AURELIUS Equity Opportunities is selling its subsidiary GHOTEL hotel & living to the Cologne-based Art-Invest Real Estate Group. The purchase price is EUR 63 million (enterprise value), including subsequent components.
Aberdeen Standard Investments’ Airport Industrial Property Unit Trust (AIPUT) fund has secured a resolution to grant planning permission from Slough Borough Council’s Planning Committee for Black Arrow, a speculative warehouse development at its Blackthorne Point industrial estate in Poyle.
Barings has sold a circa 4,400 sq m office building and associated car parking spaces, at the edge of Porta Nuova, Milan, to Investire SGR.
Actis is partnering with New Ease, a logistics real estate platform, to establish a joint venture to develop modern logistics properties in China.
Aviva Investors, the global asset management business of Aviva (Aviva), has appointed Carl Williams as Deputy Fund Manager on its Returns Enhancing and Liability Matching (REaLM) Ground Rent Fund.
Hines, an international real estate firm, is to acquire the iconic 27-storey mixed-use Torre Velasca tower in the centre of Milan on behalf of the Hines European Value Fund (HEVF 1).
UBS Asset Management’s (UBS-AM) Real Estate & Private Markets (REPM) business Multi-Managers Real Estate (MM-RE) division has been secured a EUR225 million mandate from a German institutional client to invest in unlisted property funds in developed real estate markets worldwide.
Optimum Asset Management (Optimum) has completed the sale of Uhlandstrasse 181-183 Kempinski Plaza, as mixed-use site in the exclusive district of Charlottenburg, in the heart of Berlin´s City West.
etc.venues is increasing the size of its 133 Houndsditch venue in the City of London by almost 50 per cent, less than 12 months after opening in April 2019.
Global law firm Ropes & Gray has promoted six attorneys to counsel. Their experience spans private equity, hedge funds, finance, asset management, real estate, tax and estate planning.