French listed property giant Gecina said this week that it plans to lower its 2019 dividend while suspending its 2020 guidance, as it continues to assess the impact of coronavirus on the business.
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Italian asset manager Merope has secured a €60 mln loan from Banco BPM for the acquisition and development of two trophy assets in Milan.
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The founder of Capra Global Partners has written in an open letter that things are not all bad.
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Berlin's Notary Chamber has relaxed traditional rules requiring the physical presence of parties when a property deal is signed in the light of the coronavirus crisis.
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UK investor Supermarket Income REIT announced on Friday that it is maintaining its dividend payment as it has received 100% of rents due for the second quarter of the year.
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Dutch listed property firm NSI has agreed to acquire the 9,743 m2 ONE20 office building located at Amsterdam-Sloterdijk for €34 mln, representing a gross initial yield of 3.5% and a reversionary yield of 6.3%.
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Dutch investment firm NSI said on Thursday that it has agreed to issue €40 mln of 10-year unsecured notes to clients of MetLife Investment Management (MIM).
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German independent fund manager RLI plans to launch a European last-mile fund later this year, according to managing director Peter Wenzel.
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Property professionals from Greystar, SAY Consulting, deverellsmith, and Be Original have joined forces to create a central register where the real estate industry can pledge support to the UK National Health Service (NHS) and healthcare workers and help them fight Covid-19.
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UK REIT British Land will defer a total of £40 mln (€44 mln) in rents this quarter, spreading the repayment over six quarters from September 2020 in response to the coronavirus crisis.
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Stone Estate.Swiss Management, part of the Reech Corporations Group, has appointed Alastair Manning as managing director and head of asset management with immediate effect.
