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European news

Housing 13/11/2018

German all-property prices slow to 7.3% in 3Q18 – Pfandbrief banks

German property price increases slowed in third quarter to 7.3% against 3Q17, decelerating from 8.3%yy in 2Q18 and 8.8% in 1Q18. But the Pfandbrief bank association (...)

Housing 13/11/2018

Why we acquired the SNCF/Vesta housing portfolio

Swiss Life Asset Managers and Ampère Gestion, a unit of French state institution CdC, were revealed last month as winners of the largest French (...)

Logistics 13/11/2018

UK's Marcol seeks more French warehouses after €500m sale to Blackstone

London-based private investment firm Marcol is back in buying mode for industrial assets in France after its portfolio sale in July to giant US (...)

Hospitality 13/11/2018

CBRE GIP, UK's Pygmalion add Spanish hotels for new Euro hospitality JV

CBRE Global Investment Partners and UK opportunistic hospitality manager Pygmalion Capital Advisers have acquired nine 4-Star city hotels in Spain for a joint venture (...)

Housing 13/11/2018

Primonial Luxembourg targets key European cities in housing strategy

French investment manager Primonial will focus its new Luxembourg-based housing fund on its home base Paris, plus Brussels, Amsterdam, Berlin, Frankfurt and Helsinki, Deputy (...)

Office 13/11/2018

UK's Reuben Brothers said leading bids for Spanish Santander's €3bn HQ

The British-based Reuben Brothers have made the highest offer for Spanish Santander Bank's massive Financial City HQ complex near Madrid worth over €3bn and (...)

Office 12/11/2018

Spain’s Colonial looks forward to organic growth after busy 2018

Spanish office REIT/SOCIMI Colonial, after a takeover and a readjustment of capital this year, is looking ahead to delivering organic growth with a rise (...)

Office 12/11/2018

US-based KKR sells €100m portfolio of French offices, phone centres

Giant US M&A specialist and asset manager KKR has sold a portfolio of 30 French offices and telephone centres for over €100m to Eternam, (...)

Housing 12/11/2018

Five buyers interested in Spanish Sareb's Témpore after €149m transfer

Spain's 'bad bank' Sareb said it has five interested parties in due diligence to buy its residential REIT/SOCIMI Témpore after transferring another 1,769 rental (...)

Finance 12/11/2018

Corestate launches €800m opportunity fund, adds €241m portfolio

Germany-focused Corestate Capital has launched an opportunity fund targeting €800m in opportunity assets, and has already acquired a €241m portfolio of seven properties for (...)

Retail 12/11/2018

South Africa's MAS acquires German Flensburg mall for €62.6m

South Africa's MAS Real Estate has acquired Flensburg Galerie, a 25,540 sqm shopping centre in the northern German city of Flensburg, paying €62.55m to seller Commerzbank. In (...)

Retail 12/11/2018

BNP Paribas REIM sells €125m Cube French retail portfolio

BNP Paribas REIM, the investment manager of the Paris-based global property adviser, has sold the CUBE portfolio of more than 113,000 sqm of French (...)

Office 09/11/2018

Skanska invests €170m in Warsaw Generation Park project

Swedish developer Skanska has invested €170m in the third phase of the Generation Park office project in Warsaw, a 38-storey building that will offer (...)

Finance 09/11/2018

Spain's Azora moves into alternative financing with first €300m fund

Madrid-based real estate manager Azora has created a partnership with Oquendo Capital to promote closed-end alternative finance funds aimed at projects or firms in (...)

Finance 09/11/2018

Colony unit NorthStar Realty Europe considers sale

New York-listed REIT NorthStar Realty Europe, a Colony Capital affiliate focused on office properties in Europe, has announced that its board of directors is (...)

Hospitality 09/11/2018

The rational for a pan-European hospitality strategy

Europe, the largest playground to gain exposure to hospitality 2017 was another record year for international tourism with 1.323bn visitors of which 51% came to (...)

Listed 09/11/2018

German TLG, under new mgt, raises 9mth FFO 43%, sees €133m for year

German listed firm TLG, in its first data release since replacing top management, reported first nine month FFO up by 43%yy and by 3.2% (...)

Office 09/11/2018

Italy's Generali makes 2nd Warsaw purchase in restored Jabłonowski Palace

Italy's Generali Real Estate, part of the Trieste-based insurance group, has made its second acquisition in Polish capital Warsaw in a few weeks - (...)

Housing 08/11/2018

Primonial Luxembourg in first new resi fund closing, investment

Primonial Luxembourg Real Estate, a firm set up by the Paris-based wealth manager to expand its European reach, has made the first closing of (...)

Finance 08/11/2018

AEW expands German platform with acquisition of Hypoport Invest

Real assets manager AEW has acquired Hypoport Invest, a unit of Berlin's listed Hypoport group, adding a German regulated capability to its pan-European investment (...)