Â鶹ӳ» reports – Page 1257
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PropertyEU ArchiveDemire announces €82m of secondary asset sales
German listed commercial property landlord Deutsche Mittelstand Real Estate (Demire) said on Thursday that it has taken advantage of strong demand from various investors to sell a total of 13 properties in seven transactions since July.
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PropertyEU ArchiveKennedy Wilson sells Dublin office for €141m
Global real estate investment company Kennedy Wilson has completed the sale of Baggot Plaza, a wholly-owned, unlevered Grade A office building located in Dublin’s city center, for $165.4 mln (€141 mln) to Deka Immobilien, the specialist real estate investments arm of the Deka Group.
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NewsBlackstone spends £473m to buy Prologis UK logistics portfolio
The deal is the largest sale of logistics real estate assets on record in the UK
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Allianz, Telefónica form €5bn Germany fibre network expansion JV
The 50:50 JV will act as an independent wholesale company to deploy fibre optic networks across Germany
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GIC scales up P3 logistics platform with 33 German assets
The acquired Matrix portfolio includes assets in Berlin, Dortmund, Nuremburg, Hamburg, Hanover, Cologne, Dresden and Leipzig
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San Francisco’s Transamerica Pyramid tower sells for $650m
Deutsche Finance America, Shvo, BVK buy iconic office tower from Dutch insurer Aegon
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New Mexico SIC targets European logistics via Exeter fund
OKs $100m to the Exeter Europe Logistics Value Fund IV and $75m to AEW Real Estate Partners Fund IX
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NewsPeople moves: Journo joins Hines from WeWork [updated]
Hammerson appoints Owens director of Ireland
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Meyer Bergman rebrands as MARK, eyes medical, digital real estate
Firm sees COVID-19 strengthening the appeal of emerging asset classes such as life sciences
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PropertyEU ArchiveMailbox REIT rewrites agreement with IWG, extends IPO timetable
Mailbox, a newly-launched REIT with M7 acting as asset manager, said on Thursday that it has signed a new innovative agreement with tenant, flexible office specialist IWG whereby occupiers will pay rent directly to the Mailbox REIT.
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PropertyEU ArchiveFarallón puts €200m Barcelona hotel up for sale
Farallon Capital Management has reportedly put the Mandarin Oriental hotel on Paseo de Gracia up for sale.
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PropertyEU ArchiveHines appoints WeWork exec to lead European property management business
US privately-held developer-investor Hines has appointed WeWork executive Ronen Journo as European head of operations and senior managing director.
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PropertyEU ArchiveSigna puts €650m of Berlin offices up for sale – report
Austrian property firm Signa has reportedly launched the sale of two Berlin office projects worth a combined €650 mln.
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PropertyEU ArchiveGIC’s P3 snaps up Matrix portfolio in Germany for c€800 mln
P3 Logistic Parks (P3), the European logistics specialist owned by Singapore’s sovereign wealth fund GIC, has signed an agreement to acquire the Matrix portfolio of German retail assets in the second major acquisition in the country over the past 12 months.
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PropertyEU ArchiveCroatia’s largest pension fund goes into real estate, M7 wins mandate
M7 Real Estate, the pan-European investor and asset manager specialising in multi-tenanted property, has been awarded an advisory position helping Croatia’s largest pension fund, AZ, diversify into real estate for the first time.
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PropertyEU ArchiveAEW to acquire two BTR developments in Spain
AEW said on Thursday that it has agreed to forward purchase two build-to-rent residential developments, Sol de Llevant and Terrasses de Llevant, in Palma, the capital of the Spanish island of Mallorca on behalf of a separate account mandate backed by a German pension fund.
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PropertyEU ArchivePrologis completes largest sale of logistics assets on record in the UK
US logistics group Prologis has completed the sale of the Platform portfolio of buildings and land in the UK to real estate funds managed by Blackstone for £473 mln (€524 mln).
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PropertyEU ArchiveQ3 Europe deals tumble 43%; Germany is most active market but also slows considerably
Total European real estate deal volume in the third quarter of 2020 fell 43% to €44 bn compared with the same quarter of 2019, as the slump caused by the Covid-19 pandemic deepened, RCA’s European Capital Trends Q3 2020 report shows.
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PropertyEU ArchiveEmployees may work remotely between 1 and 3 days per week - survey
A large-scale global study completed in August and September has attempted to shed more light on the predicted effects of Covid-19 on working habits.
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PropertyEU ArchiveEuropean logistics continues to grow during pandemic
Europe’s commercial real estate markets maintained their trend of slowed rental growth and yield development across most markets in Q3 2020 according to Cushman & Wakefield’s latest DNA of Real Estate.
