Real Estate Updates – Page 54
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Asset Manager News
M7 makes first Danish investment for M7 EREIP IV with €69.8 million of acquisitions
M7 Real Estate announces that it has undertaken its first investment in Denmark on behalf of M7 European Real Estate Investment Partners IV, acquiring 10 logistics assets for a total of €69.8 million.
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Asset Manager News
Hines acquires core-plus asset in Stuttgart on behalf of Hines European Value Fund (HEVF)
Hines has completed the acquisition of Stuttgarter Tor, a complex consisting of three 100-percent-leased office buildings and a fourth vacant obsolete building in Stuttgart, from a private seller.
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Asset Manager News
Welltower and Hines announce joint venture partner for Sunrise at East 56th Street
Construction underway for senior living and memory care community
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Asset Manager News
Deka Immobilien purchases flagship hotel in the Netherlands
Deka Immobilien has secured a 5-star hotel in Amsterdam under a purchase agreement for more than EUR 150 million.
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Asset Manager News
PATRIZIA acquires Copenhagen’s ‘Marble City’
PATRIZIA Immobilien AG announces the acquisition of the 259 apartments of the ‘Marble City’ residential area in Copenhagen, Denmark, from the pension fund PenSam and the public company City & Harbour.
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Asset Manager News
M7 Real Estate Investment Holdings acquires the M7 Multi-Let Seed Portfolio for circa £117 million
M7 Real Estate announces that it has acquired 92 primarily UK regional multi-let assets comprising the Marble Portfolio and M7 REIP II (from separate vendors) for a combined purchase price of circa £117 million.
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Asset Manager News
M7 Real Estate Investment Holdings acquires the M7 Multi-Let Seed Portfolio for circa £117 million
M7 Real Estate announces that it has acquired 92 primarily UK regional multi-let assets comprising the Marble Portfolio and M7 REIP II (from separate vendors) for a combined purchase price of circa £117 million.
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Asset Manager News
Chipotle selects Hines' 1144 Fifteenth Street for new corporate headquarters
Hines announced today that Chipotle Mexican Grill has signed a 152,000-square-foot lease to relocate its headquarters to 1144 Fifteenth Street, a new 40-story, Class AA office tower totaling 671,101 square feet in downtown Denver.
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Asset Manager News
WeWork to open first location in Munich at Hines' Oskar Building
Hines announced today that the U.S.-based shared workspace provider, WeWork, has signed a lease for more than 8,000 square meters of office space in the firm’s OSKAR property, a prestigious office building located on the Oskar-von-Miller-Ring road in Munich.
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Asset Manager News
Second stage of construction commences at outlet village Pulkovo
Hines has announced commencement of the second phase of construction at Outlet Village Pulkovo, the first and largest retail outlet complex in Saint Petersburg.
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Asset Manager News
Deka Immobilien sells office tower in France
Deka Immobilien has sold the office high-rise property Tour Cèdre in the La Défense district near Paris. Invesco Real Estate and RedTree Capital have acquired the property as part of a joint venture agreement.
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Asset Manager News
Hines announces partnership with Tata Housing in Thane
Plans to invest $23 million in India’s first wellness homes project
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Asset Manager News
Houston's first chef hall announced for Hines' Aris Market Square
Bravery Chef Hall to Occupy 9,100 Square-foot Restaurant Space
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Asset Manager News
GTIS Partners and CalSTRS announce joint venture
GTIS Partners LP and the California State Teachers’ Retirement System, today announced that they’ve entered into a joint venture agreement to initially invest $204 million in homebuilding and residential lot development, nationwide.
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Asset Manager News
KGAL expands its Austria retail portfolio with acquisition of MerkurCity centre, Wiener Neustadt
KGAL has secured MerkurCity, a modern retail centre in the city of Wiener Neustadt in Austria.
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Asset Manager News
Deka Immobilien purchases landmark building in Frankfurt
Deka Immobilien has exchanged contracts to secure the purchase of the Tower 185 office skyscraper in Frankfurt am Main.
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Asset Manager News
PGGM and Hines enter separate account to invest in Milan
First investments completed, a €110 million portfolio acquisition
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Asset Manager News
Hines and Peterson Launch Central Plaza - An Iconic New Dublin City Centre Mixed-Use Development
Hines and Peterson today launched the marketing campaign for Central Plaza and unveiled the marketing suite which features a specially commissioned scale model of its visionary Dublin city centre development at No 9, College Green.
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Asset Manager News
M7 closes its largest fund, M7 EREIP IV, raising €400 million
M7 Real Estate announces that it has completed the final close of its fourth European investment fund M7 European Real Estate Investment Partners IV.
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Asset Manager News
Brazil Hospitality Group (BHG) starts partnership with AccorHotels
Brazil Hospitality Group announces today the beginning of its partnership with AccorHotels, which will manage 17 of BHG’s owned hotels.