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European news

Office 20/12/2019

Patrizia pays €190m for Brussels package including iconic Louise Tower

German listed investment manager Patrizia has paid €190m to acquire the iconic Louise Tower in Brussels as part of a 65,000 sqm portfolio of (...)

Green 20/12/2019

"We need to find more effective ways to contain the global temperature rise"

Business Immo: Foster + Partners has developed a method for assessing carbon emissions of buildings. Why did you take this initiative? David Nelson and Chris (...)

Finance 20/12/2019

France's Palladio, Fabrique de la Cité, Inst. Montaigne launch new urban forum

France's Palladio Foundation, together with La Fabrique de la Cité and Institut Montaigne, are launching the University of the City of Tomorrow forum, with (...)

Housing 20/12/2019

La Française adds first coliving property, in Marseille

Paris-based La Francaise Real Estate Managers has acquired a mixed-use property in Marseille, the first building in France fully dedicated to coworking and coliving. Giving no (...)

Office 20/12/2019

Warsaw 2019 office investment to hit record €3.6bn as take-up booms

Warsaw's office market is likely to hit a record €3.6bn of investment this year as take-up booms, reaching levels that outstrip even developed European (...)

Office 20/12/2019

Romania-based Globalworth adds Polish Kraków office complex for €134m

Romania-headquartered Globalworth has added a further asset in Poland, the Podium Park office complex in Kraków for which it will pay a maximum €134m, (...)

Health / Senior 20/12/2019

Icade's healthcare unit completes €315m acquisitions in France, Germany, Italy

The healthcare unit of French REIT/SIIC Icade has completed acquisitions in its home market, and in Germany and Italy worth a total €315m to (...)

Finance 20/12/2019

French Primonial reorganises capital to boost internationalisation, expansion

French investment manager Primonial, one of the nation's biggest real estate investors, has reorganised its capital to accelerate internationalisation and the expansion of its product range.  Long-time shareholders Bridgepoint (...)

Retail 20/12/2019

Tristan's Amsterdam retail sales takes Dutch 2019 disposals over €120m

London-based Tristan Capital has sold two convenience shopping centres in Amsterdam to domestic institution Altera Vastgoed, taking total Dutch disposals this year to just over (...)

Office 19/12/2019

Stockholm's Genesta sells prime office in central Copenhagen for €190m

Stockholm private real estate investment manager Genesta has sold a prime office property in central Copenhagen for DKK1.42bn (€190m) to Swedish listed Klövern. The asset, located at Kalvebod Brygge (...)

Housing 19/12/2019

German listed Corestate, US Bain agree €500m Polish student housing partnership

German listed Corestate Capital has agreed a €500m financing and coinvestment partnership in Polish Micro-Living with Bain Capital aimed at converting properties into student housing. Bain Capital (...)

Housing 19/12/2019

Elements in place for German home price rises to continue in 2020 - Europace

Further German house price increases are likely in 2020 since all elements boosting values remain in place, according to home price index provider and (...)

Office 19/12/2019

German Union Investment adds 4th Helsinki asset for €148m

German Union Investment has extended its portfolio in Finland, adding an 8,300 sqm retail and office property in Helsinki city centre, its 4th asset in (...)

Finance 19/12/2019

Cushman & Wakefield to acquire France's Réponse to complement business lines

Adviser Cushman & Wakefield's is to acquire Réponse, one of France's leading design & build firms, aiming to combine integrated design and building services in (...)

Listed 19/12/2019

Aroundtown, TLG launch second giant merger in German listed real estate in days

Days after launch of a giant three-way merger in German listed property, another has started: Aroundtown has won clearance to tender for counterpart TLG (...)

Finance 18/12/2019

German Proptech Architrave names Smallwood as COO, board member

The German PropTech group Architrave has appointed English national Ashley Smallwood as new Chief Operating Officer, and member of the Executive Board. Before joining Architrave, Smallwood was (...)

Housing 18/12/2019

France's Réalités enters talks with Cap'Études operator of student residences

France's Réalités Group has entered exclusive negotiations with the shareholder and founding partner of Cap'Études, an operator of student residences, with the intention to (...)

Logistics 18/12/2019

Germany's Union applies to acquire €800m logistics fund from Garbe

Germany's Union Investment has applied for clearance to acquire Logistrial Real Estate, an €800m logistics fund currently owned and managed by Hamburg's Garbe group. A note in (...)

Finance 18/12/2019

AXA IMRA appoints Lavergne as Global AM head, Rauly at head of fund mgt

Paris-based AXA IMRA has appointed Laurent Lavergne as Global Head of Asset Management & Development, naming Timothé Rauly as sole Head of Fund Management. The changes result largely from the (...)

Office 18/12/2019

N A S Invest adds first German project, 99 West in Frankfurt, for €265m

Investment manager N A S Invest has acquired its first development project in Germany, 99 West in Frankfurt from BNP Paribas Real Estate Property (...)