CBRE Global Investors has acquired, on behalf of its Logistics Venture Fund, a circa 120,000 sq m Italian logistics portfolio which includes a 40,000 sq m Grade A logistics warehouse and 194,000 sq m of land for an 80,000 sq m speculative development.
Walton International Group (Walton) has adopted a two-pronged strategy with the single over-arching objective of accelerating exit activity on its existing and new property acquisitions for the benefit of its investors.
Barings appoints Head of Portfolio Management and Value-Add Investing for US Real Estate Equity Group
Barings has appointed Joe Gorin as Head of Portfolio Management and Value-Add Investing in its US Real Estate Equity Group (USREE).
Peritus Corporate Finance has completed the second loan for an international client's UK property development company.
Q Investment Partners (QIP) has agreed an GBP18million refinance deal on Straits Manor, a purpose-built student accommodation (PBSA) complex in Sheffield.
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.
St Modwen is continuing to bolster its south west portfolio with the commencement of steelworks for its first speculative 106,000 sq ft unit at St Modwen Park Chippenham.
AEW UK Core Property Fund's Kayley Industrial Estate is now fully let, following an agreement with G2 Fabrication to occupy the remaining 18,000 sq ft unit.
Penta Infra has acquired a high quality and well-connected datacenter facility in Düsseldorf. The site has a current capacity of two megawatts and has an upgrade potential to 10 megawatts.
Following its acquisition of the 4.5-acre Canada Water Dock site in London, Art-Invest Real Estate UK (AIRE) is progressing its strategic vision for the site’s development which could create around 1m sq ft of offices.