M&S confirms discussions with Ocado Group, says no certainty in agreement
Marks and Spencer Group released a new statement about media speculations that includes signing a £900m deal with Ocado Group.
Here is statement :
''Following press...
PGIM backs Valor-QuadReal UK logistics expansion with £40m financing
PGIM Real Estate has extended a further £40 million in financing to the Valor Real Estate and QuadReal Property Group logistics joint venture.
The new...
LondonMetric divests seven assets for £34m
LondonMetric Property has sold seven long income assets for £33.9 million (LondonMetric share: £29.6 million), reflecting a blended NIY of 4.5% and crystallising a...
Lendlease signs €2.5bn deal to develop Milan Innovation District project
Global property and infrastructure group, Lendlease, has signed an agreement to develop the Milan Innovation District, a major new district for science, knowledge and...
King Street and Apollo back £348m refi for London hotel
King Street Capital Management and alternative lender Cohort Capital, have partnered with funds managed by Apollo to provide a £348 million senior loan facility...
CIM Group enters European private real estate credit market
US-based real estate company CIM Group is expanding its $10 billion Real Estate Debt Solutions platform to Europe.
The company's credit platform plans to invest...
European hotel investment reaches €23bn in Q1 2019
European hotel real estate investment volume declined by 0.5 per cent year-on-year in the 12-months to Q1 2019, totalling €23.0 billion for the period,...
AEW Europe makes debut German life sciences investment in Munich
AEW Europe has completed the off-market acquisition of a newly built, fully let life sciences property from Aventin Real Estate in Gräfelfing, Munich —...
LondonMetric sells five distribution warehouses for £35m
LondonMetric Property has agreed to sell five distribution warehouses in two transactions for £34.8 million, reflecting a NIY of 5%.
Four of the assets have...
India’s Hero forms £500m JV with Catalyst Capital to invest in UK
India's Hero Enterprise has formed a £500 million joint venture with Catalyst Capital, the European real estate investment and asset management firm, to invest...
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...
Corem completes sale of 47 properties to Blackstone
Sweden-based commercial real estate company Corem Property Group has completed the previously announced sale of 47 properties in Sweden to a funds managed by an affiliate of US-based alternative...
