Total global real estate assets under management (AUM) hit a record EUR3.2 trillion at the end of 2019, according to the Fund Manager Survey 2020, published today by ANREV, INREV and NCREIF.
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PATRIZIA AG has sold a portfolio of seven retail properties in Germany to Captiva, a German real estate investment company, for EUR96 million.
Irish property company IPUT Real Estate (IPUT) has agreed a new and upsized EUR300 million revolving credit facility (RCF) with Wells Fargo Bank.
CC Land has appointed Cureoscity, a specialist in the connectivity of places, to create a new digital customer experience platform for The Leadenhall Building which will support the reoccupation of the office block when the lockdown restrictions are eased.
Global investment firm KKR has acquired a strategic stake in Etche from Groupe BMF and co-founders.
Real estate private equity firm Gaw Capital Partners has successfully raised GBP28.5 million in mezzanine financing to refinance its preferred equity on its landmark office building in Docklands, London.
PATRIZIA AG has sold Ericus-Contor office building in Hamburg, Germany, to Union Investment Real Estate in the largest single real estate transaction by value in Hamburg this year.
International real estate firm Hines is now letting residential units in the newly developing Berlin city quarter Südkreuz (”Stadtquartier Südkreuz”).
The European office market is starting to slow despite a positive start to 2020, according to Savills Spring 2020 European Office Outlook.
The rental market in London has remained buoyant since the coronavirus outbreak and will continue to be active in the coming months, according to estate agent Aston Chase.
In a recent white paper entitled Evolution in Asset Management, SEI pointed out that 70 per cent of US fund managers are currently looking to deploy advanced analytics in the front-office. The field of data science and machine learning-based data analysis is helping to transform how fund managers think about data to gain a competitive edge.