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Southern Europe

Invesco acquires three hotels for €100m

Invesco Real Estate has added three hotels to its European Hotel programme in 2022 year-to-date. The acquisitions underscore the compelling fundamentals driving the post-Covid recovery in the sector designed to provide a strong return profile for investors.
Thursday, 23. June 2022

Primonial REIM acquuires Centro Osmairm in Laterza

Primonial REIM Italy announces the acquisition of part of the Centro Osmairm, a centre of excellence for rehabilitation, offering also nursing home beds, located in Laterza in the province of Taranto in southern Italy. This acquisition was carried out on behalf of the SCPI Primovie, a retail investors fund managed by Primonia...
Friday, 17. June 2022

Patrizia agreed record logistics sale with Starwood

Patrizia has agreed the sale of the Oppeano Logistics Park, a prime logistics hub approximately 15km south of Verona, to Starwood for a price of circa €274m, achieving a new record sale in the Italian logistics market.
Wednesday, 15. June 2022

VGP acquires new land in Spain

VGP has fully leased its two parks in Madrid, VGP Park San Fernando de Henares and VGP Park Fuenlabrada, 5 years after the construction works began. The total leased area amounts to 158,780 square meters, on a total area of ​​more than 300,000 square meters. The developer has also acquired 50,576 square meters of land in El ...
Tuesday, 14. June 2022

VGP expands portfolio in Valsamoggia

VGP has acquired a site of over 125,000 sqm in Valsamoggia, in the province of Bologna, for the construction of a new business park with a covered area of about 33,000 sqm.
Friday, 10. June 2022

AIF Capital buys parking garage in Barcelona

AIF Capital Group has acquired a parking garage in a central location of Barcelona. The purchase of Parking Financia is for the open-ended special alternative investment fund (AIF) “Parking Fund Europe“, which focuses on parking garages and underground garages.
Thursday, 9. June 2022

Hines and Blue Noble open their first Italian residence managed by Aparto

Aparto Milan Giovenale, owned by “Living 2.0” Fund, managed by Savills Investment Manager SGR SpA and invested into by Hines, in joint venture with Blue Noble, has opened in the heart of the city. The development of aparto Milan Giovenale was led by Hines Italy as development manager and is the Group’s first in Italy. Bank Un...
Wednesday, 8. June 2022

Greystar acquires 2,500-unit flexible accommodation portfolio from King Street

Greystar Real Estate Partners has forward purchased a substantial flexible accommodation portfolio of 2,500 units in Madrid, Spain, for a managed discretionary fund from King Street Real Estate, an alternative investment firm that partnered with Greystar and Momentum REIM in 2019 to acquire three sites to be used for flexible...
Wednesday, 8. June 2022

Starhotels set to open over 150 apartments in Florence

Hines and Blue Noble, joint investors in the “Future Living” fund managed by Savills Investment Management SGR SpA, confirm that a lease agreement with Starhotels for the management of part of the asset of Corso Italia in the heart of Florence has been finalised.
Friday, 3. June 2022

Marriott signs two new W Hotels in Italy

Marriott International has signed agreements to debut two new W Hotels in Italy with the signings of W Milan - Duomo and W Naples. Both hotels are slated to welcome guests in 2024, further expanding the brand’s footprint in the country, following the recent opening of W Rome and the signing of W Florence in 2021.
Friday, 3. June 2022

Radisson Hotel Group opens Barcelona’s first Radisson Blu hotel

Radisson Hotel Group to announce the opening of the Radisson Blu 1882 Hotel, Barcelona Sagrada Familia, which marks another step forward in Radisson Hotel Group’s plans to expand in Spain and continue strengthening its presence in the country.
Thursday, 2. June 2022

Yotel to land in Lisbon World Trade Center

Yotel announced a new hotel in Lisbon to open in 2024. The new property will form part of the Foz Vintage Group’s spectacular World Trade Center development slated to be Portugal’s most innovative and disruptive Business Park.
Thursday, 2. June 2022

BayernLB finances second Pradera purchase for NAEV

After financing Pradera’s first acquisition of a Spanish grocery portfolio in October last year, BayernLB Frankfurt has financed the acquisition of Pradera’s second Spanish grocery portfolio. The grocery stores, located in the urban centres of Vitoria and Leioa, are both let on long leases to Grupo Eroski, the leading grocery...
Thursday, 2. June 2022