Industry News

Evonite, the London-based and independently owned European value-add real estate partnership, has revealed its two additional founding partners are José Pellicer and Chris Warren. José Pellicer, who joins as Partner, Strategy and Chris Warren who joins as Partner, Finance and Operations will team up with Paul Hampton, CEO, Charles-Nicolas Tarrière, Partner, Portfolio Management and Kevin Muscat, Partner, Investments. The five founding partners previously worked together at Rockspring, and subsequently PATRIZIA, for over 10 years on the market renowned TEP value-add...

Bridges Fund Management has partnered with Irish real estate developer Dunquin Capital to develop a sustainable logistics park in Ireland. This project will be one of the first new multi-let industrial developments in Ireland in two decades. Located within the Stadium Business Park in northwest Dublin, just 12 kilometres from the city centre, the 3-hectare site is close to the M50 motorway via Junction 6, making it an ideal location for distribution businesses. The planned development includes five modern logistics...

CBRE IM and global commercial real estate developer Trammell Crow Company (TCC) have partnered to purchase a 38,500 m2 logistics property near Berlin, Germany. The seller was Real Core Holding, a Frankurt-based joint venture between May & Co. and Pflugfelder for the development of industrial and logistics properties. RCH acquired the property in 2017, developed the development plan, and obtained a building permit in 2021. The construction of the project is expected to start this year. In their first collaboration...

European privately-owned real estate, credit and private equity manager, Colony IM, has promoted Mauritia Foujols to Managing Director, Investments and Strategic asset management. Based in Paris and reporting to Chairman and CEO Nadra Moussalem, Foujols will be responsible for leading the ongoing development and implementation of Colony IM’s strategy across the firm’s portfolio. A finance and special situations specialist, Mauritia Foujols has been key to the growth and strategic direction of Colony IM’s since she joined in 2021 and her...

CBRE Investment Management (CBRE IM) is pleased to announce appointments in lead portfolio management roles for two of its largest flagship open-end strategies, underscoring the firm’s commitment to cross-platform innovation, top talent, diversity and mobility. Elisabeth (Liz) Troni has been appointed as lead Portfolio Manager for the firm’s U.S. core real estate strategy. Lucy Fletcher has joined CBRE IM as lead Portfolio Manager for the firm’s global open-end core-plus strategy, succeeding Troni in this role. Troni is based in New...

Nordic real estate investor Slättö has made its official debut in the Danish market, appointing Anders Østergaard Hansen as country head. Slättö's rapid growth, with assets under management reaching €2.5 bn in Q2 2024, has fueled its expansion into Denmark. This marks its third Nordic market, following successful operations in Sweden and Finland. Anders Østergaard Hansen brings with him extensive experience in investment and real estate development. His most recent role was at NREP, where he led the office business...

UK investment manager Octopus Investments announced on Wednesday that it has extended its tentacles into Europe for the first time in its 24-year history. The group has opened a new Spanish office, located on Paseo de la Castellana in Madrid’s financial district. The office represents the first permanent location for Octopus in mainland Europe, as it looks to build a more global footprint and expand the firm’s existing investment capabilities. Octopus is principally focussed on the living and healthcare real...

Niam , a leading real estate fund manager in the Nordics, is pleased to announce the final close of Niam Nordic VIII. The fund has successfully secured EUR 805 million in equity commitments, excluding co-investment capital. This milestone establishes Niam Nordic VIII as the second largest opportunistic fund in Niam's history. Over the past 12 months, the team has successfully deployed a majority of this capital into primarily the Nordic residential and logistics sectors along with other opportunity driven investments...

Patrizia has reached almost €1 bn of equity commitments for its Smart City Infrastructure Fund after the latest round of commitments. The German real assets investor agreed an extra €200 mln from Dutch asset manager APG on behalf of its pension fund client, ABP. That takes total equity commitments to €950 mln and as much as €1.4 bn when counting a $500 mln co-investment side-car vehicle. ABP’s new investment is aimed at expanding the fund’s Italian smart streetlighting platform, following...