Pbb provides €115m credit facility to abrdn property fund
Pbb Deutsche Pfandbriefbank (pbb) has provided a €115.4 mn credit facility to abrdn European Balanced Property Fund SICAV-FIS. The facility is secured on a...
Urban Logistics adds £90m of assets to portfolio
Urban Logistics, the last mile logistics focused REIT, has acquired five assets for £90 million, reflecting a 4.5% net initial yield (NIY). The REIT acquired; -Brent Road, Southall,...
Fiera Real Estate makes first acquisition for UK logistics fund
Fiera Real Estate and Wrenbridge have acquired a 2.3-acre site in Hemel Hempstead for a new 52,000 sq.ft Grade A industrial warehouse scheme with...
Logos, Manulife establish South Korea logistics venture with $200m seed asset
Logos and Manulife Investment Management have established Logos Korea Core Venture to invest in logistics facilities in South Korea. The partnership announced the acquisition of...
Elite Partners acquires warehouse in Poland
Elite Partners Capital has acquired a warehouse in Radomsko, Poland for €30 million in an off-market transaction. Singapore-based real estate fund manager said this marks its...
Garbe raises €200m in second closing for logistics fund
Garbe Industrial Real Estate has raised more than €200 million in its second closing of its Garbe Logistics Real Estate Fund Plus III(GLIF+III). Together with...
Schroders Capital sells two urban logistics assets for £200m
Schroders Capital has sold two prime urban logistics assets to Prologis UK for £200m. The two assets, based in Park Royal and Watford, comprise over 362,000ft²...
LondonMetric divests four properties for £25.6m
LondonMetric has sold four properties, in two separate transactions, for £25.6 million, reflecting a blended NIY of 5.3%. LondonMetric said the properties have a WAULT...
ESR, Chinachem form JV to develop logistics facility in Hong Kong
ESR Group Limited, through its wholly-owned subsidiary Sunrise Victory Limited, has formed a joint venture with Chinachem Group to develop a prime cold storage...
Panattoni secures planning consent for Rotherham logistics development
Panattoni has secured planning consent for a 710,000 sq ft speculative logistics development at Rotherham in South Yorkshire, England. Rotherham Metropolitan Borough Council has approved...