Aviva Investors acquires office building in Paris
Aviva Investors has acquired Le 50 rue d’Anjou, an office building in Paris on behalf of one of its mandates. The purchase price was not...
International tourist numbers could fall 60-80% in 2020, UNWTO says
International tourist arrivals fell by 22 percent in the first quarter of 2020 due to COVID-19 pandemic crisis, according to the latest data from...
ULI : COVID-19 to accelerate restructure of retail property sector
A new update from the Urban Land Institute (ULI) to its Reshaping Retail report, which was published earlier this year prior to the coronavirus pandemic taking...
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...
LaSalle appoints Philip La Pierre as CEO of Europe
LaSalle Investment Management (LaSalle), has appointed Philip La Pierre as its CEO of Europe. In his new role, Philip La Pierre will have overall...
PGIM Real Estate acquires three warehouse properties in Italy
PGIM Real Estate has acquired three warehouse properties located in greater Rome and Northern Italy, on behalf of an institutional investor as part of...
Clarion Partners Europe acquires warehouse property in Rotterdam
Propertize has sold a warehouse property, located at the Bosporusstraat 10 on the Maasvlakte in Rotterdam, to Clarion Partners Europe. The warehouse was constructed between...
Sirius Real Estate to acquire business park in Nuremberg for €13.7m
Sirius Real Estate has acquired a multi-tenanted business park in Nuremberg for a total acquisition cost of €13.7 million, reflecting an EPRA net initial...
Savills IM sells logistics property in Sweden for €141.6m
Savills Investment Management (Savills IM) has sold a logistics property in Torsvik near Jönköping, Sweden, on behalf of its Nordic Logistics Fund, to DWS...
Panattoni starts development of distribution center in Almere
Panattoni Netherlands, part of Panattoni Europe, has started the development of a logistics distribution center in Almere. The new 23,423 m2 development consists of a...
