Category Archives: Real Estate

Real Estate Press Releases & News distributed via EuropaWire

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

CapMan Nordic Real Estate II fund makes its first exit just 2 years since inception

(PRESS RELEASE) HELSINKI, 6-Dec-2019 — /EuropaWire/ — CapMan Nordic Real Estate II fund announced it is selling a portfolio of eleven care properties in Finland to Sweden based property owner Hemfosa Fastigheter. CapMan Nordic Real Estate II fund was launched … Read the full press release

Construction company Skanska bought 26,200 sq. m. of land in Bucharest, Romania for EUR 24 million

(PRESS RELEASE) STOCKHOLM, 3-Dec-2019 — /EuropaWire/ — Construction and project development company Skanska announced it has acquired some 26,200 square meters of land in Bucharest, Romania. The land was bought from Intero Property Development Estates SRL as the price agreed … Read the full press release

Skanska takes part in major transformation of Ulven district in Oslo

(PRESS RELEASE) STOCKHOLM, 17-Sep-2019 — /EuropaWire/ — Skanska signs contract with Obos to build 168 apartments in Oslo, Norway. The NOK 344 M (about SEK 370 M) worth project is part of a major transformation of the Ulven district in … Read the full press release

Navigation Square’s NSQ1 office building in Cork, Ireland will house Clearstream’s growing funds business

Navigation Square’s NSQ1 office building in Cork, Ireland will house Clearstream’s growing funds business

New major location for Clearstream in Cork, Ireland (PRESS RELEASE) FRANKFURT, 13-Sep-2019 — /EuropaWire/ — Deutsche Börse Group and Clearstream, its post-trade services provider, have announced that they are opening a new office in NSQ1 building at Navigation Square in … 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

Logicor welcomes Michael Slattery, Managing Director at Blackstone as Interim Chief Executive Officer

(PRESS RELEASE) LONDON, 23-May-2019 — /EuropaWire/ — Michael Slattery, Managing Director at Blackstone, will join Logicor as Interim Chief Executive Officer. Mo Barzegar will retain a leadership role as Logicor’s Chairman. Buddy Roes, Logicor’s current Managing Director for Northern Europe, … 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

Equinor Energy AS: drilling of wildcat well 36/1-3 part of production licence 885 finished: the well is dry

(PRESS RELEASE) EDINBURGH, 3-Apr-2019 — /EuropaWire/ — Equinor Energy AS, operator of production licence 885, containing the Presto prospect, has just finished the drilling of wildcat well 36/1-3. Transocean Spitsbergen drilling facility was responsible for the drilling of the well … Read the full press release

City of Stockholm hires Skanska for the renovation of the Stockholm House of Culture & City Theatre

(PRESS RELEASE) STOCKHOLM, 22-Feb-2019 — /EuropaWire/ — The City of Stockholm has signed an agreement with the construction company Skanska to have the Stockholm House of Culture & City Theatre in central Stockholm, Sweden renovated. The renovation will cost the City of Stockholm around SEK 550 M … Read the full press release

ENTEGA Medianet to set up super-fast fiber optic Internet in Darmstadt’s Lincoln housing estate

(PRESS RELEASE) DARMSTADT, 4-Feb-2019 — /EuropaWire/ — The ENTEGA Medianet to install super-fast fiber optic cables for the apartments in Darmstadt’s Lincoln housing estate. The technology will provide much higher bandwidths than a copper cable supply. With the fiber connections data … Read the full press release

Statische Bundesamt (Destatis): 7 % der Bevölkerung in Deutschland lebten 2017 in einer überbelegten Wohnung

Überbelegungsquote mit 16 % im EU-Durchschnitt deutlich höher (PRESS RELEASE) WIESBADEN, 14-Jan-2019 — /EuropaWire/ — 7 % der Bevölkerung in Deutschland lebten 2017 in einer überbelegten Wohnung. Das heißt, der Haushalt verfügte über zu wenige Zimmer im Verhältnis zur Personenzahl. Wie das Statische … 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