Polish developer-investor Echo Investment has announced the acquisition of three plots of land in Kraków, Lódz and Poznan from the Tesco Group for a price of €42 mln.
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Yoo Capital and Deutsche Finance International (DFI), the investors in and developers of the £1.3 bn (€1.4 bn) regeneration of Olympia London into a major cultural destination – have announced three agreements with major names in entertainment and hospitality, marking the first occupiers to commit to the landmark scheme, four years ahead of its scheduled completion.
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A day after Corestate Capital announced the entry of a new anchor shareholder and the complete replacement of its supervisory board, the pan-European asset manager has revealed the appointment of a new CEO.
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Clearbell Capital has announced the launch of a strategic partnership with LaSalle Global Partner Solutions (GPS), the indirect real estate investing platform of LaSalle Investment Management.
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European property investment and asset management firm Avignon Capital has completed two transactions on behalf of Beirut-based Cedrus Invest Bank for over €50 mln.
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Many real asset strategies offer good relative value in the current environment and should provide investors with resilience, diversification and returns.
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Banks and property companies have put more retail, and loans secured on land and hotels, up for sale.
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German listed property firm Verianos said on Friday that its European Opportunities Fund has acquired a portfolio of six fully-let commercial properties in city center locations in Barcelona for an undisclosed amount.
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PropertyEU is hosting a special Subscriber & Reader meeting on Tuesday, December 8th, @ 1500 CET (1400 UK).
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Nordic property shares have recovered strongly after a weak start to the year.
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German property investment volumes plummeted 48% in the first quarter, with only €14.8 bn of assets traded in the first three months of the year, according to broker CBRE.
