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Funds / REITS

KanAm's Leading Cities Invest snaps up debut Austrian logistics property

KanAm Grund Group has acquired the last-mile logistics property Cross Dock Upper Austria for its open-ended real estate fund Leading Cities Invest. The building is situated in the Austrian municipality of Enns, near the city of Linz, and offers almost 13,000 square meters of space. Seller is the Meir real estate group, headqu...
Thursday, 4. August 2022

KanAm Grund appoints Head of Investment Management France

Alexandre André (33) has joined the team of KanAm Grund Group in Paris as Director and Head of Investment Management France at the end of July. In the newly created position André is responsible for the Acquisitions Department in France.
Thursday, 4. August 2022

Union Investment acquires premium office tower Eclipse in Düsseldorf

Union Investment has acquired the Eclipse office tower on Kennedydamm in Düsseldorf. The landmark building enjoys a highly visible location and is close to completion. The acquisition will be added to the holdings of open-ended real estate fund Unilmmo: Deutschland. The seller is a joint venture between die developer Projekte...
Tuesday, 2. August 2022

ASLI furthers exposure to high growth logistics sector with French acquisitions

abrdn European Logistics Income (ASLI) has completed on the previously announced acquisition of two logistics properties, in Bordeaux and Niort, France. The aggregate purchase price of circa €23 million reflects a net initial yield of 4.0%.
Monday, 1. August 2022

Aedifica invests in UK and Spain

Aedifica has signed two forward acquisitions for c. €28 million. The REIT will invest approx. €14.8m in Hooton, County Cheshire and also €13m in a care home in Tomares (ES). Both completions are scheduled for Q1 2024.
Monday, 1. August 2022

Sina Gittrich to Head AIFM Services Division of Interal

As of 1 August, Sina Gittrich (41) is the new Head of the AIFM Services division at Intreal. She succeeds the previous head, Malte Priester, who has left the company on his own accord as of 31 July 2022. Gittrich joined Intreal in 2016, and was appointed deputy head of the division that same year. Previous career stops of Git...
Monday, 1. August 2022

Warehouse REIT secures 1 million sq ft planning consent at Radway Green, Crewe

Warehouse REIT has secured a resolution to grant outline planning permission from Cheshire East Council for a further 1,020,000 sq ft of warehousing at its flagship logistics park development at Radway Green. The final phase of the scheme will see the Company develop five units ranging from 90,000 sq ft to 400,000 sq ft, whil...
Friday, 29. July 2022