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Logistics news

Barings pays €90m for first German logistics asset, seeks more across Europe

Barings Real Estate, part of the US MassMutual insurance group, has paid €90m for an asset near Dortmund owned by a joint venture between M7 Real (...)

Marian Herman takes over as CEO at Slovakia-based HB Reavis

Slovakia-based, European developer and investor HB Reavis has appointed Marian Herman as new chief executive in a planned succession to Pavel Trenka who completes an agreed term of (...)

Spanish REIT Merlin boosts net by 89% to €1.1bn, proposes added 2017 dividend

Spain's largest REIT/SOCIMI Merlin Properties reported a 89% surge in 2017 net profit to €1.1bn, with FFO up 31% at €289m, though per share FFO rose (...)

Norway's Pension Fund ends 2017 with 3.4% of €881bn AUM property exposure

Norway's Government Pension Fund Global held 2.6% of its €881bn assets in unlisted real estate at end-2017 which produced a return of 7.5% - (...)

Frasers' German/Austrian logistics buy from Alpha seen above €600m

Singapore-based Frasers Property's European subsidiary has added to its growing logistics portfolio by buying 22 German and Austrian properties owned principally by Luxembourg's Alpha (...)

German Patrizia, reporting 14% operating rise in 2017, sees faster growth this year

Fast-growing German listed property group Patrizia reported a preliminary 14% rise in operating income last year to €87m, and said it expects growth of (...)