Category Archives: Real Estate

Real Estate Press Releases & News distributed via EuropaWire

pbb Deutsche Pfandbriefbank and Helaba to fund CBRE Global Investors’ acquisition of Skanssi shopping centre in Finland

EUR 67.2 million term loan facility provided towards the acquisition of the Skanssi shopping centre in Turku, Finland Munich/Stockholm, 07-Sep-2017 — /EuropaWire/ — pbb Deutsche Pfandbriefbank and Helaba provided a term loan facility of EUR 67.2 million to CBRE European Shopping … Read the full press release

CapMan Real Estate holds first and final closing of CapMan Nordic Real Estate II at EUR 425 million of equity commitments

HELSINKI, 06-Sep-2017 — /EuropaWire/ — CapMan Real Estate holds the first and final closing of CapMan Nordic Real Estate II (CMNRE II), its second pan-Nordic value-add fund, at EUR 425 million of equity commitments from Nordic, European and US institutional investors. … Read the full press release

Lloyds Bank Second Steppers report: 56% say it’s taken longer than expected to buy their next home

A quarter of first time homeowners looking to move up the property ladder – ‘Second Steppers’ – find it harder than buying their first home (up 18%) Over a third (35%) will delay having children / have less children than … Read the full press release

Lloyds Bank Homemover Review: number of homemovers fell by 2% in 1H 2017 vs same period 2016

There were 171,300 homemovers in the first six months of 2017 – 3,175 (2%) down from the first half of 2016. Homemovers account for around half (51%) of the housing market compared to 64% a decade ago. Over the past … Read the full press release

Berwin Leighton Paisner Germany advised Hines on the acquisition of the Mira Shopping Centre in Munich

MUNICH, 18-Aug-2017 — /EuropaWire/ — BLP Germany has advised Hines as asset manager for an institutional investor on the acquisition of the Mira Shopping Centre in Munich. Built in 2008, the Mira Shopping Centre covers roughly 24,000sq m and hosts around … Read the full press release

Lloyds Banking Group: we are proactively reimbursing customers in relation to mortgage arrears fees

LONDON, 31-Jul-2017 — /EuropaWire/ — Lloyds Banking Group has announced it will carry out a customer contact and remediation programme in relation to mortgage arrears fees. The Group initiated a review in agreement with the FCA in relation to how … Read the full press release

ABLV Bank: Pillar actively working on the development of the business and leisure area New Hanza

RIGA, 19-Jul-2017 — /EuropaWire/ — In the first six months of 2017, Pillar was actively working on the development of the business and leisure area New Hanza, as well as continued selling out its real estate portfolio. With the intensive non-stop … Read the full press release

Retail: Savills to acquire Larry Smith Italia

LONDON, 11-Jul-2017 — /EuropaWire/ — Savills has today, 5 July 2017,  announced the acquisition of Larry Smith Italia, a leading shopping centre and out of town management and leasing business based in Italy.  Combined with Savills existing capital markets and … Read the full press release

CapMan Real Estate sells an office building in Hämeenlinna, Finland to Kiinteistö Oy Hämeenlinnan Kopinkulma

HELSINKI, 07-Jul-2017 — /EuropaWire/ — CapMan RE II fund has sold an office building located at Kasarmikatu 4 in Hämeenlinna to Kiinteistö Oy Hämeenlinnan Kopinkulma. The transaction was completed on June 6, 2017. CapMan RE II fund invested in Kasarmikatu 4 … Read the full press release

CapMan Real Estate sells two office buildings in Helsinki to Areim Fund III

HELSINKI, 07-Jul-2017 — /EuropaWire/ — Real estate funds managed by CapMan have sold two office buildings located at Elimäenkatu 9 and 15 in Vallila, Helsinki, to Areim Fund III. The transaction was completed on June 30, 2017. CapMan Real Estate I … Read the full press release

