New York-based Fortress is believed to be offering €450 mln, or 24 cents on the dollar, for a package of soured loans which are backed by around 4,000 assets in Greece.
Consolidation among German property companies continued this week with an agreement to create an €8.6 bn residential giant by combining Ado Properties, Adler Estate and Consus.
Call it an agent’s fudge? Savills is predicting a better year - but not much better - for UK investment in 2020.
The Blackstone Group pulled off Europe’s biggest deal of the year.
Nuveen Real Estate has sold a majority stake in Erlangen shopping centre at a price believed to value the German scheme at €185 mln.
Property developing and investment in the UK received a welcome dose of certainty with a conclusive result in the British general election, last week.
Investment transactions worth more than €2.5bn involving the participation of South Korean buyers have closed or secured approval in the last week.
Chinese conglomerate HNA Group has sold its last remaining property in the UK for almost a quarter less than it paid for it three years ago, sources told Europroperty.