Pluto Finance writes £12.5 million loan for Leeds office-to-student accommodation conversion
The debt is secured against Coverdale House in the city centre
Pluto Finance has provided a £12.5 million to finance the conversion of a Leeds office property into student accommodation.
Delancey backs new investment manager for asset-backed finance solutions
Evermill Capital will be managed by three founding partners
Delancey has backed Evermill Capital, a new investment manager specialising in asset-backed financing solutions.
'Money will flow into the country' – Empira chairman Lahcen Knapp
Knapp talks to CoStar News about investing in US residential and being acquired by Partners Group
Empira sees great opportunities to develop build-to-rent residential properties in the US as the country has a housing shortage that will take 30 years to solve, said Lahcen Knapp,...
URW takes further control of German shopping centres
Mall owner buys 38.9% from joint venture partner Canada Pension Plan Investment Board
Unibail-Rodamco-Westfield has bought out its joint venture partner in Germany, Canada Pension Plan Investment Board, by acquiring its 38.9% in URW Germany.
German pension fund sells Marylebone office-to-resi opportunity for £29.3 million
Aik bought the property for £16.5 million in 2009
German pension fund manager Aik has sold the Bourdon House office property at 5-7 Mandeville Place in London to a private British family office.
Grosvenor appoints former Knight Frank head Alistair Elliott as chair of its UK property business
He's set to take over from Melanie Gee at the start of 2025
Grosvenor has appointed former Knight Frank chairman Alistair Elliott as chair of its United Kingdom property business.
Greykite buys Munich hotel for €250 million German student accommodation investment drive with Equilibria
London-based fund manager cites relative immaturity of market
London-based Greykite European Real Estate Fund has agreed to buy an 8,000-square-metre, vacant hotel in Munich for a newly formed €250 million student accommodation strategy with ...
Partners Group buys Empira Group with €14 billion residential portfolio
Private equity firm says acquisition will bolster its position as global real estate investor
Partners Group has agreed to buy residential developer Empira Group.
Derwent buys remaining 50% stake in 50 Baker Street scheme for £44.4 million
Development involves 240,000-square-foot office-led scheme
Derwent London has bought the remaining 50% stake in its proposed 50 Baker Street, W1, scheme from joint venture partner Lazari Investments for £44.4 million.
Manchester City Council completes land sale to Kadans for life science development
The scheme forms part of Upper Brook Street regeneration
Manchester City Council has completed a disposal of land to Kadans Science Partner for a life science development as part of the first phase of the Upper Brook Street regeneration ...
Operational real estate could become £1 trillion industry - Macfarlanes
The living sector offers greatest opportunity
Operational real estate could treble in size and become a £1 trillion industry when it reaches maturity, according to an analysis by law firm Macfarlanes.
Patron and LandCo to invest €365 million in Spanish multifamily developments
The initial portfolio will comprise 1,350 homes
Private equity firm Patron Capital and Banco Santander’s LandCo have joined forces to invest €365 million in developing 1,350 new multifamily homes in Spain.
Valesco buys Moncler's headquarters for €200 million in Italy's biggest office deal of last two years
Purchase underscores Valesco's belief in best offices
The Valesco Group has bought a controlling stake in Moncler’s global headquarters in Milan for around €200 million, a 5.5% net initial yield on stabilised rental income.
Brookfield lends £320 million to Blackstone and Regis for single-family rental portfolio
Loan is secured against 1,473 units on 32 sites
Brookfield has provided a £320 million loan to a portfolio of single-family rental properties in the UK owned by Blackstone and Regis Group.
Latest Blackstone CMBS has the tightest pricing of the year
Falling interest rates are behind increasingly competitive CMBS pricing
The latest European commercial mortgage-backed securities deal has the tightest pricing of the year.
Aviva Investors launches multisector private debt fund with £750 million of investment capital
The new fund has received capital from Aviva's My Future Focus default pensions solution
Aviva Investors has launched its third fund under the long-term asset fund regime with the creation of the Aviva Investors Multi-Sector Private Debt LTAF.
Henderson Park and Hines complete €235 million Athens hotel sale to Blackstone
The two partners extended and renovated the property after acquiring it in 2017
Henderson Park and Hines have completed the sale of Grand Hyatt Athens to funds managed by Blackstone Real Estate for €235 million.
Partners Group and Kryalos seek 2-year loan extension after failing to sell Italian malls
The private equity firm and asset manager have also appointed debt adviser to refinance loan
Partners Group and Kryalos have asked for a 24-month extension to a €57.7 million securitised loan against four Italian shopping centres.
Catella raises £102.2 million to invest in UK listed property companies
Fund manager sees mispricing opportunities in sector
Catella APAM has raised £102.2 million for a new fund to invest in UK listed property companies.
Shaftesbury Capital signs £15.9 million of new leases at 7% above previous passing rents
West End landlord reports strong leasing activity across sectors
Shaftesbury Capital has signed £15.9 million of new leases between 1 July and 11 November.