Europe

CBRE GI grabs Vienna’s IZD Tower for €270m

The Los Angeles-based real estate investment manager purchased the iconic tower on behalf of Korean clients.

RE investors worth £350bn “pessimistic” over Brexit vote

A poll of investors, developers and advisors by London-based law firm Nabarro finds that 63 percent of respondents think the UK’s departure from the European Union (EU) would hit the real estate industry hard.

ULI panel: ‘Something has to jumpstart Italy’

Senior executives at private real estate big-hitters Blackstone, Lone Star and Goldman Sachs said they view Italy’s banking system as the next potential source of distressed real estate credit deals. But they expressed concerns about obstacles to deal-flow.

Savills IM creates regional CEO roles

The London-based firm has filled roles to lead the company’s expansion in Europe and Asia Pacific with in-house candidates.

Sparinvest Property Investors closes Fund IV on €505m

The fund represents an expansion of the Copenhagen-based multi-manager’s strategy as it will include direct investments alongside operating partners in addition to indirect investments.

Mapletree bags £600m UK business park

The Singapore-based developer-cum-manager has continued its investment strategy of increasing its portfolio across several real estate sectors in the UK.

Round Hill picks up Dutch resi portfolio for €110m

The London-based real estate investment management firm was an early investor in the Dutch market and has cemented its position as one of Europe’s largest private landlords.

Blackstone looking to sell Logicor for €11bn

Should the world’s largest alternative asset manager consider an initial public offering for its logistics arm, Logicor, it could be one of the biggest in European real estate history.

Rockspring passes record with €428.5m haul – Exclusive

The pan-European property fund manager passes its original €400m target for its core plus/value add fund TransEuropean (TEP) VI and is predicting the total fundraise to be a company record for the region.

UBS AM adds sixth hire to research team

Former Cushman & Wakefield global head of forecasting Fergus Hicks is UBS AM’s sixth addition in the last 18 months and provides further evidence of the firm’s intention to continue its research-led investment approach.