CPP Investments allocates additional €475m to European PBSA joint venture
Canada Pension Plan Investment Board (CPP Investments) has allocated an additional €475 million (C$656 million) equity to the European student housing joint venture with...
Service Properties Trust announces new agreements with Marriott
-Combines Three Existing Agreements, Extends Term, Increases Credit Support, Provides for Renovation and Sale of Certain Hotels
Service Properties Trust (Nasdaq: SVC) has entered agreements...
GLP raises €1.6bn for pan-European logistics fund
GLP has raised an additional €500 million for its pan-European logistics fund, GLP Europe Income Partners II (GLP EIP II), following its first closing...
Supermarket Income REIT announces six acquisitions for £113m
Supermarket Income REIT has acquired six supermarkets for £113.1 million, reflecting a combined net initial yield of 4.6%.
Acquired from different vendors, the purchases...
Former City Hospital site in Birmingham set for 750 homes
Homes England has entered into a building lease agreement with Vistry to unlock the redevelopment of the former City Hospital site in Birmingham, marking...
Hines, Burstone form pan-European light industrial joint venture
Burstone Group and Hines have launched a pan-European joint venture (JV) to acquire and manage light industrial assets across Europe.
The partnership is seeded...
Korean investor buys distribution center in west Houston for $190m
South Korea-based international investor Mirae Asset Global Investments has acquired a 1.5 million-square-foot distribution center located on a headquarter campus in suburban Houston, Texas...
Clarion Partners Europe secures €30m loan for Paris logistics development
Clarion Partners Europe has closed a €30 million senior development loan and a circa €8 million VAT facility from Caisse d'épargne Ile-de-France (of French...
Assura rejects KKR’s fourth takeover proposal
Kohlberg Kravis Roberts & Co. L.P. (KKR), acting as an adviser to its affiliated investment funds and separately managed accounts, has confirmed submitting four...
Clearbell JV acquires two industrial assets as portfolio exceeds 1.6m sq ft
Clearbell Property Partners IV LP, a fund managed by Clearbell Capital LLP, together with its joint venture partner Deva Capital, has acquired two secondary...
Commerz Real acquires 142-bed student housing complex in Dublin
German asset manager Commerz Real has acquired Stoneybatter Place, a 142-bed student accommodation complex in Dublin, for its Institutional Smart Living Europe Fund.
The seller...
UK hotel transactions reach £2bn in 2023
In 2023, UK hotel transactions reached £2 billion, according to global property adviser Knight Frank.
Notably, the sector saw its pinnacle in Q4, securing...
