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€620 million refinancing of the Selec portfolio with banks and institutional investors (FR)

The Selec portfolio, originally composed of 10,200 homes let to EDF in the context of a 12 year firm lease, was acquired by LBO France in 2006 in a joint venture with RREEF. The lease with EDF was ren ...

Thames Valley Housing and Galliford Try form first joint venture of its kind (UK)

Thames Valley Housing (TVH) has invested £25 million (approx. €29.3 million) for a 50% stake in a brand new build for sale venture, Opal Land LLP, in partnership with Galliford Try’s residential ...

Google appoints AECOM's Davis Langdon to help deliver its new UK HQ (UK)

Global property and construction consultancy Davis Langdon, an AECOM company, has been appointed to multiple roles on Google’s new UK headquarters at King’s Cross in London. Davis Langdon is worki ...

Beni Stabili Group acquire shares in Sviluppo Ripamonti (IT)

Beni Stabili Development S.p.A., wholly owned by Beni Stabili S.p.A. Siiq, announces the purchase from LaGare S.p.A., of the 31.8% of the share capital of Sviluppo Ripamonti S.r.l.; the remaining stak ...

MGPA announces second close of Asian real estate special fund for German institutional investors (DE)

The independent private equity real estate advisor MGPA announce the second close of MGPA Asien Spezialfonds with further commitments of €50 million from a German insurance company. This brings the ...

AXA Financial signs closed MONY portfolio transaction with Protective for $1.06 billion (US/FR)

AXA today announced it had entered definitive agreements with Protective Life Corporation to sell MONY Life Insurance Company and to reinsure an in-force book of life insurance policies written by MON ...

Prupim to be renamed M&G Real Estate (UK)

M&G Investments, one of Europe’s leading investment managers, today announces that its property business, PRUPIM, will be renamed M&G Real Estate. The change of name is effective from the en ...

PATRIZIA wins bid for GBW AG (DE)

The investor consortium led by PATRIZIA Immobilien AG has emerged as the successful bidder for BayernLB’s shares in the listed housing company GBW AG (50.19 million shares representing approx. 91.93 ...

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