Lo-Goi Group, the industrial specialist set up by Logos co-founder Trent Iliffe, has formed a joint venture with French development and construction firm Groupe IDEC to launch a €400 million ($464 million) private fund targeting industrial projects in France, along… Read More>>
Singapore’s Parkway Life REIT Buying 11 French Nursing Homes for $120M
Parkway Life REIT has agreed to acquire 11 nursing homes in France for €111.2 million ($120.4 million), marking the Singapore-listed trust’s maiden investment in Europe.
Healthcare-focused PLife REIT is buying the properties from operator DomusVi Group and will lease them… Read More>>
Temasek-Backed Tikehau Buys French Retail Assets for $215M, Finalises Nikko Tie-Up
Tikehau Capital, the Paris-based alternatives investment manager backed by Singaporean state-owned investor Temasek Holdings, has agreed to buy a portfolio of 30 French hypermarket and supermarket properties from troubled grocery store operator Groupe Casino for over €200 million ($215 million).
Singapore’s CDL Completes $261M Purchase of Paris Hotel From Blackstone
City Developments Ltd has completed its acquisition of a Paris hotel from funds managed by Blackstone for €240 million ($260.9 million), giving the Singaporean property giant a centrally located lodging asset just in time for the Olympic Games this summer.
Angelo Gordon-EQ JV Sells Paris Hotel to Korea’s Sono International for $130M
Springtime in Paris may be a few weeks away, but hospitality deals continue to bloom as South Korea’s Sono International has become the latest Asian investor to acquire a hotel in the City of Light with a €120 million ($130.2… Read More>>
Singapore’s CDL Buying Paris Hotel From Blackstone for $264M
Blackstone has turned to an old friend from Singapore to sell a Paris hotel which it had held for more than a decade, with City Developments Ltd having agreed to buy the Hilton Paris Opéra from Blackstone Real Estate Partners… Read More>>
Korea’s National Pension Service to Exit Paris Shopping Centre for Reported $219M
South Korea’s National Pension Service has agreed to sell its stake in the O’Parinor shopping centre in Paris to Sofidy, a real estate investment unit of Temasek-backed Tikehau Capital at 33 percent discount to the asking price in a marketing… Read More>>
Singapore’s IREIT Buying 17 French Retail Properties for $82M
Singapore-listed IREIT Global has agreed to acquire a portfolio of 17 retail properties across France for €76.8 million ($82 million), as the Europe-focused trust continues to diversify its holdings beyond the office sector.
Classified as out-of-town retail parks, the freehold… Read More>>
Ascott-Qatari Fund to Acquire Paris, Hanoi Residential Projects for $156M
Singapore’s The Ascott Ltd has agreed to buy a Paris co-living property and a Hanoi serviced apartment project on behalf of the firm’s private equity fund with the Qatar Investment Authority for S$210 million ($156 million).
The acquisition of the… Read More>>
Ascendas REIT Buying 11 European Data Centres From Digital Realty for $671M
Singapore’s Ascendas REIT is stepping up its server-hosting portfolio in a big way with the acquisition of 11 data centres across the UK and continental Europe.
The SGX-listed trust has agreed to acquire the 11-asset portfolio from subsidiaries of US-based… Read More>>