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European news

Listed 31/01/2019

TLG shareholder drops EGM request aimed to change supervisory board

The largest shareholder of Berlin's listed TLG, Ouram Holding, has withdrawn a request for an extraordinary shareholder meeting, aimed to make deep changes to the (...)

Retail 31/01/2019

Savills IM enters outlet sector with €300m French acquisition

Savills Investment Management has acquired, for around €300m, two McArthurGlen designer outlet centres, located in the French cities of Troyes and Roubaix. The assets were purchased from (...)

Finance 31/01/2019

As Brexit nears, more UK RE funds seek German, Luxembourg partners

With a no-deal Brexit becoming increasingly likely, more and more British property fund managers are seeking cooperation with German or Luxembourg providers to tap (...)

Office 31/01/2019

CEE real estate investment smashes record at €13bn due to Poland

Real estate investment in central Europe soared 11% last year to €13.23bn, easily smashing records but mainly propelled by a sharp rise in Poland, (...)

Finance 31/01/2019

French Treasury launches real estate research project

The French Treasury has launched a new commercial real estate research project together with the Louis Bachelier Institute, fund association ASPIM, and iread, an associate firm of the (...)

Logistics 31/01/2019

Munich's RLI boosts logistics real estate AUM to €800m

Munich-based logistics fund manager RLI Investors boosted assets last year 37% to around €800m and expects to add more assets soon, currently in due diligence. RLI, which (...)

Finance 30/01/2019

German Union Investment adds €2.3bn to pass €40bn RE holdings in 2018

Germany’s Union Investment added €2.3bn to real estate holdings last year to take managed assets past €40bn for the first time. Half of all (...)

Housing 30/01/2019

Austria's EHL launches resi portfolio auction, seeking €120m

Austrian real estate adviser EHL has launched a sales auction for a large residential portfolio with a total area of 45,350 sqm, mostly in (...)

Office 30/01/2019

Italy real estate investment drops to €8.6bn in 2018

Commercial real estate investment in Italy dropped in 2018 to €8.6bn from €11bn in 2017, with the second half performing better than the first, (...)

Listed 30/01/2019

Portugal launches 14th European REIT regime from 1 February

After its official signing into law, Portugal is to introduce REITs legislation from 1 February in a regime called SIGI (Sociedades de Investimento e (...)

Finance 30/01/2019

Germany's Deka makes good start to 2019 after 2018 rise to €36bn AUM

With net private investor inflows exceeding €800m year to date, Germany's Deka Immobilien said it made a good start to 2019 after last year (...)

Logistics 29/01/2019

€440m Grand Paris Express contract awarded to European group

Worth €440m, the first civil contract for constructing a part of line 17 of the Grand Paris Express rail network in preparation for the (...)

Hospitality 29/01/2019

US Oaktree said close to acquiring 16 hotels from Italian fund

US private equity group Oaktree is said close to winning a portfolio of 16 Italian hotels worth €300m from fund manager Castello Sgr, and (...)

Logistics 29/01/2019

KKR, Round Hill target 400k sqm S.Europe logistics in new JV

US firms KKR and Round Hill have entered southern European logistics in a new joint venture, starting with four Spanish assets, which targets a (...)

Finance 29/01/2019

French Primonial said put up for sale by London's Bridgepoint

French investment manager Primonial, which manages around €15bn in real estate, is reported to be up for sale by its owner, the London-based private (...)

Office 29/01/2019

France 2018 real estate investment hits record at €32bn

Commercial real estate investment in France last year rose by around 12% from 2017 to reach as high as €32bn, a clear record, according (...)

Listed 29/01/2019

Austria's S Immo expects 2018 net significantly above 2017

Austrian listed property group S Immo, the focus of open takeover intentions by larger peer Immofinanz, said it expects consolidated 2018 net income to (...)

Office 28/01/2019

Warsaw office lettings hit record 860,000 sqm; vacancy plunges to 8.7%

Office space lettings in Polish capital Warsaw hit a record at nearly 860,000 sqm last year, sending the vacancy rate plunging to 8.7% of (...)

Housing 28/01/2019

French 2018 home building slows; starts fall below 400,000

Residential construction in France slowed sharply in 2018 after two years of steady growth, with housing starts falling below 400,000 while building permits also (...)

Housing 28/01/2019

Spanish pre-owned home prices up 7.8%, fastest in 12 years

The price of pre-owned homes in Spain rose 7.8% in 2018, the fastest value growth in 12 years, according to housing portal and agent Fotocasa.  In (...)