Avison Young has announced the expansion of its operations in Central Europe, setting up a strategic affiliation with Limehouse to deliver commercial real estate advisory in Hungary.
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The organisers of annual Dutch real estate trade fair Provada have postponed this year's event from its usual summer fixture to late October, citing ongoing uncertainty about the course of the coronavirus pandemic.
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The rise of distress in German real estate is expected to bring with it a larger proportion of off-market deals, according to research by Berlin-based firms HPBA and Bulwiengesa.
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Europe’s core markets are flying with billions of euros more deals signed off this week.
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Austrian listed property firm CA Immo has closed the sale of two land lease retail plots in Graz for around €55 mln, or a premium of around 50% to H1 2020 book value, to Ikea Austria and JM Offner Immobilien.
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German property group Patrizia announced on Thursday that it has raised €220 mln of new equity this year for the Patrizia PanEuropean Property Limited Partnership, the firm’s flagship core open-ended balanced fund. The new capital has been secured from 11 new institutional investors.
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Nido, the UK and European student housing specialist, is looking to further expand its portfolio across the UK and Europe over the next few months, despite the pandemic and a potential no-deal Brexit.
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Allianz Real Estate has partnered with Edge Technologies to refurbish, enlarge and upgrade the five-storey Forum office building in the centre of Amsterdam’s Olympic Area business district.
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This is the final chance for readers, subscribers and media relations professionals to register for PropertyEU's event that takes place on Tuesday at 3pm CET.
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New assets on the market slow down, but the pace of sales going through is picking up.
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German property investment volumes plummeted 48% in the first quarter, with only €14.8 bn of assets traded in the first three months of the year, according to broker CBRE.
