THE LATEST PLACEMAKING NEWS
Revcap has sold six Metro stores with a total leasable area of ca. 130,000 sq m to Israeli fund manager MiDEAL Real Estate Funds.
CBRE Investment Management, on behalf of the European Co-Investment Fund (ECF), has sold BIG Shopping Park in Copenhagen, owned in a joint venture with Portus Retail Partners to M&G Real Estate–part of M&G plc’s £65 billion private assets and alternatives business. The sale represents one of the largest European single-asset retail transactions.
Trei Real Estate borrowed €27.5 million in its first financing arrangement with the Polish bank Pekao. Collateral for the loan was provided in the form of seven Vendo Parks in Poland, all of which were completed during the past twelve months.
MPC Properties acquired Delta City shopping center (open since 2007), expanding its portfolio to five regional retail assets with the latest, BEO Shopping Center opening in June 2020.
The construction of the project developed by UBM Development and Paulus Immobilien is entering the implementation phase.
Newsec will gather their present operations in seven countries under a single organization, led by Patrik Attemark who has been recruited as new CEO as of December.
TRP has announced the appointment of James Hessey to its growing investment team, joining Investment Director, Antony Nickalls, and CEO, Rob Wingrave.
Deutsche Fachmarkt AG (Defama) has purchased two properties in North Rhine-Westphalia: a retail park near Dortmund and a REWE store in Cologne-Rondorf.
The Transaction Team of BNP Paribas REIM Germany in Munich has two new members: Aliya Mogireva as Real Estate Transaction Manager and Daniel McKillop as Real Estate Analyst.
The 27, 000 sq m project is being delivered by Rioja Estates in partnership with Osborne+Co, its first phase is expected to open in Summer 2025 with Phase Two following soon after in Autumn 2027.
One of the first anchor tenants signs a lease for the Stern Center in Sindelfingen (Baden-Württemberg) which will be transformed to a hybrid center. tegut... is represented with around 290 supermarkets in six German states.
The Supervisory Board of HAHN-Immobilien-Beteiligungs AG has appointed Daniel Löhken to the Executive Board, effective January 1, 2022. Together with CEO Thomas Kuhlmann, he will form the company's two-member Executive Board in the future.
Commerz Real has sold the Orange les Vignes retail park in southern France to Bradford Asset Management for €35.5 million for its RPCI fund. It had been in the portfolio of the Hausinvest open-ended real estate fund since its completion in 2010.
Frankfurt-based Habona Invest has acquired a portfolio consisting of four local shopping properties with a total investment volume of over €17 million for its closed-end mutual fund Habona Deutsche Einzelhandelsimmobilien Fonds 07.
Signa and ARE Austrian Real Estate recently received building permits for the 155-meter-high mixed-use tower and an office building. This clears the way for the completion of the Vienna Twentytwo urban quarter, which has been under construction since 2019.
FOM Invest has leased around 7,600 sq m of retail space in the Linden district in Hannover to the retail chain Edeka.
For the eighth time in a row, Cushman & Wakefield was awarded Best Retail Real Estate Agency at the CIJ Awards.
Redevco has created a NextGen board with eight members representing various functions across the organization and each of its six European offices. NextGen’s remit will include offering a fresh perspective on the company’s vision, mission, strategy, and culture.
Deutsche ImmobilienGruppe (DI Group) concluded ten new and follow-up leases for 7,200 sq m in its Berlin shopping center Forum Köpenick.
McArthurGlen Group announced today that footfall has stabilized across its portfolio, with almost 45 million guests visiting their centers globally in the six months from May to November in 2021.