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 ...

Russia tops the list of most active shopping centre development markets in Europe

According to leading global real estate advisor CBRE, 11.1 million m² of new shopping centre space is currently under construction across Europe, the Middle East and Africa (EMEA). Turkey, ...

AEW acquires Manchester logistics property for €7.1m (GB)

Cording Real Estate Group has sold Kayley Industrial Estate near Manchester to AEW UK Core Property Fund for €7.1m (£6.3m), reflecting a net initial yield of ...

Logistics surpasses office as the most preferred sector for EMEA investors

Industrial, and specifically logistics, is the most sought-after real estate sector for European investors, overtaking office for the first time, according to CBRE’s annual EMEA Investor ...

Sonae Sierra records €110m 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 ...

Urbeo Residential to raise €400m for Irish PRS Fund

Urbeo Residential, a new mixed-tenure Irish housing fund, is planning to raise €300-400m to scale up its investments in the Irish private rented sector (PRS). The fund is focused on providing ...

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 ...

Taylor Wimpey acquires development site at Cadley Park (GB)

Harworth Group plc, the brownfield regeneration and property investment specialist, has achieved the first land sale at its Cadley Park development in Swadlincote, Derbyshire, to listed ...

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