Industry News

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...

Global real estate investment company Kennedy Wilson will expand its logistics platform by an additional US1.5 billion, with a focus on acquiring and managing urban logistics properties across the UK, Ireland, and Spain. Kennedy Wilson’s European logistics platform will continue to seek additional last-mile logistics investment opportunities, targeting total assets of up to US2.5 billion, up from an initial target of US1 billion. The Kennedy Wilson team has acquired more than 80 last-mile urban distribution centers totaling approximately US1.4 billion...

Greystar Real Estate Partners LLC (“Greystar”), a global leader in the investment, development and management of high-quality rental housing properties, has acquired a 234-unit residential development in Hamburg's up-and-coming Harburg district as part of its develop-to-core venture with a global institutional investor to build a diversified, high-quality rental apartment portfolio in Germany and Austria. The forward purchase transaction with developer BPD is the first major development project in Germany and Austria acquired by global residential investor Greystar and follows a...

UBS Asset Management (UBS-AM) Real Estate & Private Markets has bought a GBP59.8 million (EUR69.6 million) student accommodation asset in Nottingham on behalf of its UK core real estate strategy. UBS-AM REPM said the property was purchased from Tosca Mill 1, backed by Toscafund via its investment in Mabec Property. Oliver Abram, portfolio manager at UBS-AM, said: “This transaction supports a key focus area for our UK core real estate strategy which is to target income accretive assets within the...

Hamburg/Ludwigsfelde, 16 March, 2022 – Garbe Industrial Real Estate GmbH is intensifying its commitment in the Berlin/Brandenburg metropolitan region. The Hamburg-based project developer has secured a 24,000 square metres plot in Ludwigsfelde (Teltow-Fläming district, Brandenburg). A multi-user property with a total area of around 12,000 square metres is to be built on it. The investment volume amounts to 16.5 million euros. The property is part of the former state-owned company “VEB Industriewerke Ludwigsfelde”. Until 1990, mainly trucks were produced there...