pbb provides €60m facility for 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 ...

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, ...

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 ...

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 ...

Union Investment acquires prime office property for €120m (SE)

Union Investment has acquired the U6 office property comprising approximately 18,000 m² of rental space in Solna near Stockholm. The majority of the office space in the building, which was ...

CLS acquires London office property for €57.4m (GB)

CLS has unconditionally exchanged contracts to acquire Harman House, 1 George Street, Uxbridge, for €57.4m (£51m) including costs.    The property comprises 129,060 ft² ...

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% ...

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