New York's Ares is becoming more active in European property, announcing the purchase of a German office with France's EDF and said to be (...)
Recurring net profit for Spanish REIT/SOCIMI Colonial surged 22% to €101m in 2018 and its portfolio revalued by the same amount to €11.35bn after a (...)
After years of delay, Portugal has announced introduction of REIT status in line with regimes around Europe – to be called a SIGI (Sociedades (...)
After several delays, Portugal is planning to introduce REIT legislation in January for all real estate asset classes and will finalise details before year end, says (...)
Swiss Life REIM has entered Spain with a debut property deal involving three retail assets acquired from Madrid-based investment manager Corpfin Capital for €83m. The (...)
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 (...)
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 (...)
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 (...)
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% (...)
Spanish housing group Testa, being prepared for an IPO in the next few months, is to make a capital increase of €89m for subscription by (...)
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 (...)
Spanish REIT/SOCIMI Merlin Properties intends to float housing affiliate Testa Residencial on the stock market before summer to become the nation's first listed residential investor, CEO Ismael Clemente says. Its (...)
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 (...)
Spain's largest REIT/SOCIMI Merlin Properties reported a 89% surge in 2017 net profit to €1.1bn, with FFO up 31% at €289m, though per share FFO rose (...)
Shares in Madrid-based residential developer Metrovacesa, one of the biggest casualties of Spain's recent recession, fell in trading Monday to €15.27, below its IPO price (...)
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 (...)
The Spanish-based NH Hotel Group has rejected an unsolicited €2.5bn takeover bid from resort hotel group Barcelo, saying it would not create shareholder value (...)
The takeover bid by Spain's REIT/SOCIMI Colonial for its smaller peer Axiare Patrimonio remains on track after Axiare's board voted in favour and its CEO said he will (...)