Marc Vlessing becomes chairman of Pocket Living
Affordable housing developer Pocket Living has announced changes to its senior management, with founder and chief executive Marc Vlessing becoming Chair and chief financial...
Aviva Investors provides financing towards new Velindre Cancer Centre in Wales
Aviva Investors has completed an investment to provide financing towards the development of the new Velindre Cancer Centre in Cardiff, Wales.
The investment was made...
Morgan Stanley extends EMEA headquarters lease in Canary Wharf
Financial services giant Morgan Stanley has committed to its London base, extending its lease on its EMEA headquarters at 20 Bank Street in Canary...
Supermarket Income REIT increases unsecured facility with SMBC to £104.5m
Supermarket Income REIT has increased its unsecured facility with Sumitomo Mitsui Banking Corporation (SMBC) by £37.5 million to £104.5 million.
The interest-only facility matures in...
WeWork slashes rent costs by $8bn, aims for May Chapter 11 exit
WeWork, the global workspace provider, announced significant progress in its real estate and financial restructuring efforts, positioning itself for emergence from Chapter 11 in...
CPP Investments buys Nido Living, launches European student housing platform
Canada Pension Plan Investment Board (CPP Investments) has launched a new real estate investment and operating platform focused on purpose-built student accommodation (PBSA) in...
Feldberg acquires £75m property for London green workspace fund
Feldberg Capital has announced the purchase of 21-25 Bedford Street, Covent Garden in London WC2 for £75m for its brown to green workplace fund,...
Aedifica adds central London care home to portfolio
Belgian REIT Aedifica has invested approx. £15.5 million in the acquisition of a trading care home in central London (UK).
Rosewood House is located in...
Hines appoints John Carr as CFO for Europe
Global real estate leader Hines has announced a leadership shift in its European operations.
Long-time company veteran John Carr has been promoted to Chief...
Picton divests London office asset for £29.6m
UK-based REIT company Picton has announced the sale of its second-largest office asset, Angel Gate located in London's EC1 district.
The sale agreement is...
Custodian REIT sells two industrial units for £15m
Custodian Property Income REIT has offloaded two industrial units for a combined total of £15 million.
The sale of a unit in Weybridge was...
Deutsche Konsum REIT divests 14 retail properties
Deutsche Konsum REIT, a listed real estate company focused on German retail properties, has sold a portfolio of 14 retail properties.
The buyer is an...
