All Real Assets articles in Web Issue – Page 1843
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PropertyEU ArchiveWarburg-HIH buys two warehouses in Germany
Asset manager Warburg-HIH Invest Real Estate has acquired two under-construction logistics assets in Germany.
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PropertyEU ArchiveSavills and CBRE furlough staff onto UK income support scheme
Global advisory firms Savills and CBRE are to furlough staff in the UK, in response to the impact the coronavirus crisis is having upon the property sector.
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PropertyEU ArchiveUnite’s student digs portfolio value falls 2.2% in Q1 due to coronavirus
UK student accommodation group Unite said on Thursday that its reservations ahead of the new academic year are at similar levels than in 2019, but warned it could be hurt by virus-enforced travel restrictions reducing numbers of international learners.
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PropertyEU ArchiveCovid-19 epidemic to unlock ‘massive’ capital reallocation towards logistics
The logistics real estate sector will see massive inflows over the next 12-18 months in a major capital reallocation by institutional investors as a result of the coronavirus pandemic, according to Umut Ertan, founder and partner of Germany’s Realogis-RLI Group.
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PropertyEU ArchivePPHE secures €204m development loan for London hotel
PPHE Hotel Group said on Wednesday that it has obtained a £180 mln (€204 mln) syndicated facility from Israeli lender Bank Hapoalim for the development of art'otel London Hoxton.
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PropertyEU ArchiveGold Tree buys eight retail parks in Germany for €70m
Swiss investor Gold Tree Group has completed the acquisition of eight retail parks from the developers Ten Brinke Group and Zehentner & Seidel group for around €70 mln.
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PropertyEU ArchiveCBRE appoints new investment head of Czech business
Agent CBRE has announced the appointment of Katarína Brydone as head of investment properties of CBRE in the Czech Republic effective from 1 June, 2020.
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PropertyEU ArchiveGCP backs off deal to buy London student digs project
UK REIT GCP said this week that it has failed to meet the conditions of a special purpose agreement to acquire Scape Mile End Canalside in London, bringing an end to its exclusivity period to acquire the development.
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PropertyEU ArchiveWereldhave cancels final dividend
Dutch retail specialist Wereldhave has decided to withdraw the previously announced final dividend for 2019 to retain cash ‘in light of current uncertainties regarding the Covid-19 situation’.
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PropertyEU ArchiveGenerali snaps up Prague department store for repositioning fund
Generali Real Estate has acquired the Kotva department store in Prague from local firm Pražská Správa Nemovitostí (PSN) through its pan-European Generali Real Estate Asset Repositioning (GREAR) fund.
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PropertyEU ArchiveUnibail-Rodamco-Westfield issues €1.4b of debt and cuts directors’ salaries
Unibail-Rodamco-Westfield has successfully issued €1.4 bn of corporate bonds, albeit at a higher cost than it was paying for debt capital before the coronavirus crisis.
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PropertyEU ArchiveBlackstone closes €10b of firepower in latest European fund
The Blackstone Group’s sixth dedicated opportunistic European real estate vehicle closed this week, making the fund its largest-ever in the region and beating the US giant’s original €8 bn target.
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PropertyEU ArchiveSBB loses buyer for €750 mln Swedish office portfolio
SBB’s buyer for a SEK8 bn (€760 mln) mainly offices portfolio has pulled out, scuppering one route the listed company was pursuing to cut debt.
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PropertyEU ArchiveAmundi crosses the line with Barcelona acquisition
Amundi Real Estate this week completed its first acquisition in Barcelona - a deal which was first agreed nine months ago.
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PropertyEU ArchiveCA Immo adds to Berlin office portfolio
CA Immo has completed the acquisition of Am Karlsbad 11, a fully leased building at the southern end of Berlin’s Potsdamer Platz office submarket.
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PropertyEU ArchiveADO/Adler merger completes, creating German-focused multifamily giant
The merger of ADO Properties and Adler Real Estate has gone through, creating a listed property company which has the second-largest German-focused multifamily portfolio, behind Deutsche Wohnen.
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PropertyEU ArchiveReal estate debt costs shoot up in public markets
Spreads on public real estate debt have increased rapidly in response to the coronavirus crisis, says CBRE.
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PropertyEU ArchiveSupermarket Income REIT to raise equity for UK grocery expansion
Supermarket Income REIT is launching a £75 mln placing to buy two more supermarkets for £115 mln.
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PropertyEU ArchiveRealterm closes €100m European logistics fund, buys Brussels facility
Realterm has announced the closing of its Realterm Europe Logistics Fund (RELF) at its hard cap of €100 mln.
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PropertyEU ArchiveXior raises €100m with first US green bond private placement
Belgian student housing REIT Xior said on Friday that it has strengthened its liquidity by €100 mln through the issue of its first US green bond.
