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pbb provides €60m facility for Paris office acquisition (FR)
pbb provides €60m to finance Paris office acquisition (FR)

pbb Deutsche Pfandbriefbank provided a €60m medium-term facility for Seine Avenue Sarl, an SPV held by InfraRed Real Estate Fund IV and managed by InfraRed Capital Partners, for the acquisition ...

Patrizia increases AUM to €21.9bn in 2017
Patrizia increases AUM to €21.9bn in 2017

Patrizia Immobilien AG has announced that it exceeded its earnings forecast for 2017, delivering double-digit growth in operating income, assets under management (AUM) and transaction volumes in ...

Sonae Sierra records €110m net profit in 2017
Sonae Sierra records €110.0m net profit in 2017

Sonae Sierra has announced that it recorded a net profit of €110m in 2017 (compared €181.2m in 2016). The company's EBIT reached €105m, showing an 8.5% increase over the ...

CBRE GI complete EMEA transactions for €12.5bn in 2017
CBRE GI complete EMEA transactions for €12.5bn in 2017

  CBRE Global Investors has completed €12.5bn of transactions in EMEA during 2017. This includes €7.2bn of acquisitions and €5.3bn of disposals. In addition, the ...

Russia's Lenta sales up 19% in 2017
Russia's Lenta sales up 19% in 2017

Lenta Ltd, one of the largest retail chains in Russia, has announced that its total sales grew 19.2% to €5.2bn (Rub 365.2bn) in 2017. The company's adjusted EBITDA grew 11.8% ...

Savills IM launches successor European retail fund
Savills IM launches successor European retail fund

Savills Investment Management has announced the launch and first closing of its Europe V – Retail Fund. The fund will invest in local shopping centres, retail parks, designer outlet ...

Secure Income REIT acquires €489.5m UK leisure and hotel portfolio
Secure Income REIT acquires €489.5m UK leisure and hotel portfolio

Secure Income REIT has exchanged contracts for the acquisition of two substantial off-market portfolios at a total cost of €489.5m (£436m).   The first portfolio ...

BNP Paribas REIM completes deals for €4.8bn in 2017
BNP Paribas REIM completes deals for €4.8bn in 2017

BNP Paribas REIM has achieved a record real estate transaction volume of about €4.8bn in 2017. The company announced that it saw an inflow of over €3.1bn, and ...

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