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European news

Housing 18/06/2019

German housing price growth accelerates over 9% in May - Europace

German residential prices accelerated to just over 9%yy in May from below 8% in April, propelled by a 10% rise in the cost of (...)

Health / Senior 18/06/2019

French Korian adds six Mallorcan residences to strengthen Spanish platform

Paris-based care property specialist Korian has acquired Grupo 5, a firm owning six residences on Mallorca, taking its Spanish platform to 15 with 2,160 beds five (...)

Housing 18/06/2019

UK's Amro raises Iberian student resi target to €500m after first acquisitions

UK student housing specialist Amro Real Estate Partners has raised its target for investment in Iberia to €500m from €300m after first acquisitions in Spain. In response (...)

Office 18/06/2019

France earmarks €450m for digital co-working 'third spaces'

France is to deploy up to €450m to promote and create co-working 'third spaces' which will support remote working and boost digital expertise, particularly (...)

Office 18/06/2019

Signal Iduna's Hansainvest pays €135m for office project in Helsinki

Hamburg's Hansainvest Real Assets, fund management unit of insurer Signal Iduna, has paid €135m for an office property in Helsinki developed and sold by Sweden's Skanska. The (...)

Finance 17/06/2019

German investment in Scandinavian real estate exceeds €1bn, still growing

Scandinavian real estate becoming more attractive for German investors, with over €1bn ($1.34bn) in a record 12 investments flowing into the region last year, (...)

Listed 17/06/2019

Swedish Balder's €75m diversified Gothenburg buy fits well, says founder

Swedish listed Balder has paid SEK800m (€75m) for a 55,000 sqm property package in its Gothenburg base which, founder Erik Selin told BIE, fits (...)

Finance 17/06/2019

Sweden's Genesta wins €334m in first closing for third value-add fund

Sweden's private property fund manager Genesta has made the first closing of its third value-add fund with commitments of €334m, all secured from investors in its (...)

Finance 17/06/2019

Munich's Expo Real 2019 to add 7th hall, focused on innovation/technology

Munich's Expo Real trade fair, a fixture in the European real estate calendar which last year welcomed over 45,000 visitors, is to add a (...)

Logistics 17/06/2019

Tritax EuroBox adds asset near Frankfurt for €51m, 4.75% net yield

Tritax EuroBox, the UK REIT specialised in mainland Europe logistics, has acquired a prime modern logistics facility near Frankfurt for a total €50.6m, a net (...)

Office 17/06/2019

Augsburg's Patrizia sells four office/resi assets in Copenhagen for €50m

Augsburg-based Patrizia has sold four mixed-use office and residential properties in Copenhagen for €50m for its Patrizia Nordics Cities Fund to Danish listed group Jeudan. The (...)

Office 17/06/2019

Aberdeen Standard pays €98m for Barcelona tower as fund passes €1bn AUM

UK-based Aberdeen Standard has paid €98m for Torre Auditori in Barcelona, the largest asset to date in its Aberdeen European Balanced Property Fund which also passed (...)

Logistics 17/06/2019

At €480m, Blackstone, Prologis said leading bid for Colonial's Spanish logistics

US firms Blackstone and Prologis are reportedly leading the bid for the Spanish logistics portfolio being sold by listed group Colonial, with bids running (...)

Housing 14/06/2019

Aberdeen Standard, Sweden's Ailon to develop 5,000 Nordic student, co-living units

Britain's Aberdeen Standard Investments and Swedish developer Ailon are to bring to market around 5,000 student and co-living residential units in the Nordics over the next (...)

Listed 14/06/2019

Gazit Globe’s Citycon sells NREP two Finnish malls for €77m

Helsinki-based Citycon, part of the Gazit Globe group, has signed an agreement to sell two shopping centres in Finland for €77m to Nordic real (...)

Hospitality 14/06/2019

Accor to sell Polish Orbis plus €1.18bn real estate, buy its contracts business for €286m

Just months after boosting its stake in Poland's Orbis hotels, Paris hotel giant Accor is to sell its €1.18bn in real estate, buy its (...)

Listed 14/06/2019

Austria's Immofinanz acquires Warsaw Spire Tower for €386m

Austrian listed property group Immofinanz is acquiring the 220 m. Warsaw Spire Tower in the Polish capital for €386m from Belgium's Ghelamco and US-based (...)

Listed 14/06/2019

Top management of Berlin's ADO to leave as Dayan family takes control

Berlin's ADO Properties has become the second German property firm after TLG to be taken control of by the Israeli Dayan family. Its top management, including (...)

Housing 13/06/2019

Berlin's proposed residential rental price cap from January seen unconstitutional

The introduction of a rental price cap on Berlin housing next year, which includes a five-year rent freeze, is unconstitutional, says legal practice Greenberg (...)

Office 13/06/2019

UK's Catalyst pays €100m for office buildings in Toulouse, let to Airbus

UK-based investment manager Catalyst Capital is paying €100m to acquire four office buildings in the southern French city of Toulouse, all let to European aeroplane-maker (...)