Berlin Hyp, the German commercial real estate lender and part of the LBBW Group, and UK real estate asset and investment manager Delancey, have refinanced HIG Realty's 20 Carlton House Terrace, an office development in London's St James's.
Located on avenue des Trois-Dauphins in Le Lavandou (83), Hôtel Les Roches is linked to the town's seaside history and the golden legend of the Côte d'Azur. Set between sea and sky, this five-star establishment, which today boasts 40 keys, was founded in the 1930s, at a time when the Mediterranean resort boomed. Over the decades, the hotel has evolved. It was first enlarged in the 1950s, then extended in the 1980s. The site's identity was built through juxtaposition, combining white rendering, blue shutters, cut-out volumes and, above all, a strong presence of local Bormes-les-Mimosas stone. Over time, the site has gradually drifted away from contemporary standards of comfort and sophistication. In 2009, a French family-owned hotel group acquired the property and entrusted its renovation to the PietriArchitectes agency.
After acquiring Square d'Orléans, Picture AM didn't press the pause button. Quite the contrary, in fact. Its founders, Anne Génot and Vincent Duraffour, tell us about their roadmap. Between deals, partnerships and vehicle creation. Interview.
June REIM, acting on behalf of its June Opportunity fund, has acquired a portfolio of two commercial properties on rue de l'Hermite in Bruges, near Bordeaux - the purchase agreement was signed on May 28.
LaSalle Investment Management, acting on behalf of Malaysian investor Permodalan Nasional and development manager M3 Consulting, has gone under offer to lease a first 120,000 square feet at its redevelopment of One Exchange Square in the City of London, CoStar News can reveal.
Greater Manchester Pension Fund, the largest local government pension scheme in the UK, has offloaded a multilet industrial estate to a US logistics group for above the asking price it set in May.
Moorfield Group has partnered with UK institutional investor Greater Manchester Pension Fund to develop, own and operate a build-to-rent scheme in Trafford, Greater Manchester.
The formation of a representative organisation for the real estate sector, Real Estate: UK, or RE:UK, has been backed via an overwhelming vote across all three member organisations.
Tech specialist retailer WYE has appointed Savills to advise on its UK expansion plans, seeking up to 400 sites over the next five years, specifically in shopping centres in key regional locations.
Placed in safeguard proceedings last year, Keller Williams France recently had its continuation plan approved by the Antibes Commercial Court. In a press release, the real estate network, which has been present in France since 2017, announces that this decision marks its official exit from these proceedings and "a new phase of development".
This summer, more precisely in July, LeadCrest Capital Partners, the investment fund dedicated exclusively to sale & leaseback and build-to-suit transactions in Europe, made its first investment in the French healthcare sector. It has acquired a portfolio of 13 Ehpads from a JV between emeis and a French family office.
Pierre Popesco, a renowned lawyer in the field of real estate and construction law, has set up his own firm: Popesco & Partners. This comes after having developed his practice with leading French and international law firms (Herbert Smith Freehills, CMS Francis Lefebvre Avocats, Bryan Cave Leighton Paisner).
Patrimmofi turns the page. After 18 acquisitions in four years with the support of Andera Partners, the national wealth management platform is opening a new chapter in its history, with the VYV Group, a mutual health and social protection player in France, becoming its reference shareholder.
Multidisciplinary development consultancy Pegasus Group has hired Naomi Williams as Development Consent Order director in its planning team as it looks to expand its operations to cover work of this type beyond the energy sector.