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Economy & Financial

Investec provides Hines with financing for West Midlands industrial portfolio

Investec Real Estate has provided Hines’ European Value Fund 2 (HEVF2) with financing to complete the acquisition of four multi-let industrial estates in the West Midlands. Acquired from LondonMetric Property, the portfolio comprises 47 units, which are a mix of light industrial, trade and mid-box warehouses, totalling 434,00...
Thursday, 25. April 2024

Commerz Real appoints new head of Green Deal Infrastructure

Effective May 1, 2024, Michael Henn will assume the position of Global Head of Green Deal Infrastructure at Commerz Real AG. Henn will be responsible for the transaction and acquisition business, project developments and asset management in the field of renewable energies and infrastructure investments.
Wednesday, 24. April 2024

Scottish National Investment Bank invests £20m to ease housing crisis

The Scottish National Investment Bank has committed a further £20 million to the Mid-Market Rent („MMR“) strategy managed by Thriving Investments, the social value and ESG-focused real estate fund manager. The Bank's follow-on investment will support the development of up to 100 new homes and takes its total investment in the...
Tuesday, 23. April 2024

Hamborner REIT starts 2024 with further growth

Building on its positive business performance in the previous year, Hamborner REIT AG recorded further growth in revenue and earnings in the first quarter of 2024.
Tuesday, 23. April 2024

CTP appoints Alexander Hund as new managing director for Germany

CTP has appointed Alexander Hund as Managing Director of CTP Germany. He will head up the company's rapidly growing business in the country. CTP will invest €1 billion in Germany over the next few years. He will lead the management team together with CFO Alen Stosic, and Timo Hielscher, Managing Director for Germany responsib...
Tuesday, 23. April 2024

Münchener Hypothekenbank increases profits

Münchener Hypothekenbank achieved a good result in the 2023 financial year despite the tense market situation. Net profit for the year rose to € 102.1 million (2022: € 68.3 million), while net interest income increased to € 518.5 million (2022: € 442.5 million).
Monday, 22. April 2024

Greg Minson joins ICG Real Estate as Global Head of Asset Management

ICG today announced the appointment of Greg Minson as Global Head of Asset Management within its Real Estate business. He has over 25 years of experience at Goldman across multiple divisions, regions and leadership positions, having joined as an Analyst in 1998.
Monday, 22. April 2024

Jean-Luc Néez joins Primonial REIM as CFO

Primonial REIM Holding is strengthening its governance and announces today the arrival of Jean-Luc Néez as the Group's Chief Financial Officer and Deputy Managing Director.
Friday, 19. April 2024

Cushman & Wakefield Confirms Tina Reuter As Head of Germany

Cushman & Wakefield has confirmed Tina Reuter as its Head of Germany. She has held the position on an interim basis since December 2023 and succeeds Yvo Postleb who has decided to leave the business to continue his career outside Cushman & Wakefield.
Friday, 19. April 2024

Emilia Dębowska promoted within Panattoni

Panattoni takes an active approach to the increasing demands of sustainable construction and ESG regulations. Emilia Dębowska has been promoted to the position of Head of Sustainability Europe. In her new role, she will be responsible for Panattoni's integrated sustainable development strategy, encompassing both the company's...
Friday, 19. April 2024

Altaal and Nordic Credit Partners form investment company

Altaal and Nordic Credit Partners are joining forces to establish a Nordic investment company focused on alternative assets. Together, the group manages six billion Swedish kronor across real estate, infrastructure, and credits, distributed over six investment strategies, with a team of about 20 employees across offices in St...
Friday, 19. April 2024