Real estate investment manager Clarion Partners Europe has purchased two distribution warehouses in the UK totalling 40,733 m2 for £52 mln (€59 mln) from Johannesburg-listed REIT Equites Property Fund.
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Spanish logistics vehicle Montepino Logistica, managed by Valfondo, has laid the first stone of its logistics project at the El Ruiseñor industrial estate.
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Savills Investment Management (Savills IM), the international real estate investment manager, has acquired the Rapid Logistics distribution centre in the Schiphol Trade Park, Netherlands, in an off-market transaction on behalf of a German pension fund.
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Pan-European real estate investor and manager M7 Real Estate has acquired four last mile logistics properties in Portugal, via three separate off-market transactions, on behalf of funds managed by Blackstone.
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LondonMetric Property has exchanged and completed on the sale of a portfolio of three multi-let industrial estates for £46 mln (€52 mln), reflecting a NIY of 5.8%.
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HIH Invest Real Estate has acquired a light industrial property in the town of Kabelsketal in the German state of Sachsen-Anhalt from Malcolm 22 Immobilien.
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European logistics warehouse specialist Delin Property has acquired a fully occupied 36,600 m2 warehouse in the Arnhem-Nijmegen region in the east of the Netherlands, on behalf of its Dutch Logistics Fund.
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Listed pan-European industrial group CTP plans to scale up its presence in Poland, founder and CEO Remon Vos said at the Mipim trade show in Cannes.
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Stockholm-listed property company Corem has entered into separate contracts to sell two properties for a combined SEK 467 mln (€41.8 mln) in underlying property value.
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St Modwen Logistics has announced that it will deliver 450,000 ft2 (41,800 m2) of warehouse space at St Modwen Park Chippenham, including the company’s largest speculative development in the region, a 342,000 ft2 warehouse unit.
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Pan-European real estate investor Europa has appointed Ed Crockett to the newly created role of head of residential investment UK & Europe.
