All PropertyEU Archive articles – Page 784
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PropertyEU ArchiveUnion Investment acquires Vienna residential scheme for €33m
German fund manager Union Investment has acquired a residential and commercial project in Vienna from its developer, a subsidiary of the locally-based Haring Group, for €33 mln.
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PropertyEU ArchiveDIC Asset acquires Leverkusen office for €51m
German asset manager DIC Asset has acquired an office building in the city of Leverkusen from the project's developer, Landmarken, for €51 mln.
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PropertyEU ArchiveWestfield securityholders approve Unibail-Rodamco merger
International shopping centre giant Westfield announced on Thursday that its securityholders have approved the acquisition of Westfield by Europe's Unibail-Rodamco, supporting the transaction by over 97%.
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PropertyEU ArchiveTritax explores IPO for European logistics fund
Tritax, the investment manager of UK shed specialist Tritax Big Box REIT, has said it is exploring the launch of a new UK investment trust focused on investing in the Continental European logistics market through an initial public offering on the London Stock Exchange.
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PropertyEU ArchivePeach Property acquires 1,066-unit resi portfolio in Southern Germany
Swiss real estate company Peach Property has announced the acquisition of a portfolio of 1,066 apartments, nine commercial units and 771 parking spaces in Heidenheim, in the Baden-Württemberg region of Germany.
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PropertyEU ArchiveBarings acquires Stockholm office asset for €100m
Global real estate investment manager Barings Real Estate has inked a deal to acquire an office property in central Stockholm for just over €100 mln from Swedish fund manager Mengus.
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PropertyEU ArchiveKFIM acquires €100m Dublin office for Korean fund
Knight Frank Investment Management (KFIM), working with LB Asset Management, a South Korean investment manager, has acquired an office let to Facebook in Dublin for more than €100 mln, from Irish investor The Comer Group.
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PropertyEU ArchivePatrizia buys mixed-use Berlin asset for €100m
Listed German property investor Patrizia Immobilien has purchased a mixed-use asset in Berlin from independent investor Peakside Capital for €100 mln.
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PropertyEU ArchiveUK retailer M&S to close 100 stores
UK retailer M&S has confirmed plans to close over 100 stores by 2022 as part of a wider strategy to reshape its UK store estate and increase online sales.
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PropertyEU ArchiveGecina buys Paris office complex for €30m
French REIT Gecina has announced the acquisition of a 5,000 m2 office building at 8, rue des Graviers in Neuilly-sur-Seine, Paris, for €30.5 mln.
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PropertyEU ArchiveSavills IM snaps up Spanish retail asset for €48m
Savills Investment Management has acquired an Eroski hypermarket which is part of the Garbera shopping centre in the northern Spanish city of San Sebastián. The off-market deal was valued at €48 mln.
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PropertyEU ArchiveCushman & Wakefield adds to EMEA asset services team
Cushman & Wakefield has made two senior appointments to its EMEA Asset Services team, hiring Maarten de Haas as chief customer officer (CCO) and Tina Parfitt as chief information officer (CIO).
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PropertyEU ArchiveQuartermile relaunches as Qmile after MBO from Moorfield and Baupost
Two directors of Edinburgh-based property developer Quartermile Developments have launched a new development company following a successful management buyout (MBO).
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PropertyEU ArchiveTomášková appointed MD at Skanska Czech Republic
Skanska’s commercial development unit in CEE has appointed Alexandra Tomášková as managing director for the Czech Republic as of 1 June.
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PropertyEU ArchiveCloudscraper Exchange appoints head of Germany and CEE
Commercial real estate exchange platform Cloudscraper has announced the appointment of Kai Presser as new head of Germany and CEE countries.
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PropertyEU ArchiveFrench investors favour value-add and development
Foreign investors’ faith in France’s prospects is such that they are now planning for the long term and putting their capital into value-add and development, panellists agreed at the PropertyEU France Investment Briefing, which was held on Wednesday at Colliers International’s London offices.
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PropertyEU ArchiveHevia hired to lead Real IS in Spain
Real IS, the property arm of German lender BayernLB, has appointed Juan Jiménez Hevia to head its Spanish office, which opened in autumn 2017.
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PropertyEU ArchivePark Hotels & Resorts sells Hilton hotel in Berlin for €297m
Hospitality group Park Hotels & Resorts has closed on the sale of the 601-room Hilton Berlin in a share deal worth €297 mln.
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PropertyEU ArchiveHansainvest to spend up to €300m in logistics assets by next year
Hansainvest Real Assets has unveiled plans to invest up to €300 mln in the logistics sector by the end of next year as part of its growth strategy in this market segment.
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PropertyEU ArchiveUSS, PFP Capital launch €376m PRS JV in the UK
UK pension fund Universities Superannuation Scheme (USS) has joined forces with regeneration group Places for People to launch a £330 mln (€376 mln) joint venture to invest in the UK residential private rented sector (PRS).
