All PropertyEU Archive articles – Page 63
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PropertyEU Archive
DWS promotes Ulrich von Creytz to lead European real estate investment
Global asset manager DWS has appointed Ulrich von Creytz as chief investment officer (CIO) for real estate in Europe.
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PropertyEU Archive
Ghelamco offloads sustainable data centre in Brussels to Penta Infra
Belgian real estate investor and developer Ghelamco has sold its Nexus data center in Brussels to European data center specialist Penta Infra, with Photon Capital acting as the lead investor.
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PropertyEU Archive
Cash-strapped Chinese Estates sells London office block
Hong Kong-based developer Chinese Estates Holdings is selling a Grade A office building in London's prestigious Mayfair district.
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PropertyEU Archive
Mutualidad picks up Madrid office building from UBS for €46m
Spanish insurance company Mutualidad has acquired an office building in Madrid, Spain from UBS for €46 mln.
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PropertyEU Archive
JM divests rental property project in Sweden for €44m
Nordic residential developer JM has sold a development project in Järfälla, Stockholm, for SEK 497 mln (€44 mln) and the full amount will be paid upon transfer of title in 2025.
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PropertyEU Archive
Covivio and AccorInvest announce €393m hotel tie-up
Real estate company Covivio has joined forces with peer AccorInvest to streamline their ownership of hotel properties.
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PropertyEU Archive
Abrdn sells Essex warehouse to Leftfield for €27m
Investment firm Abrdn has offloaded a prime warehouse facility in Braintree, Essex to UK logistics company Leftfield in a £23 mln (€27 mln) deal.
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PropertyEU Archive
Aedas Homes to invest €150m in land for future growth
Spanish homebuilder Aedas Homes plans to invest at least €150 mln annually in its land acquisition strategy.
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PropertyEU Archive
CapMan resi fund makes its second investment in Sweden
CapMan Residential Fund has announced the acquisition of a forward funding project in Ursvik, Sundbyberg, Sweden. Financial details were not disclosed.
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PropertyEU Archive
Royal London grows presence in major UK business park
Royal London Asset Management Property has expanded its footprint at Abingdon Business Park, Oxfordshire, in the UK, with the acquisition of the 77,000 ft2 Eyston Way industrial scheme and securing planning permission for a 24,000 ft2 of mid-tech unit space.
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PropertyEU Archive
Dot Group appoints Paddy Allen from Colliers as CEO of Kinetic Capital
Student living conglomerate The Dot Group has announced the appointment of Paddy Allen as the new Chief Executive Officer of Kinetic Capital, its specialist lending arm in the purpose-built student accommodation sector.
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PropertyEU Archive
Ada Infrastructure to develop data center campus in East London
Ada Infrastructure, a data center platform of GLP Capital Partners, has received planning approval from the Newham Strategic Development Committee to deliver one of London’s largest data center campuses.
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PropertyEU Archive
Clarion extends UK footprint with €60m acquisition
Clarion Partners Europe has acquired an institutional-quality logistics facility in Haydock, near Warrington, for £50.8 mln (€60 mln), on behalf of its UK-only logistics fund.
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PropertyEU Archive
One United secures €47m loan from Banca Transilvania
Romanian developer-investor One United Properties has secured a €47 mln financing from Banca Transilvania.
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PropertyEU Archive
European living sector demand to soar up to 2040 - C&W
Europe’s living sector is poised for substantial growth by 2040, according to Cushman & Wakefield’s Unpacking Europe’s Living Revolution report.
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PropertyEU Archive
Sirius picks up 2 industrial assets in the UK
Sirius Real Estate has completed on the acquisitions of two industrial assets in the UK, in Banbury, just north of Oxford, and Wembley, for just over £31 mln (€37 mln), representing a 9.2% net initial yield including acquisition costs.
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PropertyEU Archive
Svenska buys Stockholm mall from CBRE IM for €101m
Property firm Svenska Handelsfastigheter has entered into an agreement with CBRE IM to acquire Bromma Blocks in a share deal worth SEK 1.173 bn (€101 mln), below the latest book value of the property of SEK 1.725 bn as of December 31, 2023.
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PropertyEU Archive
Harris Associates launches sale of €100m UK PBSA portfolio
Harris Associates has launched the sale of ‘The Collection’, a portfolio of five student accommodation assets with 795 beds across the UK.
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PropertyEU Archive
Inrev's latest consensus shows cautious optimism
Iryna Pylypchuk, director of research & market information at INREV, has said its Consensus Indicator suggests the market is close to bottoming out.
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PropertyEU Archive
Canary Wharf Group chairman to retire
George Iacobescu is to retire from Canary Wharf Group (CWG) after 36 years with the company.