Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

Global News

Norges Bank buys stake in two Boston properties

Boston Properties has sold a stake in two new Kendall Square lab projects to Norges Bank Investment Management (NBIM), the world‘s largest sovereign wealth fund, signaling continued investor interest in the life sciences sector despite the market‘s slowdown this year.
Monday, 20. November 2023

Dash Living and Schroders JV buys seed asset in Japan

Dash Living and Schroders have jointly completed the acquisition of a strategic seed asset located in Ryogoku to further expand their portfolio in the Japan property market, which has been enjoying a surge in institutional capital inflow of late and increasing investments by major real estate investors.
Tuesday, 7. November 2023

AXA IM Alts acquires senior housing assets in Japan

AXA IM Alts acquires a portfolio comprising two city centre senior housing assets in northern Japan, on behalf of clients, for c. €34 million (¥5.1 billion). The acquisition from GK Japan Care Facilities represents AXA IM Alts’ third investment in the Japanese healthcare sector since it entered the market in December 2022.
Thursday, 2. November 2023

London and Paris with the highest growth

London leads as Europe’s top city for projected real-estate occupier demand, followed by Paris, according to this year’s edition of the European Cities Growth Index (“ECGI”), published by LaSalle Investment Management (“LaSalle”). Owing to their large metropolitan areas and ability to adapt to changing macroeconomic condition...
Monday, 2. October 2023

Climate risks require 19 basis points of annual capex reserves

AEW releases its fourth research report on climate-related risk. For the first time AEW combines both climate-related transition risk and physical climate risk into a single combined climate-related risk premium for the European real estate sector, which is estimated at 19 basis points (bps) for prime assets and 46 bps for no...
Friday, 29. September 2023

Fundraising for Mitiska REIM’s MEREP 3 value-add fund reaches €168m

Mitiska REIM has today announced that fundraising for its third flagship fund, Mitiska European Real Estate Partners 3 (MEREP 3), has now reached €168 million. The fund has already closed three investments since the beginning of this year, representing a third of capital raised so far.
Thursday, 28. September 2023

Columbia Threadneedle REP manages high-street portfolio

Columbia Threadneedle Real Estate has been appointed as the new manager of the City Retail Europe Fund, on behalf of a group of institutional investors. The portfolio consists 23 high-street assets across 11 countries.
Wednesday, 27. September 2023

Slow correction continues for European non-listed real estate in Q2

Performance of the European non-listed real estate market was characterised by a continued, slow correction in Q2 2023. According to the INREV Quarterly Fund Index the total returns hit -0.47%. This was driven by a decline in capital growth which dipped to -1.24%, marking the fourth consecutive quarter of negative performance...
Friday, 22. September 2023

W. P. Carey to spin off office portfolio

W. P. Carey is spinning off a large majority of its office portfolio in the US and Europe into a separately listed REIT called Net Lease Office Properties (NLOP).
Friday, 22. September 2023

URW sells Westfield Valencia Town Center for $199 m

Unibail-Rodamco-Westfield has sold Westfield Valencia Town Center, a Regional mall in Santa Clarita, California, to Centennial Real Estate at a total value of $199 million (at 100%, URW share 50%), above the $195 million debt amount (at 100%, URW share 50%) on the asset.
Thursday, 7. September 2023

CBRE recruits JLL veteran as Head of Living Capital Markets

CBRE has hired Jeremy Eddy as Head of Living Capital Markets for Europe. He will report into Chris Brett, Head of Capital Markets, Europe and will be responsible for the leadership of all components of CBRE’s European Living Capital Markets platform, including Multifamily, Co-Living, Purpose Built Student Accommodation (PBSA)...
Tuesday, 5. September 2023

Investors adjust own return targets

The majority of European real estate investors (55 percent) currently expect an annual return of 3 to 5 percent on new real estate investments. That is the finding of a recent survey of 134 property companies and institutional real estate investors in Germany, France and the UK by Union Investment. Of these, 25 percent calcul...
Friday, 1. September 2023

Savills appoints Stuart Jordan as CEO for Central and Eastern Europe

Savills has appointed a CEO of Central and Eastern Europe and will bring together its businesses in Poland and the Czech Republic, as well as its wider associates network, as a footprint to further grow its CEE platform. Current Managing Director of the Czech Republic & Slovakia, Stuart Jordan, will take on the role having su...
Wednesday, 30. August 2023