LondonMetric sells four assets for £34.2m
LondonMetric has sold four assets, in separate transactions, for £34.2 million, reflecting a blended NIY of 4.1%.
The combined sale price is 35% above its 30...
Oxford, Novaxia to invest €1bn in French life sciences development
Oxford Properties Group and French developer Novaxia have formed a strategic partnership to invest in life sciences development in France.
Novaxia will act as development...
Icade to dispose of residual residential portfolio for €49.4m
Icade is selling its residual portfolio of individual condominium housing units located in 28 towns in the Paris region for €49.4m excluding duties.
The REIT...
Capital Bay, GII to invest €500m in European senior living properties
The Capital Bay Group (CB) and Gulf Islamic Investments (GII ) have launched a senior living fund called CB GII Senior Living Fund I.
The...
Tristan fund divests office asset in Milan
Tristan Capital Partners’ Curzon Capital Partners IV Fund has sold a 7,000 sqm office asset located in Milan, Italy to a fund managed by...
Federated Hermes, CPP Investments form JV for Silverstone Park
Federated Hermes, on behalf of the BT Pension Scheme (BTPS), and Canada Pension Plan Investment Board (CPP Investments) have formed a new joint venture...
UKCM invests in £62.7m in Leeds hotel development
UK Commercial Property REIT (UKCM) has acquired a hotel development opportunity in Leeds for £62.7 million.
The REIT purchased the property from Marrico (Sovereign Square)...
Landsec sells mixed-use commercial building in London for €195m
Landsec has agreed to sell 32-50 Strand, London, WC2 for £195 million, representing a net initial yield of 4.2%.
The buyer is Sinarmas Land Limited,...
Deka acquires logistics project in France for €160m
Deka Immobilien has exchanged contracts to acquire a logistics project in the Paris metropolitan region of Île-de-France for €160 million from Gemfi, the development...
Heimstaden appoints Amit Kumar as Head of UK Operations
Heimstaden has appointed Amit Kumar as Head of UK Operations.
Amit has spent the past 14 years managing operations for housing and hospitality businesses in...
Macquarie buys French logistics facilities in forward funding deal
Macquarie Asset Management, on behalf of the Macquarie GLL European Property Fund, will expand its presence in France by acquiring two logistics facilities in...
UK CRE capital values rise 1.3%, driven by retail warehouses
UK commercial real estate(CRE) capital values rose 1.3% in April 2022, according to the latest CBRE Monthly Index. This growth was driven by retail...
