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Allianz finalises €5bn financing deal for Duomo project in Milan (IT)
Piazza del Duomo

Allianz extended its European €5bn book of commercial real estate lending into Italy by co-financing a primary mixed use development in Piazza del Duomo, in central Milan.   This fixed-rate ...

Invesco Real Estate launches third dedicated hotel fund
Invesco

Invesco Real Estate (IRE), the global real estate investment manager, announced the launch of an open-ended fund investing in the pan-European (ex-UK) hotel sector targeting a 6%-7% p.a. gross income ...

HSH Nordbank finances €93m for office real estate portfolio in western Germany
HSH Nordbank

HSH Nordbank is providing the Cording Real Estate Group with finance of €93m to purchase a real estate portfolio. Cording is acquiring the portfolio on behalf of a joint venture between Danish ...

PILR announces placing to raise gross proceeds of up to €124.9m
Pacific Industrial & Logistics REIT

The Board of Pacific Industrial & Logistics REIT (PILR) announced a potential placing of new Ordinary Shares to raise gross proceeds of up to €124.9m (£110m) to fund pipeline ...

Pbb finances €120m for a residential real estate portfolio (DE)
pbb

Pbb Deutsche Pfandbriefbank has provided financing of €120m to a property company of TAG Immobilien. TAG will use the funds to refinance a primarily residential real estate portfolio. The ...

Investec finances €26.5m for student accommodation scheme (GB)
Christchurch Road

Investec is pleased to announce that it has agreed to provide ca. €26.5 (£23.6m) financing facility to Curlew Student Trust, for the development of a 454-bed Grade-A scheme in Bournemouth, ...

Octopus Property to provide €17.1m financing to Bellis Homes for residential development (UK)
Chalk Farm

Octopus Property is pleased to announce it has provided a €17.1m (£15.1m) senior debt facility to Bellis Homes, one of the UK’s fastest growing luxury housebuilders, for the ...

Moscow street retail market affected by street reconstruction
Moscow cityscape

According to JLL, the vacancy rate in main Moscow high street corridors reached 8.8% in Q2 2017, up by 0.4 ppt from Q1 2017 and down by 4.2 ppt from Q2 2016.   “A correction of ...

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