All PropertyEU Archive articles – Page 577
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PropertyEU ArchivePGIM Real Estate focuses on Milan with senior hire
Global property manager PGIM Real Estate has hired Musie Bocrezian as executive director and head of transactions for Italy, based at its newly-opened office in Milan.
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PropertyEU ArchiveCovivio tenders 86% of €1.2b German office landlord
French listed property firm Covivio said on Friday that it has tendered around 86% of the shares in Godewind, a German listed office property landlord with a portfolio valued at €1.2 bn.
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PropertyEU ArchiveKennedy Wilson and Fairfax launch €1.8b real estate debt platform
Global real estate investment company Kennedy Wilson has formed a $2 bn (€1.85 bn) platform with Fairfax Financial Holdings to pursue first mortgage loans secured by high-quality real estate in the Western US, Ireland and the UK.
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PropertyEU ArchiveCovivio sells Nanterre office property for €83m
French listed property giant Covivio has sold the Respiro office complex in Nanterre, France to two SCPI funds managed by Atland-Voisin and My Share Company for €83 mln.
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PropertyEU ArchiveStrawberry Star announces new hire to enter BTR sector
London-based property company Strawberry Star has announced plans to enter the Build to Rent (BTR) sector and build up over 4,000 new homes by 2025.
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PropertyEU ArchiveRussian billionaire suspends sale of Dublin’s Morrison hotel
Russian billionaire Yelena Baturina has frozen the sale of the Morrison hotel in Dublin two months after launching the asset to market through agent CBRE.
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PropertyEU ArchiveShurgard strengthens its presence in Germany with Munich buy
Self-storage property specialist Shurgard has announced the acquisition of four ZeitLager facilities in Germany for just over €33 mln.
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PropertyEU ArchiveTristan forward-funds Copenhagen resi scheme
Curzon Capital Partners 5 Long-Life, a core-plus fund managed by Tristan Capital Partners, has secured the forward purchase of a 208-unit residential scheme in Copenhagen, Denmark, for an undisclosed amount.
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PropertyEU ArchiveTravelodge threatens landlords with CVA - report
Goldman-backed budget hotel operator Travelodge has reportedly claimed that it will be forced to pursue a company voluntary arrangement (CVA) unless its landlords agree to slash its rent bill.
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PropertyEU ArchiveWeekly data sheet: Sale-and-leasebacks on the rise
The new assets-on-the-market pipeline is being buoyed by corporates and retailers looking to raise much-needed cash through property sales and sale-and-leasebacks, with three more this week.
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PropertyEU ArchiveMontague launches new €113m fund targeting luxury developments
International real estate advisory firm Montague Property has announced the launch of a £100 mln (€113 mln) real estate fund targeting luxury real estate developments worldwide.
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PropertyEU ArchivePatrizia confirms dividend payment, broadens 2020 guidance range
Despite the coronavirus crisis, German property firm Patrizia posted a 3% increase in operating income to €24.7 mln in the first quarter of 2020.
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PropertyEU ArchiveImmofinanz expects investment portfolio to shed €45m in value on coronavirus
CEE-focused property landlord Immofinanz warned on Thursday that the value of its investment portfolio is set to decline by €45 mln in the first quarter of the year as a result of the Covid-19 pandemic.
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PropertyEU ArchiveAberdeen Standard acquires €56m BTR scheme in London
Aberdeen Standard Investments has acquired the former Abbey Sport Centre site in Barking town centre, near London, forward-funding Lindhill’s redevelopment of the site into a build-to-rent scheme comprising 170 residential apartments.
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PropertyEU ArchiveCorestate launches new debt advisory service
German property firm Corestate has announced plans to start offering investors consulting services for commercial real estate financing with a value above €5 mln.
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PropertyEU ArchiveMontano AM wins three-digit investment mandate from pension fund
Montano Asset Management said on Thursday that it has received its first investment mandate from a German institutional investor, an unnamed occupational pension scheme.
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PropertyEU ArchiveHenley Bartra JV on the lookout for opportunities following Dublin office sale
Henley Bartra, the joint venture between global private equity real estate investor Henley and Irish development group Bartra Capital, is looking to take advantage of the current market displacement in the Irish capital with targeted investments of over €200 mln, Henley’s chief investment officer Justin Meissel told PropertyEU.
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PropertyEU ArchiveEuropean office market begins to slows, says Savills
The European office market is starting to slow despite a positive start to 2020, according to Savills Spring 2020 European Office Outlook.
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PropertyEU ArchiveSkjerven Group buys mixed Berlin portfolio for Heimstaden
Skjerven Group has announced the acquisition of a 20,000-m2 portfolio in the German capital on behalf of Swedish housing group Heimstaden for €54 mln.
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PropertyEU ArchiveSavills names new head of property management in Sweden
International real estate adviser Savills has appointed Malin Silversvala as head of property management for Sweden.
