All PropertyEU Archive articles – Page 559
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PropertyEU ArchiveSingapore’s Sun Venture enters UK with major London mixed-use buy
Singapore-based real estate investor Sun Venture has exchanged contracts to purchase One New Oxford Street, London from Nuveen Real Estate, on behalf of Central London Office Fund (CLOF) and British Airways Pension Trustees Limited.
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PropertyEU ArchivePatrizia’s TEP VII oversubscribed with €1.8b total firepower
European fund manager Patrizia has announced the final close of its flagship discretionary value-add fund, TransEuropean VII LP (TEP VII), which has reached its equity hard cap of €750 mln, as tipped by PropertyEU last week.
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PropertyEU ArchiveWarehouse REIT raises €170m in oversized share offer
Warehouse REIT said on Monday that it will issue 139 million new shares at a price of 110 pence each as part of a capital increase first announced in March.
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PropertyEU ArchiveUK REIT secures €332m, 45-year loan from USS to finance growth
Residential Secure Income said on Monday that it has entered into a new £300 mln (€332 mln), long-term secured debt facility with the UK pension scheme, Universities Superannuation Scheme (USS).
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PropertyEU ArchiveSocial impact firm acquires London project as part of €550m growth strategy
Funding Affordable Homes (FAH), a social impact company which invests in UK affordable housing, has acquired the Island Point development south of Canary Wharf in London’s Docklands from City Pride for £28.5 mln (€32 mln).
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PropertyEU ArchiveSupermarket Income inks €82m sale-and-leaseback with Waitrose in the UK
UK REIT Supermarket Income has confirmed the purchase of a portfolio of supermarkets via a sale-and-leaseback transaction with Waitrose for £74 mln (€82 mln), reflecting a net initial yield of 4.4%.
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PropertyEU ArchiveBallymore exchanges on €83m London mall
International property developer Ballymore has exchanged contracts to acquire the Broadwalk shopping centre in Edgware, north London, from Aberdeen Standard Investments.
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PropertyEU ArchiveAG Real Estate takes over major office campus in Belgium
AG Real Estate has closed the acquisition of the Post X urban campus in Berchem, Belgium, from IRET Development in a share deal whose value was not disclosed.
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PropertyEU ArchiveNuveen completes purchase of landmark new office project in Berlin
Nuveen Real Estate said on Monday that it has finalised its acquisition of cube berlin, a 17,500 m2 office asset in the heart of the German capital, following the completion of the development in February 2020.
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PropertyEU ArchivePREI hires John Kropke to lead REOC business in US and Europe
Principal Real Estate Investors has announced the hiring of John Kropke as managing director of its US and Europe real estate operating company (REOC) line of business.
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PropertyEU ArchiveCBRE Global Investors carries out major reorganisation
CBRE Global Investors, one of the world’s largest real estate investment managers, has adopted a new global operating model, with significant personnel changes in Europe.
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PropertyEU ArchiveDTZ Investors secures UK pension fund for co-living strategy
Coliv, an independent fund managed by DTZ Investors and focused on the London co-living sector, has secured new equity commitments from Liverpool-based local authority pension fund Merseyside, reaching a dry powder of £170 mln (€188 mln).
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PropertyEU ArchiveOrion closes €100m office development deal in Milan
Private equity firm Orion Capital Managers has completed the acquisition of a major development site near Milan’s Bisceglie metro station.
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PropertyEU ArchivePrimonial teams up with Grupo Lar to invest €350m in Spanish BTR sector
French asset management giant Primonial is reportedly joining forces with Spanish construction and property group Lar to invest up to €350 mln in the Spanish build-to-rent sector.
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PropertyEU ArchiveCofinimmo acquires Dutch healthcare complex for €46m
Cofinimmo group has announced the purchase of the Residentie Moermont healthcare complex in Bergen op Zoom, the Netherlands, for €46 mln.
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PropertyEU ArchiveBanks close €470m Covid logistics refinancing
A syndicate of three banks closed a €467 mln loan during the Covid-19 period for AXA Investment Managers - Real Assets’s new pan-European logistics fund.
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PropertyEU ArchivePrologis confirms launch of €482m UK ‘Platform’ portfolio
Prologis has confirmed it has put 22 UK logistics properties up for sale for a guide price of £435 mln (€482 mln).
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PropertyEU ArchiveAXA IMRA completes €72m acquisition of Dutch logistics portfolio
AXA Investment Managers - Real Assets (AXA IMRA) has completed, on behalf of clients, the acquisition of a 65,300 m2 core logistics portfolio in the Netherlands for €72 mln from Next Level Real Estate, a family-owned Dutch developer.
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PropertyEU ArchiveDaelmans acquires €91m resi portfolio from Achmea Dutch fund
Daelmans Real Estate has acquired a large residential portfolio from the Achmea Dutch Residential Fund of Syntrus Achmea Real Estate & Finance for €91 mln.
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PropertyEU ArchivePrologis snaps up major logistics portfolio in Belgium
US logistics property giant Prologis has agreed to buy a 157,500 m2 logistics portfolio in Belgium from AG Real Estate, the property arm of insurer AG, for an undisclosed amount.
