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M&G acquires Amsterdam hotel in EUR42.8m deal

Thu, 14/03/2019 - 09:55

The M&G European Secured Property Income Fund has marked its three-year anniversary with the acquisition of a central Amsterdam hotel. »

Related Companies and Greenfield Partners acquire Quiet Logistics

Thu, 14/03/2019 - 09:53

Related Companies and Greenfield Partners have jointly acquired Quiet Logistics, a fulfilment partner to premium apparel and lifestyle brands. Related, through its fund management platform, has teamed up with Greenfield Partners to expand Quiet Logistics’ operating platform and fulfilment capabilities. »

Sirius completes acquisition of Bochum business park

Thu, 14/03/2019 - 09:44

Sirius Real Estate, an operator of branded business parks providing conventional space and flexible workspace in Germany, has completed the acquisition of a business park in Bochum in the Ruhr region of Germany, for a total consideration of EUR25.7 million, equating to an EPRA net initial yield of 8.9 per cent. »

Gide counsels Casino Group on EUR501m sale of 26 hypermarket and supermarket properties

Wed, 13/03/2019 - 20:56

Following agreements signed with funds managed by US-based Fortress Investment Group in January 2019, the Casino Group has completed the sale of 13 Géant Casino, three Hyper Casino and 10 Casino Supermarket properties, valued at EUR501 million. »

World Wheel Company reveals digital walkthrough of Newcastle’s GBP100m Giants on the Quayside development

Wed, 13/03/2019 - 20:55

Developer World Wheel Company, which is planning to build Europe’s tallest observation wheel on Newcastle Quayside, has revealed a spectacular computer-generated video tour of the proposed project. »

Sharaf F Sharaf, Gulf Capital

Gulf Capital makes senior appointment in Private Debt Division

Wed, 13/03/2019 - 10:49

Gulf Capital, an active alternative asset management firms in the Middle East, is expanding and strengthening its executive team with the appointment of Sharaf F Sharaf as a Managing Director in Gulf Credit Partners, the Firm’s private debt business. »

Generali Real Estate acquires landmark mixed use asset in Prague

Wed, 13/03/2019 - 10:13

Generali Real Estate, on behalf of Generali Real Estate Fund CEE, has completed the acquisition of Palac Spork, a prestigious mixed-use asset located in Prague 1, from SEBRE. »

CPP secures new 10 year lease for 20,000 sq ft unit in Barnsley

Wed, 13/03/2019 - 10:11

Property consultancy Commercial Property Partners LLP (CPP) has secured a new 10-year lease for an industrial unit on Junction 38 Estate. »

New global capital looking at real estate could hit USD2.5 trillion by 2020, says Colliers

Wed, 13/03/2019 - 10:09

There is a growing global war chest of capital for real estate, with institutional investors looking to increase their real estate allocations and new sources of capital emerging, according to Colliers International’s latest report.   »

CEREIT acquires three offices in Poland

Wed, 13/03/2019 - 10:06

Cromwell European Real Estate Investment Trust (CEREIT) has acquired three offices in Poland for EUR69.38 million – comprising the purchase consideration for the properties of EUR68.81 million and professional and other fees and expenses of EUR0.57 million. »

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