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Southern Europe

Neinor begins construction of 132 homes in Estepona

Neinor Homes has announced the start of construction work on its new project, Ática Homes, in Estepona, Malaga. The residential complex, consisting of 132 homes across seven blocks with large communal areas, represents an investment of approximately 30 million euros. The project will generate direct employment for 200 people.
Thursday, 16. March 2023

Principal AM acquires 4th asset for LOG IN

The pan-European SCPI LOG IN continues to invest with the acquisition of an asset in Italy. THEOREIM, the fund management company for LOG IN, and its partner Principal Asset Management SM are delighted to announce this 4th acquisition and the opening to a third country after Spain and Germany.
Tuesday, 14. March 2023

Greystar and Vía Célere confirm €400m Spanish residential purchase

Greystar Real Estate Partners has today announced the creation of a Joint Venture to purchase a portfolio of 2,425 rental housing units in Spain from Vía Célere. For Greystar’s portion, this investment is being made on behalf of GEPE I, Greystar's pan-European discretionary fund.
Monday, 13. March 2023

BNP Paribas REIM Germany buys 71,000-sqm logistics portfolio

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Germany has acquired the 4Urban logistics portfolio in Austria from Frasers Property Industrial on behalf of the fund European Impact Property Fund (EIPF).
Thursday, 9. March 2023

Neinor Homes invests €30m in Basque Country

Neinor Homes has announced an investment of €30 million in the launch of a new affordable development of Appraised Rate Housing (VPT) in the Basque Country, including the acquisition of land. It is located in Zabalgana, a growing residential area in the southwest of the city.
Thursday, 9. March 2023

REInvest buys sustainable office complex in Barcelona

REInvest Asset Management has recently secured one of the most sustainable office developments in southern Europe, located in Barcelona’s innovative 22@ district, in a forward purchase from Glenwell Group, specialized in the promotion and transformation of innovative and sustainable real estate, with presence in Spain and the...
Thursday, 9. March 2023

ECE to develop first hotel project in Italy

ECE is planning the development and realization of a hotel operated by „Ruby Hotels“ in Rome, With the project, the group company ECE Work & Live, as planned, expands its development activities in this asset class to international markets as well as to the conversion of existing properties. The plans provide for the conversio...
Thursday, 9. March 2023

Neinor Homes buys back €130 million of its green bond

Neinor Homes has completed the voluntary tender offer for its Green Bond and that it has decided to upsize its Green Bond buyback to €130 million from the €100 million initially foreseen. The auction was closed at an average price of 94.58% which represents a Yield-to-Maturity of 6.2%.
Thursday, 2. March 2023

Propreal Fund acquires two office buildings in Barcelona

The PCP European RE Fund I, managed by Swiss real estate investor Propreal Capital Partners, has acquired two fully-let prime office buildings totalling 12,000 square metres from the Zurich insurance group. The buildings are located in the heart of Barcelona’s historic old town and in a prime office location just off the Aven...
Thursday, 2. March 2023

Cordia completes the structure of Jade Tower in Fuengirola

Cordia Group has completed the structure of Jade Tower, its first luxury and highly energy efficient residential real estate project in Spain. The developer has also announced its second development in the country, in the prime location of Marbella.
Friday, 17. February 2023

Neinor Homes invests €35 million in Madrid

Neinor Homes has launched a new residential project in Las Rozas in Madrid that will see 81 homes developed. The Las Rozas Homes development will represent an investment of more than 35 million euros by the Company and is expected to generate direct employment for more than 80 people, as well as indirect employment for over 1...
Thursday, 16. February 2023

Amro bolsters leadership team across UK and Europe

Amro Partners has strengthened its senior leadership team with four key promotions, as it prepares to scale up its European student housing and UK Build to Rent platforms to become a major player in both markets by the end of this decade.
Wednesday, 8. February 2023

Kajima grows logistics team with senior hire

Kajima has strengthened its London-based Logistics team with a new senior hire. Tamara White has been appointed as Associate Portfolio Director to help spearhead the expansion of Kajima’s European logistics platform and grow the third-party asset management business.
Tuesday, 7. February 2023

Trei sells portfolio in Portugal to LCN

Trei Real Estate GmbH has sold off its entire portfolio of 49 assets in Portugal to LCN Capital Partners, an active sale-leaseback and build-to-suit investor in Europe and North America.
Wednesday, 1. February 2023