Industry News

Schroders Capital’s real estate team has made Hideki Kurata head of France. Hideki, who has been with Greystar since 2018, will start in his new role on 1 March 2023, and will also be part of Schroders Capital’s global real estate management team. He will also assume the newly-created role of Head of Living to source new strategic capital and investment opportunities in the residential property space. In particular, he will target ‘operationally intense’ residential strategies encompassing senior, student and...

CBRE Investment Management (“CBRE IM”) has appointed Antonio Tarroc to Retail Property Platform Lead EMEA. In this newly created role, Antonio will help deliver on CBRE IM’s ambition to create a market-leading EMEA retail operator platform. Antonio’s appointment completes CBRE IM’s operating model evolution in EMEA regarding Property Platform Leads as each sector now has in place a dedicated Lead for retail, logistics, offices and residential. As part of this evolution, the business also has fully empowered local sector asset...

Fiera Capital Corporation, a leading independent asset management firm, is pleased to announce the appointment of Wenzel Hoberg as Global Head of Real Estate, effective January 16, 2023. Wenzel will be based in Toronto. Bringing over 25 years of experience in the real estate industry, Wenzel will lead the growth of Fiera Real Estate's Canadian and UK platforms in key markets, with a focus on bringing best-in-class strategies to investors and efficiently allocating capital. Building on the firm's existing footprint...

Sienna Investment Managers (“Sienna IM”), GBL’s alternative investment platform, has appointed Floris Van Maanen as the new CEO of Sienna Real Estate. Floris will lead Sienna Real Estate Group, which has offices in Paris, Hamburg, Frankfurt, London, Madrid, Seoul, Zurich, and Amsterdam. As of the first of January, Floris has taken over the CEO position from founding partner Didier Unglik. Didier Unglik, Founding Partner of Sienna Real Estate, will leave his duties as Chief Executive Officer and will bring his...

Hines, a global real estate investment, development, and property manager, together with an institutional investment partner, has acquired 502,800 square metres of land to develop a three-phase best in class logistics facilities park, Hub 65, located in Kolding, Denmark. In response to continued global demand from occupiers for prime logistics space in the Nordics, the partnership will fund the development of state-of-the-art warehousing in Kolding currently expected to comprise three phases with flexibility to accommodate customer demand. Each stage will...

Clarion Partners Europe is pushing ahead with its significant development pipeline in Spain, constructing c. 65,000 square metres of Grade A logistics space across three schemes in and around Barcelona. In Esparreguera, a prime Barcelona logistics location 41 kilometres west of the city centre, Clarion Partners Europe has started construction of a 22,000 square metres, Grade A logistics warehouse, due to complete in Q2 2023. The BREEAM Excellent targeted property will have clear heights of 11m, 25x dock doors and...

M7 Real Estate has sold the Forte 9 office building, formerly known as Cervejaria Lusitânia facilities, on Avenida do Forte in Carnaxide, Lisbon, to Lusoproa, a Portuguese real estate developer. The transaction was mediated by CBRE, who was mandated by the seller to manage and complete the sales process. With the licensing approved, the Forte building will be fully destined for services, totaling about 3.500 square metres of GCA spread over 3 floors, which add up to 116 parking spaces...

Allianz has reportedly acquired an office building at Milan’s Via Solferino from US asset management giant Blackstone for a price of €200 million. According to a news report by Italian paper Il Sole 24 Ore, the transaction took the form of a sale of the units in the Delphine fund managed by Kryalos and invested by Blackstone. The office complex consists of 3 buildings fully leased to Cassa Depositi e Prestiti, flexible office group WeWork and to a bank. The...

AXA IM Alts, a global leader in alternative investments with over €188 billion of assets under management, has been granted planning approval to deliver a c.44,000 square metres affordable housing development in the Tetuán district of Madrid. This significant milestone follows the acquisition of the site, on behalf of clients, in December 2019. On completion, expected in Q4 2024, the scheme will comprise c. 540 high-quality apartments across two 24-storey properties, alongside an array of amenities including landscaped gardens, a...