All Real Assets articles in Web Issue – Page 1873
-
PropertyEU ArchivePrologis snaps up major logistics portfolio in Belgium
US logistics property giant Prologis has agreed to buy a 157,500 m2 logistics portfolio in Belgium from AG Real Estate, the property arm of insurer AG, for an undisclosed amount.
-
PropertyEU ArchiveWeekly data sheet: REITs mull big sales in London and Paris
Three REITs consider sales potentially totalling circa €4 bn this week as we report seven new opportunities coming to the market.
-
PropertyEU ArchivePatrizia’s TEP VII oversubscribed with €1.8b total firepower
European fund manager Patrizia has announced the final close of its flagship discretionary value-add fund, TransEuropean VII LP (TEP VII), which has reached its equity hard cap of €750 mln, as tipped by PropertyEU last week.
-
PropertyEU ArchiveWarehouse REIT raises €170m in oversized share offer
Warehouse REIT said on Monday that it will issue 139 million new shares at a price of 110 pence each as part of a capital increase first announced in March.
-
PropertyEU ArchiveUK REIT secures €332m, 45-year loan from USS to finance growth
Residential Secure Income said on Monday that it has entered into a new £300 mln (€332 mln), long-term secured debt facility with the UK pension scheme, Universities Superannuation Scheme (USS).
-
PropertyEU ArchiveSocial impact firm acquires London project as part of €550m growth strategy
Funding Affordable Homes (FAH), a social impact company which invests in UK affordable housing, has acquired the Island Point development south of Canary Wharf in London’s Docklands from City Pride for £28.5 mln (€32 mln).
-
PropertyEU ArchiveSupermarket Income inks €82m sale-and-leaseback with Waitrose in the UK
UK REIT Supermarket Income has confirmed the purchase of a portfolio of supermarkets via a sale-and-leaseback transaction with Waitrose for £74 mln (€82 mln), reflecting a net initial yield of 4.4%.
-
PropertyEU ArchiveBallymore exchanges on €83m London mall
International property developer Ballymore has exchanged contracts to acquire the Broadwalk shopping centre in Edgware, north London, from Aberdeen Standard Investments.
-
PropertyEU ArchiveAG Real Estate takes over major office campus in Belgium
AG Real Estate has closed the acquisition of the Post X urban campus in Berchem, Belgium, from IRET Development in a share deal whose value was not disclosed.
-
PropertyEU ArchiveNuveen completes purchase of landmark new office project in Berlin
Nuveen Real Estate said on Monday that it has finalised its acquisition of cube berlin, a 17,500 m2 office asset in the heart of the German capital, following the completion of the development in February 2020.
-
PropertyEU ArchivePREI hires John Kropke to lead REOC business in US and Europe
Principal Real Estate Investors has announced the hiring of John Kropke as managing director of its US and Europe real estate operating company (REOC) line of business.
-
PropertyEU ArchiveCBRE Global Investors carries out major reorganisation
CBRE Global Investors, one of the world’s largest real estate investment managers, has adopted a new global operating model, with significant personnel changes in Europe.
-
PropertyEU ArchiveDTZ Investors secures UK pension fund for co-living strategy
Coliv, an independent fund managed by DTZ Investors and focused on the London co-living sector, has secured new equity commitments from Liverpool-based local authority pension fund Merseyside, reaching a dry powder of £170 mln (€188 mln).
-
PropertyEU ArchiveIcade sells mixed-use complex to Primonial for €109m
Icade’s development arm Icade Promotion has completed the sale of a mixed-use complex in Ivry-sur-Seine, near Paris, to Primonial REIM for €109 mln, excluding taxes.
-
PropertyEU ArchiveBNP Paribas REIM raises €200m for new European healthcare platform
BNP Paribas REIM has announced the launch of Healthcare Property Fund Europe, having raised initial equity commitments close to €200 mln for the new investment strategy.
-
PropertyEU ArchiveHillview launches €332m UK regional real estate fund
UK regional office investor Hillview Real Estate has announced the launch of its third UK commercial real estate fund, Hillview Partners Property Fund III, with a target size of £300 mln (€332 mln).
-
PropertyEU ArchiveCoima launches Italy’s first urban regeneration ESG fund targeting €4b
Italian asset manager Coima has raised initial commitments of €400 mln for COIMA ESG City Impact Fund, Italy’s first urban regeneration ESG fund.
-
PropertyEU ArchiveEQT Real Estate accelerates roll-out of Swedish urban logistics platform
EQT Real Estate has completed an additonal six transactions in Sweden this year as it seeks to build out a portfolio of up to €480 mln for a country-specific logistics joint venture.
-
PropertyEU ArchiveKKR hires LaSalle IM’s Simon Marrison as senior advisor for European real estate
Simon Marrison, chairman of LaSalle Investment Management’s European business, is leaving the firm after 19 years to join KKR’s growing European platform.
-
PropertyEU ArchiveAEW promotes Convert to head of investments for France
AEW has announced that Jeremy Convert, currently an executive director in the firm's investment team, will take over from Laurent Babelon as head of investments for France.
