Industry News

The Architectural Firms Pension Fund (‘Pensioenfonds voor de Architectenbureaus’) has given Achmea Real Estate 's Achmea Dutch Healthcare Property Fund (ADHCPF) a new mandate of 58 million euros. The money is in addition to the first mandate of €47.5 million with which the pension fund joined the healthcare property fund in 2009. Source: achmearealestate.nl on the 18 March 2025 https://www.achmearealestate.nl/en/about-us/news/pensioenfonds-architectenbureaus-breidt-mandaat-in-zorgvastgoedfonds-flink-uit

Aboria Capital (‘Aboria’), the new living-focused real estate investment management business, has appointed Eric Byrne, former Head of UBS Asset Management’s Real Estate & Private Markets multi-manager business, as a Senior Adviser to support the firm’s growth. Eric co-founded UBS Asset Management’s c.$50 billion real estate multi-manager business in 2007 and led the business from 2013-2024. Over the course of a career spanning nearly three decades at UBS, Eric established himself as a market leader in developing alternatives investment solutions...

M&G Investments today announces the first close of its latest vintage of Real Estate Debt Funds (“Funds”) including £350 million of capital from four clients. The capital will be deployed into real estate loans across Europe originated by M&G’s market leading Real Estate Finance team. The latest funds have reached a first close with £200 million investment from LGPS Central Limited, £100 million from the Prudential With Profits Fund and £25 million from one of the UK’s largest insurers. M&G...

Valor Real Estate Partners and QuadReal Property’s European logistics partnership has added a €25 million project to its portfolio in France. The partnership has acquired a development site in North Paris from Foncière du Huit and plans to build a 12,000 square metres last-mile logistics facility. Construction will begin at the end of March, with completion targeted for the first quarter of 2026. The €25 million North Paris last-mile logistics development project brings the venture’s French pipeline to €250 million...

Another letting success for Union Investment in Essen: Sports specialist Intersport Voswinkel has secured 2,000 square metres on the first floor of the Limbecker Platz shopping centre for ten years. The first floor is now fully let again. Overall, 50 per cent of the space previously occupied by the insolvent anchor tenant Galeria Karstadt Kaufhof has been re-let in a short period of time. The shopping centre is part of the portfolio of the open-ended real estate fund UniImmo: Europa...

Capital France Hôtel, a separate account managed by Schroders Capital , has the Riviera Marriott Hotel La Porte de Monaco to Swiss-based investor Achernar Assets for an unspecified amount. The four-star Marriott Cap d’Ail hotel located in Cap d’Ail been managed by Schroders Capital under a management contract with Marriott International following its acquisition in 2008. Source: realassets.ipe.com on 7 March 2025 https://realassets.ipe.com/news/schroders-sells-marriott-cap-dail-hotel-to-achernar-assets/10129305.article

Manova Partners , a globally active independent real estate investment firm, has announced the launch of its new logistics real estate fund, Manova European Logistics Real Estate Fund II (MELREF II). The fund, set to launch in the second quarter of 2025, targets a total volume of €300 to €500 million and is designed for institutional investors. It will follow a core/core+ strategy, focusing on logistics real estate investments across Europe. Florian Winkle, Co-CEO of Manova Partners, emphasized the strong...

Slate Asset Management (“Slate” or the “Firm”), a global investor and manager focused on essential real estate and infrastructure assets, today announced that it has completed the acquisition of 45 grocery properties located in Germany, which are collectively valued at over €420 million. Slate acquired the properties in four individual portfolio transactions, which are expected to close in the first quarter of 2025 subject to standard closing conditions. The properties are well-located near major population centers throughout Germany and are...

Panattoni in partnership with Newport Logistics Fund II is to develop a 24,200 square metres build-to-suit facility near Málaga in southern Spain. The facility, located at Antequera Business Park in the rapidly growing logistics hub in the heart of Andalusia, will be developed for Leroy Merlin, the French home improvement retailer, which is seeking facilities near major consumer hubs and key ports in Spain. Panattoni and Newport Logistics Fund, acting on behalf of its Newport Logistics Fund II, have just...