URW sells its stake in Jumbo shopping centre,Helsinki
Unibail-Rodamco-Westfield (URW) has sold its 34% stake in the Jumbo shopping centre in Helsinki, Finland, to current co-owner Elo Mutual Pension Insurance Company.
The net...
GCM Grosvenor-backed fund targets $3tn European real estate credit market
Zenzic Capital has launched the Zenzic Real Estate Credit Opportunities Fund, an opportunistic European credit evergreen vehicle anchored by funds managed by GCM Grosvenor,...
Heimstaden Bostad raises capital from UK pension fund
European residential real estate company Heimstaden Bostad AB raises SEK 3,337 million (€299 million) in new equity from UK-based Greater Manchester Pension Fund and existing shareholders.
The proceeds will partly finance the...
Astarte launches £400m real estate fund to invest in London market
Astarte Capital Partners has launched a new £400m real estate fund to invest in London market. According to the company, the new investment platform...
CLS secures major government lease at Gotic Haus, Dortmund
CLS Holdings plc has signed an eight-year, index-linked lease for 14,700 sqm (158,230 sq. ft) of office space, including 290 parking spaces, at Gotic...
European non-listed real estate posts worst performance in Q4 since GFC
The INREV Quarterly Fund Index Q4 2022 reveals a significant downturn in performance, as real estate prices adjust to reflect the weaker economic environment....
Eurozone GDP rises 0.4% in Q1 2019
Seasonally adjusted GDP rose by 0.4% in the euro area (EA19) and by 0.5% in the EU28 during the first quarter of 2019, compared...
Starlight’s UK expansion continues with tenth BTR acquisition in Maidenhead
Starlight Investments has acquired a new build-to-rent (BTR) development in Maidenhead, Berkshire, from Countryside Properties (UK) Limited, a subsidiary of Vistry Group.
The scheme forms...
Aviva Investors snaps up two retail assets in southern England
Aviva Investors has completed the purchase of two retail assets in the south of England.
The company acquired Hedge End Retail Park in Southampton and...
Korean investor acquires 50% stake in Milan office property
Meritz Financial Group, a South Korean financial holding company with a market cap of Euro 1.6 billion and consolidated assets of Euro 40 billion,...
UK property fund outflows remain elevated as ‘risk-off’ sentiment persists
Property funds saw outflows of £79 million in October, according to the latest Fund Flow Index (FFI) from Calastone.
The data marks the second consecutive...
ARA Asset Management acquires Regional REIT’s asset manager
Singapore-based global real asset manager ARA Asset Management has acquired a majority shareholding stake in Regional REIT's asset manager, London & Scottish Property Investment Management.
Regional REIT is...
