Category Archives: Real Estate

Real Estate Press Releases & News distributed via EuropaWire

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

ECE undergoes restructuring; becomes ECE Group by January 1, 2021

ECE transforms from a former shopping-center developer to a broad-based real-estate and investment group (PRESS RELEASE) HAMBURG, 2-Sep-2020 — /EuropaWire/ — ECE is restructuring and as of January 1, 2021 will be an integrated group of companies in the real-estate … Read the full press release

Citycon reports increase in tenant sales by 11% for the month of July

(PRESS RELEASE) ESPOO, 27-Aug-2020 — /EuropaWire/ — Citycon announces an 11% increase in its tenant sales on a total basis for the month of July compared to the same month in 2019. Sales increased by 8% for the same period … 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

Skanska purchased 11,500 square meters of land in Houston from Houston Westmont LP for USD 27 million

(PRESS RELEASE) STOCKHOLM, 5-Aug-2020 — /EuropaWire/ — Skanska, one of the leading construction and development companies with substantial activities in the United States, has announced it has acquired some 11,500 square meters of land in Houston, TX, from Houston Westmont … Read the full press release

EQT Infrastructure IV’s Asia Pacific Village Group Limited to acquire Metlifecare, major retirement villages operator

APVG, an entity owned by EQT Infrastructure has entered into a new Scheme Implementation Agreement to acquire 100 percent of Metlifecare’s shares The transaction consideration of NZD 6.00 per share gives a total consideration of approximately NZD1.3 billion Metlifecare’s largest … 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

Urban development: AF Gruppen starts site preparation and basement work at Clemenskvartalet, Bispevika Syd

(PRESS RELEASE) OSLO, 17-Jun-2020 — /EuropaWire/ — One of the largest civil engineering and construction companies in Norway AF Gruppen has announced that it has entered into a final agreement for the site preparation and basement work at Clemenskvartalet, Bispevika … Read the full press release

Skanska sells sustainable retirement home in Stockholm, Sweden for more than 30M EUR

(PRESS RELEASE) STOCKHOLM, 17-Jun-2020 — /EuropaWire/ — Multinational construction and development company, Skanska sells its sustainable retirement home in the new district of Täby Park in Stockholm, Sweden. The 80-apartment property was sold to SPP Fastigheter for more than 30M … Read the full press release

Savills part of yet another landmark M&A deal in the student accommodation sector on behalf of M3 Evergreen

M3 retains global rights to the Urbanest brand (PRESS RELEASE) LONDON, 7-May-2020 — /EuropaWire/ — Global real estate services firm Savills plc has just announced it has advised M3 Capital Partners’ principal investment vehicle Evergreen on its deal for the … Read the full press release

Citycon announces the appointment of Sanna Yliniemi as the new Vice President, Centre Management

(PRESS RELEASE) ESPOO, 3-Apr-2020 — /EuropaWire/ — Citycon welcomes new Vice President, Centre Management, Sanna Yliniemi. She will be responsible at the Group level for the operations and results of the approximately 40 shopping centres owned by Citycon. Sanna held … 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

COVID-19: Restaurants and cafés at CapMan’s fully owned premises in Finland relieved from paying rent

COVID-19: Restaurants and cafés at CapMan’s fully owned premises in Finland relieved from payment rent

(PRESS RELEASE) HELSINKI, 3-Apr-2020 — /EuropaWire/ — Real estate investor active across the Nordic region CapMan Real Estate announced it will relieve the restaurant and café tenants at premises from its portfolio from paying rent for 2 months due to … Read the full press release

Real estate investment firm Wereldhave commits to align its Full Service Centers with the objectives of the Paris Climate Agreement

Real estate investment firm Wereldhave commits to align its Full Service Centers with the objectives of the Paris Climate Agreement

The RE firm will establish a 2°C roadmap for its Full Service Centers aimed at reducing carbon emissions (PRESS RELEASE) SCHIPHOL, 13-Mar-2020 — /EuropaWire/ — Real estate investment firm Wereldhave active in the Netherlands, Belgium and France said it will … Read the full press release

Savills welcomes new team members to its Chester and Manchester office as surge in activity seen in North West

(PRESS RELEASE) LONDON, 4-Mar-2020 — /EuropaWire/ — Savills welcomes two new team members to its Chester and Manchester office to strengthen its leisure and trade valuation business in the North West. Polly Graham has been transferred from Savills Oxford office, … Read the full press release

Skanska sells Solna United office building to a fund managed by DWS for more than 300 million euros

(PRESS RELEASE) STOCKHOLM, 21-Feb-2020 — /EuropaWire/ — Skanska announces divestiture of an office building in Solna, Sweden for about SEK 3.3 billion (more than 300 million euros). Solna United, located next to Solna station in Arenastaden, was acquired by a … Read the full press release

ECE Fund II in Spain buys Intu Asturias shopping center in Oviedo from intu properties plc and Canada Pension Plan Investment Board for EUR 290 million

(PRESS RELEASE) HAMBURG, 29-Jan-2020 — /EuropaWire/ —The  European leader in the shopping centers market ECE announced that its ECE Fund II in Spain has acquired the “intu Asturias” shopping center in Oviedo, Spain. Post acquisition, the ECE Fund II has … Read the full press release

Bank of Scotland relaunches its Argyle Street branch with the latest in interactive digital technology

(PRESS RELEASE) LONDON, 16-Dec-2019 — /EuropaWire/ — Bank of Scotland has announced it is reopening its completely overhauled Argyle Street branch following multi-million pound renovation. The branch in Glasgow has been designed to meet the changing needs of high street … Read the full press release

Skanska sells 90% interest in the Bank of America Tower office property in Houston, Texas, USA for USD 373 M, about SEK 3.5 billion

(PRESS RELEASE) STOCKHOLM, 11-Dec-2019 — /EuropaWire/ — Skanska sells 90 percent interest in the Bank of America Tower office property in Houston, Texas, USA to an affiliate of Beacon Capital Partners. The transaction amounts to USD 373 M, about SEK … Read the full press release