Malaysia’s Permodalan Nasional Berhad (PNB) and The Employees Provident Fund Board (EPF) are to acquire the commercial assets in phase 2 of London’s Battersea Power Station development at a base purchase price of £1.58bn.
Expected to complete in first quarter 2019, (...)
German digital real estate investment platform iFunded has announced a €4m pre-Series A round of financing to extend its offer to institutional investors and integrate blockchain technology.
The financing (...)
Following takeover of Australian Westfield in June, Europe's largest REIT, giant mall group Unibail-Rodamco-Westfield, boosted first half recurring net profit 14.5% to €703m, with EPS up 7.3% to €6.16.
Now the largest listed shopping centre group in the world, URW reported gross (...)
French REIT/SIIC Altarea Cogedim is acquiring the remaining 45% of historic buildings specialist Histoire & Patrimoine as it looks to strengthen its tailored offer to local communities wishing to (...)
Healthcare and senior housing have appeared on investors' roadmaps, supplanting traditional types as institutions exploit ageing demographics seeking to lower risk, says Swiss Life Asset Managers' Beatrice Guedj in (...)