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Senior Advisor
Vice Chairman - Chief Executive Officer
Chairman
Director Asset Management
Senior Advisor
Vice Chairman - Chief Executive Officer
Chairman
Director Asset Management
The joint venture between Freo Group and AnaCap Financial Partners has completed the acquisition of the commercial property at 10 avenue de la Grande-Armée (...)
In its latest market review, published in August 2022, Sofidy announces that corporate margins "will deteriorate in the coming months" and that analysts' estimates (...)
Inovalis REIT has made its first acquisition in the Spanish real estate market from Merlin Properties, Socimi, S.A. The company has purchased an 11,000 (...)
American venture capital firm Fifth Wall Ventures, launched in 2016, has become the largest investor dedicated to PropTech in the United States, with more (...)
Cain International’s acquisition of a €225m Spanish office portfolio from Merlin Properties this week shows, quite separate from the deal itself, just how deep (...)
Spain's largest REIT/SOCIMI Merlin Properties has agreed with US-based Cain International and Germany's Freo to sell a 26-unit office portfolio for €225m. The deal represents a (...)
Spain's largest REIT/SOCIMI Merlin Properties reported a 11.6% rise in FFO to €157.2m in the first half, reconfirming dividend guidance for this year at €0.52. It (...)
Fifth Wall, a PropTech focused American venture capital firm, announced today the close of its second real estate technology fund, a $503m vehicle with (...)
Spanish REIT/SOCIMI Merlin Properties has completed a refinancing through a €1.55bn ESG-indexed facility which is the largest in the European real estate sector to date. The new (...)
Spanish REIT Merlin Properties has announced an innovative plan for logistics last-mile operators to use its city office parking space at nights, plus €300m (...)
Spanish REIT/SOCIMI Merlin Properties reported unchanged net earnings of €287m for 2018 despite a large asset sale, and is proposing a complementary dividend for (...)
Even if Spanish REIT/SOCIMIs are trading below NAV and yield compression has ended, dividend payouts coupled with rising rents continue to make them attractive, (...)
US investment funds KKR and Round Hill Capital are reported to be leading the bid, at up to €170m, for a 500,000 sqm logistics (...)
Spanish REIT/SOCIMI Merlin Properties has paid €112.2m at a 5.4% yield to acquire the Art and TFM office buildings in Lisbon, expanding its footprint (...)
Spanish office REIT/SOCIMI Colonial, after a takeover and a readjustment of capital this year, is looking ahead to delivering organic growth with a rise (...)
US investment giant Blackstone has won the green light from the Spanish regulator to take control of listed housing firm Testa, acquiring the stakes (...)
As real estate investment capital continues to pour into Spain, US investment giant Blackstone has become the nation's largest residential landlord with 32,000 homes, (...)
After several delays, Portugal is planning to introduce REIT legislation in January for all real estate asset classes and will finalise details before year end, says (...)
US-based Blackstone has taken control of Spanish listed housing firm Testa less than two months after flotation, buying 50.01% in an offer for Merlin (...)
Spain's largest REIT/SOCIMI, Merlin Properties, increased IFRS net profit by 8.6% in the first half to €458m, and said EPRA NAV rose 6% to (...)
Testa Residencial has listed on Spain's MAB exchange without an IPO, becoming Spain's largest rental housing REIT/SOCIMI with over 10,000 apartments. It shares rose 1.44% to €14.10 (...)
Testa, the Spanish housing firm owned by creditor banks, REIT/SOCIMI Merlin Properties and Acciona Inmobiliaria, has issued its stock market prospectus targeting capitalisation of €1.83bn at a share price (...)
Spain's largest REIT/SOCIMI Merlin Properties has paid €406.7m to acquire from Blackstone the Forum Almada mall in Portugal across the Tagus River across from (...)
Spanish housing firm Testa Residencial, currently being prepared by its owners for an IPO, has signed a €92m credit financing for the €207m acquisition of (...)
Spanish housing group Testa, being prepared for an IPO in the next few months, is to make a capital increase of €89m for subscription by (...)
Spain's REIT/SOCIMIs have succeeded in the government's aims of reviving the nation's previously depressed real estate, boosting the economy and creating jobs, the EPRA/Iberian (...)
Shifting economics and politics in Portugal mean the government is increasingly likely to introduce REIT legislation this year, an EPRA/Iberian Property conference heard. The (...)
Spanish REIT/SOCIMI Merlin Properties intends to float housing affiliate Testa Residencial on the stock market before summer to become the nation's first listed residential investor, CEO Ismael Clemente says. Its (...)
Miguel Ferre, one of the fathers of Spain's REIT regime, is to take part, alongside four of his most successful 'progeny', Merlin Properties, Hispania, Colonial and Lar España, at (...)
Spain's largest REIT/SOCIMI Merlin Properties reported a 89% surge in 2017 net profit to €1.1bn, with FFO up 31% at €289m, though per share FFO rose (...)
Shares in Madrid-based residential developer Metrovacesa, one of the biggest casualties of Spain's recent recession, fell in trading Monday to €15.27, below its IPO price (...)
Spanish REIT/SOCIMI Lar España reported a 29% increase in portfolio value last year to €1.54bn, which it said is well above the purchase price of the (...)
Bringing REITs under the European Union’s AIFMD directive would be counterproductive in Portugal, which has announced their introduction, says a senior executive of Spain’s (...)
It looks as if Portugal will become the next member of the European REITs club as political confusion reigns in Poland, and Sweden shows (...)
European public real estate markets are in good shape as our website goes live. German housing stocks are near highs, as are most of (...)