital Partners offering. Gerald Eve Capital Partners will acquire and manage UK commercial real estate on behalf of, and in partnership with, third party investors.
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PropertyEU ArchiveJLL Germany’s former CEO Timo Tschammler sets up own firm
JLL’s former CEO for Germany Timo Tschammler has founded a new advisory and board services firm, TwainTowers , which will offer strategic counsel in a consulting capacity as well as through the acceptance of board mandates.
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PropertyEU ArchiveKGAL commits to being a climate-neutral asset manager by 2021
German investment manager KGAL has committed to becoming a climate-neutral company by the beginning of 2021 by offsetting all greenhouse gas emissions connected to its operations.
