REITS / Asset management
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Spanish property investment manager Azora has filed its private equity fund with regulators, which targets investing around €1.3bn in resort hotels in southern Europe. Called (...)
Madrid investment manager Azora is partnering with Palladium Hotels in a €500m JV in Mediterranean resort hotels, starting with €115m purchase of three assets, (...)
US-based investment giant Blackstone, which holds real estate in Spain worth some €20bn, is reported to be preparing a wave of disposals, including much (...)
Spanish property yields should remain stable this year, predicts international adviser CBRE, after foreign capital made up €11.8bn of the record €20bn invested in (...)
Swiss insurer Zurich, in one of its first visible deals in Spain, has paid €163.5m for five office assets in Madrid, part of the (...)
Spain will need another 2m homes over the next 15 years to meet accelerating demand and to build them must attract around €300bn in (...)
Azora, the Madrid property manager which developed and then sold one of Spain' largest REITs, has launched a firm with CBRE to invest €250m (...)
CBRE Global Investment Partners and Madison International Realty are jointly acquiring a 6,458-unit Spanish residential portfolio valued at €870m from Madrid's Azora group, which (...)
Azora, the Madrid-based investment manager that built and then sold Spanish REIT Hispania to Blackstone, aims to invest further in resort hotels but is (...)
Airbnb and other similar internet-based lodging platforms pose no real threat to the hotel industry but more to rented housing in the major cities, (...)
Spain, Portugal, Italy, Greece and France. Those are the markets where Hong Kong and Shanghai-based Gaw Capital aims to expand Spain’s Hospes hotels with (...)
US investment management giant Blackstone has succeeded in its €2bn bid for Spanish REIT/SOCIMI Hispania, winning acceptances for 74.02% of equity, well over its (...)
Spain's hotels-focused REIT/SOCIMI Hispania said its board has approved the takeover bid made by US wealth giant Blackstone after the latter raised its offer to €18.25 per share (...)
US investment management giant Blackstone, in the middle of a takeover bid for Spain's Hispania, is finalising acquisition of a Spanish logistics portfolio owned by another (...)
The Spanish financial regulator CNMV has approved the takeover bid by Blackstone for hotels REIT Hispania. If successful, the firm will be taken private and all profits will move (...)
With Spanish tourism booming and no fewer than 173 new hotel openings forecast in the next four years, US giant Blackstone will likely do what it (...)
Spanish real estate manager Azora Altus, which created and manages the REIT/SOCIMI Hispania, is postponing its own IPO in light of uncertainty created by Blackstone's (...)
Spanish real estate manager Azora Altus, which created and manages the REIT Hispania, is to issue 47m new shares to raise around €500m in its own (...)
Spanish REIT/SOCIMI Hispania said Monday it will to seek an alternative buyer to maximise value, and that a takeover bid by Blackstone subsidiary Alzette earlier this month following (...)
Spain's Azora, the external manager of REIT/SOCIMI Hispania and other real estate firms, confirmed Wednesday that it is planning its own stock market flotation. Reports say it (...)
Giant US investment manager Blackstone has launched a full takeover bid for Spanish REIT/SOCIMI Hispania via its Alzette vehicle, having agreed to buy 16.65% (...)
Shares in Spanish REIT/SOCIMI Hispania jumped by 7.3% yesterday on media reports that US wealth manager Blackstone plans a takeover bid once it executes plans to sell office (...)
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 (...)
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 (...)
The inclusion of managment fees cut Spanish hotel-focused REIT/SOCIMI Hispania 2017 after-tax profit to €249m from €359m in 2016. Excluding these, net came in at (...)
Following its move last year to become the sole owner of Spanish resort group Bay Hotels, Madrid REIT/SOCIMI Hispania is considering a merger or a de-listing (...)
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 (...)
Spanish REIT/SOCIMI Hispania has signed an option to acquire, for €165m, seven hotels of the Alua Hotels & Resorts chain on the Balearic and Canary islands (...)
Gold has been discovered in Spanish resort hotels and REIT/SOCIMI Hispania is the first in the ‘rush’. But other fast movers are close behind. They include Blackstone, (...)
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 (...)