All PropertyEU Archive articles – Page 605
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PropertyEU ArchiveHammerson sells UK retail park portfolio to Orion at 23% discount
UK retail landlord Hammerson said on Friday that it has agreed to sell its remaining retail park portfolio to Orion's European Real Estate Fund V for £400 mln (€478 mln), reflecting a 22.8% discount to the June 2019 book value and a net initial yield of 8.9%.
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PropertyEU ArchiveDWS fund snaps up Swedish office from Skanska for €310m
A fund managed by DWS has emerged as the buyer of the Solna United office complex in Solna, Sweden, from developer Skanska for a price of SEK 3.3 bn (€310 mln).
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PropertyEU ArchiveOctopus provides €36m development loan for mixed-use London site
UK lender Octopus Real Estate is providing developer Matching Green with a £29.6 mln (€36 mln) loan for the development of a mixed residential and commercial site in Bermondsey, London.
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PropertyEU ArchiveBaumont acquires Edinburgh retail park for €78m
Baumont Real Estate Capital has completed its second investment in the UK and the first with operating partner, Ediston Properties, acquiring Hermiston Gait Retail Park in Edinburgh from Aberdeen Standard Investments for a price in the region of £65 mln (€78 mln).
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PropertyEU ArchiveWestbrook Partners makes fourth Berlin office purchase
US-based investor Westbrook Partners has acquired an office building in Berlin, Germany.
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PropertyEU ArchiveSCP Group acquires €1b Real hypermarket portfolio from Metro
London-based private investor SCP Group has agreed to buy the entirety of the Real supermarket portfolio from German wholesaler Metro for a price said to value the struggling business at around €1 bn.
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PropertyEU ArchiveCatella's European student digs fund lifts invested capital to €100m
Berlin-based Catella Residential Investment Management (CRIM) has expanded the portfolio of the Catella European Student Housing Fund II (CESHF II) with three acquisitions of student residences in Austria, France and Spain totalling €55 mln.
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PropertyEU ArchiveThe Collective secures €167m loan to fund global expansion
UK co-living pioneer The Collective has agreed a new £140 mln (€167 mln) discretionary financing package from Deutsche Bank and GCP Asset Backed Income Fund.
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PropertyEU ArchiveSpanish socimi completes acquisition to unblock Madrid mall development
The sale of a site in Valdebebas in Madrid, which is earmarked to become the largest shopping mall in the north of the capital, completed this week.
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PropertyEU ArchiveMileway grows its leadership team across Europe
European last mile logistics real estate company Mileway has announced the appointment of three new country heads in France, Germany and the Nordics as it sets out to further expand its presence in those markets and across Europe.
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PropertyEU ArchiveActivumSG takes control of Dutch resi developer VanWonen
ActivumSG, which targets real estate investment opportunities across the capital structure, has acquired Dutch housing developer VanWonen on behalf of its latest fund. The purchase is the sixth corporate acquisition to date by ActivumSG funds for strategies focused principally on the residential and elderly care sectors in select European markets.
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PropertyEU ArchiveWeekly data snapshot: deals, funds, loans and assets on the market
Our weekly roundup of recently completed deals and loans, as well as funds and assets on the market.
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PropertyEU ArchiveItalian insurer Cattolica steps into Dutch retail as part of internationalisation strategy
The acquisition of a stake in Dutch fund manager Altera Retail marks the Italian insurer’s first international real estate investment and is part of a strategy to build up a portfolio abroad worth up to €250 mln over the next five years.
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PropertyEU ArchiveSale of Dublin’s The Reflector finally closes
Deka Immobilien has completed the acquisition of The Reflector office building in Dublin for €153 mln, a yield close to 4.3%.
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PropertyEU ArchiveC&W launches flexible workspace service
The platform will enable landlords to deliver a flexible workspace solution under a management agreement with Cushman & Wakefield.
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PropertyEU ArchiveSix-strong bank syndicate to lend €1 bn on French portfolio
A consortium of mainly French banks is lending €1 bn to Unibail-Rodamco-Westfield’s new strategic partnership with Crédit Agricole Assurances and La Francaise, PropertyEU has learned.
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PropertyEU ArchiveARC Real Estate Partners sells Rotterdam offices for €50m
ARC Real Estate Partners has announced the sale of the Lotus C and E office buildings in Rotterdam, the Netherlands, on behalf of one of their investors, to local investor CK Capital Partners and US group Monarch Alternative Capital for a total of €50 mln.
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PropertyEU ArchiveEurazeo sells stake in major Paris fashion centre to Mata for €57m
The French private equity group bought its 78% stake in the Cifa centre in Aubervilliers back in 2015 for €26.5 mln.
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PropertyEU ArchiveThe Student Hotel to invest €65m in Turin regeneration project
The European hotel operator, developer and investor expects to have invested around €1 bn in Italy by 2025, representing a significant portion of its total European forward development pipeline.
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PropertyEU ArchiveCDU/CSU and FDP groups to file complaint against Berlin's rent price cap
Germany's CDU/CSU and FDP groups in the Federal Parliament have confirmed that they have sufficient signatures from MPs to file a constitutional complaint with the Federal Supreme Court against Berlin's rent price cap law.
