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Southern Europe

Chancerygate and Mitiska JV make debut in Portugal

The Chancerygate and Mitiska REIM JV has completed its first acquisition in Portugal. The 6.67 acre (2.7 hectare) brownfield site is located 20 minutes' drive northwest of Lisbon in the municipality of Sintra.
Tuesday, 18. June 2024

Multi Corporation awarded Sintra Retail Park mandate

Multi Corporation has been awarded the management mandate for Portugal's leading retail park in the greater Lisbon area. The 20.100 sqm Sintra Retail Park was recently acquired by AM Alpha, who is an existing client of Multi Corporation.
Tuesday, 11. June 2024

Dils appoints Pedro Lancastre as new CEO in Portugal

Dils has announced the appointment of Pedro Lancastre as CEO to lead its operations in Portugal. This follows the recent acquisition of Castelhana . The move is part of Dils' internationalization strategy to become the independent, smart and innovative player in the European real estate market.
Tuesday, 11. June 2024

Madrid and Barcelona: Top Priority for Investors and Hotel Chains

Madrid and Barcelona are key destinations for international hotel brands, per the „5 Keys Madrid Vs Barcelona“ report by Colliers Hotels. Brands like Nobu and Brach (Luxury), and Taiko Hotels (Upper-scale) will debut soon, enhancing urban hotel offerings in Spain.
Wednesday, 5. June 2024

IHG signs nine hotels in Portugal

IHG Hotels & Resorts (IHG) signs nine hotels across Portugal, adding 976 rooms to the country’s growing and strong pipeline, as it continues to benefit from rapid growth. The signings cover two IHG brand collections including luxury and lifestyle, with the announcement of Kimpton Lisbon, Hotel Indigo Albufeira and Hotel Indig...
Tuesday, 4. June 2024

Sonae Sierra avoids €22m in costs thanks to eco-efficiency measures

Sonae Sierra avoided €22m in operating costs during 2023 by implementing a wide range of measures that improved eco-efficiency levels. According to the Economic Environmental and Social Report (EES Report) for 2023, the company has reduced its greenhouse gas (GHG) emissions by 88% since 2005, reduced its electricity consumpti...
Tuesday, 4. June 2024

Kryalos sells office property „Viale Certosa 218“ in Milan

Kryalos SGR, on behalf of a the closed-end real estate FIA and supported by Aquileia Capital Services (ACS), has sold an office building located at 218 Viale Certosa in Milan to City Club Srl, a vehicle owned by the Cumin family, private investors.
Tuesday, 4. June 2024

ECE develops further residential project in Italy

ECE Work & Live is realizing another residential project in Italy: The project includes the modernization of 27 of a total of 180 urban villas in the „Parco della Leprignana“, a gated community located between the capital city of Rome and the Tyrrhenian Sea, as well as the master planning for the further development of the si...
Friday, 31. May 2024

Azora acquires 5* Hotel Praia D'El Rey

Azora has signed a new deal to further strengthen its hotel portfolio in Portugal. The transaction includes the acquisition of the 5-star Marriott Praia d'El Rey Hotel, two leading 18-hole golf courses and the management of a large rental pool of apartments in Praia d'El Rey.
Thursday, 30. May 2024

Klepierre acquires RomaEst in Rome for more than €220m

Klépierre has completed the purchase of the RomaEst shopping centre in Rome. The seller is Singapore‘s sovereign wealth fund GIC. According to reports, the purchase price is in excess of €220 million.
Wednesday, 29. May 2024

ActivumSG exits three Spanish shopping centres for €140m

ActivumSG has sold three Spanish shopping centres from the Iberia Fund I portfolio for a total of €140 million. It is not yet known who the buyer is. The three centres are located in Barcelona, Caceres and Bilbao.
Wednesday, 29. May 2024

​​Europe remains the top pick for global capital investors

Despite global investment volumes remaining at the lower end of their 10-year average in Q1, signs of improvement were seen across EMEA with European markets dominating the top 10 destinations in receipt of global capital – according to Colliers' latest analysis of cross-border 'Global Capital Flows – Q1 2024'.
Wednesday, 29. May 2024

KanAm Grund leases 150,000 m²

The KanAm Grund Group has reported a strong letting performance for the first quarter. During this period, the team succeeded in letting more than 150,000 m² of new space or extending existing leases. The letting successes are spread across 28 properties in 8 countries. In total, around 80 lettings were concluded during the p...
Friday, 24. May 2024