PGIM Real Estate acquires site near Munich for data centre development
PGIM Real Estate plans to develop a 30 MVA (megavolt ampere) data centre project near Munich, Germany.
The company recently acquired a property north of...
Iain Murray joins Bidwells as head of operational living
Bidwells has made a strategic move to strengthen its position in the burgeoning operational living market.
The company announced the appointment of experienced operational...
Ardian and Prelios secure green loan for Milan properties
Ardian and Prelios SGR have obtained a €50 million green loan from Crédit Agricole Corporate & Investment Banking (Crédit Agricole CIB) Milan Branch.
Crédit...
Azora acquires two urban hostels in Dublin and Barcelona
Madrid-based European real estate investment manager Azora has purchased two hostels located in Dublin and Barcelona on behalf of its Azora European Hotel and...
Supermarket Income REIT buys Carrefour portfolio in France
UK-based Supermarket Income REIT has expanded its portfolio with the acquisition of a portfolio of Carrefour supermarkets in France.
The deal was structured as...
Vonovia sells 4,500 apartments for €700m
The city of Berlin is acquiring around 4,500 apartments from Vonovia SE in a €700 million deal.
They are located in the district of Lichtenberg...
Global prime office rents up modestly, net effective costs surge in low-occupancy regions
Prime office rents in major global cities have witnessed a modest rise of 1.1% year-over-year (YoY) as of Q1 2024, according to Savills' latest...
CPI Property Group sells €463m Czech portfolio to S Immo
CPI Property Group has signed a binding agreement to offload a portfolio comprising six properties situated in the Czech Republic to S Immo.
A subsidiary...
Derwent London divests Clerkenwell building for £77m
Derwent London has agreed to sell its freehold interest in Turnmill, the 70,300 sq ft office and retail building in Clerkenwell, EC1, for £77.35m....
KKR to buy student housing portfolio from Blackstone for $1.64bn
KKR has agreed to acquire a portfolio of 19 purpose-built student housing properties from Blackstone Real Estate Income Trust (BREIT) for $1.64 billion.
The over...
Hines secures financing from Investec for West Midlands industrial portfolio
Hines’ European Value Fund 2 (HEVF2) has secured financing from Investec Real Estate for the acquisition of four multi-let industrial estates in the West...
Life sciences take-up in UK’s Golden Triangle soars 25% year-on-year
According to Knight Frank, the UK's 'Golden Triangle' encompassing London, Oxford, and Cambridge witnessed a notable increase in life sciences take-up, reaching approximately 186,000...
