Southern Europe

Principal Asset Management has acquired a logistics asset in Seville, Spain, in a sale-and-leaseback transaction for LOG IN, the European logistics and industrial fund managed by Theoreim.

Sonae Sierra and the Hahn Group have launched the Hahn Sierra Food Retail Fund as part of a cooperation agreement. The open-ended special AIF in accordance with the German Investment Code (KAGB) has a target volume of around €600 million and invests in southern European food markets in Portugal, Spain and Italy. In the first ...

MAPFRE Inmuebles has completed the acquisition of the Ombú Building, a landmark property located in Méndez Álvaro, one of the city’s most promising areas. This purchase reinforces the company’s commitment to investing in sustainable, strategically located offices.

Scalo Milano Outlet & More, with over 180 brands and 44,000 sqm of space, is now part of VIA Outlets’ pan-European network. The Milan-based centre welcomed over 4 million guests in 2025 and was acquired through the purchase of Locate District S.p.A. The transaction brings VIA Outlets’ total footprint to 325,000 sqm across ten...

Madrid-based Neinor Homes has completed a landmark year, delivering nearly 2,900 units and solidifying its role as Spain’s top residential platform. With the acquisition of a majority stake in Aedas Homes for over €1.8 billion, Neinor has rapidly expanded its portfolio to more than 43,000 units. This move marks a turning poin...

On behalf of the real estate fund Due Fondo Portafoglio, Kryalos SGR has completed the sale of a historic 6,300 sqm real estate complex in central Rome, located between Via del Tritone and Via dei Due Macelli. The property includes three 19th-century buildings and was repositioned through a targeted asset management and fract...

The five-star Jumeirah Port Sóller hotel in Mallorca is being sold in its entirety to Dubai Holding. Deka Immobilien has sold the luxury hotel above Port de Sóller to its previous operator. The parties have agreed not to disclose the purchase price of the property, which was last valued at around €61 million.

Orion Capital Managers, through its sponsored fund Orion European Real Estate Fund VI, has signed the fund’s first investment by entering into a framework agreement with International Hotel Investments Plc (“IHI”), owner of the Corinthia Hotels Group portfolio and brand, to acquire and own 72% of the five-star 517 key Corinth...

In a significant transaction within the Spanish resort hotel market, Cerberus Capital Management has sold three Caprice hotels in Mallorca to the Spanish owner-operator Hoteles Globales. The private equity firm acquired the former Ferrer Hotels on behalf of a fund three years ago.

Real estate investment in Spain exceeded €18.4bn in 2025, representing a 31% increase compared to 2024 and the highest volume recorded since 2018 (€20.383bn), according to CBRE. By sector, Living, Hotels, and Retail concentrated 68% of the total investment. A robust year-end performance allowed the market to outperform the in...

Following the opening of the first Mandarin Oriental hotel in Austria, the luxury brand's first property in Mallorca is set to open just a few weeks later. The luxury hotel group is expanding into Spain, with its first property on the island set to open in spring 2026. Located in Calvià, near Puerto Portals, the resort will ...

Kryalos SGR has added three fully let logistics assets in Rho, Secugnago and Parma to a fund linked to Blackstone. Strategically located near major highways, the properties offer 137 loading bays and over 53,000 sqm of modern space to meet rising demand in key Northern Italian logistics hubs.

Australian pension fund Aware Super has acquired a 31.3% stake in a €2.6 billion European outlet mall platform from Allianz accounts managed by PIMCO. The platform includes four centres across three countries, totalling 163,523 sqm and 24.6 million annual visits. The investment reflects a strategic diversification into defens...

Aviva Investors is expanding its build-to-rent footprint in Spain with a new residential scheme in Paterna, Valencia, managed by Propia—the REOC it co-founded with developer Layetana Living. The 11-storey building will deliver 120 energy-efficient apartments and includes extensive amenities for residents. The move marks Aviva...

Chancerygate is entering the Spanish market with a new logistics project in Valencia, backed by a €14.2 million loan from Fiera Real Estate Debt Strategies. The nine-unit development on a 7.5-acre site is the developer’s first in Spain and will be delivered to Grade A standards with strong ESG credentials.

EQT Real Estate continues its European growth with the acquisition of four modern logistics assets in Northern Italy. Located in Milan, Bologna and Verona, the fully-let portfolio totals more than 107,000 sqm and strengthens EQT’s presence in one of Europe’s most supply-constrained logistics markets.

On behalf of the M&G European Property Fund, M&G has acquired a BTR project in Madrid and a new living asset in Barcelona for €239 million. The schemes will deliver nearly 1,000 units, including regulated rentals in Valdebebas and flexible accommodation in one of Europe’s top student cities. Both projects meet high ESG standa...

Valesco has completed its first Italian investment with the acquisition of Casa Moncler, the luxury brand’s new €200 million global HQ in Milan. The deal is supported by an €80 million green loan from BNP Paribas – agreed at a record low margin for the market.