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» Chronological View: "" «

Nuveen sells Barberino Designer Outlet near Florence to DWS

Italy - The European Outlet Mall Fund, managed by Nuveen Real Estate, has sold the Barberino Designer Outlet, located in Barberino del Mugello - Florence, to DWS for an undisclosed sum. The Outlet is a well-established retail outlet which opened in 2006, with GLA of about 27,000 sq m and a distinctive design which reflects its status...
Tuesday, 16. July 2019

Grainger starts work on latest Leeds investment

UK - Grainger announces that the previously disclosed, yet unnamed transaction in Leeds has now started on site following satisfaction of the contractual conditions. The scheme, known as Fabrik, is a 216-home PRS development in Leeds which is being forward funded for c.£34m. The developer is Leeds-based Oakapple Group with Tolent...
Tuesday, 16. July 2019

New TV and film studio lined up for Leeds

UK - The old Polestar Petty printworks on Whitehall road has been identified as the location for a new world class TV and Film studio in Leeds. With increasing demand for more space to support the flourishing creative sector in the city, Leeds City Council is working with partners to bring forward a new TV and Film studio to more ...
Tuesday, 16. July 2019

CBRE hires new head of South East offices investment

UK - CBRE has appointed James Delliere as an Executive Director to lead Office investment in its London Metropolitan/South East team. This is a key strategic hire for the group as it continues to grow its presence in Greater London and the South East. He joins from Savills where he spent four and half years as a Director in the Na...
Tuesday, 16. July 2019

Trigea acquires its first real estate in Prague

Czech Republic - Trigea Real Estate Fund has acquired the attractive Louvre office building in Prague 5 to add to its portfolio. It was built in 2008 and it offers approximately 4,600 sq.m. of modern rentable areas. The main tenants include companies, such as the Swiss rail vehicle manufacturer Stadler, Lukoil Accounting and Finance Europe an...
Tuesday, 16. July 2019

Almost €2.1bn transacted in the Irish investment market

Ireland - CBRE Ireland have released figures for the volume and value of investment properties traded in the Irish market in the first half of 2019, which shows that 76 investment transactions extending to more than €1 million in value traded in the first half of the year. In total, investment spend amounted to €1.478 billion in Q2 201...
Tuesday, 16. July 2019

Partners Group reports total AuM of €80 billion

Global News - Partners Group received € 7.4 billion in new commitments from its global client base across all private markets asset classes in the first half of 2019. This demand for programs and mandates brings total assets under management (AuM) to € 79.8 billion as of 30 June 2019 (31 December 2018: € 72.8 billion), representing a net g...
Tuesday, 16. July 2019

Coreo sells part of its portfolio in Göttingen

Germany - Coreo sold about 25% of its property in Gottingen consisting of 430 residential units to an institutional investor. The company has since formed a product that meets institutional requirements from the portfolio acquired in mid-2018, which consists mainly of condominiums. Together with the already executed acquisitions and di...
Tuesday, 16. July 2019

Aroundtown completes €600 million capital increase

Germany - Aroundtown SA raised €600 million through a capital increase. Following an accelerated book building process on 15 July 2019, the company increased the total share capital €12,235,742.61 through the issue of 84 million new shares. The offer price was fixed at €7.15, resulting in €600.6 million in gross proceeds. The new share...
Tuesday, 16. July 2019

Gerry Weber receives €50m cash injection

Germany - Gerry Weber International AG receives a 50 million cash injection from Robus Capital Management and Whitebox Advisors to restructure. The signing of the investment agreement and the binding term sheet on measures for the insolvency plan in the proceedings was approved by the creditors committee and the trustee, lawyer Stefan ...
Tuesday, 16. July 2019

Commerz Real and Wertgrund invest €70m in Dresden

Germany - The second deal is done: Commerz Real and Wertgrund Immobilien have acquired “Königshöfe” in Dresden from developer CG Gruppe for approx. €70 million. After Commerz Real and Wertgrund had only recently acquired their first residential complex in Darmstadt , this is now the second purchase in the framework of a partnership tha...
Tuesday, 16. July 2019

Ilka Hoffmann joins Savills office agency team in Munich

Germany - Savills has recruited Ilka Hoffmann as a director in its office agency team. Ilka, who has over 18 years' real estate experience, joined from CBRE in May 2019 and is based in the Munich office, specialising in the requirements of international corporate occupiers, particularly in the law and finance sector.
Tuesday, 16. July 2019

Starwood buys office portfolio in Spain from Oaktree and Freo

Spain - Starwood Capital Group has acquired portfolio of office buildings in Spain from US firm Oaktree Capital Management and German real estate management company Freo. The portfolio includes five office buildings, three of which are located in the city of Madrid, one in Barcelona and one in Alcobendas (Madrid), and has a total co...
Tuesday, 16. July 2019

Benson Elliot extends Polish portfolio with €20 m Wroclaw investment

Poland - Benson Elliot has acquired the newly completed Diamentum office building in Wroclaw from Polish developer Cavatina, in a directly negotiated transaction. The acquisition represents the fifth transaction in the firm’s Polish regional office strategy.
Tuesday, 16. July 2019

Will Warsaw become a “second Prague” for hotels?

Poland - New hotels are rapidly being built across Warsaw. Twelve new hotels have been opened across the city in the last eighteen months - more than Berlin. Warsaw is frequented by more and more visitors and it is steadily becoming one of the most important hotel markets in CEE. Does it, however, have the chance to develop as much as...
Monday, 15. July 2019