News

GreenOak closes second European fund with €911m  

US fund manager GreenOak Real Estate had raised €911m in the final closing of its second European fund, almost doubling


C&W: European office rental growth at 6-year high 

European office rents grew 0.8% in 1Q18, the fastest for six years, according to a new report from Cushman &

BF.direkt: German financiers see sentiment drop 

Sentiment among German property finance providers has fallen to its lowest for five years, reflecting a shortage of properties, declining



Rockspring raises €100m for new TransEuropean fund  

Rockspring Property Investment Managers, a subsidiary of Patrizia Immobilien, has raised €100m in the first closing of its seventh TransEuropean fund, targeting value-add office,


H.I.G. Capital buys Milan refurb opportunity 

H.I.G. Capital, the US private equity firm, has bought a trophy office in Milan with plans to fully renovate the


Supermarket Income REIT plans capital raise for £104m of deals  

Supermarket Income REIT, the London-listed owner of UK superstores, is looking to raise up £65m from shareholders to help it buy two


Drooms: CRE pros foresee to adopt AI adoption

Three out of four real estate professionals foresee increasing use of artificial intelligence which complements human roles rather than replacing


C&W: Rising retail competition makes it harder to pick winners 

Online sales and rising business rates have made survival on the UK’s traditional high streets increasingly challenging and it is


FdR eyes merger with Beni Stabili unit

French REIT/SIIC Foncière des Régions is in talks to take full control of its 52.4%-owned Italian subsidiary Beni Stabili. FdR would boost group share assets to €15bn from €12.8bn by buying out the Beni Stabili minorities. Beni Stabili has


Unibail shopping centre rents up 4.2%  

Franco-Dutch REIT Unibail-Rodamco's shopping centres boosted gross rental income 4.2% to €357.9m in the first quarter, helped by the delivery of new


Immofinanz looks to sell CA Immo stake

Vienna-based real estate firm Immofinanz is looking to sell its 26% stake in peer CA Immobilien after halting plans for a merger of the two


Yxime buys Knight Frank French property management business  

French property management services firm Yxime has struck a deal to take over the property management activities of Knight Frank France. CEO


Corpus Sireo snaps up major German office portfolio   

Corpus Sireo, the German real estate manager owned by Swiss Life, has purchased a 108,000 sq.m. German office portfolio in an off-market deal




Fidelity fund expands into Luxembourg with €100m deal   

A fund managed by Boston-based investment group Fidelity International has made its first deal in Luxembourg with the acquisition of


Delin recruits Jeff Pym as CFO

Delin Capital Asset Management, a pan-European logistics specialist, has hired ex-Tritax executive Jeff Pym as CFO, completing the company’s new senior management


Art-Invest enters Vienna resi market via forward deal

Art-Invest Real Estate, the Cologne-based property owner and developer, has bought five planned buildings in Vienna for its first residential


Blackrock sells Trafalgar Square office for over £80m

Blackrock, the US investment manager, has sold a property on Trafalgar Square in central London to an unnamed Indian developer


Great Portland exits London mixed-use asset

Listed property company Great Portland Estates has sold a mixed-use property in London to M&G Real Estate, the property arm