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.
Nuveen Real Estate has sold a majority stake in Erlangen shopping centre at a price believed to value the German scheme at €185 mln.
Investment transactions worth more than €2.5bn involving the participation of South Korean buyers have closed or secured approval in the last week.
Blackstone’s OfficeFirst has completed one of the largest single German asset transactions this year, with the sale of The Squaire in Frankfurt.
Morgan Stanley’s ninth global opportunity fund is the principal buyer of the UK ‘Tudor’ big box logistics portfolio, exchanged this week.
AEW’s Europe City Retail fund has sold an asset in Madrid’s Salamanca district for a sub 4% yield.
Bond yields imply there is scope for further compression in property yields. But prime yields are not going anywhere in a hurry. Here’s why, says Neil Blake, global head of forecasting at CBRE.
Tritax EuroBox, the young London-listed REIT which invests in big box logistics on the Continent, intends to expand into the Netherlands, France and perhaps the Nordics next, in pursuit of returns, writes Jane Roberts.