AEW UK REIT buys mixed-use asset in Bath
AEW UK REIT has purchased a freehold, mixed-use asset in Bath city centre for £11,500,000, reflecting an attractive net initial yield of 8.0% and a capital value of £223 per sq...
PATRIZIA sells iconic office building in Hamburg to Union Investment
PATRIZIA AG has sold the iconic Ericus-Contor office building in Hamburg, Germany, to Union Investment Real Estate GmbH. The purchase price was not disclosed.
The...
Derwent London sells Fitzrovia office asset for £110.5m
Derwent London has exchanged contracts with Lone Star Real Estate for the disposal of 90 Whitfield Street, W1, for £110.5 million before costs, the...
Verdion raises €75m in initial closing for second European logistics fund
Verdion has announced the initial closing of its second value-add fund, Verdion European Logistics Fund 2, with €75 million of equity commitments.
VELF2 has a value-add strategy to...
Allianz Real Estate buys prime office building in Budapest
Allianz Real Estate has acquired Eiffel Square, a prime office building located in Budapest's central business district (CBD), in an off-market transaction. The 10-year-old complex...
Barings strikes €70m forward deal for affordable BTR project in Madrid
Barings has agreed a forward commitment with Spanish developer Aurora Homes for the development of 305 affordable Build-to-Rent (BtR) homes in Madrid, in a...
Round Hill Capital makes €90m investment in Berlin for residential fund
Round Hill Capital has acquired 541 residential for rent units across seven assets in Greater Berlin for €89 million in three transactions.
The acquisitions were...
Legal & General buys urban logistics scheme for £23m
LGIM Real Assets (Legal & General), on behalf of its Managed Property Fund (Fund), has acquired a 139,288 sq ft urban logistics scheme in...
Berkeley flags Middle East tensions as risk to housing market sentiment
The Berkeley Group Holdings plc reaffirmed its full-year profit guidance on Friday, saying it expects to deliver about £450 million in pre-tax profit for...
ICG Real Estate buys Vodafone-leased data center portfolio in London
ICG Real Estate has completed the acquisition of freehold digital infrastructure assets in Central London, which are let to Vodafone UK, for £125m.
Upon...
BNP Paribas REIM buys office building in Milan
BNP Paribas REIM Italy SGR, on behalf of a managed real estate fund reserved for investors professional, has acquired a 10,600 sq m office...
UK Government proposes seven new towns in major housing push
The UK government has unveiled plans for seven new towns as part of the country’s most ambitious housebuilding programme in over 50 years, aiming...
