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AXA Investment Managers - Real Assets

Hospitality 09/10/2019

European hotel investment rises 4.3%yy to €16bn, driven by foreign buyers - Savills

European hotel investment remains robust in 2019, reaching nearly €16bn in the year to date, up 4.3%yy, with investor appetite still driven by international (...)

Office 07/10/2019

France's AXA IMRA completes €900m purchase of NorthStar Realty Europe

France's AXA IM - Real Assets has completed its €900m purchase of the entire share capital of NorthStar Realty Europe, which holds €1.1bn of (...)

Hospitality 27/09/2019

US Principal Real Estate sells 11 European city centre hotels for €545m

The US Principal Real Estate group has sold the remaining 11 city centre hotels in Europe from its first German Special Fund to AXA Investment Managers (...)

Hospitality 23/09/2019

France's Gecina, BNP Paribas RE drop bid to build Paris 2024 Olympic village

French REIT/SIIC Gecina and BNP Paribas Real Estate are dropping their joint bid to construct the future athletes' village for the Paris 2024 Olympics. The (...)

Housing 16/09/2019

AXA IM-RA pays €77m to acquire 216-unit Barcelona housing project

Paris-based AXA Investment Managers-Real Assets has acquired a 216-unit residential project in Barcelona, Spain, paying €77m in a forward purchase deal. The site has been (...)

Retail 28/08/2019

French 2Q retail investment falls 24%qq to €550m but household morale seen good

Investment in French retail property fell by 24% between the first and second quarters to €550m, taking total in 1H19 to €1.3bn but household (...)

Retail 29/07/2019

AXA IM-RA purchases stakes in Paris retail-based assets for total €676m

Giant Paris-based asset manager AXA IM-RA has added stakes in two Paris retail-based assets, Italie Deux and Passage du Havre, for a total investment of €676m. The (...)

Hospitality 18/07/2019

Paris-based AXA IM-RA makes 5th Amsterdam hotel acquisition

Paris-based AXA Investment Managers-Real Assets has made its fifth Amsterdam hotel acquisition, purchasing the DoubleTree by Hilton at the Dutch capital's central station. In a (...)

Office 15/07/2019

Germany's KanAm said acquiring state-let Barcelona offices for €100m

Germany's KanAm Grund group has paid around €100m to acquire eight office buildings in Spain's second city Barcelona, all leased to the Catalonian government, local media (...)

Office 04/07/2019

Korean Mirae, French Amundi confirm Paris La Défense Majunga buy

Korea's Mirae Asset Daewoo and France's Amundi Real Estate have confirmed their purchase of the 67,036 sqm Majunga tower in Paris La Défense, advised by Deloitte. Mirae Asset Daewoo (...)

Office 04/07/2019

AXA's $900m NYSE-listed Northstar takeover seeks euro office assets

Paris-based AXA Investment Managers is acquiring NYSE-listed European office investor NorthStar Realty Europe for around $900m, mainly for its assets on behalf of clients. In (...)

Hospitality 02/07/2019

“Covivio has acquired a stake in 32 Accor hotels with significant value creation potential”

Business Immo: What does Covivio Hotels unit represent today? Dominique Ozanne: Today, Covivio's hotel business represents €6bn in assets, representing around 15% of our revenues. This activity (...)

Office 27/06/2019

Invesco wins Frankfurt's Welle office complex, paying seller AXA IMRA €620m

In one of the most eagerly awaited and biggest deals in Germany, US manager Invesco has won the bidding for Frankfurt's Welle office complex, (...)

Housing 11/06/2019

AXA IMRA pays €174m for 396-unit housing portfolio in Copenhagen

Paris-based AXA IM-Real Assets has paid €174m to acquire a 396-unit residential portfolio in the new city-centre housing project Bellakvarter in Danish capital Copenhagen. The four-asset portfolio comprises (...)

Logistics 24/05/2019

GreenOak, Apeiron, Hana, Tiger JV adds 340,000 sqm German logistics package

Another major player has entered German big box logistics. London's GreenOak and Apeiron, together with Korea's Hana and Hamburg's Tiger, have acquired a 340,000 (...)

Finance 04/04/2019

INREV attendees see W. Europe as best €1bn investment, UK in the long run

With €1bn to invest over 10 years, 36% of attendees at the INREV conference voted western Europe as the best target region. Britain was (...)

Office 22/03/2019

Korean investors comb Paris La Défense after Mirae snaps up URW's Majunga for €850m

South Korean investors are watching Paris La Défense closely after news Unibail-Rodamco-Westfield has sold the Majunga tower to Seoul-based Mirae Asset Daewoo for €850m. The deal raises (...)

Finance 08/03/2019

AXA IM-RE ends 2018 with €82bn AUM, to continue global expansion

AXA Investment Managers - Real Assets made €15.2bn of transactions last year, ending with €82bn AUM, and will continue to expand globally, stressing alternatives, value-add (...)

Logistics 01/03/2019

AXA, Sirius RE form business parks JV with €168m seed portfolio

AXA Investment Managers-Real Assets and listed Sirius Real Estate are forming a joint venture in German business parks starting with a seed portfolio of (...)

Finance 15/01/2019

AXA IMRA raises €643m for its second pan-european value-added venture

AXA Investment Managers - Real Assets has raised €643m for its second pan-european value-added venture (PEVAV II) from a global institutional investor base. Exceeding the (...)