CEO Ulrich Höller says goal for Singapore sovereign wealth fund is ‘not too aggressive’.
Change of tack to meet shifting demand pattern and Brexit changes.
New CEO Jochen Schenk reveals plans to expand investment strategy.
Former Tristan Capital executives Peter Mather (above right) and Chris Webb have launched FirethornTrust to invest in UK real estate, with backing from two US family offices.
Global Gate Capital has bought the Picasso office building in north-west Paris on a 6.8% yield, with finance from pbb Deutsche Pfandbriefbank.
MedicX, the UK-listed specialist that invests in healthcare centres in the UK and Ireland, has restructured its fixed-rate debt to simplify its balance sheet and free up properties for asset management.
French listed office specialist Cegereal, owned by Singapore’s sovereign wealth fund GIC and US group Northwood Investors, has agreed to buy the Passy Kennedy office building in Paris for €218 mln.
German fund manager Commerz Real has bought Omniturm, Tishman Speyer’s major mixed-use development project in Frankfurt, on behalf of its hausInvest open-ended real estate fund.
Most of the real estate industry (73%) sees proptech as an opportunity rather than a threat to their business, but 66% do not have a strategy to address digital disruption or innovation.