- Residential Watch
- 14-May-2020
Skjerven Group buys mixed Berlin portfolio for Heimstaden
Skjerven Group has announced the acquisition of a 20,000-m2 portfolio in the German capital on behalf of Swedish housing group Heimstaden for €54 mln.
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- People Watch
- 14-May-2020
Savills names new head of property management in Sweden
International real estate adviser Savills has appointed Malin Silversvala as head of property management for Sweden.
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- Market Watch
- 14-May-2020
Patrizia confirms dividend payment, broadens 2020 guidance range
Despite the coronavirus crisis, German property firm Patrizia posted a 3% increase in operating income to €24.7 mln in the first quarter of 2020.
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- Office Watch
- 14-May-2020
Henley Bartra JV on the lookout for opportunities following Dublin office sale
Henley Bartra, the joint venture between global private equity real estate investor Henley and Irish development group Bartra Capital, is looking to take advantage of the current market displacement in the Irish capital with targeted investments of over €200 mln, Henley’s chief investment officer Justin Meissel told PropertyEU.
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- Market Watch
- 13-May-2020
Canada’s Dream hires Idnani for new private real estate arm
Canadian real estate group Dream has announced the launch of Dream Equity Partners, an asset management business for private real estate clients, and the hire of Rahul Idnani as president of the new platform.
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- Office Watch
- 13-May-2020
Inovalis REIT finalises sale of major Paris asset
Canada’s Inovalis REIT said this week that it has completed the sale of the Rueil office scheme located in the Rueil Malmaison business district in Paris, to a joint venture between Saudi Arabia’s Sedco and fund manager Inovalis.
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- Retail Watch
- 13-May-2020
Intu completes sale of Puerto Venecia to Generali and Union Investment
Troubled UK shopping centre specialist Intu and joint venture partner, Canadian group CPPIB, have completed the sale of the Puerto Venecia shopping centre in Zaragoza, Spain for €475 mln.
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- Finance Watch
- 13-May-2020
Pbb’s pre-tax profit falls to €2m in Q1 on coronavirus
German lender Deutsche Pfandbriefbank said its pre-tax profit plunged to just €2 mln in the first quarter of the year as a result of the coronavirus pandemic.
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- Market Watch
- 13-May-2020
Regional real estate industry bodies sign global alliance
INREV, ANREV and NCREIF have signed a global alliance memorandum of understanding (MoU) to advance the global agenda of transparency, accessibility and professionalism and increase harmonisation across the non-listed real estate industry.
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- People Watch
- 13-May-2020
Quintain appoints new CFO
UK property firm Quintain has announced the appointment of Philip Slavin as chief financial officer (CFO).
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Best read stories
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L&G hires European head of real estate debt
- 22-May-2020
LGIM Real Assets (Legal & General) has hired James Spencer-Jones from Cushman & Wakefield as its new head of Real Estate Debt, Europe, and established a new Private Credit Leadership Team as it looks to continue and grow its private credit business for the future.
