LaSalle announces €435m first close for fourth real estate debt fund
LaSalle Investment Management has announced the first close for LaSalle Real Estate Debt Strategies IV (LREDS IV), the fourth fund in its real estate debt...
Catella buys senior living complex in Maastricht for €37m
The Catella Dutch Residential Fund II has acquired the Gerlachus residence, a senior living complex, in Maastricht for €37 million from the Ferox Real...
Cineworld to temporarily close all cinemas in US, UK
Cineworld has confirmed it will temporarily close all of its 536 Regal theatres in the US and its 127 Cineworld and Picturehouse theatres in...
EQT raises €1 billion for European real estate fund
EQT has held a final close for EQT Real Estate II fund with equity commitments totaling €1 billion. Capital was raised from a diversified...
Orchard Street promotes Fergus Egan to partner
Orchard Street Investment Management, a commercial property investment manager focused on the UK market, has announced the promotion of Fergus Egan to Partner. Fergus Egan...
Gecina, Nexity to develop 4,000 new rental housing units in France
French real estate investment trust (REIT) Gecina and real estate group Nexity have signed a partnership agreement to develop 4,000 new rental housing units over...
Walmart agrees to sell UK business Asda for £6.8bn
The Issa brothers, founders and co-CEOs of EG Group, a global convenience and forecourts retailer, headquartered in Blackburn, UK, and TDR Capital, a UK-based...
DIC Asset buys two office properties for €160m
Germany listed property company DIC Asset AG has signed an agreement to acquire two high-end office properties in Cologne and Stuttgart for a total...
Regional REIT sells commercial property in Basildon for £32.7m
Regional REIT, a United Kingdom based real estate investment trust, has sold Juniper Park, industrial and office property in Basildon for £32.7m. This disposal reflects an uplift of 59.4% from...
Savills: London, Stockholm, Manchester, Lisbon and Oslo office markets underpriced
London City and West End, Stockholm, Manchester, Lisbon and Oslo’s office markets all appear underpriced, as average yield spread between prime European offices and...