London-based real estate private equity group Revetas Capital, together with Goldman Sachs funds, has acquired east European developer TriGranit from the US firm TPG Real Estate at an asset value of €450m.
Revetas, founded (...)
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 REIT/SOCIMI, Lar España, (...)
Vienna-based listed real estate group Immofinanz has announced a 10:1 reverse stock split, a move formerly approved in the shareholder meeting and reducing outstanding shares to 112m.
The commercial (...)
The Paris Ile-de-France region has signed an agreement with the online travel platform of Chinese e-commerce giant Alibaba aimed at helping tourists from the People's Republic, who have strong purchasing (...)
UK-headquartered property adviser Savills is acquiring Cluttons Middle East, a real estate consultancy employing 190 staff across the UAE, Bahrain, Egypt, Oman and Saudi Arabia which it says will (...)
Paris-based AccorHotels has sold 57.8% of its AccorInvest unit to sovereign funds Public Investment Fund and GIC, institutions Colony NorthStar, Crédit Agricole Assurances and Amundi in a transaction bringing gross proceeds of €4.6bn.
PIF is owned by (...)
Global real estate manager LaSalle Investment Management is acquiring the Real Estate Multi-Manager business of UK manager Aviva Investors, which manages €6bn of assets, plus full ownership of the (...)
London-based listed asset manager Intermediate Capital Group has invested €105m in a sale-leaseback of six Spanish hypermarkets, partnering with Inmobiliaria Armuco, a firm 45% owned by domestic food (...)
International commercial real estate adviser Colliers is pushing deeper into residential investment advisory, acquiring a specialist Engel & Völkers franchise in the Frankfurt region.
It is acquiring Engel & Völkers (...)
Florida-based leisure and entertainment group Hard Rock International has won approval from Spain's Catalonian government to build a €2bn casino and leisure resort in Tarragona south of Barcelona (...)
Grosvenor Europe, part of London's privately-held Grosvenor real estate giant, has shifted its French strategy towards Paris office renovations and reduced its emphasis on retail property, says Steve Cowen, (...)
Institutional real estate investors are gradually shifting focus away from national markets to global cities that are growing and show 'future-proofing credentials', the MSCI/KTI Conference heard. Nordic cities (...)
Some 97% of stakeholders in Australian retail group Westfield have approved its merger with French-Dutch supermarket giant Unibail-Rodamco, taking the creation of Europe's largest listed supermarket group one step (...)
US wealth management giant Blackstone and Frankfurt-based alternative investment manager Quincap have together acquired the 44,000 sqm Arabella Bogen office building in Munich for a price reported at (...)
Emerging technologies such as Virtual Reality, Artificial Intelligence and Blockchain will optimise efficiencies in real estate, transforming business models, but will also disrupt those unable to (...)
German family-owned Garbe Logistik is boosting residential investment activities, hiring experienced managers from the Dutch Bouwfonds group to run a new investment manager Garbe Institutional Capital.
In a (...)
Netherlands cooperative bank group Rabobank continues to dismantle its Bouwfonds Investment Management unit, announcing transfer of a €1bn residential fund to the German subsidiary of Sweden's Catella Real Estate.
The management of (...)
Private Stuttgart-based APCOA Parking, which manages car-parking spaces at over 9,000 locations in 13 European nations, has introduced a proprietary application, APCOA Flow, which allows customers to (...)