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Savills predicts retail spend by Chinese visitors in London could double to £500m pa by 2020 (UK)

According to research from international real estate advisor Savills, the simplification of the visa process for Chinese visitors to the UK could see spend by this consumer group more than double by 2 ...

Hibernia acquires portfolio of loans on residential assets for €67 million (UK)

Hibernia REIT has signed contracts to acquire a portfolio of loans secured predominantly on residential real estate assets from Ulster Bank for €67 million net of acquisition costs. These Ulster Ban ...

Immofinanz acquires 18,000 apartments in Germany (DE)

BUWOG, a wholly owned subsidiary of IMMOFINANZ Group, is going to acquire a residential property portfolio with approx. 18,000 units and 1.09 million m² of lettable space in Northern Germany. The agr ...

Cornerstone Real Estate Advisers completes £124 million 10-year senior loan for Unite Group (UK)

Cornerstone Real Estate Advisers Europe has completed a £124 million (approx. €149 million) senior loan for UNITE Group, the UK’s largest developer and manager of student accommodation, on behalf ...

Commerzbank announces €710 million Spanish NPL sale (DE)

Commerzbank has profited from the favorable market conditions and reduced its commercial real estate portfolio through the sale of non-performing loans in Spain. The Bank has sold large-volume commerc ...

BlackRock refinances its Pegoria and Karolina shopping centers in Poland with €132 mln loan (PL)

pbb, UniCredit Bank Austria AG and Westdeutsche ImmobilienBank AG provide € 132 million facility to refinance the Karolinka and Pogoria shopping centers in Poland. pbb Deutsche Pfandbriefbank, Un ...

Development securities secures Cross Quarter forward funding (UK)

Development Securities in joint venture with Berkshire Investment Capital, announced that Canada Life has committed £38.1 million (approx. €46.42 million) to forward-fund the first phase of develop ...

INTERNOS and PAREF in JV to launch €100 million equity German retail park fund (DE)

INTERNOS, has entered into a joint venture with the French real estate SCPI fund manager Paref Gestion to launch Novapierre Allemagne, the first SCPI fund to invest exclusively in German retail park a ...

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    British Land appoints Joanne McNamara as CEO to drive next phase of growth
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