The commercial real estate industry will continue to grow next year across most property types and markets, according to Deloitte. The company has prepared a report outlining its 2015 outlook where it states that access to capital will be another... Read More
Maryland based real estate investment trust Sabra Health Care, has acquired a portfolio of 21 independent living facilities from Holiday Acquisition Holdings. The REIT paid $550 million in cash for the portfolio, which is made up of 2,850 units. It... Read More
Europe had been slow to get on board with real estate investment trusts (REITs), but that has changed with a record surge in fundraising which has provided a lift to the commercial property market. In the first eight months of 2014, 10 REITs in Spain,... Read More
Hibernia REIT’s chief executive Kevin Nowlan confirmed at the company’s general meeting that the firm has begun discussions with domestic and international lenders about obtaining funding for Irish commercial property. Since €372m in equity has... Read More
An acquisition hungry investment company has continued its acquisition spree by buying nine retail units for £17.4m — bringing its property spending since its March launch to almost £130m. Within days of opening its books Leicestershire-based... Read More
CBRE has been retained by CommonWealth REIT to provide property management services for the trust’s 42.9 million sq ft portfolio, which consists primarily of office buildings located throughout the United States. As part of its business plan,... Read More
Ireland’s newly-formed Hibernia REIT has made its first investment by acquiring a €67m portfolio of property loans from Ulster Bank. The asset collection, which is held by RBS Capital Resolution, includes a mix of commercial and residential properties... Read More
Two Spanish property funds have launched a €900m fundraising drive — the biggest the country has ever seen — as more and more distressed real estate comes to the market. Six years into a property market slump, buyers are snapping up an... Read More
Green REIT — Ireland’s first real estate investment trust — has posted pre-tax profits of €121,000 just days away from clinching a €310m deal to buy a commercial complex in south Dublin. Established in June last year with a €301m London... Read More
The Dutch economy — which has gone through three recessions since the 2007 start of the financial crisis — is finally growing again. Boosted by rising property prices and consumer confidence, all the signs are there for a lasting recovery said Dutch... Read More