Global real estate investment company Kennedy Wilson has completed the sale of ten wholly-owned Spanish retail properties for USD81 million to Barings, a global investment management firm.
Barings, a diversified real estate investment manager, has acquired a portfolio of ten supermarket assets across five Spanish regions, on behalf of a core investment strategy for institutional investors, from Kennedy Wilson for EUR73.4 million.
PATRIZIA AG, a global partner for pan-European real estate investment, has appointed Alberto González de las Heras as its new Head of Asset Management South-West Europe.
Alternative investment firm Värde Partners has acquired Lodha Excelus, New Cuffe Parade (LNCP) – a Grade A multi-tenant office building in Mumbai’s business districty – from the Lodha Group.
Galliard Homes is partnering with LandlordZONE, a free open-access website for landlords and agents involved in letting property, to act as LandlordZONE’s official buy to let partner.
London property developer Helical has let the final floor of The Tower, the second phase of Old Street scheme at The Bower, London, EC1, taking the scheme to 100 per cent let.
Optimum Asset Management (Optimum) has completed the sale of Uhlandstrasse 181-183 Kempinski Plaza, a mixed-use site in the exclusive district of Charlottenburg, in the heart of Berlin´s City West.
GSK Stockmann has added to its investment funds practice in Luxembourg with the hiring of Dr Marcel Bartnik as local partner, effective January 2020.
Equity Trustees Fund Services has made three new appointments in its London and Dublin offices.
AMP Capital has closed its Global Infrastructure Fund II (GIF II) at US$3.4bn. The fund reached final close on 27 December 2019, exceeding its US$3bn target and drawing additional significant co-investment commitments.