Hines sold Mercedes-Benz Bank building in Stuttgart to the Baden-Württemberg Stiftung gGmbH

STUTTGART, 06-Jul-2017 — /EuropaWire/ — Hines, the international real estate firm, announced today the sale of the Mercedes-Benz Bank building which comprises of app. 24,000 sqm in Stuttgart to the Baden-Württemberg Stiftung gGmbH. The distinctive property which Hines acquired in February … Read the full press release

Félix Giorgetti and AG Real Estate to develop Goodyear’s future global innovation center and office buildings in Luxembourg

BRUSSELS, 06-Jul-2017 — /EuropaWire/ — Félix Giorgetti and AG Real Estate have signed a partnership in the form of a 30-year Design, Build, Finance and Maintain agreement (DBFM) to develop Goodyear’s future global innovation center and office buildings located at the new Luxembourg … Read the full press release

Pierre Philippot becomes Managing Director for France at Logicor

LONDON, 04-Jul-2017 — /EuropaWire/ — Logicor, a leading owner and operator of modern logistics facilities in Europe, announces the appointment of Pierre Philippot as Managing Director, France. Mr Philippot joined Logicor in September 2016, as Director, Customer Solutions. Prior to … Read the full press release

Rabobank and online platform Bleeve to help customers implement energy-saving measures

UTRECHT, 23-Jun-2017 — /EuropaWire/ — Lower energy bills, greater comfort and a home that appreciates in value. A sustainable home gives homeowners a host of benefits, but they often also see the path to solar panels and extra insulation as a … Read the full press release

Skanska sold the office building Five in Prague, Czech Republic to a real estate fund

STOCKHOLM, 22-Jun-2017 — /EuropaWire/ — Skanska has sold the office building Five in Prague, Czech Republic, to a real estate fund managed by TRIUVA Kapitalverwaltungsgesellschaft for EUR 50M, about SEK 480M. The transaction will be recorded by Skanska Commercial Development Europe … Read the full press release

Equistone Partners Europe Limited acquires majority stake in Willerby, UK’s leading manufacturer of static holiday homes

LONDON, 19-Jun-2017 — /EuropaWire/ — Equistone Partners Europe Limited (“Equistone”), one of Europe’s leading mid-market private equity investors, today announces its investment in Willerby (or “the Company”), the UK’s leading manufacturer of static holiday homes. Equistone has acquired a majority stake … Read the full press release

Council of Europe Development Bank (CEB): EUR 29 million loan for social housing in Malta

NICOSIA, 19-Jun-2017 — /EuropaWire/ —  The Council of Europe Development Bank (CEB) approved a € 29 million loan to support social housing in Malta. The project will benefit socio-economically disadvantaged groups by providing them with access to affordable housing. As housing … Read the full press release

AXA Investment Managers – Real Assets Announces Complete Acquisition of Area Sur Shopping Center in Jerez, Spain

PARIS, 19-Jun-2017 — /EuropaWire/ — AXA Investment Managers – Real Assets (“AXA IM – Real Assets”), a global leader in real asset investments and the leading(1) real estate portfolio and asset manager in Europe, announces that it has completed the acquisition, … Read the full press release

SGS-thinkstep consortium to provide certification services for IFC’s EDGE green building program in Ghana

GENEVA, 16-Jun-2017 — /EuropaWire/ — The consortium of SGS-thinkstep will serve as the sole provider of certification services for the International Finance Corporation’s (IFC’s) EDGE (Excellence in Design for Greater Efficiencies) green building program in Ghana. The agreement was signed on … Read the full press release

pbb Deutsche Pfandbriefbank loans EUR 36.5 million to Alma Property Partners for the acquisition of four office properties in Espoo

EUR 36.5 million acquisition and capex financing package Funding for the acquisition of four office properties located in the Keilaniemi office area in Espoo, Finland Munich/Stockholm, 15-Jun-2017 — /EuropaWire/ — pbb Deutsche Pfandbriefbank provided an acquisition and capex facility of … Read the full press release

