Economy & Financial

CBRE Investment Management has secured a new finance facility for its indirect secondaries strategy, to be delivered by RBS International (“RBSI”), part of the NatWest Group.

Colliers is announcing that Tewfik Sabongui, current Managing Partner in the Czech Republic, will expand his responsibilities to include being Managing Director of Slovakia. Richard Urvay, Colliers’ current Managing Director in Slovakia will depart the business by the end of April to take up a client-side role.

Trei Real Estate obtained a further loan facility. The 35.5 million euros in loan funds made available by Postbank are split into two tranches: 15.6 million euros have a maturity of five years, while the remaining 19.9 million euros will have to be repaid after ten years. The loan takes the form of a classic real estate finan...

Orion Capital Managers has announced the hire of Andrea Goss as Director of its Investor Relations team. Goss will cover servicing the firm's existing client base, assist in the fundraising for Orion's sixth pan-European fund, as well as executing co-investment and other initiatives.

Ryden has announced today the expansion of its Agency and Lease Advisory department in Leeds with the appointment of Georgie Parker as new Agency and Lease Advisory Surveyor.

London has narrowly overtaken Geneva to top the rankings once again as the most expensive city in the world in which to build, according to the latest Arcadis 2024 International Construction Costs (ICC) report, released by the global design and engineering consultancy today.

Germany's investment markets posted a noticeable uptick in transaction activity in Q1. As expected, however, this trend has yet to be fully reflected in transaction volume. Investors poured just over €5.5bn into commercial real estate in Q1 2024, an 8% increase in transaction volume compared to the previous year's weak result...

Redevco, and Oliver Herrmann, founder of German large-scale retail specialist Redos, launch Redevco Capital Partners, targeting special situations real estate opportunities across Europe.

Dr Angela Geerling has been elected as the new Chairwoman of the Supervisory Board of Branicks Group AG. The property expert has been a full member of the Board and a member of the Audit Committee since 2022.

Commercial real estate investment volume in London has recorded two consecutive quarterly increases, according to analysis from BNP Paribas Real Estate.

The general market situation continues to affect Accentro: the company has to devalue its portfolio extraordinarily significantly. The devaluation requirement is in the order of €50 to 60 million and also causes problems for two bonds. This was announced by the company on Friday.

EPH European Property Holdings has decided to suggest to the holders of the company‘s bonds with ISIN CH1177348302 and with a total nominal value of €122,175,000 to amend certain terms of these bonds:

CBE Capital has secured a €95m Greek senior bond loan facility from Piraeus Bank in Athens for its club-deal investment into a new Six Senses Hotel and branded residences to be developed in Porto Heli on the Greek mainland.

Karis Capital has completed the acquisition of an established regulated financial services business, which will strengthen its existing regulated mortgage offering. The purchase, which was completed in March 2024 for an undisclosed sum, will provide the company with enhanced FCA permissions, offering extra protection and secu...

Cushman & Wakefield Echinox has appointed Stefan Surcel as Head of Industrial Agency. In his new role, he will coordinate the activity of the company's Industrial department and will focus on further developing the existing relationships with strategic clients and also on identifying and creating new market opportunities.

CPI Property Group appoints Stefano Filippi as Head of Corporate Finance. In addition to his group corporate finance responsibilities, Stefano will also assume the role of country manager for Italy. Giuseppe Colombo, who served in that role with distinction for nearly five years, will remain with CPIPG as Senior Advisor for I...

A new global report from the Urban Land Institute and LaSalle Investment Management offers a new framework to help the real estate industry act on climate risk disclosure data. Across the real estate industry, practitioners understand physical climate risk to assets and portfolios poses a financial risk, but there are still m...

Redport Capital hast appointed Oriol Casellas as Chief Financial Officer. The appointment comes as a significant addition to the leadership team of the holding, strengthening expertise and internal resources dedicated to growth strategies and diversification of the investment portfolio.