All PropertyEU Archive articles – Page 571
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PropertyEU ArchiveCibus Nordic snaps up Finnish supermarket portfolio, raises €58m in oversubscribed bond issue
Cibus Nordic Real Estate has agreed the acquisition of a portfolio of 18 properties leased to food retail chains S Group, Kesko and Tokmanni. Financial details were not disclosed.
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PropertyEU ArchiveApollo-Rida acquires Kraków business park
Polish investor Apollo-Rida has completed the acquisition of the A, B, and C buildings of the Equal Business Park complex in Kraków, Poland, from developer Cavatina Holding for an undisclosed amount.
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PropertyEU ArchivePatrizia hires new Belux head of asset management with dual role
European real estate investor Patrizia has appointed Suzy Denys as its new head of asset management for Belux (Belgium and Luxembourg) with additional responsibility of leading the Belgium country office and team.
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PropertyEU ArchiveLong-income generating assets to continue to see strong demand, says Savills
With the population of retirees forecast to grow from 1.5 billion to 2.1 billion globally in 2050, demand for long-term secure income streams and particularly real estate is expected to continue to grow in the long term, according to a new research published by Savills.
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PropertyEU ArchiveOtt Partners becomes largest owner of Foncière Paris Nord
Nicosia-based property investment firm Ott Partners has become the largest shareholder in Foncière Paris Nord after swapping bonds into shares.
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PropertyEU ArchiveNuveen invests €135m in 3 French logistics assets
Nuveen Real Estate has acquired three premium industrial assets in France, on behalf of its European logistics platform. The three acquisitions, located in Marseille, Valence and near Paris, total an overall investment of more than €135 mln.
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PropertyEU ArchiveAvanton, Urban & Provincial get green light for €146m London resi scheme
Avanton and Urban & Provincial have received planning consent for the €146 mln (£130 mln) redevelopment of a former London warehouse into 262 new homes.
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PropertyEU ArchiveGlobal asset managers achieve record €3tn of real estate AUM
Global real estate assets under management (AUM) increased by 15.7% over 2019 hitting a record €3.2 trn at the end of last year, according to the Fund Manager Survey 2020, published today by ANREV, INREV and NCREIF.
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PropertyEU ArchiveCapco buys €490m stake in London rival Shaftesbury
Capital & Counties Properties has agreed to buy a 26.3% stake in London rival Shaftesbury from Hong Kong billionaire property magnate Samuel Tak Lee for £436 mln (€490 mln).
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PropertyEU ArchiveString of big agents pull out of Expo Real
Agents CBRE, C&W, JLL and Avison Young have all pulled out of this year’s Expo Real, citing concerns over the risk of coronavirus.
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PropertyEU ArchiveGet Living appoints Land Sec exec as real estate boss
UK built-to-rent operator Get Living has announced the appointment of Ailish Christian-West as director of real estate.
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PropertyEU ArchiveCorporates look to real estate assets to unlock capital, says JLL
Demand by corporates to release capital from their real estate assets is increasing according to the new Raising Capital from Corporate Real Estate report published by JLL.
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PropertyEU ArchiveCEE developer HB Reavis buys and sells in London
European property developer HB Reavis has announced the sale of its £120 mln (€135 mln) 20 Farringdon Street office scheme to a private investor and reaffirmed its commitment to the London market with the acquisition of a new commercial redevelopment project in Shoreditch.
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PropertyEU ArchiveTravelodge set to launch CVA to end landlord dispute
Goldman Sachs-backed budget hotel operator Travelodge is expected today to file documents for a company voluntary arrangement (CVA) in an effort to cut rents and end a dispute with its landlords over its unpaid bills.
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PropertyEU ArchivePalmira hires new head of research
Palmira Capital Partners (Palmira) has announced the appointment of Peter Salostowitz as head of research.
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PropertyEU ArchiveEres inks €63m loan with Berlin Hyp for Amsterdam asset
Toronto-headquartered European Residential REIT (Eres) has secured a loan of around €63 mln for a mixed-use property in Amsterdam from German lender Berlin Hyp.
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PropertyEU ArchiveUnibail bets on relaunching 87% of shopping centres by mid-June
Global developer and shopping centre operator Unibail-Rodamco-Westfield (URW) has reopened 65 of its 90 shopping centres globally after the gradual easing of lockdown restrictions imposed across European and US cities.
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PropertyEU ArchivePatrizia sells German DIY portfolio for €96m
Captiva, a German real estate investment company, has acquired a portfolio of seven retail properties in Germany from pan-European property specialist Patrizia for €96 mln.
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PropertyEU ArchiveUnion Investment acquires London office from Goldman Sachs
German investment and asset manager Union Investment has acquired an office property in London from Goldman Sachs Merchant Banking Division and British developer Greycoat.
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PropertyEU ArchiveBesix Red appoints new country manager Belgium
Pan-European real estate developer Besix Red has appointed Raphaël Legendre as country director for Belgium.
