Eastern Europe

Panattoni has secured a 67 million loan for the two-building Panattoni Park Pozna A2 project in Wielkopolska. The development is to be handed over in October this year, with one of the buildings comprising 82,000 sqm to be fully lease d by a c lot hing in...

London-based global real estate investor and manager SFO Capital Partners and Hamburg-based project developer Garbe Industrial Real Estate have secured a 48 million development loan from UniCredit for the financing of their logistics development in the gr...

UK-listed multi-let industrial (MLI) property company Industrials REIT has sold its interest in a German care home joint venture . The deal completes Industrials REIT 's five-year transition to become a 100% UK MLI business, with the company now opera...

Catella's German public open-ended real estate fund Catella Wohnen Europa (CWE) has acquired 67 affordable apartments, extending over almost 6,000 sqm, in eight energy-efficient wood-hybrid buildings in Pankow district of Berlin. The Falkenquartier de...

International real estate investment manager Savills Investment Management (Savills IM) has sold a hypermarket in Berlin-Spandau on behalf of the European Retail Fund (ERF). The buyer of the property is Gutenberg Capital, the investment company of the LEO...

European real estate urban regeneration specialist Redevco has established a retail wareho use park (RWHP) asset management platform in Europe with assets under management (AUM) of 4.5 billion following the acquisition of Redos last year. The platform was...

British Land and AustralianSuper have appointed Stanton Williams to design a 300,000 sq ft life sciences building as part of the second phase of their Canada Water Masterplan in Central London. "Stanton Williams was selected on account of its unparall...

St. Modwen has continued the expansion of its UK logistics platform with the acquisition of modern wareho use units in Burton-upon-T rent and Coventry. In Burton-upon-T rent , St Modwen Logistics has acquired a 381,000 sq ft unit on the Centrum West Logis...

PGIM Real Estate has acquired a large portfolio of UK single-family homes located in Manchester and Liverpool from Goldman Sachs Asset Management . The acquisition has been made via PGIM Real Estate's UK Affordable Housing strategy. The portfolio comp...

European real estate registered record low quarterly investment returns in the final three of last year as property valuation s fell to reflect higher interest rates, according to MSCI's Europe Quarterly Property Index. Total return s, which combine c...

DTZ Investors has purchased Purley Cross Retail Park in Croydon for 59 million from Oval Real Estate. The property is a prime retail park comprising 126,410 sq ft of lettable floorspace across five units which occupy an 8.6- acre site. The scheme is fully...

Cheyne Capital Management has provided a 122.8m senior loan to Mark for a newly developed, mixed- use scheme known as Borough Yards in south London. The loan provided was use d to refinance the existing lender group following practical completion and part...

Epta Development Corporation (EDC) and developer Stoford have secured planning consent for the development of c.2 million sq ft of new industrial, wareho use and logistics project on a 101- acre site at Central Park in Avonmouth, Bristol. Vancouver-based ...

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Belgium has acquired a portfolio of five healthcare properties in Flanders, Belgium, on behalf of Healthcare Property Fund Europe (HPF Europe). The company acquired all the shares of Wombat ...

UK developer SevenCapital and pan-European real estate investment manager Mark have secured a four-year 258 million development loan to fund the delivery of a 462-home residential scheme in Kensington, West London. Maslow Capital has provided the facility...

UK-based independent convenience retailer EG Group has agreed to sell a portfolio of its sites on the east coast of the U.S. to Realty Income Corporation, an S&P 500 company, for $1.5 billion in a sale and lease back transaction. This portfolio, which EG ...

Watkin Jones has announced the forward sale of an affordable build-to- rent (BTR) scheme in Lewisham to CBRE UK Affordable Housing Fund (AHF), a fund managed by CBRE Investment Management. The scheme, (Block 3) provides 43 affordable homes including 17 on...

M7 Real Estate has let c. 12,500 sq ft of retail wareho use space at Lombardy Retail Park in Hayes to Currys, an omnichannel retailer of technology products and services. Currys has signed a 10-year lease and will take the central unit along the main terr...

Regal London and Cheyne Capital Management have acquired Great North Leisure Park, an 11.2 acre site on High Road, North Finchley in the London Borough of Barnet. Bordering on Glebelands Open Space , the retail park is earmarked by Barnet as a strategic s...

LondonMetric Property has sold seven long income assets for 33.9 million (LondonMetric share: 29.6 million), reflecting a blended NIY of 4.5% and crystallising a blended ungeared IRR of 10% and a 28% profit on cost. The assets, which generate 1.4 million ...

Nordic real estate investment company Niam has agreed to acquire a development project called Kalasataman Horisontti, Finland's first office skyscraper, from Finnish property developer SRV. The 26-storey office skyscraper will be the tallest office bu...

Union Investment has acquired the Westfalen-Center Dortmund campus located close to Dortmund city centre. The campus property comprises an office building that incorporates a hotel. The campus occupies a 10,062 sq m site, with around 30,415 sq m of rent a...

Tritax Big Box REIT has agreed to sell three logistics wareho use assets for a net consideration of 125 million, reflecting a blended net initial yield of 4.6%. The purchaser is a global real estate investor, said the REIT . The three assets, which have a...

Switzerland-based real estate asset manager Propreal Capital Partners's PCP European RE Fund I has acquired two fully-let prime office building s totalling 12,000 sqm in Barcelona from the Zurich insurance group. The buildings are located in the heart...

French trade credit insurer Coface has invested in the Catella European Residential III Fund, the residential investment vehicle focusing on affordable housing and CO2 reduction. CER III, a Luxembourg-domiciled SICAV fund, secured about 500 million in new...

