Our weekly title has broken another exclusive, this time that CBRE GI has made an appointment from sister company CBRE as it eyes a first debt fund in Europe later this year.
CBRE GI is one of the largest real estate global specialists not to offer investors a real estate financing investment fund.
News it is planning to do so comes just days after rival LaSalle Investment Management revealed it had raised a further €600 mln for the LaSalle Whole Loan Strategies fund which issues loans for Western Europe and Nordic real estate.
Also published in Friday’s EuroProperty is the revelation of yet another Korean investment in Europe, this time in Prague as South Korean asset managers and investment firms continue to fan out from main cities.
Alongside that, a sale has been launched of the largest portfolio the Irish private residential rental property sector has ever seen.
Plus, EuroProperty analyses the dramatic fall off in Q1 European real estate transaction volume, and how in London, agent Knight Frank says it is seeing prelets signed two years in advance of companies requiring space because of occupier concerns they might miss out on suitable options given the slowing pipeline of new development in the UK capital.
