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W. P. Carey appoints Rhonda Gass to board of directors

W. P. Carey Inc. (W. P. Carey, NYSE: WPC), a net lease real estate investment trust, today announced the appointment of Rhonda Gass to its Board of Directors, effective immediately. Ms. Gass will serve as a member of the Audit Committee and brings more than 30 years of experience in technological...
Tuesday, 19. March 2024

JR, Chancerygate acquire 120000 sq ft Liverpool commercial

JR Capital and Chancerygate's 150m multi-let urban logistics investment fund has acquired Brunswick Business Park's North and South Harrington buildings in Liverpool for £9m. The 120,000 sq ft fully let industrial estate was acquired from CEG.
Monday, 18. March 2024

Revcap and Cobbleyard divested a logistics property in Vantaa

Revcap and Cobbleyard Real Estate divested a logistics property located at Niittytie 12 in Koivuhaka, Vantaa. The 6,400 sqm last-mile warehouse is single let with a long-term lease. Avance advises Cobbleyard Real Estate and its sponsors in the divestment of the warehouse property.
Monday, 18. March 2024

Artisan RE to progress with Edinburgh city centre green neighbourhood

Artisan Real Estate is set to progress with the spectacular homes-led redevelopment of one of Edinburgh city centre's largest potential development sites following planning approval by The City of Edinburgh Council (CEC). Councillors at CEC's Development Sub Committee on Wednesday (13 March) were...
Friday, 15. March 2024

Courbet and Louvre Hotels sign new hotel in Cannes

Louvre Hotels Group and the Courbet Group are continuing their collaboration with the signing on March 14, 2024 of a new Kyriad hotel in Cannes under a franchise agreement. The two groups had already announced a few days ago their partnership for the opening of a Hosho brand vocational hotel.
Friday, 15. March 2024

Deutsche Wohnen publishes preliminary KPIs

Following the Full Year results for 2023 of its majority shareholder, Vonovia SE, Deutsche Wohnen SE publishes the following KPIs for the financial year 2023. The numbers are preliminary. During the financial year 2023, Deutsche Wohnen SE generated a Group FFO of the continued operations of € 521...
Friday, 15. March 2024
UBM and Warimpex sell off stake in Palais Hansen © Warimpex

UBM and Warimpex sell off stake in Palais Hansen

Palais Hansen, located on Vienna's Schottenring, was sold as part of a multi-million euro deal. UBM (33.57%) and Warimpex (9.88%) have sold their shares. New owner is the insurance Wiener Städtische, which now holds 100 percent.
Friday, 15. March 2024

PBSA project in Alicante attracts €17.5m Fiera loan

Amro Partners and Falco Capital have financed their joint student housing project in Alicante with a €17.5m 3-year development loan from Fiera Capital's European Real Estate Debt platform. The global asset management firm is making its debut into the Iberian market via the Article 8-compliant Fie...
Friday, 15. March 2024

ELM Group welcomes new board members

ELM Group announces the appointment of Paul Milner and John Osborn to its board as it enters an unprecedented period of growth.
Friday, 15. March 2024

Phoenix Spree raises capital through sales

Phoenix Spree Deutschland has sold of a multi-family property and further sales of condominiums in Berlin. Proceeds from these asset sales will be used to repay debt and for investment in the ...
Friday, 15. March 2024

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CapitaLand secures ECB as new anchor tenant at Gallileo

CapitaLand has secured the European Central Bank (ECB) as the new anchor tenant at Gallileo, the 38-storey Grade A office building located in the banking district of Frankfurt am Main. The fin...
Tuesday, 12. March 2024
AXA IM Alts gets £480m development loan for 50 Fenchurch Street © DBOX for Eric Parry Architects
AXA IM Alts gets £480m development loan for 50 Fenchurch Street © DBOX for Eric Parry Architects

AXA IM Alts gets £480m development loan for 50 Fenchurch Street

AXA IM Alts has secured a £480 million construction loan from Cale Street to fund the development of its 650,000 sq ft (60,000 sqm) next generation office building at 50 Fenchurch Street. Thi...
Monday, 11. March 2024
LIP Invest buys last-mile logistics property in Ruhr region © LIP Invest GmbH
LIP Invest buys last-mile logistics property in Ruhr region © LIP Invest GmbH

LIP Invest buys last-mile logistics property in Ruhr region

LIP Invest acquires a mechanized DHL parcel delivery base in Oer-Erkenschwick, Schüttacker 25, for its „LIP Real Estate Investment Fund – Logistics Germany III“ funds. LIP reached an agreement...
Thursday, 14. March 2024

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