All PropertyEU Archive articles – Page 586
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PropertyEU ArchivePrelios sells German asset management arm to UK's Girlan
Italian fund and asset management group Prelios has sold its German asset management arm, Prelios Immobilien Management, to London-based Girlan.
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PropertyEU ArchiveValor REP buys sheds in Berlin and Frankfurt
Pan-European logistics specialist Valor Real Estate Partners has acquired a 8,900 m2 logistics facility in Berlin-Spandau let to HSG Hermes Service Gesellschaft.
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PropertyEU ArchiveGlobal Gate and DeA Capital close French office deal
International asset managers Global Gate Capital and DeA Capital have acquired an office building in Paris from a French institutional investor, finalising the deal process during lockdown.
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PropertyEU ArchiveKanAm Grund hires new financing and treasury head
German asset manager KanAm Grund Group has appointed Thomas Völker as the new head of financing and treasury, as of 1 May.
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PropertyEU ArchiveCBRE GI secures Danish shed despite Covid-19 'escalation'
CBRE Global Investors has acquired a logistics property at Copenhagen Airport from private equity giant Cerberus, despite the 'escalation of the Covid-19 crisis in the crucial and final phase of the transaction', according to parties involved.
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PropertyEU ArchiveGreek resort sells for €205m as hotels prepare for May opening
Russian billionaire Ivan Savvidis has bought the Porto Carras Grand Resort in Halkidiki, northern Greece for €205 mln from Technical Olympic Group.
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PropertyEU ArchivePolish shed developer 7R wins pharmaceutical deal
Polish warehouse developer 7R has inked a deal to build a specialised facility at Warsaw Airport for Cefea, a company dedicated to the manufacturing, distribution and import of pharmaceutical products.
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PropertyEU ArchiveIntreal creates new treasury department, appoints Janz as head
Hamburg-based alternative investment fund manager (AIFM) Intreal has created a new treasury department and hired Uwe Janz as head of Treasury.
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PropertyEU ArchiveProperty organisations ask UK government for radical support for landlords
Landlord and retailer bodies have requested that the UK government set up a ‘furloughed space’ scheme to pay rent and service charges owed by tenants.
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PropertyEU ArchiveHenderson Park clinches Berlin office deal during crisis
Henderson Park, the pan-European private equity real estate platform, has completed the acquisition of four Grade A office properties in Berlin from Caleus Capital Partners at the height of the Covid-19 crisis.
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PropertyEU ArchiveCapMan sells Swedish school to Stenvalvet
Swedish property company Stenvalvet has acquired a school property in Stockholm from Nordic private asset firm, CapMan.
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PropertyEU ArchiveMetrika completes record Russian office deal
Russian investment firm Metrika Investments has purchased the office part of Renaissance Development's flagship IFC Neva Towers scheme, in what is considered the largest Russian commercial real estate deal of 2019.
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PropertyEU ArchiveRecord investment volumes in Europe for Q1, ‘significant’ impact from Covid-19 expected for Q2
Total real estate investment in Europe reached €85.5 bn in Q1 2020, representing a 52% increase on the same period last year, according to the latest data from global real estate advisor, CBRE. This was a record Q1 performance for European CRE, surpassing the previous high seen in Q1 2015.
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PropertyEU ArchiveFrance’s Icade cancels Q2 rents for small tenants on coronavirus
French REIT Icade announced plans on Friday to cancel second-quarter lease payments for tenants with fewer than 10 employees, amid Covid-19 restrictions.
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PropertyEU ArchiveGecina completes €37m Paris office sale
French listed property group Gecina has finalised the sale of a multi-let office building at 54/56 avenue du Général Leclerc in Boulogne-Billancourt, near Paris, for €36.6 mln excluding duties.
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PropertyEU ArchiveLa Française fund enters UK with €56m London office buy
La Francaise Real Estate Partners International (LF REPI) has exchanged contracts to acquire 90 Bartholomew Close in London’s Barts Square from UK property group Helical and US hedge fund Baupost.
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PropertyEU ArchiveSentiment among CRE lenders plummets to all-time low during coronavirus crisis
Sentiment among German real estate lenders has taken an unprecedented nosedive as it dropped to an all-time low of -15,24 points so far in the second quarter, according to BF.direkt’s newly-released Quarterly Barometer.
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PropertyEU ArchiveWeekly data sheet: Assets come to market amid lockdowns
There are a number of new assets on the market in this week's data summary of activity in Europe's commercial real estate sector.
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PropertyEU ArchiveSingapore's Elite announces first close of European logistics fund
Singapore-based alternative asset management firm Elite Partners Capital has announced the first close of its pure-play Elite Logistics Fund, which has a target size of €150 mln.
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PropertyEU ArchiveKungsleden appoints new finance chief
Swedish property group Kungsleden has announced the appointment of Ylva Sarby Westman as new chief financial officer from 1 May.
