All International articles – Page 4
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MarketsCrossrail on track to boost the capital
After a succession of setbacks and a pandemic, Crossrail is finally set to open this June. Kate Parker asks what impact the Elizabeth line has had – and will have – on London.
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Insight
The birth of a logistics giant
GLP Europe’s Daan van den Hoven and Nick Cook reveal to Property Week how the business has transformed itself into one of the biggest logistics developers in Europe.
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Insight
Days of buying a balanced portfolio look numbered
Balanced core portfolios have been at the heart of real estate strategies for decades, following what appeared to be a relatively low-risk approach to provide steady income to match insurers’ and pension funds’ current and future liabilities.
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News
Pressure mounting on JLL to cut ties with Russian partners
Pressure is mounting on JLL to cut its ties with its Russian partners after Avison Young, CBRE, Colliers Savills, and Knight Frank all confirmed that they were suspending their Russian operations.
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News
Edyn secures £100m facility for European expansion
Hospitality firm edyn, which provides extended-stay accommodation, has secured £105m in debt funding from Blackstone Mortgage Trust and KSL Capital Partners’ European Capital Solutions (ECS) platform.
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News
More agents cut ties with Russian partners
Five of the world’s biggest property consultancies have severed ties with their Russian partners as the situation in Ukraine continues to deteriorate.
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News
Amazon shutters 4-star shops
Online retailer Amazon is closing its two ‘4-star’ shops in the UK, as well as the equivalent and other bookstore formats in the US.
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News
Tomb Raider founder expands proptech firm into Europe
Property management software provider Spike Global, set up by the mastermind behind Tomb Raider, has expanded into Germany, Property Week can reveal.
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News
Hines preps third European value-add fund with €1.5bn target
Hines intends to launch its third European value-add fund with a €1.5bn target.
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News
Savills IM hires European living research head
Savills Investment Management (IM) has hired Adam Alari as Head of European living research.
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News
Wells Fargo hires HSBC’s European real estate finance head
Wells Fargo has hired Nicola Free, HSBC’s European head of real estate finance, in a bid to expand its commercial real estate finance business in Europe.
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News
GCP Co-Living REIT halts £300m IPO of The Collective’s former assets due to ‘Ukraine events’
GCP Co-Living REIT has halted its £300m initial public offering (IPO) of the assets of the collapsed co-living brand The Collective “in light of the events in Ukraine over the last 24 hours”.
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News
CBRE ‘significantly outperforms’ pre-Covid peak
CBRE has boasted a “strong finish” to 2021 in which it “significantly outperformed” both the final quarter of 2020 and the pre-pandemic peak in the final quarter of 2019.
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News
Co-living group DoveVivo acquires Altido
Italian co-living firm DoveVivo has acquired Altido, a short-term property management group in Europe.
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News
Fears mount over the escalating situation in Ukraine
Fears were mounting this week over the escalating political situation in Ukraine as the UK government imposed a raft of sanctions against Russia that could have major ramifications for the UK property industry.
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News
CLS Holdings buys Dusseldorf office building from alstria office REIT for €25m
CLS Holdings has unconditionally exchanged contracts to acquire a 98,684 sq ft office building in Dusseldorf for €25m, around £20.9m, from alstria office REIT-AG.
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Insight
Will China slowdown affect the UK?
China is home to 1.4 billion people, a major producer and consumer of goods and commodities and a leading engine of global economic growth. Clearly, what happens in mainland China matters.
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News
Westmount partners with Ares on 6.1m sq ft US industrial deal
Dallas-based commercial real estate company Westmount Realty Capital has partnered with a fund managed by the Real Estate Group of Ares Management Corporation to recapitalise a 51-asset industrial portfolio totaling 6.1m sq ft in Chicago and Milwaukee.
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News
Europa Capital promotes Lynn Smith to head of sustainability and development
Pan-European real estate investment manager Europa Capital has promoted Lynn Smith to the new role of head of sustainability and development.
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News
Round Hill Capital multi-family fund raises £117m
Round Hill Capital’s European multi-family fund has secured €140m (£117m) in additional capital from German and Japanese investors, taking its total size up to €340m.
