» Chronological View: " Southern Europe " «

Savills has acquired Larry Smith Italia, a leading shopping centre and out of town management and leasing business based in Italy. Combined with Savills existing capital markets and valuation team, the acquisition of Larry Smith gives Savills a leading market position.

Grosvenor Europe has acquired two new assets in the Chamberí district of Madrid. To consolidate the activity of its joint venture partnership with Amcorp Properties Berhad, Grosvenor will transform two buildings situated on Modesto Lafuente and Santa Engracia streets into high end residential and commercial space. The acquis...

Marriott International has opened the Four Points by Sheraton Venice Mestre as part of a franchise agreement with the Italian management company DHotels. Located in the urban area of Mestre, the hotel represents a strategic conversion following a complete renovation and is the fifth addition to the Four Points portfolio.

Allianz extended its European €5 billion book of commercial real estate lending into Italy by co-financing a primary mixed use development in Piazza del Duomo, in central Milan. This fixed-rate bullet structure is guaranteed by a mortgage with a maturity of 7 years. It has been provided by Allianz Italy. The asset is owned by...

Kennedy Wilson Europe Real Estate Plc announces the completion by Olimpia Investment Fund of an agreement for the regeneration of the Farini railway yard in Milan, which includes Via Valtellina site owned by Olimpia Investment Fund as a key gateway to a significant mixed-use commercial and residential development. The agreeme...

AEW has acquired two high quality retail assets in central Dublin and Milan on behalf of the City Retail Fund, for an aggregate consideration of c. €39mn. The fund's strategy focuses on building a portfolio of high quality, income producing retail assets that are well located within the main European city centres, and now has...

Tages Capital SGR announces that the Tages Helios Investment Fund has completed financing of the SunReserve portfolio. The portfolio, acquired in August 2016 from First Reserve Energy Infrastructure, consists of nine renewable energy plants with a total power capacity of 101 Mega Watts (MW).

Axiare Patrimonio is now the first real estate company in Spain to be accredited by the Royal Institution of Chartered Surveyors (RICS), which ensures quality and trust for professionals in the sector. With over 75% of its management team RICS-accredited, the Socimi has decided to go one step further in its commitment to exce...

CBRE Global Investors, in a joint venture with IBA Capital Partners, has acquired Gran Via 18, a 5,500 sq m prime freehold asset in Madrid City Centre. The vendor was a fund managed by TPG Sixth Street Partners. The asset comprises a basement and seven floors above ground. Gran Via is dominant retail and tourist thoroughfare ...

Starmel, a joint venture between Starwood Capital Group and Melia Hotels International, sold a portfolio of four branded hotels in Spain. Starwood Global Opportunity Fund X's controlled affiliate owns 80% of the joint venture which owned the hotels, while Melia Hotels International owns the remaining 20% and will retain this ...

Avignon Capital has sold Fontanella 6-8, a prime office and retail asset in Barcelona, for €65m, producing a 135% return on equity. The asset is an 8,126 sqm property situated on the corner of Plaça de Catalunya. The property benefits from a prime retail and commercial position in the city centre, with Passeig de Gracia and L...

Redevco Iberian Ventures, the joint venture between Redevco and Ares Management, has sold a portfolio of nine retail parks located across Spain for €193 million. The parks were acquired by Vukile Property Fund, the Johannesburg, South Africa-listed retail property specialist, through its Spanish real estate investment trust ...

Axiare Patrimonio continues to invest the funds raised from the latest share capital increase, acquiring one of the properties in its investment pipeline: the second phase of its logistics park in San Fernando De Henares. The acquisition comes shortly after having pre-let 60% of the first phase, which the company acquired jus...

CBRE Global Investors, on behalf of a Korean institutional separate account client, has acquired 6-8 Carrer de Fontanella, a prime mix use office and retail asset in Barcelona for €64.7m. The deal was secured off market and the seller was Avignon Capital. This acquisition will deliver a very stable and reliable cash flow in t...

MEFIC Capital and Round Hill Capital have acquired, through a new joint venture involving controlled affiliates, a 7.8 ha (78,061 sq m) development site adjacent to the University of Porto Campus at Paranhos in Porto, Portugal's second largest city.

Autograph Collection Hotels, part of Marriott International, welcomes its third distinctly independent property in Madrid with the opening of Hotel Círculo Gran Vía. The neo-classical building is the former home of the Merchants and Industrialist’s Circle and has been transformed into a boutique, adults-only hotel and casino ...

According to a report from Tranio.com, having recovered from the crisis, the Spanish economy is regaining ground: if in 2009 the GDP growth rate fell to a historic low of −3.57%, since 2012 this figure has been demonstrating a steady increase, having reached 3.2% in 2016. Catalonia is the most developed of Spain’s regions, wi...

AXA Investment Managers - Real Assets has completed the acquisition, on behalf of AXA Insurance Companies, of a 55% stake in the Hilton Diagonal Mar Hotel in central Barcelona, from Iberdrola Inmobiliaria for €80 million. The hotel is operated by Hilton Hotels on a long term lease.