Allianz has reportedly acquired an office building at Milan’s Via Solferino from US asset management giant Blackstone for a price of €200 million.
According to a news report by Italian paper Il Sole 24 Ore, the transaction took the form of a sale of the units in the Delphine fund managed by Kryalos and invested by Blackstone.
Pensioenfonds ING joined the ASR Dutch Farmland Fund on 1 January 2023. Pensioenfonds ING, alongside existing investors a.s.r, BPL Pensioen and DELA, will invest in this unlisted real estate fund of a.s.r. real estate for a total amount of € 100 million. The ASR Dutch Farmland Fund manages 36,000 hectares of Dutch farmland worth € 1.8 billion.
Madrid - Generali Real Estate has completed the acquisition of Portal del Angel, 40 building, a historical office and high-street asset in Barcelona, on behalf of the pan-European fund “Generali Core High Street Retail Fund” (GCHSR), managed by Generali Real Estate S.p.A Società di gestione del risparmio and reserved for professional investors. The seller of the asset is a subsidiary of the de Andres Puyol family, Medcap Real Estate.
Milan and Frankfurt - Generali Real Estate strengthens its presence in the Frankfurt real estate market, with the completion of the acquisitions of two important office and commercial assets, both on behalf of the pan-European fund “Generali Europe Income Holding” (GEIH), managed by Generali Real Estate S.p.A Società di gestione del risparmio and reserved for professional investors: the k26 building, in Frankfurt’s banking district, and the 10tral building, in the heart of the city center.
Oxford Properties Group (“Oxford”), a leading global real estate investor, asset manager and business builder, and Novaxia, a premier French urban developer, (“the Partnership”) has completed the acquisition of the Biocitech life sciences campus in Paris, France. The deal marks the first acquisition of the Partnership, announced in May this year, to invest approximately €1 billion to acquire and develop life sciences buildings across France.
Danish pension funds ATP and PensionDanmark are selling four retail properties housing the upmarket department store chain Magasin back to the retailer’s owners for an undisclosed sum.
The pension funds said in a joint statement that the properties on Kongens Nytorv in Copenhagen, in Lyngby, Aarhus and Odense, were now being sold back to the department store’s owners, after more than a decade in the hands of ATP Real Estate and PensionDanmark.
Real estate investor Altera Vastgoed NV has reached agreement with Van Wijnen Projectontwikkeling West BV on the acquisition of the library in the De Rede apartment complex in the centre of Uithoorn. The 30 new-build apartments above it were taken over by Altera, fully let, in May 2022.
The library space has been leased to the municipality of Uithoorn on a multi-year agreement.
Allianz Real Estate, acting on behalf of several Allianz Group companies, has completed the forward purchase of MultiBusinessHub Mittelrhein, a prime logistics center in Polch, Germany. The asset has been sold by Lang & Cie. Industrial AG, a German developer of high-quality logistics facilities.
The global asset management arm of insurer Aviva has added a 7,600 square meters office building in the Netherlands to its portfolio.
Aviva Investors said it has bought the Zuiderhof II building located in Amsterdam’s central business district, expanding its portfolio in the city.
The building provides office space spread over eight floors and an on-site restaurant facility.
Dutch pension fund manager PGGM and Olmar have acquired the first asset for a newly created European port infrastructure investment venture.
PGGM said it will hold a controlling interest in the new joint venture with the founders of logistic service provider Olmar holding the remaining interest.
For the maiden deal, the partnership has invested an undisclosed amount to buy a storage and transhipment facility of the seaport near the Finnish city of Pori.
