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Listed

Spanish REIT Arima wins €60m equity offer from Canada's Ivanhoé

Amid a growing trend for private capital to buy into listed real estate, Spain's REIT/SOCIMI Arima has won a €60m subscription offer from Canada's Ivanhoé Cambridge. Arima, (...)

Retail

BMO's Best Value Europe II fund reaches €250m in equity, €233m GAV

BMO Real Estate Partners, part of Canada's Bank of Montreal group, has won €250m in equity commitments for its Best Value Europe II fund, to date (...)

Housing

Spanish housing developer Neinor reverses 1H18 net loss with profit of €12.4m

Neinor Homes, the Spanish housing developer with Orion Capital Managers as a major shareholder, this year reversed its 1H18 net loss to report profit of €12.4m for (...)

Office

GEG German Estate acquires Frankfurt's Palazzo Fiorentino for €50m

GEG German Estate Group, in the process of being merged into Frankfurt's listed DIC Asset, has purchased the 11,000 sqm Palazzo Fiorentino in Frankfurt for around (...)

Retail

With Madrid asset BMO’s €700m high-street retail fund reaches full investment

BMO Real Estate Partners, part of Canada's Bank of Montreal group, has acquired a luxury retail in Madrid and thus fully invested its €700m Best Value (...)

Listed

Paris-based Orion builds Spanish Neinor stake to second biggest 11%

Paris-based Orion Capital Managers has, with a stake of 11.1%, become the second largest shareholder in Spanish housing developer Neinor Homes just two months after first (...)

Listed

New Madrid office REIT Árima agrees €110m acquisitions by year-end

Madrid office REIT/SOCIMI Árima, created by former executives of Axiare acquired last year by Colonial, agreed acquisitions worth €110m by year end, just two months after its IPO. In a (...)

Office

BMO acquires Berlin Leipziger Platz complex for reported €300m

BMO Real Estate Partners Germany, part of Canada's Bank of Montreal financial group, has acquired the mixed office-retail complex Leipziger Platz 14-16 in Berlin in a deal reported (...)

Hospitality

Amid Spain's hotel boom, Blackstone will do what it takes to buy Hispania

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 takes to (...)

Retail

BMO’s Kelley - high prices making French high street investments difficult

Real estate fund BMO, a unit of Canada's Bank of Montreal, aims to signifcantly expand its city centre retail assets in France but is having difficulties with high (...)

Retail

BMO sells 18-asset German retail portfolio for three-digit millions

BMO Real Estate Partners Germany, a unit of the Canadian Bank of Montreal, said it has sold an 18-property western German retail portfolio called Boulevard to an (...)

Finance

Spanish Hispania manager Azora announces IPO; €700m reported capital raise

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 is aiming (...)