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Invesco Real Estate launches residential fund with £250m after first close (UK)
london

Invesco Real Estate (IRE) has announced the launch and first close of its dedicated, open-ended UK Private Rented Sector (PRS) fund with approximately £250m (€328.7m) of investable ...

Investec SPF provides £20m loan for Kier Trade City JV (UK)
logistics

Investec Structured Property Finance (Investec SPF) has agreed to provide a £20m (€26.3) loan facility to extend its Trade City joint venture with Kier Property. The facility will assist ...

Bouwinvest’s Dutch Residential Fund secures €152.5m commitment (NL)
building

Five pension funds in the Netherlands have committed a combined total of €152.5m to Dutch institutional real estate investor Bouwinvest’s domestic Residential Fund, coming into effect from ...

Strawberry Star advised by Howard Kennedy on £25m property fund launch (UK)
building

London-based property services company Strawberry Star has been advised by law firm Howard Kennedy on the establishment of its first property investment fund. The fund intends to explore investment ...

Union Investment acquires first shopping centre for Dutch retail fund (NL)
de klanderij

Union Investment has acquired its first shopping centre in the Netherlands for its institutional open-ended real estate fund UII Shopping Nr. 1. Completed in 2004, De Klanderij in Enschede comprises ...

PATRIZIA sells Melia Hotel building in Manchester (UK)
first street

PATRIZIA Immobilien AG has sold its Melia Hotel building in Manchester for approximately £30m (€39.5m) to a privately owned UK group. The sale of the 208-room 4-star hotel has been agreed ...

AXA IM - Real Assets and ATP JV acquire two Club Quarters hotels in the City of London (UK)
st. paul's

AXA Investment Managers - Real Assets has announced the completion, on behalf of a 50/50 joint venture between ATP and AXA Insurance Companies, of the acquisition of two City of London hotels from ...

Global Acquires Wyndham Stuttgart Airport Messe Hotel for €30.8m (DE)
| @ W.P. Carey

CPA®:18 – Global, a non-traded REIT managed by W.P. Carey, has completed a sale-leaseback transaction to purchase a majority stake in the Wyndham Stuttgart Airport Messe hotel for ...

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