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Parking Industry

AIF Capital buys underground car park in Barcelona

AIF Capital Group has acquired the Princesa underground car park in a central downtown location in Barcelona. After the purchase in June this year, this already is the second acquired property in the Catalan metropolis. The purchase was made for the open-ended special alternative investment fund (AIF) Parking Fund Europa, whi...
Monday, 12. September 2022

Crossroads, HIG and Apcoa buy BKS parking portfolio

At the end of 2021, Crossroads Real Estate (Crossroads), Holland Immo Group (HIG) and Apcoa Parking signed the purchase agreement for the acquisition of the real estate and the operation of the parking garages in Scheveningen and Vlaardingen from the owners and founders of BKS Parking.
Thursday, 3. March 2022

LXi REIT completes nine acquisitions

The Board of LXi REIT plc announces nine acquisitions, funded by its recent £250 million equity capital raise. The acquisitions, which have been transacted predominantly on an off-market basis with seven different vendors/developers, total £87 million and reflect an accretive 5.1% net initial yield (net of purchase costs), ve...
Tuesday, 15. February 2022