Nordic real estate investor NREP has acquired a portfolio of elderly care homes from Fastighets AB Stenvalvet, a Swedish real estate developer and manager, for €200 mln.
European real estate investment manager Europa Capital has announced the appointment of Roberto Varandas to the newly created role of head of business development, as it works in partnership with its majority shareholder, Mitsubishi Estate Co. (MEC), a Japanese listed real estate developer, to expand its global capital raising capability.
