Pramerica Real Estate Investors has announced the formation of a follow-on second joint venture with local partners Aros Management, for residential conversion and development in Sweden. In total the partnership intends to invest SEK 220 mln (EUR 25 mln), which with leverage has the potential to provide a total investment capability of up to SEK 725 mln.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
