Month: April 2020

UK developer-investor U+I has become the latest European company to suspend dividend payments in an effort to preserve cash amid the coronavirus outbreak. In a statement on Wednesday, U+I said the measure will allow it to keep an extra £4.4 mln in cash as it grapples with the impact from...

The Covid-19 pandemic has brought the German commercial real estate market’s 10-year cycle to an end, with broker Savills anticipating a significant slowdown after the country closed with the highest first-quarter transaction volume ever recorded. According to Savills, overall investment volumes totalled more than €18.4 bn between January and March...

Catella’s flagship European Residential (CER) Fund has acquired three innovative residential projects in Vienna, Austria; Vitoria, in northern Spain, and Hamburg, Germany, for approximately €147 mln. Together, the three transactions boost the total investment volume of the fund to €1.5 bn. In Vienna, CER has bought 250 new apartments from...

JLL’s office in Wuhan, China, has reopened after two months of being shut. The company said it came with a ‘sense of relief’ as people were keen to see and reconnect with their team members.'It was thrilling to walk into the office after everything we have been through. We’ve all...

French investor Amundi Real Estate has acquired a logistics platform let to online retailer Zalando in Lahr, south-west Germany, from the Goodman Group. Financial details were not disclosed but the transaction is believed to have gone through at a sub 4% yield. PropertyEU tipped the deal 10 days ago, as part...

While Covid-19 has forced consumers in southern Europe to shop online, new research from Capital Economics suggests that e-commerce penetration will remain lower in Italy and Spain for structural reasons, keeping prime retail rents in these markets at resilient levels long-term. Lockdown measures have forced rapid consumer shifts in southern...

We have renovated and updated the site to improve your experience, responding to the changing habits of users and the rapid growth of smart phones and tablets. Simply navigate, scroll, swipe and experience the comfort of reading content optimised for your screen. We have also improved the login procedure for...

Realterm has announced the closing of its Realterm Europe Logistics Fund (RELF) at its hard cap of €100 mln. The vehicle -  the ninth fund raised across the Realterm platform and the firm’s first value-added fund in Europe – raised the equity from a number of US based endowments and pension...

The Danish, German, Dutch, UK and Swedish governments are responding best to the Covid-19 crisis in terms of business support measures, while South Africa and Russia have done the least so far, according to a new report issued by Colliers International. Colliers’ Covid-19 European Real Estate Markets Government Response report...

Belgian student housing REIT Xior said on Friday that it has strengthened its liquidity by €100 mln through the issue of its first US green bond. The notes have maturities of 6 and 12 years, with coupons of 1.92% and 2.32% respectively, allowing Xior to significantly extend its average debt...