Allianz Real Estate secures first third-party investor for its €3bn debt fund
Allianz Real Estate has secured its first third-party client for its €3 billion Luxembourg-based debt fund. German pension fund Bayerische Versorgungskammer (BVK) will co-invest...
KKR commits $1bn to form data center platform in Europe
Global investment firm KKR and Franek Sodzawiczny, a data center entrepreneur and executive, announced Global Technical Realty (GTR), a build-to-suit and roll-up acquisition data center...
Hammerson CEO David Atkins to step down
David Atkins announced he has decided to step down as chief executive of Hammerson plc with the agreement of the Board. He will remain...
Allianz Real Estate buys prime office property in Milan for €140m
Allianz Real Estate has acquired a prime office property in the central business district of Milan for €140 million in a sale-and-leaseback deal with...
PATRIZIA buys healthcare asset portfolio in Germany
PATRIZIA AG has acquired a portfolio of seven healthcare assets in Germany, on behalf of PATRIZIA Social Care Fund III from Senioren-Wohnen Holding GmbH,...
Joint venture to buy stake in Sainsbury’s supermarket portfolio for £102m
UK supermarket real estate investor Supermarket Income REIT has formed a 50:50 joint venture (JV) with British Airways Pension Trustees Limited (BAPTL), acting on behalf of the British...
Gazeley leases 186,000 sq ft unit at Magna Park Lutterworth site to Bleckmann
Gazeley has leased a 186,000 sq ft unit at its Magna Park Lutterworth site to Bleckmann, a market leader in Supply Chain Management (SCM)...
Klépierre reopens majority of shopping centers in Europe
European shopping malls investment and management company Klépierre announced that the vast majority of its shopping centers have reopened in Europe.
Since early May, restrictive...
KKR acquires majority stake in French private real estate company
Global investment firm KKR has acquired a strategic stake in Etche from Groupe BMF and co-founders. Etche is a private real estate company, founded...
Amazon funds urban greening program to increase climate-resilience of German Cities
The effects of climate change, such as extreme heat, urban flooding and biodiversity loss, have an increasing impact on cities. Amazon is supporting The...
Legal & General sells London retail asset for £25m
Legal & General, on behalf of its BMW (UK) Trustees fund, has sold 36-46 St John’s Road, Clapham Junction, a prime London retail asset,...
Coronavirus hits German economy hard
The corona pandemic has hit the German economy hard. According to the Federal Statistical Office (Destatis) report, the gross domestic product (GDP) in Germany decreased...
