Hammerson has exchanged unconditional contracts on the sale of a portfolio of seven retail parks to Orion European Real Estate Fund V (Orion) for a headline price of GBP400 million with expected net proceeds of GBP395 million.
Central London investment totalled GBP607.1m in January 2020, a 138.5 per cent increase compared with January 2019, indicating continued positive momentum from December and heightened investor confidence, according to international real estate adviser Savills.
We are conducting a survey of the entire Property Funds World readership to assess the best Property/Real Estate Fund Managers, Investors, Consultants, Advisers and Service Providers during 2019 in a range of categories covering the entire Property Funds space.
Property funds enjoyed a month of relative respite in January, according to the latest Fund Flow Index (FFI) from global funds network Calastone.
Barings has provided a EUR240.3 million floating rate senior loan to Mikare Group, the German investment company, to finance the construction of a 45,000 sq m mixed use scheme in Berlin.
Great Portland Estates (GPE) has signed a GBP450 million ESG-linked unsecured revolving credit facility (RCF) at a headline margin of 90 basis points over LIBOR with a group of five existing relationship banks.
London is set for an increase in commercial real estate investment in 2020 as international investors target the capital’s high-yielding office market, following the decisive 2019 UK General Election result.
Frasers Property UK has signed the Better Buildings Partnership’s (BBP) Climate Change Commitment. The BBP’s Climate Change Commitment unites signatories in targeting carbon net zero by 2050 and commits all signatories to publish their net-zero pathways by the end of this year.