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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”).
Hyatt Hotels Corporation has entered into a franchise agreement with Orjin Konaklama Yönetim Hizmetleri for the first Hyatt branded hotel in Izmir, Turkey.
The UK’s ability to support tens of millions of elderly people in terms of their care or accommodation needs will be close to collapse by 2029 unless the government takes decisive action, a new report warns.
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.
Property funds enjoyed a month of relative respite in January, according to the latest Fund Flow Index (FFI) from global funds network Calastone.