Issue 244 : January 27th 2015
Quantitative easing by the European Central Bank could have a substantial impact on property markets according to advisory firm Cushman & Wakefield.
European property could benefit from the measures said head of EMEA investment and strategy David Hutchings.
Gazit-Globe has entered into an agreement to acquire 52,069,622 ordinary shares of Atrium European Real Estate.
This represents approximately 13.87% of ATR’s issued share capital and voting rights at a price of €4.40 per share, for a total consideration of approximately €229 million in an off-market transaction.
Redevco has made two acquisitions over the past week as the company returns to the investment market after a major strategic reappraisal.
It has made an investment in a prime shopping destination in the centre of Paris as part of a long-term investment programme and in Hasselt, Belgium.