latestnews

F&C Commercial Property Trust Limited (FCPT), which is managed by BMO Real Estate Partners (BMO RE”), has agreed two new restaurant lettings with Caprice Holdings Ltd and Homeslice at its St Christopher’s Place central London estate. »

LaSalle Investment Management’s (LaSalle) Canada Property Fund (LCPF), the firm’s flagship open-ended core real estate fund in Canada, has secured up to CAD350 million of new capital commitments to add to its initial seed investment and launch in December 2017. »

Selling and leasing back is becoming an increasingly attractive option for value-add investors to source property in a European market where assets available for sale are rare, according to international real estate advisor Savills. »

Savanna, a New York City-based real estate investment manager, owner/operator and developer, has sold a passive, minority equity stake in its business to TK Partners, a consortium of institutional investors led by Tunbridge Investment Partners. »

Independent fund and corporate services provider, the Aztec Group, has been selected to administer Cording Real Estate Group’s GBP400 million UK residential fund. »

Independent building and project consultancy Paragon has been instructed by property development and investment company Allied London on the landmark redevelopment of Manchester’s ABC Buildings, as part of the GBP1.35 billion Enterprise City masterplan for St John’s. »

OakNorth has completed its largest deal to date – a GBP40.2 million loan to Select Property Group for the development of two residential towers: an 18-storey building consisting of 147 residential units called Exchange Point, and a 16-storey building consisting of 209 residential units called Laurence Place. »

Tuvia, a Patrizia company, has agreed the forward purchase of Junghof Plaza, a 33,000-square metre, mixed-use property in Frankfurt, in an off-market transaction on behalf of a large German pension scheme. »

Maxx Properties (Maxx) has completed the acquisition of Cobble Creek Apartments, a 361-unit apartment community located in Salt Lake City, Utah. »