Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

» Chronological View: " Southern Europe " «

Invel makes senior appointments in Italy

Invel has appointed Aniello Priore as Chief Financial Officer for Invel Italy, and Fabio Bronzoni as Head of Asset Management in Italy. Both Aniello and Fabio will be based in Invel’s Italian headquarters in Milan, and will report to Davide Madini, the former CEO of RREEF Italy, who oversees the firm’s operations in the count...
Tuesday, 16. April 2019

Savills instructed to sell prime residential site in Coimbra

Savills has been instructed to sell Jardins do Mondego, a prime residential plot in Coimbra on behalf of a joint venture. Comprising a land plot of 18,246 sq m and a gross construction area of more than 32,000 sq m, the development represents one of the largest sales of residential land in Portugal in the last 12 months.
Wednesday, 10. April 2019

Clarion Partners acquires majority stake in Gramercy Europe

Clarion Partners has acquired a majority stake in Gramercy Europe. The European real estate business specializing in pan-European logistics and industrial assets will become an operating business of Clarion and be rebranded as Clarion Gramercy, maintaining its offices in London, Berlin and Barcelona.
Wednesday, 10. April 2019

Cromwell Property Group acquires 22,700 sqm Pirelli Tyre facility in Milan

Cromwell Property Group has continued to progress its ‘Invest to Manage’ strategy, acquiring the Pirelli Tyre facility in Milan on behalf of a new Korean capital partner, Korea Investment Management Co., Ltd (KIM). The real estate investor and manager has been appointed asset manager to the investment. The seller is the “All ...
Thursday, 4. April 2019

AEW raises additional €750m for pan-European logistics fund

AEW has raised an additional €750 million in equity for Logistis, its specialist pan-European logistics strategy, bringing the fund’s total net equity to €2.3 billion. The new equity, which has been raised entirely from existing investors in a strong endorsement of the fund’s track record, will facilitate the platform’s furth...
Friday, 29. March 2019

Benson Elliot closes oversubscribed Fund V above €800 million target

Benson Elliot Capital Management has raised over €800 million for its latest pan-European value-add / opportunistic fund, Benson Elliot Real Estate Partners V. Launched in 2018, the fund was substantially raised in six months, with a repeat investor rate of over 95% from the prior fund. The capital was raised by Benson Elliot...
Thursday, 28. March 2019

Savills bolsters retail team in Spain

Savills has appointed shopping mal specialist Patricia Matias as National Director of Shopping Centre Management and Leasing in its retail division to boost its retail team in Spain. Matias, who has joined the 30-strong team at Savills Aguirre Newman’s Madrid office, will be working alongside the rest of the division to lead ...
Tuesday, 26. March 2019

AXA IM - Real Assets acquires prime residential development in Madrid

Acting on behalf of clients, AXA Investment Managers - Real Assets has acquired a 135-unit residential development in central Madrid from Acciona Inmobiliaria in form of a forward purchase. Due to complete in December 2020, the scheme will comprise flats for the rental market, including several flats that will be specifically...
Tuesday, 19. March 2019

UBS AM completes acquisition of Milan business campu

UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business announces that it has completed the acquisition of La Forgiatura business campus in Milan for a low three-digit million amount. The asset was acquired from a Milan-based developer on behalf of a newly formed club of investors, representing the first...
Monday, 18. March 2019

Swiss Life AM reports further growth

Swiss Life Asset Managers reports positive results for its real estate business in 2018. Last year, the asset management company reported a real estate transaction volume throughout Europe amounting to around €10 billion. A total of roughly €7.6 billion in residential and commercial real estate was acquired in the Swiss, Fren...
Friday, 15. March 2019

Invesco and Urbania to build €250m student housing platform

Urbania International, through its subsidiary Syllâbus, and Invesco Real Estate have reached an agreement to jointly develop one of the largest investment platforms in student residences in Spain. Urbania’s goal is to strengthen its position in the country and continue opening up the market in the main university cities. The ...
Thursday, 14. March 2019

New Italian headquarters for Savills

Savills Italy has moved its headquarters to new office space in Milan in the final stage of its integration process with former Larry Smith, which it acquired in July 2017. The combined team will all be branded Savills.
Monday, 11. March 2019

European commercial real estate investment volumes forecast to reach €230bn in 2019

European commercial real estate investment volumes are forecast to reach €230bn by the end of the year, which would mean that more than €200bn will have been invested in European commercial property for the sixth consecutive year, according to Savills. The firm notes that this is unprecedented in the history of the European i...
Monday, 11. March 2019

Nuveen and Value One start a €600m pan-European student housing joint venture

Nuveen Real Estate and premier developer Value One have announced a €600m joint venture investing in pan-European purpose-built student accommodation. The vehicle will be seeded with three assets – one standing investment in Vienna and two developments in Lisbon and Porto to be delivered over the next two years.
Monday, 11. March 2019

BESIX invests for the second time in Lisbon

BESIX Real Estate Development continues its strategy of pan-European diversification with the acquisition of a second piece of land spanning 34,000 sqm in Lisbon. The subsidiary of BESIX Group in charge of real estate development is increasing its presence in Portugal and, above all, confirms the relationship of trust that it...
Friday, 8. March 2019

Catella to launch first Luxembourg based European Residential Fund

Catella Residential Investment Management GmbH (CRIM) today announced the launch of its third European Residential Fund for international clients. The fund will be Luxembourg SICAV-RAIF. The objective of this open-ended Pan-European Residential fund is to build up a diversified residential real estate portfolio in Europe. The...
Friday, 8. March 2019