Economy & Financial

CBRE Investment Management, on behalf of a fund sponsored by the firm, has priced its third Green Eurobond debt offering of senior unsecured notes raising €750 million. The issuance marks the return of the fund to the public debt market since 2021 as well as the fund's inaugural issuance of its €3 billion Euro Medium Term Not...

LondonMetric Property Plc appoints Sandy Gumm as a Non-Executive Director with effect from 27 March 2024. Gumm is an Australian qualified Chartered Accountant with over 31 years’ of commercial real estate and finance experience. She was most recently a Non-executive Director of LXi REIT plc (“LXi”) and, prior to that, a Non-e...

Panattoni has won financing for the development of its latest development in Western Pomerania. The €20 mln loan was granted by mBank. Panattoni Park Szczecin V will comprise 30,000 sqm of which around a third has already been leased to a client from the food and hospitality sector.

Immofinanz Group generated strong growth in rental income and operating results during the 2023 financial year. This sound development was based primarily on the full consolidation of S Immo, the purchase of retail properties, and solid growth in like-for-like rental income. Rental income rose by 77.8% year-on-year to €533.6 ...

Kojamo plc has signed a new €250 million term loan facility agreement linked to its sustainability targets together with three relationship banks. The loan is secured and has a maturity of five years. The loan will be drawn in June at the latest, and it will be used for the refinancing of company’s existing indebtedness as we...

CBRE has appointed Julie Ennis as Head of UK Occupier

Jeremy Bishop has launched Arkus Real Estate, an investment and development firm focused on creating fit-for-purpose real estate. Seeking to take advantage of the pricing reset caused by the convergence of 2023’s soaring interest rates, the impact of technology on logistics, office and retail real estate, and continued demand...

León Murray has joined CBRE Ireland as lead of our Planning division. CBRE’s Peter Garrigan, Head of Development Land said the appointment came at a pivotal time in the market.

Slättö and Ares Management Real Estate Secondaries funds have agreed to support the recapitalization of a market-leading light-industrial and logistics portfolio, which is managed by Slättö. The portfolio comprises 28 assets with value concentrated in the Stockholm and Helsinki metropolitan areas.

Investec has launched a new real estate equity strategy, Investec Realis, providing global investors with deal-by-deal access to institutional-quality UK real estate and the attractive returns it offers.

Downing Property Finance has expanded its development finance team with the appointment of Doug Bowley as a new Investment Manager. In his new role, Doug will be responsible for new business origination via his developer and broker network, leading the deal process from enquiry stage through to completion.

VTS launches its new prediction software VTS 4. The software transforms industry intelligence for commercial real estate landlords, enabling them to understand the market better than their competitors and predict tenant demand through enhanced data and AI-generated insights.

The Board of Directors of Home Invest Belgium SA/NV has appointed Mr Preben Bruggeman as Chief Executive Officer, subject to the approval of the FSMA. The appointment of Bruggeman as executive director will be presented during the next general shareholders’ meeting, subject to the approval of the FSMA.

Fusion Group has appointed Laura Kurt as its first ever Commercial Director as it continues to evolve as one of the UK’s leading specialists in residential rental real estate.

Branicks has got green light for the restructuring plan from the lenders of the € 225 million promissory note loans maturing in 2024. In doing so, the promissory note loans in question are extended to June 30, 2025.

M Core launches ‘Square 7 part of M Core’, a strategic joint venture between M Core and Square 7 Properties, to establish a new management platform for the portfolio of 25 retail parks across Romania. Co-CEOs of M Core Romania, Sebastian Macdonald-Hall and James Fife led the initiative with Clemens Petschnikar of Square 7 Pro...

Inrev CEO Lonneke Löwik will be stepping down this August. The Inrev Management Board has instructed international search firm, Egon Zhender, to begin the process of finding a suitable replacement for Löwik. This process is expected to last for several months, but Löwik will remain in post until her departure.

ICG Real Estate has provided a £100 million loan to Salboy Limited to fund the development of a major 556 build-to-sell residential scheme in Manchester’s ‘Green Quarter’ district.