Industry News

King Street Capital Management is joining forces with Portuguese private equity firm Alea Capital Partners to launch a new €375 million investment joint venture targeting student accommodation assets across Portugal. Through the new platform, Alea and King Street will be investing, developing, and operating modern, high quality student housing located in key university cities in Portugal. The focus will be on Alea’s pipeline of over 3,500 accommodation units in Portugal, with immediate three seed assets covering a total area of...

Union Investment has sold the Bruckner Office Centre in Linz. The acquisition was made via the newly founded project company Hon24 Immobilien GmbH, whose sole shareholder is Fabasoft AG. The building at Honauerstrasse 2-4 had been part of the portfolio of the open-ended real estate fund immofonds1, which is marketed exclusively in Austria, since 2015. The Bruckner Office Centre was completed in 2002 and comprises around 7,500 square metres of usable space. Around 84 per cent of this is office...

ActivumSG has made its debut in the UK hospitality real estate market by acquiring an asset in Greater London. The pan-European real estate private equity investment manager’s ActivumSG Fund VII fund has acquired the Sutton Point hotel-led mixed-use asset from an unnamed Irish family office for £21 million (€25.2 million). Following completion of the acquisition, the non-hospitality components of the scheme, comprising residential units, retail space and freehold land, were sold in separate transactions with the ActivumSG fund retaining the...

HIH Invest Real Estate GmbH , in partnership with German housing company Vonovia, has launched a second investment fund focused on residential real estate. Similar to their initial joint fund launched in September 2024, HIH Invest holds a majority stake through a regulated AIF on behalf of institutional investors. Vonovia will manage the properties, while HIH Invest will oversee asset and fund management. The fund has already acquired ten properties totaling €516 million in investment volume. This includes eight development...

LaSalle Investment Management (“LaSalle”), the global real estate investment manager, announces that it has provided a loan facility of £123 million through its flagship real estate debt fund, LREDS IV, to finance the acquisition of two UK holiday parks on behalf of One Investment Management (“OneIM”), a global alternative investment manager, and Foundation Partners, an independent private equity firm. Located across the UK in Somerset (Unity Farm) and Yorkshire (Skirlington), the holiday parks benefit from proximity to the coast, lakes...

Sirius Real Estate has completed the acquisition of a multi-let light industrial park in Carnforth, Lancashire, for c. €10.8 million, representing an 11.4% net initial yield including acquisition costs. The park is just north of Lancaster and is 4.8 kilometers from the M6 motorway with excellent connections to Scotland and the south. The acquisition will add c. 15,993 square metres of light industrial space to the Group’s U.K. portfolio, and has been made using proceeds of the recent capital raise...

Clarion Partners Europe (the “Company”), the real estate investment fund manager specialising in European logistics and industrial assets, has appointed Jasper Petit to the newly created role of Chief Strategy Officer, effective immediately. He brings nearly 20 years of pan-European real estate experience, the last ten of which have been at Bouwinvest Real Estate Investors, a longstanding LP partner of the Company. Jasper will be based out of Clarion Partner Europe’s newly opened Amsterdam office. Alongside CEO Alistair Calvert, he...

M&G plc today announces that its Real Estate business has acquired a majority stake in BauMont Real Estate Capital Limited (BauMont) – a leading European investment manager specialising in value-add strategies. The acquisition underpins M&G’s strategy as it seeks to strengthen its position as a leader in European private assets through selective bolt on acquisitions. Established in 2017, BauMont has offices in Paris and London with €1.5 billion of assets under management and a management team with an investment track...

Valor Real Estate Partners (“Valor”), Europe’s fastest-growing last-mile real estate specialist, has secured two separate green loans from ING, totalling €38 million, to support two recent acquisitions in key Paris and Rotterdam submarkets. In Dugny, within the Grand Paris regeneration zone, Valor acquired a 26,000 sqm Grade A logistics asset, part-funded by a €25 million loan from ING. The property, which was refurbished in 2021 to modern sustainability standards, is fully let to two e-commerce businesses and provides excellent access...