Search Results for: european retail real estate – Page 6

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Real estate investment manager ECE Real Estate Partners has set up a new preferred equity fund backed by a portfolio of three German neighbourhood shopping centres with a market value in excess of EUR 500 million.

Meyer Bergman is creating a €2 billion platform allowing institutional investors to tap into surging demand for last-mile distribution centres, with the launch of Crossbay.

Europe’s retailing sector is reeling from the shock of lockdowns across the region to limit the spread of the Covid-19 pandemic, but the impact on the sector’s credit outlook will be uneven, says Scope Ratings.

The Netherlands and most other European countries are forecast to be pushed into recession this year by the impact of the coronavirus pandemic.

The conversion has started, the opening is scheduled for autumn 2020.

By welcoming Cattolica Assicurazioni as a shareholder by the end of 2019, Altera continues to broaden its international shareholder base.

Colliers International and Savills named leasing agents for 5,000 square feet of new retail space on London’s premier shopping street.

Trinova Real Estate has completed the acquisition of the Spectrum Building in Glasgow on behalf of Futureal Group, a leading real estate developer and investor in Central and Eastern Europe. The transaction marks a significant milestone in Futureal’s expansion into Western Europe.

Hans-Peter Hähnlein has been appointed as CEO of Equilis Germany.

Grosvenor Europe has launched a first of its kind air quality monitoring scheme in its Swedish retail portfolio.

JSE listed EPP, Poland’s biggest retail landlord, today released interim results for the six months ended June 2019 with distributable income earnings up 9% and distributions of EUR 5.8 cents per share, in line with market guidance. Importantly, the company reduced its loan-to-value ratio by 2.1% during the period to 49.8%.

Retail real estate specialist ECE Real Estate Partners has set up an open-ended pan-European shopping centre fund. The new “ECE Progressive Income Growth Fund” (EPIG Fund) has secured equity commitments of more than EUR 700 million from a leading global institutional investor base and has acquired a seed portfolio consisting of dominant shopping centres in Germany, Austria, Denmark, Poland and Italy with a market value in excess of EUR 1.6 billion. For the upcoming years, further acquisitions of dominant European shopping centres are planned.

The Dutch center will open in autumn 2020 and will be the first outlet center in the Greater Amsterdam area.