Stable economy and strong fundamentals attract worldwide investors, reports Marianne Korteweg.
Investor reported to have paid €425m to China’s Anbang for city centre property.
Dutch-registered real estate developer AFI Europe has signed a non-binding letter of intent with CEE investor-developer Nepi Rockcastle to acquire its Romanian office portfolio.
Spanish fund manager Azora has created a new Socimi, or REIT, with Indosuez Wealth Management Spain and Banca March, that plans to invest €250 mln in senior housing.
Pan-European private equity investor Henderson Park has acquired a 70% interest in an office portfolio in Poland from Johannesburg-listed EPP, which will retain 30% and continue to manage the assets.
US alternative investment firm Värde Partners has increased its presence in Iberia by taking over the management of an €800 mln portfolio of residential development assets in Spain from ‘bad bank’ Sareb.
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.
French asset manager Amundi Real Estate has sold the PwC Tower in Rotterdam to 1Zone Capital, an equity partner of London-based family office Flemyn.
Swiss Life Asset Managers is poised to acquire a prime office portfolio in Paris’s central business district from French listed property firm Terreïs.