All International articles – Page 7
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News
IMMO Capital goes on poaching spree for European expansion
IMMO Capital, a proptech platform for the single-family rental sector, has poached eight new hires across the industry as it prepares to expand across Europe, Property Week can reveal.
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News
WeWork posts more losses in first results since IPO
WeWork has reported a further loss of $3.83bn (£2.85bn) for the nine months to 30 September 2021, in its first results since going public last month.
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Major real estate agencies pledge to attend Mipim 2022
Several big-name real estate agencies have thrown their weight behind Mipim 2022 by signing up to attend the international event after attendance at this year’s event was sharply down on 2019 figures due to the pandemic.
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Oxford Properties secures flagship letting at Berlin’s Sony Center
Oxford Properties has let its flagship restaurant and events space, the Kaisersaal at the Sony Center in Berlin, to international restaurant and events group Rhubarb Hospitality Company (RHC).
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News
Round Hill Capital and CPP Investments launch €1bn+ European PBSA JV
Real estate investor Round Hill Capital and the Canada Pension Plan Investment Board (CPP Investments) have announced a joint venture to invest in over €1bn (£850m) of European PBSA assets.
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CPP Investments appoints first chief sustainability officer
Canada Pension Plan (CPP) Investments has appointed Deborah Orida as the organisation’s first chief sustainability officer (CSO).
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News
Evergrande avoids default for second time
China Evergrande Group has avoided default for the second time this week, according to multiple reports.
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Nordic real estate giant NREP makes carbon neutrality pledge
Nordic real estate company NREP has committed to being carbon neutral by 2028 “without offsets”.
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News
Evergrande likely to avoid default, Chinese state media reports
China Evergrande Group is likely to avoid default thanks to an interest payment it has made on a dollar bond, according to a Chinese state-owned media outlet.
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WeWork shares jump 13% on first day of trading
Shares in WeWork have jumped 13% following its first day of trading on the New York Stock Exchange, more than two years after its previous attempted IPO failed.
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News
UK industrial sector on track for a record year of investment
The UK industrial and logistics sector is on track to post its strongest-ever year of investment activity, according to exclusive real estate investment data from JLL.
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Insight
It’s business as usual in Germany
In a Financial Times opinion piece earlier this month headlined ‘Why Germany is the West’s sanest country’, columnist Gideon Rachman wrote: “The recent German election and its aftermath underline the point; it was a close contest, but the losers accepted the results gracefully. No one tried to claim that the ...
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Avignon and Valon to build German portfolio
The partnership aims to build a €500m portfolio of industrial, logistics and office assets.
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News
UK PBSA operators warned of reliance on international students
The UK PBSA sector has been warned not to be over reliant on international students taking rooms following a drop in visas issued to Chinese students and fewer EU students, Property Week can reveal.
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Online
Blackstone’s European real estate strategy for individual investors raises €250m
Blackstone’s European Property Income strategy, which allows eligible individual investors access to income-producing European real estate, has raised approximately €250m of capital in its first close.
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News
Common says ‘at least half’ of UK expansion will be in London
US co-living operator Common has said that “at least half” of its expansion into the UK market will be focused on London.
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Insight
Letter from New York
No sector of the New York City real estate economy has been so badly mauled by the pandemic as hotels.
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News
Foreign investment in UK to surge next year
Knight Frank’s Brookes says inward investment will double due to pent-up demand.
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Insight
Whitbread MD discusses Premier Inn’s post-pandemic growth plan
Whitbread property and international MD Mark Anderson talks to Property Week about Premier Inn’s ambitious post-pandemic growth plans in the UK, Ireland and Germany.
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News
Evergrande liquidity crisis sparks fears of global consequences
The world is watching to see whether the growing crisis will become China’s ‘Lehman Brothers moment’.