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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”).
Two UK retail property funds have become the latest coronavirus casualties with Columbia Threadneedle Investments temporarily suspending dealing in the Threadneedle UK Property Authorised Investment Fund (Threadneedle PAIF) and the Threadneedle UK Property Authorised Trust (Feeder Fund) from 12 noon on 18 March 2020.
Alltmore Commercial Property Fund offers access to investment in secondary office pavilions and business parks
The Alltmore Commercial Property Fund launches this week, offering institutional investors as well as high net worth and sophisticated individual investors, an opportunity to invest in high quality secondary office pavilions and business parks around Scotland, expanding UK-wide from next year.
Nearly two-in-three real estate professionals want greater connectivity between existing software systems
Nearly two-in-three (65 per cent) real estate professionals have cited Application Programming Interfaces (APIs) as the feature they would most like to see incorporated into the tech they use, ahead of security (29 per cent) and blockchain (15 per cent).
Allianz has unveiled plans to combine fixed income investment manager PIMCO and Allianz Real Estate, a captive real estate specialist with more than EUR70 billion of assets under management.
AXA Investment Managers - Real Assets (AXA IM - Real Assets) completed EUR13.7 billion of transactions on behalf of clients in 2019 and raised EUR8.6 billion of new capital over the course of the year, whilst delivering on its strategic priorities of expanding the investor base and further geographic and asset diversification.