PRS REIT to sell property arm to Waypoint in £646m deal
The PRS REIT plc has entered into non-binding heads of terms for the proposed sale of its operating subsidiary, PRS REIT Holding Company Limited,...
Bouwinvest raises €288m for two Dutch funds
Bouwinvest Real Estate Investors has raised €288 million in capital for two of its Dutch funds from new and existing investors.
The company raised...
UK commercial property values fell in January
According to the latest CBRE Monthly Index, UK commercial property capital values fell marginally by -0.1% in January 2019.
Rental values were flat over...
Tikehau and Captiva buy eight retail properties in Germany
Tikehau Capital, in partnership with Captiva, has acquired a portfolio of eight retail properties strategically located across Germany.
The assets include five properties in...
Ardian sells office building in Berlin
French private equity investment firm Ardian has sold an office building at Spichernstrasse 2 in the City West district of Berlin to an institutional...
CLS Holdings acquires multi-let office building in Munich
CLS announced that it has acquired PURO, a multi-let office building in Munich, for €32.0 million excluding costs.
The purchase price reflects a net...
PGIM Real Estate and Pithos expand self-storage venture into Spain
PGIM Real Estate has expanded its joint venture with Pithos, one of Europe’s leading self-storage asset managers, into Spain under the Zebrabox brand.
The expansion...
St. Modwen Logistics buys warehouse units in Burton-upon-Trent and Coventry
St. Modwen has continued the expansion of its UK logistics platform with the acquisition of modern warehouse units in Burton-upon-Trent and Coventry.
In Burton-upon-Trent, St...
LaSalle acquires Warsaw office building for Encore+
LaSalle has acquired Warsaw office building, Wronia 31, from Ghelamco, on behalf of the pan-European fund Encore+.
The building is located in west zone, Warsaw’s...
GPE secures £525m ESG-linked revolving credit facility
Great Portland Estates plc (GPE) has strengthened its financial flexibility with the signing of a new £525 million ESG-linked unsecured revolving credit facility (RCF)...
Savills IM buys distribution centre in the Netherlands
International real estate investment manager Savills Investment Management (Savills IM) has acquired the Rapid Logistics distribution centre in the Schiphol Trade Park, Netherlands, in an...
Benson Elliot acquires German retail portfolio for €175 million
Benson Elliot has acquired German retail portfolio from Brack Capital Properties for €175 million.
The portfolio comprises 100,600 sqm of lettable space across three...
