Industry News

Europa Capital is buying an 88-apartment senior living project in Denmark on behalf of its latest value add fund. The European real estate investment manager said it has agreed to buy Kanalgaden 3 in Copenhagen from Gefion Group in a forward funding deal on behalf of Europa Fund VI. Financial details were undisclosed. Located in Albertslund, Kanalgaden 3 is a former office building which is being refurbished into senior living accommodation and is expected to complete in January 2023. Jason...

(WARSAW) - Hines, the global real estate firm, and Kajima, the pan-European real assets business, have announced an agreement to pursue development projects in Poland in the private rental housing sector (PRS). The deal follows Kajima’s recent opening of a Warsaw office, led by Jan Trybulski, head of Poland at Kajima who said: “This project sees two global investors and developers joining forces in one of Europe’s fastest-growing economies. Poland has great fundamentals and a thriving PRS sector. We look...

18 March 2022, London: Tristan Capital Partners’ EPISO 5 Fund has strengthened its position in the Belgium office market with the acquisition of an office portfolio in Brussels consisting of five office buildings. The portfolio has been bought from Deka Immobiliën Investment GmBH. The assets deliver c. 20,000 square metres of workspace located in the city’s most prominent prime office area along the Pentagon at the crossroads of the European District and the City Centre. The portfolio is currently leased...

The world’s first ‘energy positive’ residential impact fund, which will invest a planned EUR500million in Elithis Towers, designed to produce more energy than the building and tenants consume, across cities in France, has been launched by Berlin-based Catella Residential Investment Management (CRIM). The towers, developed by French sustainable building engineering and real estate developer Elithis Groupe, deliver both operational carbon neutrality and effective affordable rents through the elimination of domestic energy bills, hence increasing each household’s annual purchasing power. The...

COIMA SGR, a leading asset manager for institutional investors, is expected to reach a target of EUR1 billion of investment in logistics this year as part of its continued growth in the sector. After the first dedicated COIMA Logistics Fund launched in 2013, investing some EUR100 million with a performance of 18 per cent, COIMA is now bringing forward COIMA Logistics Fund II. The investment strategy for the fund will focus on creating a broad logistics platform fully aligned to...

(PRAGUE) – Hines, the global real estate firm, has acquired a portfolio of four logistics assets, spanning a total of 65,960 square metres, in Prague on behalf of its Hines European Core Fund (HECF), from CPI Property Group, a leading Czech investor and developer, for an undisclosed price. The fully-let assets are located in Brandýs nad Labem, Vestec and Jažlovice, all of which are highly desirable, well connected and established last-mile logistics locations in the Czech capital, with direct highway...

Allianz Real Estate, acting on behalf of several Allianz group companies, has acquired a portfolio of nine prime residential buildings in the Chamartín district of Madrid for EUR185 million. Located next to Castellana 200, a mixed-use office and retail asset already owned by Allianz Real Estate, the transaction consolidates the firm’s ownership of the wider block and expands its exposure to the highly attractive Spanish PRS sector, particularly in Madrid. In total, the nine assets include 245 residential units plus...

Bouwinvest Real Estate Investors has appointed Marleen Bosma, 45, as Director Strategic Business Development to help further drive the company’s transition to a client-oriented organisation. She will report to Chief Client Officer (CCO) Mark Siezen. A total of 36 pension funds, insurance companies and charities invest in the Bouwinvest funds and the Bouwinvest remit covers more than EUR15 billion in assets under management including five Dutch sector funds and international mandates in Europe, North America and Asia-Pacific. Marleen joined Bouwinvest...

Macquarie Asset Management has appointed Alex James to lead product development, capital raising and client coverage in Europe, the Middle East and Africa (EMEA) for its global activities in the real estate sector. Alex joins as a Managing Director and Head of Real Estate, Client Solutions Group EMEA to lead a team of specialists focused on Macquarie Asset Management’s global real estate product suite – ranging from opportunistic strategies, that involve partnering with specialist operators to invest in real estate...