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European news

Logistics 09/09/2019

Germany's Patrizia adds new logistics warehouse near Saint-Étienne, France

Listed German investment manager Patrizia has acquired a new logistics warehouse in Andrézieux-Bouthéon, north of Saint-Étienne, France, for one of its pan-European funds. The Augsburg, (...)

Housing 09/09/2019

Spanish 2Q house price growth slows to 5.3%, sales fall sharply

Spanish house price growth slowed to 5.3%yy in second quarter, moderating from 6.8% in 1Q19, while sales also fell in June at their fastest (...)

Finance 06/09/2019

European 1H RE investment slips 13% to €102bn, but yields unlikely to rise

First half European real estate investment slipped 13%yy to €101.8bn, but despite slower growth, yield declines show little sign of reversing, says BNP Paribas (...)

Listed 06/09/2019

French Atland to pay €40m to acquire housing development arm in restructuring

French REIT/SIIC Foncière Atland is to pay €40m to take over its housing development arm, in a group restructuring aimed to strengthen its position as a global (...)

Office 06/09/2019

Skanska sells Polish Wroclaw, Krakow office projects to Credit Suisse for €214m

Credit Suisse Asset Management has paid €214m to acquire two Polish office projects from Skanska, the 22,800 sqm Nowy Targ in Wroclaw and 37,500 sqm High5ive (...)

Finance 05/09/2019

Deutsche's DWS revises up Euro real estate outlook due to occupier demand, yields

With occupier demand robust and negative yields returning, Deutsche Bank investment management affiliate DWS has revised up its outlook for European real estate. Office, logistics (...)

Office 05/09/2019

Madrid 1H office take-up jumps 25%yy to highest in 12 years

Take-up in Madrid’s office market reached 355,800 sqm in first half 2019, the highest recorded in 12 years and up 24.6% from 1H18, according (...)

Housing 05/09/2019

Catella raises €90m for Euro residential fund to diversify into new segments

The Sweden-based Catella group has raised €90m for its Catella European Residential I housing fund, launched in 2007, with the aim of diversifying into (...)

Finance 04/09/2019

CEE attracts €5.5bn 1H real estate investment; full year could outstrip 2018's record

First half real estate investment across central and eastern Europe rose over €5.47bn, and volumes this year may even outperform 2018's record €13.23bn, says (...)

Finance 04/09/2019

French 1H non-listed property fund inflows surge 56%yy to €5.5bn

The enthusiasm of French savers for real estate investment continued unabated in first half 2019, with a 56%yy rise in inflows to SCPI and OCPI non-listed (...)

Finance 04/09/2019

Mokrane joins Germany's Patrizia as Head of Investment Strategy & Research

German listed real estate investment manager Patrizia has appointed Mahdi Mokrane as new Head of Investment Strategy & Research. The Augsburg-based firm said Mokrane will join Patrizia in due (...)

Housing 04/09/2019

Spanish house price growth slows to 2.8yy in August

Average housing price growth in Spain in August slowed to 2.8%yy from 4.5% in July, but fell by around 0.8% over the prior month, (...)

Listed 04/09/2019

Jacques Ehrmann buys €5m Altarea Cogedim shares after taking CEO post

Jacques Ehrmann, named CEO of French REIT/SIIC Altarea Cogedim in July, has acquired a package of 25,000 shares in the firm worth nearly €5m. The purchase was made (...)

Housing 04/09/2019

Starwood Capital enters Finland, adding a 2,200-unit rental housing portfolio

US-based Starwood Capital has made its first investment in Finland, acquiring a 2,200-unit rental residential portfolio together with local housing firm Avara for an undisclosed price. The (...)

Hospitality 03/09/2019

Spain's Azora, Palladium form 75/25 resort hotel JV, eyeing €500m investments

Madrid investment manager Azora is partnering with Palladium Hotel​​​​​​​s in a €500m JV in Mediterranean resort hotels, starting with €115m purchase of three assets, (...)

Logistics 03/09/2019

Castellum wins letting at Gothenburg's Säve Airport from e-plane developer

Swedish listed group Castellum has won an 1,800 sqm letting at Säve Airport, acquired last December, from Heart Aerospace, an electric aircraft start-up company. CEO Henrik Saxborn (...)

Logistics 03/09/2019

“Our SIRE joint-venture will have €2bn of total firepower”

Business Immo: How did your partnership come about? Christian Bearman: Arrow Capital Partners is a private investor and operator in real estate which has backing from one (...)

Office 03/09/2019

Singapore family office Pacific Eagle said paying €350m for Munich's 'Ludwig'

Pacific Eagle, a Singapore family office advised by the KanAm Grund group, has acquired the 27,000 sqm Ludwig office building in Munich for a price reported at (...)

Retail 03/09/2019

UK's Hammerson, Dutch APG boost holdings in VIA Outlets to 50% each

UK REIT Hammerson and Dutch pension fund manager APG have increased their holdings in European outlet centre owner-operator VIA Outlets, and now own 50% each. London-based VIA (...)

Listed 03/09/2019

ICAMAP protests Gazit Globe's takeover of Atrium European, saying far undervalues firm

Investment manager ICAMAP has written to stakeholders in listed CEE retail group Atrium, saying the take-private moves of major shareholder Gazit Globe far undervalue the firm. The (...)