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European news

Finance 18/06/2018

UK's Revetas, Goldman buy CEE's €450m Trigranit group from TPG

London-based real estate private equity group Revetas Capital, together with Goldman Sachs funds, has acquired east European developer TriGranit from the US firm TPG Real Estate at an asset value of (...)

Retail 18/06/2018

Warsaw's EPP pays €91m for first mall in Poznan at 7.30% yield

Warsaw's listed EPP, formerly Echo Polska Properties, is acquiring its first asset in the western Polish city of Poznan, paying €91.1m for the King Cross Marcelin Shopping (...)

Logistics 18/06/2018

Blackstone said in final stage of buying €90m logistics assets from Spain's Lar

US investment management giant Blackstone, in the middle of a takeover bid for Spain's Hispania, is finalising acquisition of a Spanish logistics portfolio owned by another (...)

Listed 18/06/2018

Finnish rental homes firm Kojamo says oversubscribed IPO values it at €2.1bn

Finnish rental housing firm Kojamo said its IPO has been oversubscribed at a final offering price of €8.50 per share, valuing the firm, which owns 36,000 (...)

Housing 18/06/2018

Corestate targets €2.4bn micro-living AUM in Germany, Europe

Listed German property specialist Corestate Capital, plans to invest €2.4bn in micro-living in Germany and throughout Europe through end-2019, and said it has already deployed (...)

Housing 15/06/2018

French CDC Habitat takes stake in 63,000-unit northern social housing firm

CDC Habitat, the housing manager of French state financing institution CDC and partner of Germany's giant Vonovia group, is to take a 34% stake in Maisons (...)

Logistics 15/06/2018

UK Tritax EuroBox IPO targets £300m for Euro logistics; eyes €600m AUM

British logistics REIT Tritax Big Box has launched a £300m initial public offering for a separate firm, Tritax EuroBox, to target continental European logistics. It is (...)

Logistics 15/06/2018

US tech giant Google said buying 70ha in Netherlands to expand data centres

US tech giant Google, part of the Alphabet group, has acquired 70ha. of land in the Netherlands for data centres after earlier committing €500m (...)

Listed 15/06/2018

Vienna's Immofinanz announces reverse 10:1 stock split

Vienna-based listed real estate group Immofinanz has announced a 10:1 reverse stock split, a move formerly approved in the shareholder meeting and reducing outstanding shares to (...)

Listed 15/06/2018

German listed Consus in €300m capital raise to aid growth, acquisitions

Berlin's Consus Real Estate, floated in Frankfurt last year and expanding fast, is launching a capital increase of up to 39.9m shares to raise gross (...)

Hospitality 15/06/2018

Dutch hotel group CitizenM acquires Paris Champs-Élysées site for €80m

The Dutch boutique hotel group CitizenM has paid €80m for a 4,500 sqm site on the prestigious av. des Champs-Élysées in Paris from French developer Faure (...)

Housing 14/06/2018

German May house prices up 6.3%yy but signs of slowdown emerge - Europace

German house prices held steady at 6.29%yy in May but signs of a slowdown emerged, according to the Europace house price index of Berlin's Hypoport group. Standing stock (...)

Hospitality 14/06/2018

Swedish listed Balder enters Germany, paying €58m for seven hotels

Swedish listed real estate group Balder has made its first investment in Germany, paying €58m for seven hotels, two of which in Berlin, and says the (...)

Health / Senior 14/06/2018

Belgian REIT Cofinimmo pays €172m for 17 German care homes at 5.5%

Belgian REIT Cofinimmo said it has signed to acquire 17 German nursing and care homes for €172m in a deal done at an initial gross rental (...)

Listed 14/06/2018

Globalworth Poland raises €450m in equity from parent, S.African Growthpoint

The Polish affiliate of AIM-listed eastern Europe real estate group Globalworth has raised €450m in fresh equity via a private placement with its parent, and senior (...)

Hospitality 14/06/2018

Paris region signs accord with Alibaba to boost Chinese tourism

The Paris Ile-de-France region has signed an agreement with the online travel platform of Chinese e-commerce giant Alibaba aimed at helping tourists from the People's Republic, who have (...)

Listed 14/06/2018

US Apollo, Wecken conversion of German DEMIRE bonds raises bid prospects

US investment firm Apollo and the Wecken Group, the two major shareholders in Germany's DEMIRE Deutsche Mittelstand Real Estate, have converted a €10m bond into equity which (...)

Finance 14/06/2018

Munich's Real I.S. launches special RE fund targeting €1bn in Europe

Munich's Real I.S., the real estate fund manager of German savings bank BayernLB, has launched a new office special fund targeting €1bn in office assets, with (...)

Office 13/06/2018

Germany's Corpus Sireo, part of Swiss Life, is latest to enter Finland, at €28m

Germany's Corpus Sireo Real Estate, part of Swiss Life Asset Managers, has become the latest major foreign fund to enter Finland, paying €28m for a commercial (...)

Listed 13/06/2018

Blackstone's Hispania approval moves Spanish tax income offshore - El Confidencial

The Spanish financial regulator CNMV has approved the takeover bid by Blackstone for hotels REIT Hispania. If successful, the firm will be taken private and all profits will move (...)