Thursday, May 13, 2021

Ind. & Logistics

Logistics Investments Reach €164 Million in 1Q21 Due to Land Purchases

According to the report by Colliers, 60% of the transactions were related to land.
Richard D K Turner -

Merlin Initiates Its First Turnkey Project at Cabanillas Park II for Logista

Logista will eventually occupy the logistics warehouse, comprising a surface area of more than 47,000 m2, with the option to add a further 47,000 m2 within a year.
Richard D K Turner -

JP Morgan Buys European Logistics Portfolio from Mountpark for $540 Million

Mountpark’s 371,612-square-metre portfolio of real estate in the UK, France and England was sold for €540 million.
Richard D K Turner -

GLP Acquires 24,500M2 of Logistics Land in Barcelona

The firm will build a logistics warehouse with a storage capacity of 13,900 square metres on the plot.
Richard D K Turner -
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Companies

Hotelbeds Receives a €430M Injection from 3 Funds to Head Off the Risk of Bankruptcy

Cinven, EQT and Canada Pension Plan Investment (CPPI) have decided to contribute €430 million to the Spanish company, which they acquired in 2016.
Carmel Drake -
Actualidad

Brainsre.news: What Happened in April 2020?

The impact of coronavirus defined the real estate market in April, although operations were actually closed in the commercial and logistics markets and new projects were announced in Madrid and Málaga.
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Companies

Santander Explores How to Securitise NPLs Through Deva Capital

The entity has created the company Deva Capital as a vehicle to explore the purchase of damaged assets from financial institutions around the world, according to various financial sources consulted by the newspaper Expansión. Investment banking sources stress that Santander's subsidiary in Brazil already acquires these types of assets from the banks through its real estate servicer.
Carmel Drake -
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