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Housing 17/10/2018

Blackstone, Caixa, Sabadell are Spain's largest rental housing landlords

As real estate investment capital continues to pour into Spain, US investment giant Blackstone has become the nation's largest residential landlord with 32,000 homes, (...)

Housing 10/10/2018

France's CDC, backed by Germany's Vonovia, said winner of SNCF housing at €1.4bn

With a near €1.4bn bid, France's CDC Habitat, backed by two state pension funds and Germany's Vonovia, has won the 4,000-unit housing portfolio sold (...)

Finance 25/09/2018

Santander said in €3bn bid for own Madrid HQ; Blackstone stays out

Spain's Banco Santander has bid over €3bn to buy back its own HQ near Madrid in an off-market auction conducted by liquidators of the (...)

Listed 19/09/2018

After delays, Portugal cites January 2019 as start date for REITs

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 (...)

Finance 17/09/2018

Blackstone, Centerbridge said in €3bn bid for Santander’s Madrid HQ

In one of the biggest real estate deals this year in Spain, a consortium led by US funds Blackstone and Centerbridge is reportedly offering over €3bn (...)

Housing 17/09/2018

Blackstone takes control of Spain's Testa less than 2mths after flotation

US-based Blackstone has taken control of Spanish listed housing firm Testa less than two months after flotation, buying 50.01% in an offer for Merlin (...)

Logistics 12/09/2018

Blackstone to acquire 49-unit logistics portfolio from Starwood, M7

US investment management giant Blackstone has agreed to acquire a logistics portfolio comprising 49 assets held in the MStar Europe joint venture between US (...)

Office 11/09/2018

Schroder adds Frankfurt Pollux office tower for reported €230m

London-based Schroder Real Estate has acquired, on behalf of a joint venture, the 35,000 sqm Pollux office tower near Frankfurt's trade fair ground for (...)

Housing 11/09/2018

CBRE GIP, Madison invest €870m in 6.5k Spanish resi package

CBRE Global Investment Partners and Madison International Realty are jointly acquiring a 6,458-unit Spanish residential portfolio valued at €870m from Madrid's Azora group, which (...)

Logistics 07/09/2018

China reported to order divestment of Logicor stakes

China is reported to have ordered some investors in Blackstone's former European industrial property firm Logicor, saying the stakes violate regulations on overseas holdings. The report, (...)

Hospitality 06/09/2018

Spain's Azora eyes more hotel investments after Hispania sale to Blackstone

Azora, the Madrid-based investment manager that built and then sold Spanish REIT Hispania to Blackstone, aims to invest further in resort hotels but is (...)

Hospitality 06/09/2018

Airbnb more threat to rented residential than hotel sector - EPRA panel

Airbnb and other similar internet-based lodging platforms pose no real threat to the hotel industry but more to rented housing in the major cities, (...)

Finance 01/08/2018

European 1H RE investment slows to €110bn; should pick up in 2H - RCA

European real estate investment slowed 19%yy in the first half to €109.8bn as high prices led institutions to scale back, says New York-based research (...)

Hospitality 26/07/2018

Hong Kong-Shanghai's Gaw Capital enters Spanish hotels. Expect fireworks.

Spain, Portugal, Italy, Greece and France. Those are the markets where Hong Kong and Shanghai-based Gaw Capital aims to expand Spain’s Hospes hotels with (...)

Listed 23/07/2018

Blackstone €2bn bid for Spanish REIT Hispania succeeds at 74%

US investment management giant Blackstone has succeeded in its €2bn bid for Spanish REIT/SOCIMI Hispania, winning acceptances for 74.02% of equity, well over its (...)

Retail 23/07/2018

Spain's Merlin expands in Portugal paying €407m for Lisbon Almada mall

Spain's largest REIT/SOCIMI Merlin Properties has paid €406.7m to acquire from Blackstone the Forum Almada mall in Portugal across the Tagus River across from (...)

Logistics 19/07/2018

Spain's Lar sells logistics portfolio to Blackstone for €120m, 83% profit

Spanish REIT/SOCIMI Lar Espana has finalised sale of a logistics portfolio to US investment giant Blackstone. Reported by local media in negotiation for over €90m, the final (...)