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Union Investment establishes new institutional fund for hotel real estate (EU)

Union Investment launched a new real estate fund for institutional investors, UII Hotel Nr. 1. The fund is aimed at institutional investors with a long-term investment horizon, such as banks, occupati ...

CBRE Global Investors PEC Fund acquires Düsseldorf hypermarket from Edinburgh house estates (DE)

CBRE Global Investors has completed the acquisition of a hypermarket in Düsseldorf, Germany, for more than €25 million on behalf of its Pan European Core Fund (“PEC”). Let to the established ...

Thames Valley Housing and Galliford Try form first joint venture of its kind (UK)

Thames Valley Housing (TVH) has invested £25 million (approx. €29.3 million) for a 50% stake in a brand new build for sale venture, Opal Land LLP, in partnership with Galliford Try’s residential ...

SEGRO and Aviva Investors start construction of an 85,700 ft² Heathrow development (UK)

The Airport Property Partnership (APP), a joint venture between SEGRO and Aviva Investors, has started the construction of an 85,700 ft² (approx. 8,000 m²) development for two new facilities at the ...

ING refinances a loan to W.P. Carey for the Jumbo distribution centers (NL)

Clifford Chance has advised ING Real Estate Finance on the refinancing of a € 70.5 million loan to W.P. Carey, an American listed property fund. The financing concerns a real estate portfolio of ...

Google appoints AECOM's Davis Langdon to help deliver its new UK HQ (UK)

Global property and construction consultancy Davis Langdon, an AECOM company, has been appointed to multiple roles on Google’s new UK headquarters at King’s Cross in London. Davis Langdon is worki ...

Panattoni to invest €20 million euros in Krásno Industrial park (SK)

One of the largest industrial property developers expands in Slovakia. Panattoni Europe is prepared to invest up to €20 million in the industrial park in Krásno nad Kysucou. The aim is to bring bac ...

EPRA sounds alarm at German regulators targeting of REITs for AIFMD rules (DE)

EPRA has voiced alarm at an unexpected proposal by Germany’s Federal Financial Supervisory Authority (BaFin) to include domestic REITs within the scope of the EU’s Alternative Investment Fund Mana ...

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