The world’s biggest logistics developer Prologis warns COVID19 is on course to cause a recession, and has called for more inventories to build resilience amid ‘extreme uncertainty.’
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The British Property Federation (BPF) is urging any business in financial distress ahead of the first rent quarter day of 2020 to speak to their landlord as soon as possible.
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German property group Patrizia said on Thursday that it has exceeded its full year 2019 guidance of €120-130 mln in net operating income posting a result of €134.5 mln in 2019.
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Retail REITs are in for a rough ride, especially those with higher financial leverage and inadequate dividend coverage, experts at investment manager Kempen warned this week.
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Coronavirus will certainly add risk to investing in real assets, says the chief of Europe’s largest real estate asset manager.
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Financial protections for tenants during the COVID19 crisis in the UK have been welcomed by the Royal Institution of Chartered Surveyors (RICS).
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Italian builder Impresa Rusconi is halting the construction of its flagship Torre Milano project on concerns over the spread of Coronavirus.
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AccorInvest, the hotel ownership division of French hospitality giant AccorHotels, has completed the acquisition of CEE hotel property landlord Orbis for a total of €1 bn.
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French listed property giant Covivio is being forced to review its guidance for the full-year as the Coronavirus epidemic takes its toll on the company’s portfolio.
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Strabag, Austria’s largest construction company, announced on Wednesday that it is halting its regular construction operations effective today as a result of the Coronavirus epidemic.
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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.
