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AxiaRE

Listed 16/10/2019

After logistics sale, Spain's Colonial analysing assets worth €1bn

Spanish REIT/SOCIMI Colonial, fresh from the €425m sale of its logistics portfolio, aims to continue expanding in office and is now analysing some €1bn in assets for (...)

Logistics 28/08/2019

Prologis Europe's winning bid for Colonial's Spanish logistics portfolio said at €425m

Prologis European unit has won the bid to purchase a 473,000 sqm Spanish logistics portfolio owned by REIT/SOCIMI Colonial for a price reported at €425m. The (...)

Logistics 17/06/2019

At €480m, Blackstone, Prologis said leading bid for Colonial's Spanish logistics

US firms Blackstone and Prologis are reportedly leading the bid for the Spanish logistics portfolio being sold by listed group Colonial, with bids running (...)

Listed 03/01/2019

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 (...)

Listed 19/10/2018

French SFL stake increase helps Colonial to first BBB+ S&P rating

Spain's Colonial has become the first Spanish REIT to obtain a BBB+ credit rating from US agency S&P after taking 81% of France's Société (...)

Listed 11/10/2018

Spanish Árima starts IPO as Madrid office REIT aiming at 15%

Spanish REIT/SOCIMI Árima, created by former executives of Axiare Patrimonio, has launched its IPO at €300m, saying it aims to be a Madrid office pure-play targeting (...)

Listed 16/05/2018

Spain's Colonial to grow rental income to €500m with Axiare - CEO

Spanish REIT/SOCIMI Colonial should be able to boost annual rental income by €200m to €500m after the inclusion of newly acquired peer Axiare, plus a number of (...)

Listed 23/04/2018

Spain's Colonial raises €650m after Axiare merger creates €11bn SOCIMI

Spain's Colonial becomes the nation's largest REIT/SOCIMI with 11bn AUM after it agreed a merger with peer Axiare following a takeover accepted by 87% of Axiare shareholders. Colonial (...)

Listed 26/03/2018

Portugal moving toward REIT start this year – EPRA/Iberian Property panel

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 (...)

Office 26/02/2018

Spanish office REIT Colonial 2017 net jumps 149%, recurring up 14%

Spanish office REIT/SOCIMI Colonial, which owns a majority in France's SFL, said attributable net profit last year, prior to its takeover of Madrid peer Axiare, jumped 149% (...)

Finance 12/02/2018

French REIT SFL, controlled by Spain's Colonial, boosts 2017 net by 36%

Société Foncière Lyonnaise, a Paris office REIT/SIIC controlled by Spain's Colonial group, raised 2017 EPRA earnings by 1.5% to €102.4m though attributable net profit surged more strongly - (...)

Finance 05/02/2018

Spanish REIT Colonial's takeover bid for peer Axiare declared successful

As expected after the board of Spanish REIT/SOCIMI Axiare approved a takeover offer by peer Colonial, a majority of its shareholders accepted by the (...)

Finance 30/11/2017

Spain's Colonial raises another €416m for Axiare bid in accelerated rights issue

Hard on the heels of an €800m bond issuance to help finance its €1.46bn bid for peer Axiare, Spanish REIT/SOCIMI Colonial has added another €416m to (...)

Finance 22/11/2017

Spanish Colonial’s bid for Axiare thrown into confusion as BoA, funds raise stakes

Spanish REIT Colonial’s takeover bid for peer Axiare has taken a confusing turn after Bank of America declared a 6.7% stake in the target, Boston fund Wellington (...)

Finance 14/11/2017

Spanish REIT Colonial in €1.2bn takeover bid for Madrid peer Axiare

Spanish REIT Colonial has boosted its stake in peer Axiare to 29% and is launching a full bid at €18.50 per share, pricing it (...)

Finance 01/10/2017

European public real estate in good shape, led by German resi, French/Spanish office

European public real estate markets are in good shape as our website goes live. German housing stocks are near highs, as are most of (...)