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KKR acquires four industrial properties

Tue, 26/11/2019 - 10:15

KKR has acquired four industrial distribution properties totalling approximately 641,400 square feet. The assets are part of KKR’s Alpha Industrial Properties portfolio, a ten million square foot portfolio across eight high-growth markets in the US. »

Aviva refinances police investigation centres

Tue, 26/11/2019 - 10:14

Aviva Investors has provided an GBP85 million senior fixed-rate term-loan facility, refinancing six operational police investigation centres (PICs) across Norfolk and Suffolk, on behalf of the annuity business of Aviva UK Life. »

Revo names new CEO

Tue, 26/11/2019 - 10:10

Revo, the organisation that represents the UK’s GBP360 billion retail property and placemaking sector, has appointed Vivienne King as CEO following a thorough search process. »

Allianz Real Estate launches Spaceflow tennant experience platform at flagship Vienna building

Tue, 26/11/2019 - 10:07

Allianz Real Estate has launched its Spaceflow tenant experience platform in THE ICON – its prime new development in Vienna. The app will provide the building’s tenants and users with a seamless connection to the amenities, services and community life in and around the development. »

LondonMetric acquires GBP14.5m of long-income roadside assets

Tue, 26/11/2019 - 10:06

LondonMetric Property (LondonMetric) has acquired GBP14.5 million of long income roadside assets, reflecting a NIY of 5.9 per cent which rises to 6.6 per cent after five years. »

CRIM plans 100 ‘energy-positive’ residential towers across Europe

Tue, 26/11/2019 - 10:03

Berlin-based Catella Residential Investment Management (CRIM), in partnership with Dijon-based building engineering company Elithis, has launched a EUR2 billion investment programme to build 100 ‘energy-positive’ residential towers across Europe by 2030. »

PATRIZIA launches new Living Cities Residential Fund with EUR650m in seed assets

Tue, 26/11/2019 - 10:02

PATRIZIA has launched the PATRIZIA Living Cities Residential Fund (Living Cities), an open-ended fund with a core strategy which currently has EUR650 million of seed assets and is expected to grow to over EUR1 billion in assets next year. »

Office Properties Income Trust sells three properties for USD69.1m

Tue, 26/11/2019 - 09:58

Office Properties Income Trust has sold three properties for an aggregate sales price of USD61.9 million, excluding closing costs. »

MERKUR Development Holding and NOVUM Hospitality build new ‘the niu' Hotel in Eschborn

Tue, 26/11/2019 - 09:42

MERKUR Development Holding is building a seven-storey hotel, with 176 rooms and 83 long-stay apartments, in Eschborn/Taunus, which will be operated by NOVUM Hospitality under the midrange "the niu" brand. »

Urban Village Capital completes GBP14m transformation of offices into homes

Mon, 25/11/2019 - 15:59

A GBP14 million build-to-rent conversion of offices into 63 luxury apartments in Birmingham has reached practical completion, says developer Urban Village Capital. »

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