Cabot Properties secures $1.57bn in equity commitments for Fund VII
Cabot Properties, the international private equity real estate firm focused on the logistics sector, has completed fundraising for Value Fund VII, securing $1.57 billion...
CBRE IM buys Finnish geothermal energy company Geonova
CBRE Investment Management has acquired a majority stake in Geonova Oy, a Finnish geothermal energy business that provides decentralised heating and cooling services using...
Arrow Capital fully lets logistics asset in Northamptonshire
Arrow Capital Partners has secured a full letting of its 128,000 sq ft logistics asset in Weedon, Northamptonshire, to Product Care Group.
The lease...
KKR and Mirastar make first logistics investment in Sweden
KKR and Mirastar, KKR Real Estate’s industrial and logistics platform in Europe, have off-market acquired a high-quality last-mile logistics property in Stockholm, Sweden.
This...
Cushman & Wakefield to divest its Russia operations
Global real estate services firm Cushman & Wakefield is divesting its operations in Russia.
Cushman & Wakefield said Monday it has reached a definitive agreement...
Clarion Partners acquires 116,800 sqm logistics facility in northern France
Clarion Partners Europe has acquired a 116,800 sqm Grade A logistics facility in Amiens, northern France, from ESR Europe on behalf of one of...
Camden Council approves GPE’s plan for 74,500 sq ft West End HQ scheme
Great Portland Estates plc (GPE) has announced that Camden Council has resolved to grant planning permission for the refurbishment of Whittington House, WC1, subject...
European commercial real estate funds register -9.3% returns in Q4
European real estate funds generated negative returns of -9.3% in the final quarter of 2022, taking the total return to -2.4% for the year. That compares with negative...
Cheyne provides €135.7m loan for Lisbon luxury hotel redevelopment
Cheyne Capital has provided a €135.7 million senior loan to finance the acquisition and redevelopment of a historic property in central Lisbon, supporting its...
Supermarket Income REIT pays £50m for Huddersfield Sainsbury’s store
Supermarket Income REIT has acquired a Sainsbury's omnichannel supermarket in Huddersfield, West Yorkshire, for £49.7 million, reflecting an attractive net initial yield of 7.6%.
The...
Patrizia sells residential portfolio in Germany
Patrizia has sold a portfolio of 22 non-core residential properties on behalf of a German residential strategy.
The strategy is to refocus the fund’s...
Hammerson secures approval for major Birmingham city centre scheme
Hammerson has received planning approval for its latest city centre regeneration initiative in Birmingham, paving the way for the transformation of an underutilised car...
