All PropertyEU Archive articles – Page 686
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PropertyEU ArchiveApollo acquires 32 stores from Casino for €470m
US-based investment group Apollo Global Management has acquired 32 hypermarkets and supermarkets from French grocery group Casino for €470 mln.
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PropertyEU ArchiveAEW appoints head of Luxembourg
Global asset manager AEW has appointed Quentin Verschoren as managing director and head of Luxembourg with immediate effect.
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PropertyEU ArchiveUK authorities block merger between Sainsbury’s and Asda
The UK's competition and markets authority (CMA) has blocked the proposed merger between supermarket giants Sainsbury’s and Asda, after finding it would lead to increased prices in stores, online and at many petrol stations across the UK.
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PropertyEU ArchiveTristan fund picks up Birmingham's tallest office project
Tristan Capital Partners' EPISO 4 opportunity real estate fund has acquired a freehold development site in Birmingham, UK from a Patrizia joint venture, with planning consent for a 105.5-metre office tower.
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PropertyEU ArchiveIvanhoé Cambridge and PLP snap up four UK shed schemes
Canadian investor Ivanhoé Cambridge has acquired four UK logistics development schemes with a gross development value of over £300 mln (€346 mln) through its partnership with investment manager PLP.
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PropertyEU ArchiveeQ inks Finland's second largest ever healthcare deal
Social property fund Samhällsbyggnadsbolaget i Norden (SBB) has acquired 48 Finnish properties - mostly elderly care homes and children's day care centres - from healthcare fund eQ Care for €142 mln.
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PropertyEU ArchivePGIM and Rothesay Life provide CBRE Dutch fund with €350m
CBRE Global Investors has secured a long-term refinancing deal for the CBRE Dutch Office Fund, after obtaining a €350 mln loan from PGIM Real Estate and Rothesay Life.
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PropertyEU ArchiveSupermarket Income REIT spends €52m on Tesco store
UK supermarket investor Supermarket Income REIT has acquired a Tesco Extra supermarket in Mansfield, Nottinghamshire, from the Charities Property Fund (CPF) for £45 mln (€52 mln).
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PropertyEU ArchiveEuropa Capital launches Luxembourg office, appoints Biren
European investment manager Europa Capital has announced plans to open a permanent office in Luxembourg, appointing Eric Biren as partner to lead the new operations.
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PropertyEU ArchiveSavills IM appoints new Singapore-based CEO
Global real estate investment manager Savills Investment Management has appointed Alex Jeffrey as its new CEO.
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PropertyEU ArchiveHamburg's booming office sector approaching 'critical' vacancy rate – Colliers
Take-up in Hamburg's office letting market remained strong in the first quarter of 2019 thanks to a booming labour market and strong economy, according to Colliers International.
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PropertyEU ArchiveHines hires Neinver director to head up Spanish business
US real estate firm Hines has appointed Vanessa Gelado as the new head of its Spanish operations.
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PropertyEU ArchiveEl Corte Inglés puts iconic stores in shop window
Spanish department store retailer El Corte Inglés has earmarked over a dozen of its stores for sale, including the flagship anchors of the Xanadu shopping centre in Madrid and the Francesc Macià shopping centre in Barcelona (pictured).
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PropertyEU ArchivePolish developer LC Corp sells regional office portfolio for €113m
Warsaw-listed developer LC Corp has sold a portfolio of two office assets in Katowice and Wroclaw for a total of €113 mln.
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PropertyEU ArchiveBritish Land cuts retail exposure with €495m UK superstore sell-off
UK REIT British Land has taken a major step towards rebalancing its portfolio by selling 12 superstores from its joint venture with Sainsbury's for £429 mln (€495 mln).
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PropertyEU ArchiveNeo Capital debuts in Dutch market with €50m office buy
London-based real estate investment and asset management firm Neo Capital has made its first purchase in the Netherlands, acquiring an office complex in Rotterdam for €50 mln.
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PropertyEU ArchiveInvel follows up Pangaea takeover with €55m Cyprus hotel deal
Greek real estate investment company Pangaea has acquired a 98% share of the owner of Cyprus's only five-star hotel in a joint venture with Invel Real Estate.
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PropertyEU ArchiveOctopus Healthcare raises €66m for elderly care investing
Alternatives investor Octopus Healthcare has raised around £58 mln (€66 mln) from institutional investors, the company has announced.
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PropertyEU ArchiveBNP Paribas REIM’s CEO steps down, saying 'mission accomplished'
Barbara Knoflach has called time on her three-and-a-half-year spell at French company BNP Paribas Real Estate, making way for an AXA executive to take over the reins.
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PropertyEU ArchiveGrosvenor acquires Madrid office from Blackstone
UK property group Grosvenor has returned to commercial investing in Spain with the acquisition of an office building in Madrid from Blackstone for close to €80 mln.
