All International articles
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OnlineInternational student bookings holding up says operator
Demand for accommodation from international students is holding up, according to PBSA specialist Future Generation.
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Online
Embassy Group and Pi Labs form proptech partnership
One of India’s largest real estate conglomerates has joined proptech investor Pi Labs as a limited partner (LP) in its current Fund 3.
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Online
Skechers signs for first store in Paris
Harper Dennis Hobbs (HDH) has announced a new deal to expand Skechers’ European footprint with an additional store in France.
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Online
Henley exits $225m of US multifamily assets
Henley investments, a private equity real estate firm based in the UK and the US, has sold a total of five US multifamily assets in the first half of 2021 totalling $225m (£159.3m).
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Online
Azora acquires Arenas Resort Giverola from Arenas hotel group in Costa Brava, Spain
The acquisition represents the Azora European Hotel and Lodging’s first purchase since it assembled its seed portfolio ahead of a £591m first close last summer.
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Online
Investment demand to rise for European living assets
Investors are set to increase investment into European Living assets in 2021, according JLL’s Living Investor Survey.
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Online
US investor races off with McLaren HQ
McLaren Group’s headquarters has been sold to Global Net Lease for £170m.
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Online
Cycas signs three hotel management agreements
Cycas Hospitality has signed three hotel management agreements across the UK and Belgium.
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News
Michael Zerda to rejoin LaSalle from Blackstone
Michael Zerda is set to rejoin LaSalle Investment Management to become head of European debt and special situations, following a stint as head of Europe for Blackstone’s real estate debt strategies.
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Online
Reditum Capital provides $11m preferred equity facility to Cornerstone Asset Services
Specialist real estate finance firm Reditum Capital has agreed an $11m (£7.9m) preferred equity facility with Cornerstone Asset Services, a property management company based in Orlando, for the development and operation of 492 affordable rental units in Kissimmee, Florida.
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News
Tokoro Capital secures 60% LTC debt facility for Paris office
Real estate investment manager Tokoro Capital, set up by Sanjay Sethi and Max Bassadone, has closed a 60% loan-to-cost senior investment loan from pbb Deutsche Pfandbriefbank.
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Online
Soho House plots £2.12bn float with US filing
Private members club Soho House has submitted a confidential filing for an initial public offering (IPO) in New York, according to Sky News.
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News
Investment volumes across Europe plummeted 27% in 2020
European real estate investment volumes nosedived 27% last year as Covid took its toll – with Brexit relegating London to second place behind Paris at city level.
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Online
AXA IM Alts raises £690m for fifth-generation development strategy
AXA IM Alts has secured €799m (£690m) in commitments at the first closing of its fifth-generation development strategy.
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Insight
Germany is ready for the recovery
Germany has hit the headlines in recent weeks with surprise regional election results ahead of Angela Merkel’s departure as chancellor and continuing disagreements in continental Europe over the Covid-19 vaccine rollout.
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Insight
Cuomo’s Penn Station plans spark debate
When it comes to forecasting New York City’s future, none of the conventional market analysis tools seem worth a damn.
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Online
Amazon turning US malls into fulfilment centres
Amazon is buying distressed shopping centres in the US and converting them into fulfilment centres.
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Online
Winner announced for Milan 2026 Winter Olympics village masterplan
Italian real estate giant Coima has chosen a winner for the tender for the preliminary masterplan of the regeneration of the Porta Romana Railway Yard in Milan, the future site of the Olympic Village for the 2026 Winter Olympics.
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Online
Biden win leads to uptick in US interest in super-prime resi
Joe Biden’s US presidential election victory has led to an uptick in interest in London super-prime housing, according to Knight Frank’s latest report on London’s super-prime lettings market.
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Online
Henley Investments debuts in Poland with shopping centre buy
UK-based private equity firm Henley Investments has made its debut shopping centre acquisition as part of its European expansion.