Real estate industry veteran Mark Grinis succeeds Howard Roth as EY Global Real Estate, Hospitality & Construction Leader

NEW YORK, U.S.A., 15-Jun-2017 — /EuropaWire/ — EY is pleased to announce that 30-year real estate industry veteran Mark Grinis has been named the EY Global Real Estate, Hospitality & Construction Leader. Grinis previously led Real Estate for Ernst & Young … Read the full press release

Skanska invests EUR 46M in the first phase of the Brama Miasta office complex in Lodz, Poland

STOCKHOLM, 01-Jun-2017 — /EuropaWire/ — Skanska invests EUR 46M, about SEK 440M, in the first phase of the Brama Miasta office complex located in Lodz, Poland. The office building will be 15 stories high with a total leasable area of around … Read the full press release

Logicor signs its largest UK letting to date

LONDON, 18-May-2017 — /EuropaWire/ — Logicor has secured a deal with XPO Logistics (XPO) to take a new long-term lease on 645,000 sqft (59,920 sqm) at Bonehill Road, Tamworth B73HJ, its largest UK letting to date. The site previously housed a … Read the full press release

AXA IM – Real Assets, Klépierre complete extension and renovation of the Val d’Europe shopping centre in Marne-la-Vallée

PARIS, 28-Apr-2017 — /EuropaWire/ — AXA Investment Managers – Real Assets (“AXA IM – Real Assets”), a global leader in real assets investment and the leading(1) real estate portfolio and asset manager in Europe, together with Klépierre, has completed its latest … Read the full press release

Topping-out Ceremony for “Intelligent Quarters” held by STRABAG Real Estate and ECE

WATERMARK, SHIPYARD and FREEPORT are developed on the designated sites of Überseeallee HAMBURG, 25-Apr-2017 — /EuropaWire/ — STRABAG Real Estate GmbH (SRE) and ECE held the topping-out ceremony for the WATERMARK high-rise, the adjacent SHIPYARD office building, and the FREEPORT building … Read the full press release

ICADE Sante Acquires Two Clinics

PARIS, 25-Apr-2017 — /EuropaWire/ — Icade Santé (56.5% owned by Icade) acquired two clinics on April 12 and 13, 2017, respectively: the Ormeau MSO polyclinic in Tarbes (Hautes-Pyrénées) from the Médipôle Partenaires group, for a total of €43 million (including duties), … Read the full press release

EBRD buys 9.48 per cent stake in real estate investment trust company Griffin Premium RE..

Investment vehicle expected to be listed on Warsaw Stock Exchange on 13 April LONDON, 13-Apr-2017 — /EuropaWire/ — The EBRD has become a shareholder in Griffin Premium RE..N.V, a company structured as a real estate investment trust ( REIT) and operating … Read the full press release

AXA Investment Managers – Real Assets acquires Warwick Building in London from Legal & General

PARIS, 11-Apr-2017 — /EuropaWire/ — AXA Investment Managers – Real Assets (“AXA IM – Real Assets”), a global leader in real assets investment and the leading(1) real estate portfolio and asset manager in Europe, announces that it has completed, on behalf … Read the full press release

MINI LIVING – Breathe installation — an interpretation of resource-conscious, shared city living within a compact footprint

MUNICH/MILAN, 04-Apr-2017 — /EuropaWire/ — Attractive places to live are in increasingly short supply in today’s cities. And when it comes to those living spaces, the responsible use of resources is an issue of gathering urgency. MINI has teamed up with … Read the full press release

STRABAG selected to build 202 turnkey luxury residential units in Moscow

202 residential units in the centre of Moscow Scheduled completion in mid-2019 MOSCOW, 31-Mar-2017 — /EuropaWire/ — The European construction group STRABAG has been hired by AO Don-Stroy Invest – one of Moscow’s leading real estate developers for luxury apartments – … Read the full press release