Tag Archives: real estate

EBRD Invests €30 Million in Sustainable Real Estate Projects Across Baltic and Eastern Europe

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering sustainable real estate initiatives in the Baltic states and central and eastern Europe with a €30 million investment in UAB Urban Hub Holding, a joint venture with UAB … Read the full press release

Savills Unveils New State-of-the-Art Office in Bath’s Historic Milsom Street

(IN BRIEF) Savills, a real estate firm, has relocated to a new office in Bath, UK, situated on Milsom Street, a historic shopping street. The 2,500 sq. ft. office, housed in an elegant Georgian building, offers a modern and flexible … Read the full press release

Global Listed Real Estate Sees Hope Amidst Challenges: Improving Economic Outlook and Bargain Valuations Offer Opportunities

(IN BRIEF) Global listed real estate has experienced a significant correction, with a 25% drop in EUR terms since the beginning of 2022, leading to property companies trading at a 20% discount to their net asset value (NAV). In Europe, … Read the full press release

French Capital’s European Real Estate Investments Surge in H1 2023, Spain Tops Destination

(IN BRIEF) According to Savills research, French capital invested in European real estate reached nearly €3.2 billion in H1 2023, constituting 10% of all cross-border investments. This represents a significant increase from the 5% share recorded in the previous year … Read the full press release

Siemens Partners with PRODEA Investments for Digital Transformation and Sustainability of Real Estate Portfolio

(IN BRIEF) Siemens, a global technology company, has teamed up with PRODEA Investments, a leading real estate investment company in Greece and Southeast Europe, to implement Building X, a digital building platform. The partnership aims to accelerate PRODEA Investments’ digital … Read the full press release

Demand Soars for Savills Auctions, Prompting Recruitment Drive and Record Property Sales

(IN BRIEF) Savills Auctions has announced the addition of three new recruits to its team to meet the growing demand for its auction services. The hires bring expertise across the commercial sector, and their appointments come after a record-breaking year … Read the full press release

Transparent and Credible: Citycon Enhances Sustainability Efforts with Updated Strategy for a Greener Future

(IN BRIEF) Citycon, a real estate company, has updated its sustainability strategy to align with its ambitious goals for 2030. The new strategy focuses on six key areas: carbon neutrality, sustainable mobility, community engagement, sustainable value chain, circularity and natural … Read the full press release

Aviva and Stories partner to invest in UK real estate for community facilities and affordable housing

(IN BRIEF) Insurance company Aviva has partnered with property developer Stories to invest £100m in UK real estate and infrastructure projects. The venture will mark the first funding commitment from Aviva Capital Partners, Aviva’s new in-house capital unit which develops … Read the full press release

Savills Capital Advisors hires John Rubbert to lead real estate debt financing division

(IN BRIEF) Savills Capital Advisors (SCA) has hired John Rubbert, a real estate debt financing expert with over 20 years of experience, as their latest addition to the team. Rubbert previously held the position of Managing Director, Co-Head of Origination … Read the full press release

Savills Capital Advisors hires Karl Kelly as Associate Director

(IN BRIEF) Savills Capital Advisors (SCA) has hired Karl Kelly as an Associate Director in its team. Kelly brings 10 years of experience in real estate investment, having worked on acquisitions for the Active Value team at ALMCOR, a pan-European … Read the full press release

Maxine Burnett leitet das Savills EMEA Occupyer Services Team

(PRESSEMITTEILUNG) LONDON, 12-Aug-2022 — /EuropaWire/ — Savills (LON: SVS), einer der weltweit führenden Immobilienberater , hat die Ernennung von Maxine Burnett zur neuen Mietverwaltungsdirektorin des Unternehmens für das EMEA-Occupier-Services-Team bekannt gegeben. Maxine wird zwischen dem Büro in Leeds und dem … Read the full press release

CapMan Nordic Real Estate II Fund announced it sold 29,000 sqm office building in Södra Värtan, Stockholm to Areim, an independent Nordic property owner and fund manager

(PRESS RELEASE) HELSINKI, 1-Feb-2022 — /EuropaWire/ — CapMan, a leading Nordic private asset expert listed on the Nasdaq Helsinki, has announced that its CapMan Nordic Real Estate II Fund sold two adjacent properties, Lybeck 2 and Ladugårdsgärdet 1:51, with a … Read the full press release

Lorenzo Peñalver to become the Investment Director of Hines in Spain

(PRESS RELEASE) MADRID, 12-Jan-2022 — /EuropaWire/ — Hines, one of the largest privately held real estate investors and managers in the world, has announced it appointed Lorenzo Peñalver as its Investment Director in Spain. Lorenzo has 16 years of experience … Read the full press release

Credit Suisse’s Swiss Office Property Market 2022 study: home working trend is likely to keep impacting the office property market for several more quarters

(PRESS RELEASE) ZÜRICH, 8-Dec-2021 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the publication of its study on the Swiss office property market. The full report made in English and called … Read the full press release

