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Listed news

French retail REIT Carmila raised net rental income 6.2% in 2019

Carmila, the retail REIT/SIIC controlled by France's giant Carrefour, increased net rental income by +6.2% to €333.2m, including organic growth of +3.1%. Recurring earnings (...)

Spain's Bankinter, Portugal's Sonae launch REIT/SIGI, mirroring Spanish success

Spain's Bankinter and Portugal-headquartered Sonae Sierra are to launch one of Portugal's first REIT/SIGIs, mirroring their cooperation with a similar vehicle in Spain in recent years. "Extending (...)

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 (...)

Engwall's Nyfosa adds another €400m in Swedish office, logistics portfolio

Jens Engwall's latest Swedish company Nyfosa, founded just over a year ago, is adding assets fast, signing on a SEK4.17bn (€400m) portfolio of 79 properties, part financed (...)

France's Foncière Atland closes oversubscribed €42m capital increase

French REIT/SIIC Foncière Atland has closed a €41.6m capital increase, aiming to deploy proceeds to develop the business and finance several construction projects. The gross proceeds of (...)

Covivio's Beaudemoulin named new CEO of Germany's ADO Properties

The complex merger transaction between ADO Properties and Adler Real Estate has brought deep changes in the boards of ADO, with Covivio executive Thierry Beaudemoulin named new CEO. Five (...)

Merger of Germany's ADO, Adler, Consus said transformational for participants

The merger of Germany's ADO Properties and Adler Real Estate, including control of Consus Real Estate, will be transformational, with a compelling growth profile, the companies (...)