PropertyEU readers are now slightly less concerned about the impact upon their jobs or firms than they were at the start of the Covid-19 crisis. But many are suffering ‘Zoom fatigue’ as travel restrictions and some continued lockdown impinge on face-to-face meetings with colleagues and market participants.
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Redd, the London-Monaco luxury property company, has received planning permission from Westminster City Council for what it is calling Mayfair’s first ‘Covid-19 compliant’ mixed-use development at 82 Mount Street.
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Mapic Italy, dedicated to Italian retail, and The Happetite, Reed Midem's trade show for the Food & Beverage (F&B) sector, both due to take place 1-2 July in Milan, have been cancelled.
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Brookfield Asset Management has taken a meaningful step towards offering investors further access to specific real estate regions and across the risk-spectrum.
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German, French, US and Hong Kong investors all closed European acquisitions this week, underlining the strong demand for core assets.
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Broker Savills has joined a growing list of agents to announce its withdrawal from the Expo Real trade fair in Munich, citing concerns about the risk of coronavirus.
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US group Apollo Global Management is set to take control of a UK-focused logistics REIT with a property portfolio valued at £335 mln.
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Cibus Nordic Real Estate has agreed the acquisition of a portfolio of 18 properties leased to food retail chains S Group, Kesko and Tokmanni. Financial details were not disclosed.
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Nicosia-based property investment firm Ott Partners has become the largest shareholder in Foncière Paris Nord after swapping bonds into shares.
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Goldman Sachs-backed budget hotel operator Travelodge is expected today to file documents for a company voluntary arrangement (CVA) in an effort to cut rents and end a dispute with its landlords over its unpaid bills.
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While the exact magnitude of Covid-19 and its effect on the real estate investment market remains uncertain, some European cities are already emerging as more resilient than others, according to Savills’ latest research report.
