Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

Residential

Berlin residential institutional transaction market collapses

Inflation, rising construction costs and high interest rates dashed many a dream of home ownership in 2023. As a result, purchase prices have fallen, slightly in the case of condominiums and more sharply in the case of apartment buildings. Meanwhile, pressure on the rental housing market continues to increase. As a result, re...
Wednesday, 17. April 2024

Amro, IPIM and Heed secure planning consent for Valencia project

A partnership comprising Amro Partners, IP Investment Management ('IPIM') and Heed Capital ('Heed') has secured planning approval for Amro Valencia Puerto, Amro's second PBSA asset in the city and IPIM & Heed's maiden investment in Valencia. Planning consent was secured within a 12-month timeframe, a local record, with constr...
Wednesday, 17. April 2024

Henry Boot offloads Cambridgeshire land to Barratt

Hallam Land Management (HLM’) has unconditionally exchanged contracts for the sale of 494 residential plots in Chatteris, North Cambridgeshire, to the David Wilson Homes division of Barratt Developments. The sale will complete in July 2024, with the transaction resulting in an ungeared internal rate of return of 15% p.a.
Tuesday, 16. April 2024

Accentro devalues portfolio „extraordinarily“

The general market situation continues to affect Accentro: the company has to devalue its portfolio extraordinarily significantly. The devaluation requirement is in the order of €50 to 60 million and also causes problems for two bonds. This was announced by the company on Friday.
Monday, 15. April 2024

John Mattson sells Stockholm property to SEFAB

John Mattson has signed an agreement for the sale of the Fulufjället 1 property in Alvik in Stockholm. The price is based on an underlying property value of SEK 93 million before deduction for latent tax. The buyer is SEFAB Stockholms enskilda fastighetsägare AB. Fulufjället 1 comprises 27 apartments with a total lettable are...
Thursday, 11. April 2024

Institutional investors in residential property projects become increasingly selective

Institutional investors are becoming increasingly selective about regions when choosing residential property projects to support with London, the South East, South West and West Midlands seen as key areas to invest in, new research by responsible investment manager Downing LLP shows.
Wednesday, 10. April 2024

Henley and Chartway agree deal to deliver 162 homes at Ebbsfleet Garden City

Henley Investment Management, in partnership with award-winning South-East development and partnership firm Chartway Partnerships Group, have secured two forward funding agreements to deliver 162 homes in Alkerden Village, Whitecliffe, Ebbsfleet, including a mix of purpose-built rental properties and affordable housing.
Monday, 8. April 2024

RE Capital sells majority stake of Algarve development

RE Capital and its investment partner Real Estate Investement Group (REIG) sell a majority stake in their Villas Lobo project to an experienced local private equity fim. JLL Development Capital Markets team acted on behalf of RE Capital under an exclusive mandate.
Friday, 5. April 2024

Vonovia issues 850 million social bond

Vonovia SE issued an unsecured social bond with a term of 10 years on April 3, which is in compliance with the company's Sustainable Finance Framework defined in February 2022. The bond with a total volume of € 850 million and a coupon of 4.25% was 4.8 times oversubscribed.
Thursday, 4. April 2024