Prime logistics warehouses in the likes of Denmark, the Czech Republic, Spain and Italy are now the only prime assets likely to provide yields of more than 5% according to research from Savills.
Property giant Unibail-Rodamco-Westfield has agreed a deal with Canadians PSP Investments and QuadReal Property Group to develop a €750 mln private rental housing scheme providing 1,200 homes next to Westfield Stratford City in east London.
Sonae Sierra is in due diligence to sell its Dos Mares shopping centre near Alicante in Murcia, Spain, for a yield above 8%.
Frankfurt-listed property firm TLG Immobilien has acquired a fully occupied office complex in Bonn for €88.8 mln, while announcing the divestment of around €118 mln of retail assets across Germany.
UK-based private equity real estate fund manager Benson Elliot Capital Management has raised more than €800 mln for its latest pan-European value-add/opportunistic fund.
Investment manager Invesco Real Estate and developer Urbania International, through its subsidiary Syllâbus, are planning to create a €250 mln student housing platform in Spain.
Private equity business Baumont Real Estate Capital has raised €337 mln at the final close of its debut private equity real estate fund, Baumont Real Estate One SCSp.
Ultra-high-net-worth individuals increase global portfolios to €258bn.
Investment manager targets forward-funding deals across Europe.