Built Environment Networking Blog: International News

AustralianSuper invests into Oxford Properties’ £700m portfolio and manager M7 Real Estate

AustralianSuper, Australia’s largest superannuation fund, and Oxford Properties Group (“Oxford”), a leading global real estate investor, developer and manager, today announce a new strategic partnership that aims to build a significant industrial and logistics venture across Europe, which will be managed by M7 Real Estate. AustralianSuper has acquired a 50% stake in Oxford’s c. €840 […]

Posted by: Deividas Krupstas

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Bain Capital closes global fund with over £7bn in investable capital

Bain Capital has announced it has completed fundraising for its latest Global Special Situations Fund, bringing the total amount raised for its second vintage of funds to circa £7.1 billion. This capital base includes Global Special Situations Fund II, which received £4.5 billion in total commitments, inclusive of co-investments and separately managed accounts, and £2.6 […]

Posted by: Deividas Krupstas

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First Proptech Hub in UK History

UK PropTech Association (UKPA) to Host the UK’s First Dedicated PropTech Hub at the UK’s Real Estate Investment and Infrastructure Forum (UKREiiF) in 2024.  This pioneering initiative marks a significant milestone in the integration of property and technology sectors, and comes after the recent merger with the UKPA and British Property Federation (BPF) Nathan Spencer, […]

Posted by: David Gilbank

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Greykite acquires UK and European logistics portfolio in £290m deal

Greykite European Real Estate Fund (the “Fund”) has acquired a large, geographically diversified 13 asset logistics portfolio, totalling 400,000 square meters, for €350 million, which commences the Fund’s European logistics strategy. The assets are strategically located in dominant, well-connected logistics hubs, mainly across Germany, France, and the UK. The portfolio is 98% occupied, has significant […]

Posted by: Deividas Krupstas

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Grimshaw’s mangrove-inspired design secures major Chinese deal

A consortium led by Grimshaw Architects saw off some of biggest internationally-renowned design names to be chosen to develop a transport hub in southern Chinese city Shenzhen. The London-based firm’s plans, which were inspired by mangrove trees, were chosen ahead of those from the likes of Zaha Hadid and Foster and Partners. In total six […]

Posted by: Mark Flanagan

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MARK Capital Management secures £550m in equity commitments for Crossbay II

MARK Capital Management, a pan-European real estate investment manager, has achieved a final close for the latest vehicle in its urban logistics fund series, Crossbay. Crossbay II has secured €660m in total fund commitments, representing a 20% increase in fund size compared to the predecessor vehicle. Including debt financing, Crossbay II has a total investment […]

Posted by: Deividas Krupstas

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OakNorth provides £77m loan to Staycity Group as aparthotel business looks to triple in size by 2029

OakNorth, the digital bank for entrepreneurs, has completed a £77m loan to Staycity Group, the Irish-owned, pan-European aparthotel business which is looking to triple in size over the next five years. Staycity, founded in Dublin in 2004, has two aparthotel brands – Staycity Aparthotels and the lifestyle brand Wilde. The group currently operates 6,000 keys across 36 aparthotels in […]

Posted by: Deividas Krupstas

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AXA’s modern office/homes investment fund attracts another €800m

AXA IM’s alternative investments fund, which targets the development of modern office and residential assets in European big-city locations, has attracted a further €800m from investors during its first closing period. The French asset management giant’s ‘Alts’ fund has grown rapidly during its 20-year development and the latest round of capital investment fundraising, which is […]

Posted by: Mark Flanagan

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New man at the helm for Knight Frank

Global property consultancy Knight Frank today (April 7) announced it will have a new chairman and senior partner next year. William Beardmore-Gray will be stepping up from Head of the London Commercial and Global Occupier businesses to replace Alistair Elliott. The move will come into effect on April 1st, 2022 following an election in December. […]

Posted by: Mark Flanagan

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Canadian pension fund refocuses on sustainable energy investments

The powerful company managing the pension contributions of 20 million Canadians is intensifying its drive for sustainable energy opportunities by creating a new fund dedicated to that sector. The Canada Pension Plan Investment Board (CPP Investments) has almost $500bn of funds under management and last night announced it had formed the Sustainable Energy Group (SEG) […]

Posted by: Mark Flanagan

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