- 27-Sep-2023
WeWork said on Monday that it would not make two sets of interest payments for a total of $95 mln (€90 mln), a move intended to kick off negotiations with its lenders as it tries to cut costs with its landlords.
UK property firm Great Portland Estates has signed a new £250 mln (€290 mln) unsecured Term Loan at a headline margin of 175 basis points over Sonia with three existing relationship banks.
Italian developer Borio Mangiarotti and Bain Capital have joined Hines in the Extm urban redevelopment to create 600 apartments in Milan's San Siro area.
Episo 6, a fund managed by Tristan Capital Partners, and joint venture partner Scantum DW, have acquired the first assets within its new logistics platform in Germany.
Two portfolios of new logistics projects across Germany were sold this week.
Europa, the pan-European real estate investment firm, has appointed Hamish Cameron as director of living asset management, with responsibility for driving the performance of its assets in the living sector across the UK and Europe.
Two portfolios of new logistics projects across Germany were sold this week.
Real estate professionals are glass-half-full people, which helps in the current macroeconomic climate, writes Robin Marriott.
Investor caution has put paid to a 2023 rebound in transactions, but distressed sales are coming and buyers are ready as inflation eases and interest rates reach their peak.
Only by securing full commitment from employees and stakeholders for ESG goals can property companies lead the way in creating sustainable buildings and cities, argues Redevco’s Brigit Gerritse.
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London and Paris are the top two European cities for projected real-estate occupier demand, according to LaSalle Investment Management’s European Cities Growth Index (ECGI).