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European news

Housing 17/01/2019

Stam France IM pays €110m for two Paris residential buildings

The Opéra residential real estate fund, launched in last December and managed by French investment manager Stam France Investment Managers, has paid  110 M€ (...)

Hospitality 17/01/2019

French Covivio completes disposal of non-strategic assets worth €482m

French REIT/SIIC Covivio has announced the sign-off of disposals worth €482m relating to budget hotels and retail assets. In a release, the Paris-based group said (...)

Retail 17/01/2019

Catalyst Capital pays €194m for retail and office assets across Europe

Catalyst Capital, a UK-based European real estate investment and fund management firm, has completed the acquisition of €194m of retail assets in Sweden, Germany (...)

Office 16/01/2019

"Ivanhoé Cambridge wants to build a true real estate investment platform in Europe"

Ivanhoé Cambridge, the real estate investment arm of Quebec-based pension fund manager Caisse de dépôt et placement du Québec (CDPQ), signed last year the (...)

Housing 16/01/2019

France’s CDC Habitat is reorganizing by merging several entities

France's CDC Habitat, the housing firm of state financial institution Caisse des Dépôts, has initiated the implementation of its "Trajectoire 2022" transformation plan, resulting (...)

Office 16/01/2019

Germany’s Commerz Real acquires high-rise office complex in Helsinki

German asset and investment manager Commerz Real has acquired the high-rise complex “Tripla Workery”, in Helsinki, for its open-ended real estate fund Hausinvest. The (...)

Logistics 15/01/2019

Tristan's EPISO 4 adds a 5-unit Polish logistics portfolio for €86m

The EPISO 4 opportunity fund, advised by European fund manager Tristan Capital Partners, and White Star Real Estate have acquired a portfolio of five (...)

Finance 15/01/2019

French CDC's Ampere and Swiss Life raise €650m to close the Vesta deal

French Ampere Gestion, a CDC Habitat subsidiary, and Swiss Life Asset Managers announced that it had successfully secured funding of €650m to close the (...)

Finance 15/01/2019

AXA IMRA raises €643m for its second pan-european value-added venture

AXA Investment Managers - Real Assets has raised €643m for its second pan-european value-added venture (PEVAV II) from a global institutional investor base. Exceeding the (...)

Logistics 15/01/2019

German logistics supply shortage causing ongoing yield compression - CBRE

The 2018 transaction volume on the German warehouse and logistics investment market came in at around €6.8bn in the final quarter of the year, (...)

Office 14/01/2019

German pension plans pay €140m for Cologne's Wallarkaden project

Hamburg-based developer Momeni has made a €140m forward sale of its Wallarkaden retail and office block in Cologne to a consortium of domestic pension (...)

Finance 14/01/2019

Polish 2018 CRE investment surges 45% to record €7.2bn - Savills

Commercial real estate investment in Poland surged 45% last year to an all-time record of over €7.2bn, comprising more than 100 transactions, according to (...)

Finance 14/01/2019

Slovakia's HB Reavis wins €175m UniCredit-led loan for Nivy project

Slovakia-based HB Reavis has won a syndicated loan of €175m from a consortium led by UniCredit bank to construct the Nivy Station mainly retail (...)

Office 14/01/2019

AXA IMRA acquires TechnoCampus in Berlin Siemensstadt for clients

AXA Investment Managers-Real Assets said it has acquired on behalf of clients, TechnoCampus, an office project which comprises part of Siemensstadt in the Spandau (...)

Logistics 14/01/2019

Eight new corridors to define Euro logistics as volumes rise, EU expands - C&W

Eight new corridors will define European future logistics routes as the Blue Banana corridor from the Benelux to northern Italy transforms into multiple corridors (...)

Finance 14/01/2019

Europa Capital targets urbanisation trend in resi, office for €1.3bn deals

UK-based Europa Capital was a net seller from value-add funds in 2018, leveraging strong investor interest for stabilised office and residential assets in an (...)

Office 11/01/2019

LaSalle adds ElseBella office portfolio in Munich for €169m

LaSalle Investment Management has paid €169m to acquire two office properties in Munich on behalf of the LaSalle Encore+ Pan European Fund. Seller is (...)

Finance 11/01/2019

Spanish 2018 RE investment rises 8% to €11.6bn - BNP Paribas RE

Spanish real estate investment rose 8% last year to €11.63bn but, adding in corporate operations, soared as high as €19bn, according to international adviser (...)

Housing 11/01/2019

French CDC's Ampère raises €900m commitments for new housing fund

French Ampère Gestion, part of French state financier CdC which led the first-ever takeover of a public sector housing portfolio last summer for €1.4bn, has raised (...)

Finance 11/01/2019

Real estate fund allocations rise to 10% as investors close on targets

Average real estate fund allocations rose last year to 10.0% from 8.9% while targets climbed to 10.4% from 10.2% narrowing the gap for the (...)