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St. Modwen exchanges contracts with Wanda HK for the sale of Nine Elms Square for €533.3m
new convent garden market

St. Modwen Properties today announces that VINCI St. Modwen, its 50/50 joint venture with VINCI plc, has exchanged contracts for the sale of its interest in the 10-acre Nine Elms Square site in Nine ...

AEW launches City Office Germany fund with €118m first close (DE)
AEW

AEW announces the launch of the City Office Germany fund with commitments of €118m from a number of institutional investors. The Fund is targeting total equity of up to €250m, which ...

Omnes raises €245m for European renewable energy fund
omnes capital logo

Omnes Capital announces the final closing of its Capenergie 3 fund for a total amount of €245m. The third-generation fund, dedicated to European renewable energy infrastructure investments, has ...

Overseas investors to drive UK hotel market in 2017
london hotel cityscape

London, UK – 2016 saw c. €3.9bn (£3.4bn) invested in the hotel sector, exceeding the 10 year average by c. €1.1bn (£1bn), according to research from Knight ...

Kungsleden reaches 2016-2017 goal to sell non-strategic properties for €200m
Kungsleden logo

In a sale and purchase agreement with the European property fund Kildare Partners, Kungsleden is selling 18 industrial and warehouse properties in 13 municipalities at a total sales price of ...

Prime office yields in Europe’s principal CBDs reach record low in Q1
Paris La Défense

According to international real estate advisor Savills, the average yield in Europe’s prime CBD office market dropped for the first time on record to just below 4% in the first quarter of ...

Pbb provides financing of c. €43m to Logistea (SE)
pbb finance logo

Pbb Deutsche Pfandbriefbank has provided an investment facility of c. €43m (410m SEK) to Logistea AB, a public company listed on Nasdaq Stockholm First North market. Logistea AB has been ...

PGIM Real Estate Finance provides €24.1m to Fizzy Living for PRS portfolio (GB)
Fuzzy Living portofolio

PGIM Real Estate Finance has expanded its relationship with Fizzy Living by providing €24.1m (£21.1m) to refinance existing investor-provided senior debt at two new Fizzy sites in ...

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