All PropertyEU Archive articles – Page 591
-
PropertyEU ArchivePropertyEU Market Barometer: Transactions to be hit 40% YoY in Q2 2020
PropertyEU readers are forecasting market disruption in Q2 2020 of 40%, compared to Q2 2019.
-
PropertyEU Archive
Capital locked up in frozen UK open-ended funds reaches £20b
BlackRock and Schroders are the latest investment managers to close UK open-ended funds due to valuers caveating 31 March monthly and quarterly reports.
-
PropertyEU ArchiveSoftbank pulls out of $3b WeWork shares purchase
Japan’s SoftBank Group has walked away from a $3 bn tender offer for WeWork shares citing closing conditions not being met by the April 1 deadline.
-
PropertyEU ArchiveBF.capital secures €300m debt investment mandate
Real estate debt investor BF.capital said on Thursday that it has received a €300 mln investment mandate from an unnamed German insurance company to invest in whole loans with an LTV of up to 80%.
-
PropertyEU ArchiveNepi Rockcastle, AFI Europe €300m office deal hits the rocks
A €300 mln agreement for an office portfolio said to be the largest ever in Romania is in danger of collapse, with coronavirus being a significant factor in the breakdown.
-
PropertyEU ArchiveOrion tries to renegotiate €452m Hammerson retail park deal
Hammerson’s deal to raise capital through the sale of seven UK retail parks to Orion Capital Managers could be derailed.
-
PropertyEU ArchivePatrizia buys BTR development in Amsterdam for €51m
German property group Patrizia has announced the purchase on behalf of its clients of a 114-unit turn-key residential development in Amsterdam, the Netherlands, from Biesterbos Groep, a Dutch real estate investor.
-
PropertyEU ArchiveSavills adds to Dutch valuation team
Broker Savills has recruited Bas Kamperman as an associate director within its valuation team at its Amsterdam office, to focus on valuations for Dutch funds and cross-border valuations.
-
PropertyEU ArchiveKanAm Grund snaps up Danske Bank HQ in Copenhagen from ASI
German property group KanAm Grund has purchased the King Square portfolio in the heart of the Danish capital of Copenhagen on behalf of the German pension fund for doctors, Ärzteversorgung Westfalen-Lippe.
-
PropertyEU ArchiveSavills suspends dividend payment to preserve cash
Broker Savills said on Wednesday that it is suspending the payment of interim dividends in view of ‘the current uncertainty over the impact of COVID-19 on global real estate market activity in the coming months’.
-
PropertyEU ArchiveCBRE Global Investors inks green industrial loan
CBRE Global Investors has closed a sustainability-linked revolving credit facility (RCF) with Dutch bank ABN Amro, where the levels of interest payment are yoked to one of its fund's ESG performance.
-
PropertyEU ArchiveDeutsche Investment Retail reinforces team with new hires
DIR Deutsche Investment Retail has recruited retail experts Jens-Oliver Hühnel and Henning Jürgens as transaction manager and analyst respectively.
-
PropertyEU ArchiveItaly’s Merope secures development loan, launches €110m fund
Italian asset manager Merope has secured a €60 mln loan from Banco BPM for the acquisition and development of two trophy assets in Milan.
-
PropertyEU ArchiveGecina lowers dividend, suspends 2020 guidance
French listed property giant Gecina said this week that it plans to lower its 2019 dividend while suspending its 2020 guidance, as it continues to assess the impact of coronavirus on the business.
-
PropertyEU ArchivePatrizia inks €375m Dutch resi portfolio sale during lockdown
German property group Patrizia said on Wednesday that it has agreed the sale of a large, mainly residential portfolio in the Netherlands to Swedish landlord Heimstaden for a total of €375 mln.
-
PropertyEU ArchiveBondstone hires CFO to support €400m Portugal investment strategy
Bondstone, a Portuguese private equity real estate firm launched last month to invest €400 mln in Portugal by the end of 2021, has announced the hire of António Dias as its chief financial officer.
-
PropertyEU ArchiveSavills IM acquires Lodz logistics asset for €71m from IRE
Savills Investment Management has completed the acquisition of a 123,000 m2 logistics unit leased to Leroy Merlin in Piatek, near Lodz in Poland, from Invesco Real Estate.
-
PropertyEU ArchiveHines seals Stuttgart office sale to Arminius during lockdown
US developer-investor Hines has completed the sale of Stuttgarter Tor, an office asset in Stuttgart, Germany, on behalf of the Hines European Value Fund (HEVF).
-
PropertyEU ArchiveCBRE GI buys German logistics park from DLH
CBRE Global Investors has acquired a logistics site of circa 177,400 m2 in Trebur, Germany from Deutsche Logistik Holding.
-
PropertyEU ArchiveSwitch to ‘underperform’ for Dutch retail CMBS
A securitised loan secured on six secondary retail properties in the Netherlands is expected to underperform according to Kroll Bond Rating Agency (KBRA) which rated the deal last year.
