Industry News

DWS has appointed Richard Marshall as head of infrastructure research, effective immediately. Marshall joins from Fitch Solutions where he worked as head of infrastructure and power research since 2017. Prior to that role, he worked as a senior infrastructure analyst at BMI Research, a Fitch Group company, from 2013, totalling almost a decade of experience within infrastructure research. In his new role, Marshall will work closely with the firm's infrastructure private equity and debt teams, as well as the broader...

Northern Europe real assets manager Niam has acquired Brunswick Real Estate’s debt arm, a business which manages €2.5 billion of assets. Niam has invested an undisclosed amount to buy Brunswick Real Estate Capital and will rename it as Niam Credit, led by CEO Pontus Sundin. Brunswick Real Estate Capital, established in 2013, provide alternative credit solutions for the commercial real estate sector in the Nordics. The company has three credit funds with a combined asset under management in excess of...

Legal & General’s affordable homes business has partnered with UK housing association MTVH to deliver over 2,500 shared ownership and affordable rent homes. Legal & General Affordable Homes (LGAH) and MTVH’s shared ownership brand So Resi, have created a 50:50 partnership to deliver the assets over the next seven years. Around 2,000 of the 2,500 homes will be shared ownership with the remainder for affordable rent. The joint venture expects to help many more households in London and the South-East...

An affiliate of Lone Star Value-Add Fund II has inked a deal with the Bervoets family to buy the company Hotel Métropole, whose main asset is the Métropole Hotel in Brussels. Financial details were not disclosed. Lone Star said it would partner with Centaurus Hospitality Management to launch a major renovation of the historic 250-room hotel, with a view to reopen it in the fourth quarter of 2025. 'The acquisition of the Métropole, the capital’s historic hotel, by Lone Star...

Real Estate has acquired the Milestone 5c office development in the centre of Freiburg from the project's developer, Strabag Real Estate. The property is a six-storey office building with an additional recessed storey and a single-level underground car park to be constructed on Heinrich-vonStephan-Strasse in direct proximity to the central railway station of Freiburg. The scheme, with a gross lettable area of 7,711 square meteres, is scheduled to be completed by the second quarter of 2023. The basement will include...