Industry News

Nuveen Real Estate , one of the largest real estate investment managers in the world1 with $147 billion of assets under management, has acquired a newly constructed logistics asset in Horsens, Denmark, via an off-market transaction for €33 million. The acquisition was made on behalf of the European Core Plus Logistics strategy which was launched in 2022 and targets core plus investments across both standing and development assets. The asset is Nuveen Real Estate’s first logistics investment in Denmark, with...

Harrison Street , the alternative real assets investment management firm, has appointed Mina Kojuri as MD, head of investor relations Europe. Kojuri has been elevated from director investor relations, a position she has held since 2022 having joined from AEW in a similar role. She is also a member of the board of directors at Women in Real Estate (WIRE). Source: propertyeu.info on the 3rd of July, 2024 https://propertyeu.info/Nieuws/Harrison-Street-elevates-Mina-Kojuri/ac7e5480-ed20-42bb-894d-9d7b7fae23ec

Global real estate advisor, CBRE , has appointed Anurag Sharma as an Executive Director and Head of Loan Advisory in the Loan Servicing team, led by Clarence Dixon. In his new role, Sharma will be responsible for helping European clients navigate distressed debt situations as well as running CBRE’s loan valuation platform, currently the largest in Europe at €22 billion. Sharma joins from Lone Star, where he was responsible for investments across Europe, covering distressed debt and real estate. Prior...

Aviva Investors , the global asset management business of Aviva plc, announces it has completed the acquisition of Brunel Retail Park in Reading. Consisting of six modern retail units and including two restaurants, Brunel Retail Park offers more than 117,000 square feet of lettable space, with units ranging from 1,009 square feet to 35,500 square feet. It is currently home to a number of household names including Halfords, Pets at Home, B&M, Homes Bargains, Dreams and The Range. The Park...

Paris-headquartered La Française Real Estate Managers (REM) has appointed Antoine Le Treut as deputy managing director, in charge of the institutional division for France (asset and fund management), effective 27 June. In this capacity, Antoine Le Treut succeeds David Rendall, who will focus on developing La Française REM's international real estate business. Since joining La Française in 2014, Rendall has spearheaded the expansion of international real estate asset management, including establishing a presence in Seoul and Singapore. Le Treut will...

Real estate investment manager Savills Investment Management has sold a cross-dock asset in Gothenburg, Sweden on behalf of its Nordic logistics club deal fund. The buyer is Swiss Life Asset Managers Nordic on behalf of one of its funds and a group of investors. Built in 2009 and expanded in 2014, the facility offers 25,700 square metres in logistics space and is located near the centre of the Swedish city of Gothenburg in Backa industrial area. Gothenburg’s nearby port is...

Global real estate services provider CBRE has appointed Helena Rickmers (31) as the new head of hotel investment in Germany. As of 1 July, Rickmers is responsible for advising on the purchase and sale of hotel properties. Rickmers has worked for CBRE since 2017. She reports directly to Fabian Klein, head of investment at CBRE in Germany. Source: propertyeu.info on the 1st of July, 2024 https://propertyeu.info/Nieuws/CBRE-in-Germany-appoints-head-of-hotel-investment/6e0af65d-a194-4484-b3bd-22a4d7fa266f

Abrdn has acquired the Tandem Centre, a retail park in Colliers Wood, London, for £60.8 million (€72 million) from LaSalle Investment Management. The acquisition was made on behalf of the Standard Life Pooled Pension Property Fund, of which abrdn is the discretionary fund manager. The Tandem Centre is a retail destination in South London, encompassing 118,079 square feet (11,150 square metres) of retail warehouse space across 16 units on a freehold 7.68-acre (2.7 hectares) site. The centre is fully let...

Orchard Street Investment Management (Orchard Street) on behalf of its Impact Fund acquired an urban industrial estate in Charlton for c. €24.6 million. The fully-let freehold estate is located in an established commercial centre in South East London, approximately six miles east of Southwark and London Bridge and 2.4 kilometres southeast of Greenwich Peninsula and The O2 Dome. The property benefits from last-mile accessibility to Central London, Canary Wharf and the wider M25 motorway network while being adjacent to the...