M&G secures £350m in first close for latest real estate debt funds
M&G Investments has achieved the initial closing of its latest real estate debt funds, attracting £350 million in capital from four clients.
This funding,...
New joint venture invests £100m to boost affordable housing in London
Patrizia and London-based real estate developer Fabrix have launched a joint venture to help tackle the capital’s acute housing shortages.
The new platform, Sustainable Communities...
Landsec agrees £211m sale of 123 Victoria Street office
Landsec has exchanged contracts for the unconditional sale of 123 Victoria Street, SW1, to SevenCitiesLdn, on behalf of Seven Capital PLC, for a total...
DIC Asset acquires Mercedes-Benz-Center in Cologne for €71m
Germany listed proeprty company DIC Asset has acquired the Mercedes-Benz-Center at Mercedes-Allee 1 in Cologne-West for € 71 million.
The flagship property, located in the...
BMO REP launches residential fund with first acquisition in The Hague
BMO Real Estate Partners (BMO REP) has launched BMO Europe Residential FCP-RAIF, BMO Europe residential fund, with the first acquisition in The Hague.
The new...
Mitsubishi Estate and Edge acquire office building in London’s West End
European real estate developer Edge and Japan's Mitsubishi Estate London have acquired 125 Shaftesbury Avenue, a 180,000 sq ft office building with retail at...
Union Investment adds Paris office property to portfolio
Union Investment has acquired another prime office building in the heart of Paris from Zaka Investments, a French investment company. The purchase price was...
Singapore’s CDL invests £75.6m in Manchester PRS project
Singapore-listed real estate company City Developments Limited (CDL) has expanded its United Kingdom Private Rented Sector (PRS) portfolio with the acquisition of 1NQ, a...
HIG and HUB buy City of London asset to expand living platform
H.I.G. Capital has announced that one of its affiliates has acquired a third asset for its Central London Living Platform.
The Platform is being...
Deka Immobilien acquires office property in Paris from LaSalle IM for €165m
Deka Immobilien has acquired the Sainte Cécile, an office property in Paris from the real estate fund Encore + managed by LaSalle Investment Management...
Ardian, ADIA agree to launch real estate secondaries platform
Global private investment firm Ardian has reached an agreement with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) to establish a...
UK prime commercial property rents fall -0.2% in Q2 2019
UK prime commercial property rents fell -0.2% in Q2 2019, marking the first decline at the national level since Q3 2012, according to CBRE’s...
