Knight Frank appoints Charles Taylor as CEO Poland
Taylor joins from Cushman & Wakefield
Knight Frank has appointed Charles Taylor as chief executive of its Polish business.
Savills hires Anne Brom as senior consultant in European property management team
Brom will focus on pan-European client relationships and tenders
Savills has hired Anne Brom as senior consultant in its cross border property management, Europe Middle East and Africa team.
NatWest provides Clarion Partners Europe with €240 million loan
The debt facility will help make logistics investor's portfolio greener
Clarion Partners Europe has agreed a €240 million net asset value line facility with NatWest for one of its co-mingled funds.
Strategic Value Partners agrees to buy Blanchardstown Centre for a reported €600 million
Blackstone gave keys to lenders in 2020 as shopping centre income took hit from pandemic
Strategic Value Partners has agreed to buy the Blanchardstown shopping centre in Dublin.
Supermarket Income REIT buys Huddersfield Sainsbury’s for £49.7 million
Company to seek shareholder approval to buy more properties in Europe
Supermarket Income REIT has bought a Sainsbury’s supermarket in Huddersfield, West Yorkshire, for £49.7 million, a 7.6% net initial yield.
Deutsche Finance and Argo buy Reading industrial estate
Headley Park 10 covers 117,000 square feet of urban logistics and industrial space
Deutsche Finance International and Argo Real Estate have bought the Headley Park 10 estate in Reading.
Brookfield-owned Center Parcs prices £346 million bond issue
New bond will bear 5.94% interest rate
Brookfield-owned Center Parcs said that its CPUK Finance vehicle has priced a £346 million bond issue of 5.94% class A8 fixed rate secured notes due in 2047, with an expected matur...
Cromwell European REIT receives €340 million debt facility from international banking consortium
One-year loan helps to refinance €450 million bond due next year
Cromwell European Real Estate REIT has received a one-year, €340 million debt facility from a consortium of international banks.
Average office rental growth rate increases across Europe to 3.6% from 2.2%
Some markets see 400-basis points uptick
Expected average rental growth rate for European offices this year has improved across all locations from 2.2% to 3.6%, according to the IPF European Consensus Forecasts.
Multi buys minority stake in Sicilian shopping centre
Dutch firm will also act as property manager of Forum Palermo
Multi Corporation has partnered with Hayfin Capital Management to co-invest in the newly established Fondo Sun, which has finalised the acquisition of the Forum Palermo shopping ce...
BofA and Morgan Stanley launch £370 million Blackstone logistics CMBS
UK Logistics 2024-2 DAC is the fifth European securitisation this year
Bank of America and Morgan Stanley have launched a £370 million commercial mortgage-backed security backed by prime urban logistics properties owned by Blackstone.
AlphaReal makes two senior hires
Fund manager appoints Jamie Cash as senior funds director and Chris Palmer as senior adviser
AlphaReal has hired Jamie Cash as senior funds director and Chris Palmer as senior advisor.
Jon Zehner to retire as LaSalle's vice chairman by year-end
Zehner joined fund manager in 2012 as head of investor relations
Jon Zehner will retire as vice chairman of LaSalle Investment Management at the end of the year.
City of Hamburg buys building out of Signa insolvency for half the price
Austrian firm bought the property at Gerhart-Hauptmann-Platz four years ago
The City of Hamburg has bought a property for €112.5 million, more than half the price Austrian property firm Signa paid for it four years ago.
Brookfield to flip a third of Tritax Eurobox €1.5 billion portfolio to Segro after acquisition
Segro agrees to buy €470 million portfolio of Dutch and German properties
Brookfield has agreed to flip a €470 million portfolio of Tritax Eurobox properties to Segro after completing the acquisition of the listed industrial investor.
ASR to sell Rotterdam office building with €85 million price tag
The property has been let to 25 tenants
ASR real estate has instructed NL Real Estate to sell a multilet Rotterdam office building with a circa €85 million guide price, said two sources familiar with the situation.
Colliers hires Jeroen Lokerse as CEO of the Netherlands
Lokerse led Cushman's Dutch business for more than a decade
Colliers has appointed Jeroen Lokerse as chief executive of the Netherlands.
GPE buys West End refurb and secures £150 million ESG-linked loan
Investor buys Whittington House for £58.1 million
GPE has signed a new £150 million ESG-linked unsecured revolving credit facility at a headline margin of 90 basis points over the SONIA interest rate benchmark.
Blackstone completes €190 million Sicilian shopping centre sale to Hayfin
US private equity firm repays €150.6 million outstanding securitised debt
Blackstone has completed the sale of the Forum Palermo shopping centre in Sicily, Italy, to Hayfin Capital Management for around €190 million.
Austrian plastic producer signs for 126,133 square feet in Total Park Telford
Developer secures first tenant for speculative scheme
Total Developments has secured the first occupier at Total Park Telford, six months ahead of practical completion of the industrial and logistics development.