Southern Europe

In its seventh Milan office deal, Barings is adding Tazzoli 6 to its portfolio. Located near Garibaldi station and Porta Nuova, the partially let asset offers ESG-led value creation opportunities in one of Europe’s most dynamic office submarkets.

BNP Paribas REIM has added 23 Italian facilities to its pan-European HPF Europe fund. The transaction brings the fund close to €1 billion in value, with 30 assets and over 3,300 beds now in Italy alone.

Quetta Data Centers has started construction at its Madrid facility, doubling capacity to 20 MW, and launched a new data center project in Barcelona. With these two sites, the platform reaches 30 MW, half of its 60 MW global capacity target.

With over 100 years of tradition and a client base that includes GE, Siemens and ABB, Sanborn is expanding in Znojmo. Its move to Aventin Business Park triples its space, reflecting the company’s growth and rising demand in precision machining.

The joint venture between Bain Capital and Spanish developer Conren Tramway continues its Iberian logistics rollout with a new project near Girona. The Sils site adds to their growing portfolio in Madrid and Valencia, now totaling over 500,000 sqm.

KKR has provided approximately €300 million in whole loan financing to EPISO 6, a fund managed by Tristan Capital Partners, to support the acquisition and expansion of the easyHotel platform. The deal secures capital for development and upgrades across Europe.

M&G Real Estate, today announces the acquisition from Principal Asset Management of a three-asset logistics portfolio in Greater Milan, Italy, for approximately €85 million. With significant capital to deploy, the acquisition, on behalf of the M&G European Property Fund, supports its ongoing expansion.

Paulo Sarmento will succeed Eric van Leuven as Cushman & Wakefield’s Head of Portugal, effective 1 January 2026, with van Leuven continuing with the firm as an Executive Partner. 

Kronos Homes has launched MIMA Living, its first mixed-use tourism development in Lisbon’s Parque das Nações district. The €150 million project includes 180 furnished apartments, a Hilton hotel and retail space, addressing growing demand for flexible urban living in Portugal’s capital.

Bringing senior leadership experience from EY and Colliers, Álvaro Alonso now joins Cushman & Wakefield Spain as Head of Living and Corporate Finance. The move reinforces the firm’s strategic focus on residential asset classes and complex capital markets solutions.

A joint venture (JV) between developer Chancerygate and real estate investor Mitiska REIM has secured ‘architectural approval’ to speculatively develop its first site in Portugal. The JV will deliver a 14,700 m2 Grade A multi-let light industrial and urban logistics park on a 2.7-hectare site within the municipality of Sintra...

BC Partners Real Estate and Freo have completed the sale of ‘Monumento’, a 13,400 sqm Class A office building in central Barcelona. The building located at Gran Via de les Corts Catalanes 764 was repositioned with a full ESG-led refurbishment and is targeting LEED Platinum and Fitwel 2 Stars certification.

Hyatt is expanding its presence in the Lusophone region, announcing plans to almost double its portfolio by launching four new hotels in Lisbon and entering the Cape Verde market by 2027. This ambitious expansion strategy signals strong investor confidence in the thriving hospitality real estate sector in Southern Europe.

VIA Outlets successfully completed a significant expansion of its Vila do Conde Porto Fashion Outlet, adding 31 new stores and four restaurants to cement its position as the premier retail destination in northern Portugal. This substantial investment is a direct response to Porto’s burgeoning tourism sector and the high deman...

CTP has entered the Italian market with a €241 million acquisition of developer VLD and a five-year €1 billion investment plan. The deal includes an 8.7 million sqm landbank, enabling 3.5 million sqm of future GLA development across the country.

VGP and Areim have agreed on the third closing of their 50:50 joint venture, SAGA. The €509 million transaction includes 17 logistics buildings and one parkhouse, adding 424,000 sqm of lettable area across seven countries. Closing is expected in December, pending merger clearance.

Kryalos SGR has successfully completed the acquisition of a 13-asset last-mile logistics portfolio from Logiman and its affiliates. The strategic deal, executed through funds linked to Blackstone, solidifies Kryalos's dominant position in Italy's high-growth logistics sector.

Italian investor Gest Resort has completed the acquisition of the opulent Hotel Risorgimento in central Lecce for €18 million. The strategic purchase, executed from entrepreneur Giovanni Casto, values the 47-key asset at roughly 383,000 Euros per room.