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.
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.
US developer-investor Hines has co-instructed agents CBRE and GVA Redilco to sell a mixed use building in Milan’s Via Orefici near the city’s Piazza Duomo for a price of €200 mln.
Spanish REIT Merlin is believed to be finalising the sale to peer REIT Silicius of three retail assets in Spain worth around €175 mln as part of a strategy to divest non core real estate.
CPI is acquiring a total of eight city-centre office properties in Warsaw as part of plans to expand its footprint in the Polish capital and take advantage of strong market conditions. CEO Martin Nemecek tells Europroperty about these plans.
Spanish asset management group Azora is to launch a new European resort hotel and urban hostels fund with a target investment size of up to €1.4 bn. The vehicle - Azora European Hotel & Lodging – is currently being marketed to investors with the aim to carry out its first closing by the first quarter of 2020, according to a company spokesperson.
Spanish property group Azora is considering launching new vehicles to invest in senior living separately from its dedicated Adriano Care REIT arm, according to Carlos Fernández de Araoz, Azora’s partner responsible for the senior living segment.
The US asset management giant is to buy a portfolio of office buildings in Dublin in what would be one of Ireland’s biggest property sales.
The US private equity investor acquires a big box store portfolio from owner-occupier Leroy Merlin in one of the country's largest retail deals this year.