Industry News

Swiss Life Asset Managers and its subsidiary Mayfair Capital have bought their first residential development in the UK for an open-ended real estate fund. The Swiss Life fund has acquired the Duet development in Manchester from the Moorfield Group managed Moorfield Real Estate Fund (MREF) IV fund for GBP73.9 million (EUR86 million). Located in Salford Quays, Duet was opened in 2019 and comprises 270 one, two and three-room apartments. Jos Seligman, transaction and fund manager at Mayfair Capital Investment Management...

Global real estate firm Hines and Dutch pension fund manager PGGM have partnered to build 1,400 rental apartments in Italy. The partnership’s projects include an urban regeneration plan located in Lambrate and two real estate portfolios situated in Milan’s southern quadrant between Navigli and Porta Romana. Hines said it will act as the developer and co-investor for the projects. Hines said the investment for the Milano Lambrate project, comprising 400 residential units, is being made through the Milan Living Fund...

An opportunistic fund managed by Tristan Capital Partners has acquired a majority stake in a UK and Ireland budget hotel platform as part of a GBP420 million (EUR489 million) deal. Tristan Capital’s European Property Investors Special Opportunities 6 (EPISO 6) has acquired the shareholding in Raag Hotels, which owns 10 Point A Hotels branded hotels. The Tristan fund will own the hotel platform alongside current minority shareholders, Queensway, a company associated with the Jivraj family, and a company owned by...

Generali Real Estate welcomes Fraser D’Arcy as the new Head of UK, a pivotal role to continue the commitment to the Central London market. D’Arcy joins Generali Real Estate following the recent acquisition of the Times Square building, which marked Generali’s comeback to the UK markets. London is one of the main investment markets for Generali Real Estate in the next years, and plays a central role in the company’s investment strategy in the most interesting and dynamic cities across...

Commerz Real has appointed Yves-Maurice Radwan as Head of Infrastructure Investments as of 1 April of this year. He is succeeding Jan-Peter Müller, who left the company at the end of 2021. Radwan joined the real assets specialist of the Commerzbank Group in February 2021, where to date he has headed the Infrastructure Transactions department. In his new function he is responsible for partnerships with project developers and asset management in addition to the transaction business. It is his objective...

Piet van Poppel has been appointed head of logistics transactions management; Rob Trevor has been appointed logistics client experience lead; Harald Evers will take up the role of logistics property platform lead and David Horvath has been appointed director of logistics transactions. Van Poppel has been with CBRE IM since 2005. In his new role, Van Poppel will work closely together with David Horvath, who has been promoted to director of logistics transactions EMEA, having joined CBRE Investment Management in...

Lukesch joined Madison in 2008, was named managing director in 2019, and will continue to be based in Madison’s London office. Source: realassets.ipe.com on the 17th of March 2022 https://realassets.ipe.com/news/people-moves-oxford-properties-names-el-akl-esg-operations-senior-director/10058632.article

London, 16th March 2022 – Aquila Capital announces the appointment of Jonathan Webb as Managing Director, Client Advisory International. He will be based in London, reporting to Lars Meisinger, Head of Client Advisory International. In this new role, Jonathan will be responsible for delivering the company’s innovative investment solutions to the UK and Ireland market. He will work closely with the teams throughout Aquila Capital, including asset structuring and portfolio management, to identify ways to help investors access our essential...

Heimstaden strengthens the management team by hiring Son André Hval as Group Director Commercial Letting. He will start in his new role during the spring. Heimstaden is a leading residential real estate company in Europe, with appr. 150,000 homes in ten countries. Heimstaden has today a portfolio of over 900,000 square meters commercial space, accounting for appr. seven percent of the total rental income in the company. "Although residential rental housing is our primary business area, we have a large...