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Principal launches its first dedicated long income fund

Principal Real Estate Europe has launched its first dedicated long income focused European real estate fund. With a target investment volume in excess of €800 million over the first five years of its life, the Fund’s investment objective is to provide a total return that will track Eurozone CPI plus appropriate real estate ri...
Monday, 18. November 2019

Cromwell European REIT refinances €625 million

Cromwell Property Group has confirmed that it has assisted Cromwell EREIT Management Pte. Ltd., the Manager of Cromwell European REIT (“CEREIT”) to raise and conduct a €625 million unsecured debt refinance, on behalf of Cromwell European REIT. This sees CEREIT’s weighted average term of debt extended to 3.6 years while mainta...
Monday, 18. November 2019

Grand City increases profit

Grand City Properties presents its results for the nine-month period ended September 2019, with a like-for-like net rental growth of 3.6%. The company's sustained...
Monday, 18. November 2019
 Gerald Eve boosts leisure team with James Welch © Gerald Eve

Gerald Eve boosts leisure team with James Welch

Gerald Eve has strengthened its leisure investment offer with the recruitment of James Welch as partner. Welch joins from Cortex Partners, the firm he co-founded ...
Friday, 15. November 2019

HighBrook Investors secure €35m financing

Pbb provided €35mn to a fund managed by HighBrook Investors for the refinancing of acquisition equity as well as to finance capital expenditure for an office portfolio located at the canal bel...
Friday, 15. November 2019

Park Hotels sells Conrad Dublin for $128m

Park Hotels & Resorts and its joint venture partners have closed on the sale of their interests in the company that owns the 192-room Conrad Dublin located in Dublin for gross proceeds of €116...
Friday, 15. November 2019
Kennedy Wilson launches Coopers Cross Dublin Campus © Kennedy Wilson Europe

Kennedy Wilson launches Coopers Cross Dublin Campus

Kennedy Wilson has launched its newest Dublin campus development, Coopers Cross. The name embraces the maritime heritage of the area, paying tribute to the historical barrel makers, known as C...
Friday, 15. November 2019

Principal launches its first dedicated long income fund

Principal Real Estate Europe has launched its first dedicated long income focused European real estate fund. With a target investment volume in excess of €800 million over the first five years...
Monday, 18. November 2019

Canadian Slate AM on the move

Slate Asset Management's German portfolio is growing immensely fast: This month, the Canadians acquired two further retail portfolios with 37 supermarkets and specialty shopping centres, inclu...
Monday, 18. November 2019

RPMI Railpen acquires 5.85 acre unit with Wrenbridge

RPMI Railpen, has completed its latest acquisition, with the purchase of 5.85 acres of land in Waltham Cross, London. The site will be developed for a new, Grade A, speculative warehouse and l...
Friday, 15. November 2019

Scandic to open new hotel in Örebro

Scandic Hotels has signed a long-term lease agreement with property company Klövern for a new hotel in central Örebro. The new hotel , which will be called Scandic Örebro Station, will be buil...
Friday, 15. November 2019