News

CPPIB, La Francaise shareholder launch Grand Paris investment fund with €387m

Canada Pension Plan Investment Board (CPPIB) has signed a partnership with Caisse Fédérale du Crédit Mutuel Nord Europe (CMNE), La


British Library signs deal with UK, Japanese JV for 100,000 sq.ft. extension

SMBL Developments, a partnership between London-based developer Stanhope and Japanese developer Mitsui Fudosan, has signed an agreement with the British

Segro raises £451m in share sale to finance development programme

Segro raised £451m in a share sale to finance its development programme. The London-based logistics REIT is on course to



Property exchange IPSX prepares pipeline of London listings

Property owners are gearing up to list buildings on IPSX as they investigate more flexible ways of managing and extracting


Blackstone, Prologis buy €57m of Spanish logistics

Blackstone and Prologis have bought five industrial and logistics properties in Spain for a combined €57m. Prologis bought four of


Tristan raises record €1.7bn for value-add/opportunistic fund EPISO 5

Tristan Capital Partners has raised a record €1.7bn in equity commitments for EPISO 5, the latest fund in its value-add/opportunistic


Invesco RE acquires Milan parking garage for mixed-use project

Invesco Real Estate has acquired a former parking garage in Milan’s luxury district, with plans to convert it into a


French SCPI, retail OPC fund inflows slow as new tax bites

Inflows to French SCPI and OPCI real estate funds for retail investors slowed in 2018, but the total capitalisation of


LGIM provides £420m refinancing for Almacantar’s London Southbank Place assets

LGIM Real Assets has provided £420m of long-term financing to developer and investor Almacantar to refinance its One and Two


Germany’s Trei boosts developments to €685m with residential push

Trei Real Estate, the property arm of Germany’s Tengelmann Group, grew the volume of its developments to €685m in 2018,


C&W expands EMEA hospitality team with three French appointments

Cushman & Wakefield has expanded its EMEA hospitality team in France, with the appointment of Katell Bourgeois, from JLL, as


Europa Capital hires Nuveen’s Currie as it grows private capital markets business

Europa Capital has appointed Ian Currie from Nuveen Real Estate to the newly created role of director as the UK-based


KanAm picks up second London asset for institutional fund

German asset manager KanAm Grund has bought a London office building near the Bank of England for one of its




UKCP REIT plans move into alternative assets

London-listed investor UK Commercial Property REIT is planning to expand its investment policy to alternative real estate assets to boost


Unibail-Rodamco-Westfield doubles disposals target to €6bn

Unibail-Rodamco-Westfield, the new retail property group created by Franco-Dutch REIT Unibail-Rodamco's takeover of international shopping centre developer Westfield, has doubled


Avignon Capital eyes proptech partnerships to enhance portfolio value

What struck Avignon Capital portfolio manager Sam Salloway the most during his last business trip to Hong Kong in December


Corestate’s 2018 revenue beats forecast; shares jump 7.9% in Frankfurt

Corestate said aggregated revenues surged by 50% to €292m last year, beating the company’s forecast of €270m-€280m set in November.


Swiss Life AM to acquire €1.7bn portfolio in Paris’ CBD

Swiss Life Asset Managers will purchase a €1.7bn portfolio of 28 prime office buildings in Paris’ CBD from REIT/SIIC Terreïs