Czech real estate developer and investor Crestyl has acquired the remaining 50% stake in residential developer Spravia from Cornerstone Partners, giving it full ownership of the company.
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Swedish property and construction company Skanska has been awarded a total of €74m in contracts in Finland and Norway to build residential and PBSA housing.
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PGIM Real Estate has kick started an investment programme for the Cornwall Pension Fund to supply more affordable homes.
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Investment in student housing and healthcare pushed living transactions to €9 bn in Europe in the third quarter of the year, new figures from JLL have revealed.
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Two major real estate companies, Lendlease and Daiwa House, have partnered to build and sell 259 new apartments in two buildings at Elephant Park in central London.
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The German city of Dresden has purchased 1,213 apartments of various sizes from privately-owned housing company Vonovia for €87.8 mln.
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Hotel Investment Partners (HIP), a major Southern European hotel platform owned by funds managed by Blackstone, has announced the acquisition of a new five-star hotel called Cascade Wellness Resort.
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London investor-developer and regeneration specialist Avanton, acting as a development partner with international real estate investment group Canada Israel, has gained planning permission for Stonebridge Place, a new residential-lead development in Stonebridge Park, Brent.
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Sable Capital, a UK real estate company focused on the living sector, has acquired a residential development site in London's Nine Elms, using funds from its recently raised UK BTR fund which has £255 mln (€292 mln) of equity commitments.
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Italian investment group Statuto has emerged as the buyer of the five-star Six Senses hotel in Rome, in a €245 mln deal representing the highest price per room ever achieved in the Italian capital.
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Three separate jumbo loans - from banks, a new non-bank lender and the debt capital markets - show finance markets are in good health.
