In a press release, Allianz Immovalor announced that it had acquired the Dynamic courier portfolio from real estate companies advised by Roche Dubar for around €15 million (HD), at the end of a 13-year holding period.
The financing gap has narrowed by 18% to €74 billion over the 2026-2028 period, compared with the €90 billion estimated for the 2024-2026 period, according to AEW's new study of the European commercial real estate debt market.
A battery maker is relocating its headquarters from New Jersey to Pittsburgh, investing $352.9 million to make the move and to lease a new facility to expand its manufacturing operation in the Keystone State.
Amazon opened its first distribution center of its kind, a project featuring sustainable design that's expected to serve as a testing ground for the e-commerce giant's global building network.
Novavax, a developer of a COVID-19 vaccine, said it signed a deal to downsize its presence in the Washington, D.C., suburbs to focus on research and development efforts in a more cost-effective manner after a major investor slammed the company for underperformance and suggested it put itself up for sale.
The Raleigh, one of Miami Beach’s most famous hotels, was sold by New York’s Michael Shvo after the developer spent years and millions of dollars attempting to restore the art deco icon.
Covivio has announced its financial results for the 3rd quarter. In this context, the group headed by Christophe Kullmann confirmed its 2025 outlook: recurring net income (adjusted EPRA Earnings) of around €515 million, representing an increase of around +8% on 2024 and +4% per share.
Hilton kicked off what promises to be a rocky earnings season for hotel companies by touting strong profitability growth amid a weak environment for travel demand and hotel revenue.
The theme of the 6th edition of BIG UP, held on October 14 at Comet Bourse (Paris2e), was: "Et si opérer ses actifs devenait incontournable". Over the course of an entire morning, speakers discussed the issue of operated real estate, a sector where value is measured not just in square meters, but in impact, flexibility and recurring income.
Outbound Hotels began with the intent to provide its guests with access to the great outdoors — while also elevating their trips with the experience and amenities of modern hospitality.
SCPI Wemo One, managed by Wemo REIM, aims to reach €75 million in assets under management by the end of 2025. To this end, it has signed two new acquisitions, bringing its total assets under management to 50 M€.
Graftongate and JP Morgan Asset Management have started construction at Reading Logistics Park, an 160,000-square-foot last-mile logistics scheme with a first 37,000-square-foot prelet secured with an undisclosed tenant understood to be electric vehicle giant Tesla.
It has been a busy few weeks for Oxford's real estate markets, not least thanks to an £890 million investment by the Larry Ellison Institute aimed at extending Oxford Science Park, a site acquisition for a £4.5 billion labs, offices and homes development by the Crown Estate, and the launch of the £1.2 billion Oxford North science and technology development. Martin's Properties hosted a breakfast at Bidwells' offices in the city with leading real estate investors and advisers to discuss the emerging challenges and opportunities.