M7 Real Estate announced that Richard Croft has decided to step down from his role as executive chairman of M7. David Ebbrell, CEO and one of the founders of the business with Croft, will take over full responsibility for the management of the company, su...

European real estate funds generated negative returns of -9.3% in the final quarter of 2022, taking the total return to -2.4% for the year. That compares with negative returns for property equities of -38.2% for 2022, according to data compiled by MSCI Re...

Global investment company Dubai Holding has taken full ownership of the iconic Westin Paris Vendome hotel with the acquisition of Henderson Park's stake in the property. The hotel, with its ultra-prime location, is one of the most sought-after real es...

Panattoni has sold its strategic Wroclaw Campus, a 185,000 sqm logistics park in southwest Poland to P3 Logistic Parks. The Panattoni Wroclaw Campus comprises four buildings of a total of 185,000 sqm of space. The park has 10-metre-high clearance, and com...

Global real estate investment company Kennedy Wilson has signed a new, 10-year lease with pharmaceutical company Omega Pharma for 21,000 square feet of Grade A office space at One Embassy Gardens in Nine Elms, London. The new lease brings the prime office...

Nyfosa has acquired a property portfolio in Sweden for SEK 706 million (64m). The portfolio comprises 13 properties, including grocery and discount stores, wareho use s, and light industrial building s. The annual rent al value is SEK 62.5 million, said t...

CBRE has hired Robert Bernard as the company's Chief Sustainability Officer and Senior Vice President, C lien t Sustainability Solutions. In this role, Bernard, an executive with more than two decades of environmental sustainability experience, will d...

Swedish real estate company Core m has agreed to sell 17 properties in the Stockholm area for SEK 949 million (appr. 86m.) Most of the properties are located in Tby and Upplands-Vsby just north of Stockholm and four properties are located south of Stockho...

Panattoni has begun construction of a 452,469 sq ft last-mile logistics scheme at Burgess Hill, 45 miles south of London. Construction at Panattoni Park Burgess Hill follows the grant ing of planning consent by Mid Sussex District Council at the end of Ja...

Generali Real Estate and Meag have entered into a co-investment agreement whereby Meag, the asset manager of Munich Re Group, has acquired 50% of the shares of a special purpose vehicle that owns Fen Court, an iconic office building at 120 Fenchurch Stree...

City of London commercial property investment volumes in January reached 572.2 million, a 55% increase on the volume recorded for the whole of the final quarter of 2022, and the best January turnover since 2016, according to Savills. The international rea...

Sweden-based hotel property company Pandox has acquired The Queens Hotel in central Leeds, UK for 53 million. The acquisition includes both the hotel property and the hotel operations. The seller is Aprirose Ltd. The hotel has 232 rooms and will be operat...

European asset manager Amundi has launched Amundi Commercial Real Estate Loans II ( ACRE L II), the second vintage of its senior mortgage fund. The fund will invest in the major economies of the euro zone, with a focus on sectors that have demonstrated re...

Redevco, Swiss Finance & Property Group (SFP Group) and Swiss Finance & Property UK Ltd (SFP UK) have signed a joint venture (JV) agreement to invest in the UK build to rent (BTR) real estate market over the next couple of years. The strategy will focus o...

Real estate investment and asset manager AEW has purchased the office building Schiessstrae 61 in Dsseldorf on behalf of a fund managed by AEW. The office building in Dsseldorf is fully lease d to several tenants and is located in the popular Linksrheinis...

Transport for London (TfL)'s wholly owned commercial property company TTL Properties has selected Helical as its preferred investment partner for its sustainable commercial office portfolio across central London, subject to contract negotiations and a...

Panattoni has secured planning consent for a 417,570 sq ft speculative logistics development at Doncaster in the UK. Doncaster Council has approved Panattoni's planning application for the facility, called Panattoni Doncaster 420, which will be one of...

Bouwinvest Real Estate Investors has raised 288 million in capital for two of its Dutch funds from new and existing investors. The company raised 196 million for its office fund with the remaining 92 million allocated to its residential fund. Marleen Bosm...

Realterm has acquired a 41,800 SF parcel delivery facility located on a 85,000 SFsite in Manor Royal Business District, County Oak Way in Crawley, U.K. The parcel delivery facility services the South London market and is situated in immediate proximity to...

Candriam Group, a New York Life Investments Company, has agreed to acquire an additional 31% stake in pan-European real estate investment manager Tristan Capital Partners, taking its total investment to 80% by mid-2023. The remaining 20% of Tristan will c...

St. Modwen Logistics has pre-let 17,000 sq ft of space at its Newport logistics park to adhesive manufacturer Ureka Global. Ureka, which is locating from Bristol to Newport, is taking one of four newly completed units at the Park, which together total c. ...

Folksam Sak has purchased the Rotundan 1 property in central Stockholm from Zrich Insurance for SEK 565.5 million(appr. 50m). The property has a very attractive location close to Humlegrden and Stureplan. The nearest metro station is stermalmstorg. The le...

UK-based pan-European real estate fund manager PineBridge Benson Elliot, alongside a 50% institutional JV partner, have subscribed to 100% of the units in a newly structured Italian real estate investment fund (ER Logistics Fund 5), managed by Europa Riso...

Baltic Horizon Fund has signed an agreement with UAB PREF III to sell 100% shares of BH Domus PRO UAB which owns Domus Pro office building and retail park in Vilnius, Lithuania for 23.5 million. The Fund has been invested in the property for close to 9 ye...

International construction company Mace has been appointed principal contractor of the 150m development at 1 Liverpool Street project in the City of London. This is the second project which Mace is delivering for Aviva Investors and Allianz Real Estate, f...