Industry News

Edmond de Rothschild REIM hires Niels Bruijninckx as new Director of Investment for the Dutch/Benelux office. As from 1st January 2022, Niels Bruijninckx has joined Edmond de Rothschild REIM Benelux as Director of Investments. Niels is focussing on the further growth of assets under management with new acquisitions in the industrial and office sector. Edmond de Rothschild REIM has just completed successful capital raising campaigns and brought about growth in the various funds. Onno Scheij, Head of Benelux, and Robbert...

Heather’s expertise across real estate and infrastructure investing to qualify NREP’s ambition to solve urban problems at area and zip code level Leading Nordic real estate investor NREP announces the appointment of Heather Mulahasani to the business as Partner. Heather will play a pivotal role as NREP further explores challenges across the urban ecosystem. Heather has held various senior roles at Goldman Sachs over a twenty-year period, most recently as one of two Partners leading its European Infrastructure team responsible...

DRC Savills Investment Management (“DRC SIM”) has held the final close of its fourth fund in DRC SIM’s high yield debt strategy; European Real Estate Debt IV (“ERED IV”). The Fund successfully reached its target fundraise of c.EUR600 million (cUSD680 million/GBP500 million). DRC SIM is the real estate debt financing arm of Savills Investment Management, the EUR25 billion global investment management platform of Savills plc (LSE: SVS). The Fund has successfully closed sixteen institutional investors, allocating from their real estate...

Europa Capital, the pan-European real estate investment manager, announces that it has strengthened its pan-European origination and acquisitions capabilities with the appointment of Jean-Baptiste Puppi as Director, Origination & Acquisitions. With over ten years of experience in the real estate sector, Jean-Baptiste will be responsible for providing transaction management support with a specific focus on value add investments, including in the office, logistics and residential sectors across Europe. Jean-Baptiste, who will be based in Europa Capital’s Paris office, joins from...

London-based Beaufort Capital, which was formed in 2013 as a specialist real estate lender, has been busy lending funds to experienced property developers in England, Scotland and Wales, it has said The company has closed on or agree on half a dozen projects since December on behalf of a new senior and stretched senior debt product. It has hopes of deploying GBP1 billion (EUR1.19 billion) over the next three-to-five-years via a series of development projects ranging in gross development value...

Round Hill Capital, a leading global specialist real estate investor, developer and manager has today announced its latest acquisition, a new 506-bed asset in Maastricht, the Netherlands, as it continues its rapid expansion of investing in student accommodation across Europe. The project will be developed by Urban Developers and comprises 506 student beds, all of which will provide affordable housing options for students. The new residence will help to address the growing shortage of available student accommodation in Maastricht, with...

Commerz Real has sold the commercial property “Charles Square Center”, which is located in Prague’s New Town quarter, to KGAL Investment Management. The building was erected in 2002 and had been in the portfolio of the Commerz Real open-ended real estate fund Hausinvest since 2007. “Following a successful repositioning and full leasing we have utilised the ongoing demand for core properties to attain a very good result for our investors thanks to a sale,” explains Mario Schüttauf, the fund manager...

LaSalle Investment Management (“LaSalle”) has acquired Verona DC1, a fulfilment centre located in Verona, Italy, a centre of strategic importance connecting northern and southern Europe. The asset was acquired on behalf of Encore+, LaSalle’s flagship pan-European fund, from DeA Capital Real Estate SGR, through Fondo Logita, on behalf of SEGRO European Logistics Partnership (“SELP”). The state-of-the-art e-commerce distribution hub was built in 2019 by Vailog (a SEGRO Group Company) and comprises a lettable area of 128,000 square metres split across...

M7 Real Estate (“M7”), the pan-European investor and asset manager specialising in multi-tenanted properties, announces the sale of a retail warehouse in Madeira, on behalf of the Portuguese Industrial Fund (“PIF”), a joint venture with a major global private equity firm. The asset has been sold to an affiliate of Portugal Yield Fund, FCR, managed by Portuguese private equity firm Iberis Capital. Situated in Funchal, the property comprises 2,500 square metres and is fully occupied by Hôma, the home decor...