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IMG has concluded a US $246.7 million bank financing for its two investee retail projects (RU)

A long-term financing agreement for US $218 million (approx. €170 million) has been signed with the Russian Sberbank to finance the construction of Zelenopark project, a retail center of approximate ...

PRUPIM announces £105 mln residential property portfolio acquisition (UK)

PRUPIM, the real estate investment management arm of M&G Investments, confirms it has exchanged contracts to acquire a £105.4 million (approx. €124.3 million) residential portfolio owned by The ...

Great Portland Estate Joint Venture acquires 148 Old Street, EC1 London (UK)

The Great Ropemaker Partnership (‘GRP’), a 50:50 Joint Venture between Great Portland Estates plc (‘GPE’) and The BP Pension Fund has acquired 148 Old Street, EC1 from The BP Pension Fund for ...

Goodman to develop new logistics center for Daimler in Bremen (DE)

Goodman, the integrated property company that owns, develops and manages logistics space globally, has commenced the construction of a new logistics center for Daimler AG in Bremen. The development, o ...

Resolution to grant planning secured at £85 million Abbey Wood scheme (UK)

Development Securities secures resolution to grant planning at its £85 million (approx. €100.6 million) regeneration scheme, Cross Quarter, Abbey Wood. Development Securities, in joint venture wit ...

Pricoa Mortgage Capital closes first commercial real estate loan in the Netherlands (NL)

Pricoa Mortgage Capital has provided €55.5 million of a total €70.5 million financing package in the Netherlands, its third commercial real estate loan since launching its European business in 201 ...

ING REF closes W. P. Careys refinancing of Jumbo's core logistics assets (NL)

ING Real Estate Finance the Netherlands (ING REF) closed a €70.5 million financing for one of its key clients, W.P. Carey Inc, a U.S. publicly traded REIT (NYSE:WPC). ING REF acted as joint arranger ...

Invesco Real Estate closes second hotel fund with €200 mln of equity (EU)

Invesco Real Estate (IRE), the global real estate investment manager, announces the final closing of its second hotel fund with ca. €200 million of equity. Simon Redman, Managing Director – Clien ...

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