Real Estate news – Page 226
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Ivanhoé Cambridge-backed UK logistics JV buys 135-acre project site
PLP platform is owned by Macquarie, Peel Group, Ivanhoe Cambridge and management team
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Resmark, Intracorp buy US residential project site from Rastegar
Intracorp plans to build a mixed-use community on the site at Bouldin Creek in Austin
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GIC, RPT Realty, Zimmer, Monarch form US retail real estate venture
Platform targets over $1.2bn of net lease assets with a focus on essential, high credit quality tenants
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Aware Super, Frasers to develop A$1bn industrial complex in Sydney
Altis Property Partners has been named development manager for The YARDS project
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Allianz buys prime last-mile logistics facility in Vienna for €72m
Manager buys SPV that owns the newly built facility in southern Vienna from Exeter Property
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Invesco sells Forestway Shopping Centre in Sydney for A$100m
Invesco intends to recycle capital from the sale into other activities within its Asia Fund
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VICI Properties, Apollo funds to buy Las Vegas resort in $6.3bn deal
VICI Properties to buy Venetian Resort assets for $4bn, Apollo to buy operating company for $2.25bn
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Ivanhoé Cambridge, Embassy create India office investment JV
The platform will have investment capacity of $500m from the two partners
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PfP raises additional capital for Scottish mid-market rent fund
New capital commitment prompts manager to increase MMR fundraising size increased to £240m
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DWS snaps up Barcelona office tower in €128m deal
Värde Partners agrees sale of One Parc Central office development
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Catella buys €52m office development for sustainable properties fund
The office development in Luxembourg was acquired from Lafayette
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BMO REP buys first German asset for high street retail fund
The Cologne property comprises a 1,500sqm flagship store located at Hohe Straße 84–86
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Hillview buys further assets for UK value-add regional office fund
Manager invests £18.3m to buy Belfry Business Park in Watford and the 1320 building in Birmingham
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Patrizia buys Postbahnhof office asset in Berlin from HighBrook
HighBrook acquired the Postbahnhof property for €98m in January 2019
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Invesco, Westmont Hospitality to co-invest in hotel properties
Westmont will operate and co-invest in Invesco’s portfolio of 13 hotels across Europe
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NREP raises initial €900m for new core-plus fund
Semi open-ended fund targets middle-income residentials, logistics and social infrastructure
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Clarion Partners Europe grows Spanish logistics footprint
Clarion invested an undisclosed sum to buy 51,000sqm logistics portfolio on behalf of its funds
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Clearbell UK value-add fund buys 85 Gray’s Inn Road office asset
Property Partners III plans to repurpose existing space to create lab-enabled space and offices
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Wing Tai JV snaps up £255m London office asset from Henderson Park
Henderson Park acquired Athene Place in June 2018 for £101m from Commerz Real
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IPI Partners takes major stake in Supernap Italia
Deal marks data centre firm’s first investment in Europe