Schroders Capital takes over Cairn Real Estate, a Dutch real estate fund and asset management firm

(PRESS RELEASE) LONDON, 11-Nov-2021 — /EuropaWire/ — Schroders Capital, one of Europe’s largest real estate managers, has announced the acquisition of Cairn Real Estate, a real estate fund and asset management business based in the Netherlands with €1.3 billion¹ of … Read the full press release

Savills: European office space demand shifts away from the tech sector; advanced manufacturing and pharmaceutical sectors step in

(PRESS RELEASE) LONDON, 19-Aug-2021 — /EuropaWire/ — Savills (LON: SVS), one of the world’s leading property advisors, has released its latest research on the European office space market. According to the study there has been a shift in demand for … Read the full press release

Savills welcomes Jennifer Gill to leisure and trade team as associate director

(PRESS RELEASE) LONDON, 16-Dec-2020 — /EuropaWire/ — Global real estate services provider Savills announces that it has appointed Jennifer Gill as associate director to boosted its Leisure and Trade team at its Chester office. Jennifer has over seven years’ experience … Read the full press release

CapMan Real Estate sells Helsinki office building to Swedish real estate company Castellum for EUR 23 million

(PRESS RELEASE) HELSINKI, 14-Dec-2020 — /EuropaWire/ — CapMan Nordic Real Estate Fund announces an agreement to sell an office building in the Sörnäinen district of Helsinki to Castellum. Hämeentie 15 is a historic property strategically located north of Helsinki CBD. … Read the full press release

Dutch real estate investment firm Wereldhave awarded the GRESB 5 Star rating for the seventh consecutive year

(PRESS RELEASE) SCHIPHOL, 26-Nov-2020 — /EuropaWire/ — Wereldhave (AMS: WHA), a Dutch real estate investment company, has announced it received multiple recognitions for various results of its CSR and sustainability program ‘A Better Tomorrow’, as well as approval for its … Read the full press release

Savills: European hotel occupancy rates grew to 38.6% in Q3 2020

(PRESS RELEASE) LONDON, 5-Nov-2020 — /EuropaWire/ — Savills (LON: SVS), a global real estate services provider, has released its insight on to the European hotel occupancy during the third quarter of 2020. According to the research, pricing shifts in Europe’s … Read the full press release

Savills UK office report: still far too early to assess the true impact of homeworking on businesses

(PRESS RELEASE)LONDON, 17-Sep-2020 — /EuropaWire/ — Savills, a global real estate services provider, has released a new report on the UK regional office market (excluding central London and the South East). According to the report the UK regional office market … Read the full press release

EQT to support idealista’s next stage of growth

EQT IX to acquire the leading online real estate classifieds platform in Southern Europe idealista (PRESS RELEASE) STOCKHOLM, 10-Sep-2020 — /EuropaWire/ — The EQT IX fund announces that it has agreed to invest in idealista (“the Company”) by acquiring majority … Read the full press release

Savills announces successful first ever August auction

Savills first August auction had a success rate of 86%, ultimately raising over EUR 22 million (£20m) (PRESS RELEASE) LONDON, 27-Aug-2020 — /EuropaWire/ — Global real estate services provider Savills held its first ever August auction on 25 August that … Read the full press release

Schroders strengthens its private assets and real estate offerings with the acquisition of majority stake in Pamfleet

(PRESS RELEASE) LONDON, 1-Jul-2020 — /EuropaWire/ — British multinational asset management company, Schroders has reached an agreement to acquire majority stake in a value-add real estate investment manager, Pamfleet. Pamfleet, with offices in Hong Kong, Shanghai and Singapore, currently has … Read the full press release

Savills survey reveals physical office space remains a necessity but is set to change

(PRESS RELEASE) LONDON, 24-Jun-2020 — /EuropaWire/ — International real estate advisor Savills has undertaken a survey which explores how people have responded to working from home and what the future impacts on office space might be. The survey reveals that … Read the full press release

On behalf of Park Leisure 2000, Savills sells Allerthorpe Golf & Park Retreat in East Yorkshire

(PRESS RELEASE) LONDON, 3-Apr-2020 — /EuropaWire/ — Savills announces the sale of Allerthorpe Golf & Park Retreat near Pocklington, East Yorkshire to a local operator for an undisclosed sum. The transaction is on behalf of Park Leisure 2000 Ltd. Set … Read the full press release

CapMan Nordic Property Income Fund form high-quality modern office sub-portfolio with three acquired assets in Greater Helsinki

(PRESS RELEASE) HELSINKI, 15-Aug-2019 — /EuropaWire/ — CapMan Nordic Property Income Fund completed two separate transactions to form a high-quality modern office sub-portfolio. Together the properties form a c. 14,500 sqm office portfolio with over 5- year blended lease maturity … Read the full press release

CapMan Nordic Real Estate II fund adds Cavonius building in Helsinki to its City Pearls portfolio

