Industry News

M&G’s EUR5 billion European Property Fund (the Fund) managed by David Jackson and Simon Ellis has won record inflows of EUR524 million between January and March this year – the largest amount raised in a single quarter in the Fund’s 15-year history. The capital comes from three new and four existing clients in Europe and Asia. A combination of the Fund’s international investor base, long term performance and the track record of its management team all contributed to the Fund’s...

Axel Durand-Smet has joined the partnership capital team as an associate director in Paris, where he will be working on the structuring and origination of deals in the European markets. Durand-Smet joins ICG from Kildare Partners where he was a VP in the investment team and he has a wealth of experience in the European and Nordics markets having worked previously for Sedco Capital, Colony Northstar and Heitman in their respective London offices. Source: realassets.ipe.com on the 14th of April...

Barbara Maltha joins firm as Principal, to lead Netherlands office Partner Matt Hershey relocates to Amsterdam to build out European operations Hodes Weill & Associates (Hodes Weill), a global capital advisory firm specializing in the real estate and real assets funds management industry, today announced that it has expanded its European operations to focus on the growth of institutional capital allocations in the region. Hodes Weill has hired Barbara Maltha as Principal from CBRE Capital Advisors, where she covered the...

Europa Capital, the pan-European real estate investment manager, announces that it has appointed Simon Mitchell to the newly created role of Construction Project Manager to further strengthen its development capabilities whilst enhancing best practice construction processes. Simon will be responsible for the oversight of construction activities across Europa Capital’s pan-European value add fund series and core fund, the Europa Diversified Income Fund (“EDIF”), ensuring projects are in line with the business’ sustainable development & ESG strategy. Working closely with the...

In the context of the continued international expansion of its activities, Primonial REIM today announced the opening of its London office and the hire of Sandra Burrows as Head of Primonial REIM UK. As part of its ongoing development strategy to widen its coverage of international markets, Primonial REIM has opened a new office in London. Having already set up an office in Singapore, at the end of 2021, Primonial REIM is now physically present in London, another major global...

In his new role as Head of Global Markets, Jens will lead NREP’s approach to growing and building new markets and business lines. Leading Nordic real estate investor NREP announces the appointment of Jens Stender to the business as Partner and member of the Executive Management Team. As Head of Global Markets, Jens will play a pivotal role in leading NREP’s growth ambitions, on both a geographical and strategic level, as it looks to enter new markets and product lines...

PATRIZIA AG, a leading partner for global real assets, has secured planning permission from London’s Camden Council to convert the iconic hClub building into a state-of-the-art office in the heart of Covent Garden on Endell Street. The plans will see PATRIZIA transform the former members’ club into c. 35,000 square feet of Grade A office space that will serve as the company’s UK HQ. The office will initially host up to 200 of PATRIZIA’s London-based employees, including its new PATRIZIA...

Capital Bay is striving for further growth and for this purpose founded a corporation under Luxembourg law on January 1, 2022, Capital Bay Group SA. With this step, the owner-managed, internationally active investment, asset, property and facility manager and project developer for all types of use, which is integrated at all stages of the value chain, is ready for the capital market and organizes the three companies Capital Bay Fund Management SARL under the Capital Bay Group SA , Capital...

La Française Real Estate Managers (REM), acting on behalf of PFA, a Danish pension fund, has signed a forward purchase agreement for its first senior housing unit in Bruges, Belgium, at 457 Baron Ruzettelaan. This investment is part of a separate account mandate granted by PFA to La Française Real Estate Managers. The acquisition covers the development of a senior housing unit of approximately 5,000 square metres, spread over 4 floors (ground floor + 3) and includes many terraces. The...