All PropertyEU Archive articles – Page 584
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PropertyEU ArchiveMAGAZINE Uncovering Värde: Interview with European real estate head
In an exclusive interview with PropertyEU, Värde’s European real estate head Francisco Milone offers a rare insight into the company’s business and investment plans.
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PropertyEU ArchiveExpectations of normality within a year
Readers of PropertyEU have delivered their latest assessment of the market.
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PropertyEU ArchiveYoo Capital raises €230m at 1st closing of Fund II
UK privately held firm Yoo Capital Investment Management has completed the first closing of its second fund, Yoo Capital Fund II, raising £200 mln (€230 mln) in capital from institutional investors from across six continents.
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PropertyEU ArchiveSupermarket REIT’s share issue increased to up to €160m
Supermarket Income REIT said on Friday that it has decided to almost double the size of its share issue after receiving ‘a strong level of support’ from investors during the marketing roadshow.
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PropertyEU ArchiveWeekly data sheet: Fundraising continues despite Covid-19 challenges
Successful fundraising for European strategies is continuing despite the challenges of coronavirus, with four managers raising capital this week.
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PropertyEU ArchiveHibernia REIT wins green light for 31,900-m2 Dublin scheme
Hibernia REIT has received a grant of planning for an expanded development scheme at its Harcourt Square project in Dublin.
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PropertyEU ArchiveGecina moves €3b resi assets to new unit, cancels Q2 rents for smaller tenants
French listed property giant Gecina announced on Friday that it has completed the creation of a dedicated residential subsidiary as part of plans to seek investment partners for a €3 bn portfolio focused on greater Paris.
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PropertyEU ArchiveEmpiric Student refinances €38m loan
UK student digs specialist Empiric Student Property said on Friday that it has refinanced £32.8 mln (€38 mln) of the group’s existing debt due to expire in October 2020. The facility has been extended by four years to 31 October 2024 with the existing lender AlB Group.
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PropertyEU ArchiveMarket sentiment improves slightly in April, says Savills
Around 19% of countries across the world are reporting a severe negative impact on their real estate markets due to the pandemic – an improvement compared to 29% at end March, according to Savills’ latest global sentiment survey.
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PropertyEU ArchiveToronto firm raises €250 million for first Europe-only fund
Toronto-based Slate Asset Management is targeting German retail for its first Europe-only real estate fund.
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PropertyEU ArchiveRent collection for March quarter falls by 29% in UK
Only 49.7% of rent due in the UK had been collected 10 days after the March quarter date, according to the new Covid-19 Rent Collection Impact Report published by Re-Leased, the cloud-based commercial property management platform.
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PropertyEU ArchiveHammerson to terminate sale if Orion fails to close retail park deal by May 6
UK REIT Hammerson said it is giving buyer Orion another two weeks to complete on a £400 mln retail park deal agreed in February before terminating the deal and cashing in a £21 mln (€24 mln) deposit.
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PropertyEU ArchiveKKR buys M7’s stake in Mirastar to grow European logistics platform
US private equity firm KKR has bought a ‘strategic’ majority stake in European logistics developer-investor Mirastar from M7 Real Estate for an undisclosed amount.
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PropertyEU ArchiveDedica Anthology deal closing postponed to September on coronavirus
Completion of Covivio Hotels’ €573 mln acquisition of the Dedica Anthology portfolio has been postponed to September amid the current health crisis, the French firm said in a statement.
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PropertyEU ArchiveImmofinanz appoints Austrian entrepreneur and minority owner as CEO
CEE-focused property landlord Immofinanz has announced the appointment of Austrian entrepreneur Ronny Pecik as new Chief Executive Officer, replacing Oliver Schumy who left last month for personal reasons.
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PropertyEU ArchiveAvison Young hires from Brookfield to boost European capital markets team
Global real estate advisory firm Avison Young has appointed Martin Brümmer and Christian Schreiber as principals in its European Capital Markets group.
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PropertyEU ArchiveVonovia said to be considering new takeover bid for Deutsche Wohnen
Germany’s largest housing company Vonovia is said to be considering rekindling takeover talks for German rival Deutsche Wohnen in a deal that could create a new property giant valued at about €37 bn.
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PropertyEU ArchiveFore Partnership completes buyout of minority partner
Real estate investment firm Fore Partnership has completed the buy-out of Edmond de Rothschild Real Estate Investment Management’s 32% minority interest in the business.
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PropertyEU ArchiveOctopus hires care homes specialist from Savills
Octopus Real Estate has strengthened its care home fund management team with the arrival of Chris Wishart as director of origination.
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PropertyEU ArchiveSpain’s Temprano forgoes rents for occupiers forced to close on coronavirus
Spanish firm Temprano Capital Partners has decided to cancel rent payments for the month of April for all tenants in its shopping centres which have been forced to close their doors due to the coronavirus pandemic.
