News

Gecina beats earnings targets after Eurosic deal

Gecina, the Paris-centric French REIT/SIIC that acquired peer Eurosic last year, posted recurrent net income of €363.5m for the year,


Allianz snaps up Munich office project from Art-Invest

Allianz Real Estate, the property arm of the German insurer, has snapped up an office redevelopment in Munich’s emerging Werksviertel

Sonae Sierra, Impresa Pizzarotti launch mega Parma retail development

Sonae Sierra, a Portuguese mall specialist, has partnered with Italian construction firm Impresa Pizzarotti to build one of the largest



InfraRed sells £320m UK industrial portfolio to Blackstone, M7

London-based InfraRed Capital Partners has sold a portfolio of light industrial properties in the UK to US private-equity giant Blackstone


Unibail: We’re not increasing Westfield bid

Unibail-Rodamco won’t be increasing its bid for rival shopping centre Westfield despite currency fluctuations that have led to a significant discount


Sonae Sierra, Armórica team up on Portuguese mall deal

Portuguese mall specialist Sonae Sierra has teamed up with Armórica, a Spanish commercial property investor, to purchase a shopping centre in Covilhã,


Aviva Investors nab spec office development in Manchester  

Aviva Investors, the investment arm of British insurer, has acquired a speculative office development in Manchester’s traditionally core CBD from


Bouwinvest snaps up 369-flat project in Amsterdam

Bouwinvest, a Dutch real estate investment manager, has bought an island-like apartment project on Amsterdam’s waterfront, as it looks to


Rosette purchases Tesco supermarket in Manchester

London-based Rosette Merchant Bank has purchased a 18,800 sq.m. Tesco supermarket and an accompanying retail parade in Greater Manchester from construction


BlackRock favours asset management amid high pricing in Europe

Asset management is becoming more important in Europe’s maturing real estate markets, as high pricing and lack of suitable stock


RCA: London price growth eclipsed by regions

Commercial real estate prices in the UK’s biggest regional markets grew nearly a fifth y/y in 4Q17, among the fastest


Cording to invest €150m in Benelux in 2018

Cording Real Estate is aiming to invest a further €150m in Benelux property this year after its purchase of an


TH RE lends to Samsung for London office acquisition

TH Real Estate has provided a loan to Korea’s Samsung SRA Investment Management for its purchase of 200 Aldersgate, a




Grosvenor sells Swedish mall to Invesco  

Grosvenor Group has sold a shopping centre in Helsingborg, Sweden, to Invesco Real Estate and its local partner Scius, according to


CBRE Global Investors bags Italian shopping centre

CBRE Global Investors has bought a 35,000 sq.m. shopping centre near Bari, Italy from investment company HB Capital and a fund


InvestiRE lists Rome portfolio for sale

Italian asset manager InvestiRE is listing its Project News portfolio, comprising six assets throughout central Rome, on the market, according


Norges, AXA IMRA sell Munich tower

Norges Bank Real Estate Management, the property arm of Norway’s sovereign wealth fund, has agreed to sell its 50% stake


Internos launches €300m German healthcare fund

Internos Global Investors, a UK-based fund manager, has launched a new €300m healthcare property fund that will focus on care