Ten opportunities are in play, encompassing shopping centres, department stores, offices, life sciences, logistics and residential.
Blackstone’s IVG is selling a landmark riverside building in Berlin according to ReactNews. It’s the second large mixed-use site in the German capital to become available this month, following Aggregate Holdings’ project which went on the market last week.
Other assets on the block are two former Debenhams stores in the centres of Dublin and Cork and a prime block in London’s West End. Two more UK shopping centres are for sale, including Crawley’s town centre, County Mall, for £35 mln. Abrdn bought it in 2004 for £190 mln and had previously tried to sell it in 2019 and 2020.
Two-thirds of new financings were made by debt funds, to support assets from big residential developments to hotels to multi-let office portfolios. Cheyne’s loan against a large Wembley development is the second UK residential loan it has written in two weeks, providing a total of £277 mln.
The six funds in the market offer opportunistic, senior living, urban logistics and sustainable building strategies.
We also track the latest deals announced in the last week for which pricing was available.
Click here to access the data.
