News

Kennedy Wilson completes merger of US and Europe units

US-based property group Kennedy Wilson has completed the merger of its US and European businesses, forming a new $8bn (€6.8bn)


Norway’s NRP buys mega logistics facility in Sweden

Private Norwegian investment manager Ness, Risan & Partners (NRP) has acquired one of the largest modern logistics facilities under construction

Denmark’s Jeudan buys eight Copenhagen properties for €90m

Denmark’s largest listed property group Jeudan has bought a portfolio of eight properties in Copenhagen for €90m (DKK670m), taking total



Aroundtown Property raises €450m in equity to finance growth

Aroundtown Property, which focuses on value-add and income-generating properties in Germany and the Netherlands, has raised €450m in a capital


Corestate buys Cologne building for €60m apartment-hotel project

Frankfurt-listed property investment group Corestate Capital has bought the former headquarters of perfume brand 4711 in in the German city


Gecina raises 2017 net income growth to 6% on Eurosic takeover

Gecina has raised its 2017 recurrent net income growth forecast, excluding healthcare, to at least 6% as its takeover of


French FdR to merge its two hotel investment units

French REIT/SIIC Foncière des Régions will merge its two hotel investment units – FDM Management and Foncière des Murs – to strengthen its exposure to the sector with


F&C UK Property Fund adds £60m of UK assets, £20m under offer

F&C UK Property Fund, the listed vehicle managed by BMO Real Estate Partners, has acquired nine properties for £60m at


Chinese Fosun holds 71% of French Paref after bid

Chinese conglomerate Fosun holds 71.37% of French property investor and asset manager Paref following its public offer. Fosun launched the


Growing foreign interest in German housing – CBRE

Investment in German residential property is dominated by domestic players but there is growing interest from foreign investors despite higher


French court stops Lille rent controls regime

A French court has halted the rent controls regime in the northern city of Lille, leaving Paris as the only


Hammerson bags mall in Paris suburb for €81m

UK-listed retail specialist Hammerson has bought an 11,000 sq.m. mall, which adjoins the firm's flagship Les Trois Fontaines shopping centre


London is fifth biggest but world’s most liquid RE market – CBRE

The global stock of investable real estate totals $27.5trn and although London’s share of $334bn puts it in only fifth




French philanthropic investment manager RAISE secures €210m for first real estate fund

French investment manager RAISE has launched its first real estate fund after securing €210m of commitments from eight institutional investors


French Natixis AM raises more than €500m for real estate debt fund

French investment manager Natixis Asset Management and partner AEW Europe have raised more than €500m for their Senior European Loan


Catella launches first Swedish-listed grocery retail firm

Stockholm-listed group Catella has established a new property firm, Tre Kronor Investment, which will invest in grocery-led real estate in


CapMan aims to raise €200m for new pan-Nordic fund

Finnish-listed investment firm CapMan Real Estate is aiming to raise more than €200m of equity over the next two years


Deutsche AM buys Paris, Berlin assets for €300m retail mandate

Deutsche Asset Management, part of Deutsche Bank, has bought two properties in Berlin and Paris on behalf of a €300m