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Following a structured operator search process for the hotel, Christie & Co's investment team has formalised a lease agreement with Summum Hotel Group. From May 2024, the group will take over the management of the establishment. Villa Nazules Hotel Hípica Spa is located 25 kilometres from the city of Toledo, in a natural sett...
Castello SGR, on behalf of its GEM fund, has purchased the Grand Hotel Poltu Quatu in northern Sardinia from Pulcini Group. The price of €70 million included the luxury hotel and approximately 100 residential units.
Covivio signed an agreement to acquire the 8.3% stake in Covivio Hotels held by Generali, in exchange for new Covivio shares. This transaction, which represents the equivalent of the acquisition of €500 million of assets and a capital increase of nearly €300 million, marks a major step in the reinforcement of Covivio in the h...
DRC Savills Investment Management has provided a senior loan to re-finance Coliseo Europea, a 406-bedroom Purpose-Built Student Accommodation (PBSA) development in Madrid owned by Princeton Investments (Princeton).
Savills has announced the following promotions within its Europe and Middle East business, which took effect from 1 March 2024. The promotions will see 14 people moving up to director level, one to divisional director and 33 to associate director level.
IGD SIIQ S.p.A has signed an agreement with Sixth Street, controlled affiliates of Starwood Capital and Prelios SGR S.p.A. for the sale of a portfolio of 13 assets for €258 million, consistent with the book value as of 31 December 2023. The transaction is expected to close by April 2024.
As part of its international expansion, the investment manager has founded a subsidiary in Spain. Primonial REIM Spain is headed by Felipe Pérez Agustín. He has been working for the company as Asset Manager for Spain and Portugal since mid-2023.
Amro Partners and Falco Capital have refinanced four operational student housing assets in Spain via a €70 million investment loan from Nuveen Real Estate.
Árima has reached an agreement to acquire the current headquarters of the multinational biopharmaceutical firm MSD, which will relocate to the Botanic building as part of the same deal. This deal will see the Socimi acquire an office building with strong uplift potential in a consolidated area of Madrid. The Company plans to ...
Colliers has expanded its profile in Andalusia and the Costa del Sol by opening a Marbella office. This expansion reflects the company's growth strategy in the luxury residential market, reinforcing its business leadership in high-end residential and Branded Residences commercialisation, and in response to growing market demand.
Deka Immobilien has acquired the Italian headquarters of Deloitte. The auditors only inaugurated the historic Veneto 89 building in January. Ardian and Prelios SGR, on behalf of Areef Sicaf S.p.A, extensively renovated the property last year and have now successfully placed the Trophy Asset Trophy in the historic center of Ro...
M7 Real Estate has signed a lease renewal for c. 26,500 sq m of logistics space in Valls-Tarragona, a prime logistic corridor in Spain, to Kellanova, a leader in global snacking and international cereal.
Barings has completed the acquisition, through an existing Italian real estate fund managed by Savills IM SGR, of a c. 70,000 sq m parcel of land in northern Italy from a private Italian company on behalf of its second real estate European value-add fund (BREEVA II).
Invel Real Estate has appointed Stamatis Sapkas as a Partner. Stamatis will have a strategic role focused on origination and the successful implementation of the firm's business plan.
REAM SGR, on behalf of the real estate fund Geras 2, has acquired the former „Golden Palace Hotel“ located in the heart of the city of Turin. The former five-star hotel has a total area of 20,600 m². According to regional newspapers, the purchase price is around €36 million.
As part of a strategic partnership with an international investment fund, 12.18. Asset Management, headed by managing directors Henri Leyer-Pritzkow and Adrian Lindner, has signed the purchase agreement for the Hotel Club Santa Ponsa in a prime location in the west of Mallorca.
Azora and Core Capital launch the Quetta Data Centers platform to invest more than €500 million in the construction of a network of 6 highly efficient „Edge“ data centers in Spain and Portugal.