Real Estate Updates – Page 21
-
Asset Manager News
M7 sells retail warehouse on behalf of Portuguese industrial fund
M7 Real Estate (“M7”), the pan-European investor and asset manager specialising in multi-tenanted properties, announces the sale of a retail warehouse in Madeira, on behalf of the Portuguese Industrial Fund (“PIF”), a joint venture with a major global private equity firm. The asset has been sold to an affiliate of Portugal Yield Fund, FCR, managed by Portuguese private equity firm Iberis Capital.
-
Asset Manager News
PATRIZIA signs ca. EUR 7.6 billion of transactions in FY 2021
PATRIZIA AG signed around EUR 7.6bn in transactions in FY 2021.
-
Asset Manager News
Bouwinvest raises €836 million in capital, welcomes 10 new clients in 2021
Bouwinvest Real Estate Investors raised €836 million in capital in 2021 and welcomed 10 new clients, including pension fund Notariaat and Centramed.
-
Asset Manager News
Edmond de Rothschild REIM secures €200 million of new equity for its Industrial Property Fund
Edmond de Rothschild Real Estate Investment Management has secured €200 million of new equity for its Edmond de Rothschild Euro Industrial Real Estate Fund, increasing its investment capacity to €500 million.
-
Asset Manager News
ASR Dutch Mobility Office Fund nominated for GRESB-BREEAM Award 2022
ASR Dutch Mobility Office Fund’s commitment to sustainability has been rewarded with a nomination for the GRESB-BREEAM Award 2022 in the category Responsible Investment Small Portfolio.
-
Asset Manager News
PGIM Real Estate completes sale of the M Campus complex
PGIM Real Estate has sold the remaining properties in the M Campus real estate complex in Meudon, France, on behalf of its closed European Value Partners fund. PGIM Real Estate is the real estate investment and financing business of PGIM, the US$1.5 trillion global investment management business of Prudential Financial, Inc.. (NYSE: PRU).
-
Asset Manager News
M7 sells three properties on behalf of its Portuguese fund for a total of €12.2 million
M7 Real Estate (“M7”), the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has sold three assets in Lisbon and Évora, via three separate transactions on behalf of the M7 Portuguese Active Fund (“M7 PORAF” or the “Fund”) for a total of €12.2 million.
-
Asset Manager News
IPUT launches flexible workspace platform, Making it Work
IPUT Real Estate, Ireland’s leading property company and the largest owner of offices and logistics assets in Dublin, announces the launch of Making it Work, a flexible workspace solution which it has ambition to develop and scale over the next few years, to up to 5% of its 2.4 million sq. ft. prime office portfolio in Dublin.
-
Asset Manager News
M7 agrees sale of Mokotow Plaza in Warsaw
M7 Real Estate (“M7”), the pan-European investor and asset manager specialising in multi-tenanted properties, announces that it has sold Mokotow Plaza, a Grade A office building in the Mokotow Business District of Warsaw, Poland, to FLE GmbH on behalf of the M7 Polish Active Fund (“M7 POLAF” or the “Fund”).
-
Asset Manager News
Edmond de Rothschild REIM acquires industrial properties in Baden-Baden and Elmenhorst
Edmond de Rothschild Real Estate Investment Management (Edmond de Rothschild REIM) has acquired two commercial properties in Germany for its Edmond de Rothschild Euro Industrial Real Estate Fund (EIREF).
-
Asset Manager News
PGIM Real Estate acquires logistics development in Poland
PGIM Real Estate has acquired a property in Legnica, Lower Silesia, on behalf of its closed European Value Partners II (EVP II) fund. PGIM Real Estate is the real estate investment business of PGIM, the $1.5 trillion global asset management business of Prudential Financial, Inc. (NYSE: PRU).
-
Asset Manager News
GTIS Partners Closes on Third Build-to-Rent Project in Phoenix MSA
GTIS Partners LP (“GTIS”), a real assets investment firm that manages in excess of $4 billion in gross assets with a focus on residential and industrial investments, today announced closing on Cotton Lane, a 13-acre site fully-approved for 144 build-to-rent units, located in Glendale, AZ.
-
Asset Manager News
AEW Acquires a Multifamily Portfolio in Japan
AEW Capital Management (“AEW”) announces the acquisition of a multifamily portfolio in Greater Tokyo. The acquisition is a forward purchase of a multifamily portfolio consisting of four, newly completed residential buildings, with a total of 177 residential units.
-
Asset Manager News
Edmond de Rothschild REIM finances property acquisition in Hamburg with mezzanine loan
Edmond de Rothschild REIM, through the Edmond de Rothschild European High Yield I Real Estate Debt Fund and a dedicated fund, has provided €50 million of mezzanine debt for the acquisition of an office complex in Hamburg by B&L Group.
-
Asset Manager News
PGIM Real Estate raises €1.8bn for final close of PGIM Real Estate Capital VII
The seventh fund in PGIM Real Estate’s European flagship high yield debt fund series, PGIM Real Estate Capital VII (PRECap VII), has closed on €1.82 billion (£1.53bn/US$2.07bn), the largest European real estate debt fund closed in 20211 . PGIM Real Estate is the real estate investment and financing business of PGIM, the US$1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
-
Asset Manager News
Orchard Street completes acquisition of multi-let industrial estate in central Bristol for £30 million
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has completed the acquisition of City Business Park, a prime multi-let industrial estate in central Bristol for £30 million. The asset was acquired from LaSalle Investment Management on behalf of St James’s Place Property Unit Trust.
-
Asset Manager News
PGIM Real Estate adds ESG lead for Europe and Asia Pacific
PGIM Real Estate has further strengthened its commitment to environmental, social and governance (ESG) investing, with the addition of Julie Townsend as ESG lead for Europe and Asia Pacific, based in London and effective immediately. PGIM Real Estate is the real estate investment and financing business of PGIM, the US$1.5 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU).
-
Asset Manager News
Edmond de Rothschild REIM Acquires Modern Light-Industrial Asset In Etten-Leur
Edmond de Rothschild Real Estate Investment Management has acquired a modern light-industrial facility in Vossendonk, Etten-Leur, in the Netherlands.
-
Asset Manager News
Vattenfall to sell part of Princess Ariane wind farm to a.s.r.
Vattenfall is to sell part of Prinses Ariane wind farm in the Wieringermeer to a.s.r. As a result, a.s.r. will be the owner of 32 of the 82 turbines on the largest Dutch onshore wind farm.
-
Asset Manager News
Generali Real Estate acquires core logistics asset in Krakow
Generali Real Estate has completed the acquisition of 7R Park Kraków IX, a core logistics asset in Poland, located in Kokotów, Krakow area, on behalf of the pan-European “Generali Real Estate Logistics Fund” (GRELF) managed by Generali Real Estate S.p.A SGR.