UK-based Principal Real Estate Europe has launched its first long-income-focused European real estate fund, targeting €800m in the initial five years, and acquired its (...)
Austria's CA Immobilien has disposed of just over 4m shares in Austrian peer Immofinanz, around 4.0% of the latter's equity, worth an aggregate value (...)
London-headquartered shopping centre specialist Pradera is opening a French office and has appointed former Redevco executive Joëlle Yarhi as director to expand French activities. Yarhi (...)
In a further portfolio rejig, French REIT Gecina is buying the 34,000 sqm Carreau de Neuilly building in Paris for €306m and selling two (...)
In an off-market transaction Commerz Real has sold Hotel de Rome in Berlin to Caleus Capital Partners, an investment partnership of Caleus and Singapore (...)
French President Emmanuel Macron has dropped support for the Europacity megacomplex of leisure and shopping facilities north of Paris, which he now considers outdated. Confirming information from (...)
London-based real estate investment manager Tristan has acquired two Dutch warehouses in a first step towards assembling a logistics platform of at least €150m (...)
US investment manager PGIM, together with the German DeWAG group, has acquired a residential complex in Frankfurt-Sachsenhausen holding 382 units. The seller is a family office from Munich, (...)
German listed real estate manager Patrizia has acquired a further residential asset in Danish capital Copenhagen, taking total housing assets under management to some (...)
Paris-based REIT/SIIC Gecina has finalised the sale of a French hotel portfolio to Angelo Gordon and the EQ Group, based on a valuation of (...)
Swiss Life Asset Managers has launched the open-ended mutual property fund Swiss Life REF (DE) European Living to be distributed by Deka Bank, aiming (...)
Berlin's TLG Immobilien boosted the value of its properties by 11.5% in the first nine months to €4.58bn, and reiterated that its merger with (...)
House prices in Spain moderated in October to an average 3.8%yy as against 4.8% in September, and holding up best in the Balearic and (...)
The new Berlin rental cap, due to take effect from February, is likely to face many legal challenges as being unconstitutional under state or (...)
European real estate demand held positive in third quarter, bringing positive rental growth and further yield compression, says adviser Cushman and Wakefield. In its latest (...)
Amid a growing trend for private capital to buy into listed real estate, Spain's REIT/SOCIMI Arima has won a €60m subscription offer from Canada's (...)
In a further sign of strong demand from Asia for European real estate, the Chinese hotel group Huazhu is paying around €700m to take over Germany's Steigenberger Hotels. A (...)
Commerzbank's property unit Commerz Real is maintaining its fast pace of acquisitions, paying €162m in a sale-leaseback for Hotel Maritim in Düsseldorf's Airport City. The purchase, involving (...)
Institutional investors plan to significantly expand holdings in infrastructure and renewable energies in the coming three years, says a new study by Germany's Commerz Real. Made in (...)
Deka Immobilien, part of Germany's savings bank system, has acquired a core-renovated historical office and retail property in the heart of Rotterdam for €64m. Sold (...)
© Business Immo 2019