(PRESS RELEASE) HELSINKI, 15-May-2019 — /EuropaWire/ — CapMan Nordic Real Estate II fund acquires an office and retail property located at Pohjoisesplanadi 21, Helsinki. The Cavonius building is already the fund’s third acquisition to its City Pearls portfolio investing in … Read the full press release

YIT started major apartment building projects in Finland with total value of nearly EUR 60 million

(PRESS RELEASE) HELSINKI, 10-Jan-2019 — /EuropaWire/ — YIT started several apartment building projects in Finland in October–December 2018. The largest of these projects are Tampereen Kanavamestari, Helsingin Tanhua and Vantaan Hortensia. The total value of these projects is nearly EUR 60 … Read the full press release

Icade sold its headquarters building in Issy-les-Moulineaux for €98.8 million to major French institutional investor

(PRESS RELEASE) Issy-les-Moulineaux, France, 04-Jan-2019 — /EuropaWire/ — On December 28, 2018, pursuant to the preliminary agreement signed last October 25 Icade sold Open (9,200 sq.m), its headquarters building located in Issy-les-Moulineaux, for €98.8 million excluding duties, to a major French … Read the full press release

EQT Real Estate I fund acquired a vacant office property located in Clichy Saint-Ouen, North Paris

The transaction represents EQT Real Estate’s fourth acquisition in Paris – a 9,050 square metre vacant office property for a price of EUR 42 million The property is located on rue Mozart in Clichy Saint-Ouen, North Paris, less than 200 … Read the full press release

KfW Construction Award 2019 now open for applications

A total of up to EUR 35,000 in prize money “New construction” and “modernising existing buildings” categories Apply by 20 February 2019 FRANKFURT, 07-Dec-2018 — /EuropaWire/ — The application phase for the KfW Construction Award 2019 is starting now. Until … Read the full press release

AXA Investment Managers – Real Assets to acquire the management of $9.4 billion of U.S. commercial real estate loan mandates from Quadrant Real Estate Advisors

AXA Investment Managers – Real Assets and Quadrant Real Estate Advisors announce they have reached an agreement whereby AXA Investment Managers – Real Assets will acquire from Quadrant Real Estate Advisors one of its U.S. lines of business including a … Read the full press release

Digitisation: HIH Group Selects Assetti as its Web-Based Platform Solution

HELSINKI, 04-Oct-2018 — /EuropaWire/ — The HIH Group will be using Assetti as its web-based asset management tool to drive the progressing digitisation of its management processes. This was announced by the company today. Assetti supports the seamless collaboration between … Read the full press release

Robin Hubbard appointed Head of Real Estate Capital at Schroder Real Estate

LONDON, 13-Aug-2018 — /EuropaWire/ — Schroder Real Estate has today announced the appointment of Robin Hubbard to the role of Head of Real Estate Capital. The appointment is the latest in a series of senior hires made by Schroder Real Estate, … Read the full press release

Erste Group Immorent and STRABAG Real Estate start construction work on the business park silo plus in Liesing, Austria

Cornerstone laid and opening ceremony for construction of silo plus in Liesing Erste Group Immorent and STRABAG Real Estate are constructing around 20,000 m² of office space with perfect access to public transport VIENNA, 04-Jul-2018 — /EuropaWire/ — On 27th of June … Read the full press release

CONDA ICO: Whitelisting phase started as of April 1st

On Easter Sunday, April 1st 2018, Austrian crowdfincancing platform CONDA began the whitelisting phase of its Initial Coin Offering (ICO). Moving forward, interested parties can register online, even before the official start of the crowd sale. VIENNA, 10-Apr-2018 — /EuropaWire/ … Read the full press release

Bouygues Bâtiment Ile-de-France property development arm Linkcity Ile-de-France sold three buildings in the new Chapelle International neighbourhood, north-east Paris

PARIS, 14-Mar-2018 — /EuropaWire/ — Linkcity Ile-de-France, the property development arm of Bouygues Bâtiment Ile-de-France, a subsidiary of Bouygues Construction, has completed the sale of three buildings in the new Chapelle International neighbourhood, located in the 18th district of Paris, … Read the full press release

AXA Investment Managers – Real Assets and Bixby Land Company form joint venture to acquire up to €320 million of logistics properties in the Western U.S

PARIS, 22-Feb-2018 — /EuropaWire/ — AXA Investment Managers – Real Assets (“AXA IM – Real Assets”), a global leader in real asset investments and the largest(1) real estate investment manager in Europe, and Bixby Land Company (“Bixby”), a leading Western U.S. commercial … Read the full press release

ECE: MQ Real Estate to build modular hotel on top of Ring-Center 2 shopping center in Berlin

Future topic: Densification in metropolitan cities HAMBURG, 13-Feb-2018 — /EuropaWire/ — The hotel developer MQ Real Estate, founded in 2014, will construct the world’s first modular hotel on top of a shopping center in Berlin.  For this, a new story … Read the full press release