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Office 18/09/2018

French Cegereal adds Paris office for €218m, plans €80m cap raise

French REIT/SIIC Cegereal, controlled by US firm Northwood Investors, has paid €218m to buy Passy Kennedy, a 23,615 sqm office in the 16th quarter of (...)

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 12/09/2018

GEG adds first office for Singapore GIC’s German value-add mandate

The private German Estate Group, which Tuesday announced a €275m Frankfurt tower purchase, has been mandated by Singapore sovereign fund GIC on a value-add (...)

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, (...)

Listed 30/07/2018

Paris office REIT Cegereal 1H EPRA earnings slip to €15m

Paris office REIT/SIIC Cegereal, controlled by New York-based Northwood Investors, reported a 1.6% first half fall in EPRA earnings to €14.7m on unchanged rental income (...)

Listed 18/07/2018

Germany's listed TLG replaces co-CEO duo with Overath, Klinck

Listed Berlin commercial real estate group TLG has suddenly dismissed its two chief executives Peter Finkbeiner and Niclas Karoff, and will replace them with (...)

Logistics 28/06/2018

Blackstone confirms purchase of five German logistics assets

US investment management giant Blackstone has confirmed that it was the buyer of a five-asset German logistics portfolio reported by the seller Prologis, totalling 157,645 sqm. A spokesman (...)

Hospitality 01/06/2018

AccorHotels 57.8% sale of AccorInvest unit to bring in €4.6bn

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 (...)

Housing 09/05/2018

Euro student housing projects to rise after 2017 investment rises 29% - C&W

European student housing investment increased 29% last year to €13.6bn as rising demand for global higher education continued to attract institutional capital, says global (...)

Finance 04/05/2018

Germany's TLG on track to double portfolio in office, retail – co-CEOs

TLG Immobilien, the Berlin-based listed group, is on track to double its portfolio, focusing on office and specialised retail property, say co-CEOs Peter Finkbeiner and Niclas Karoff. (...)

Listed 23/04/2018

German TLG shareholder Adar exits, Dayan converts to 22.5% direct stake

Major shareholdings in German listed TLG have shifted again. Hedge fund Adar has sold its entire 18.17% stake while another, Ouram controlled by Israeli investor Amir (...)

Hospitality 28/02/2018

French Accor agrees to sell 55% stake in hotel investment unit for €4.4bn

Giant Paris-based AccorHotels has agreed to sell 55% in its AccorInvest investment unit to institutions including Saudi Arabia's Public Investment Fund, Singapore's GIC, France's Credit Agricole Assurances and Amundi, and Colony NorthStar. (...)

Finance 19/02/2018

Shares in French Cegereal jump on 2017 results, special div; eyes capital raise

Shares in Paris office REIT/SIIC Cegereal, controlled by US firm Northwood, jumped 8% Friday after it reported 2017 IFRS net profit up by 51% (...)

Hospitality 13/02/2018

After €550m Paris Westin buy, Henderson Park eyes more across Europe

Following its €550m acquisition of the Westin Paris-Vendome last year, its second luxury Paris hotel buy, private equity firm Henderson Park is looking for more across (...)

Finance 26/10/2017

Cegereal CEO Tréguier exits after differences on strategy with board

The controlling shareholders in French REIT/SIIC Cegereal have terminated the contract of long-time CEO Raphael Tréguier, effective immediately, due to differences on strategy, the company said, confirming (...)

Finance 12/10/2017

Dear Japanese investors: If you don’t come to Europe now, forget it until the next cycle

They’ve been setting up, restructuring, researching and laying plans for years, but Japanese investors are not yet in European mainland real estate. Why? My (...)

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 (...)