Newsline

Hines has expanded its Italian logistics portfolio through two investments totaling approximately 213,000 square meters (2.3 million square feet) on behalf of its Hines European Core Fund (HECF) and Hines European Real Estate Partners III (HEREP III).

Clarion Partners, a real estate investment manager with €64.1 billion ($71.92 billion) under management, has held the final close of its Clarion Europe Sale-Leaseback Fund III, having raised €552 million ($619 million) of equity.

Partners Group has launched a new residential investment strategy in France, targeting a portfolio of approximately 2,000 rental apartments with a gross asset value of €300 million ($346 million), according to multiple sources.

Fiera Real Estate UK Ltd., the European real estate arm of Fiera Capital Corp., and Packaged Living Ltd., a U.K. rental living platform, have reached £200 million ($270 million) of investment capacity for their new open-end single-family housing vehicle, FRESH, after a £70 million ($94 million) investment from Homes England’s National Housing Bank.

In the search for real estate’s new frontiers, could the country of Georgia be a candidate for future institutional cross-border capital? Georgia’s residential real estate market is ripe for investment, but the country’s surrounding geopolitical woes and restricted domestic banking sector are holding back much-needed supply.

A joint venture worth more than £230 million ($309 million) between Central European developer and investor Penta Real Estate and aparthotel operator Staycity Group has been established to fund the delivery of a new 350-room aparthotel in London’s Farringdon district.

Jonathan Rose Cos., a mission-driven real estate investment and development firm, has announced its plans to extend its affordable housing investment and impact expertise into the United Kingdom.

Tritax London Logistics Fund (TLLF) has raised £400 million ($532.9 million) in new equity, bringing its fund value to approximately £1.07 billion ($1.43 billion) as of the end of third quarter 2026, a 65 percent increase since Tritax became the fund’s manager in 2023.

TPG is reportedly in discussions to acquire U.K.-based Ark Data Centres from Elliott Investment Management in a transaction valued at approximately $5 billion, according to the Financial Times, citing people familiar with the matter.

Primary Health Properties (PHP) and Universities Superannuation Scheme (USS) have increased the target size of their existing joint venture to £400 million ($533 million) from £250 million ($333 million).

Pictet Alternative Advisors has completed Project Galileo, the acquisition of seven historic residential buildings in central Milan, in partnership with Kryalos SGR, which will manage the portfolio.

Greystar has entered Italy, its ninth European market, with the acquisition of a development site for a 400-bed student housing community in Bologna, Italy.

Alma Property Partners and Midstar have agreed to acquire five hotels in Denmark from Pandox through a joint venture for DKK 1.155 billion ($179 million).

The cost of constructing data centers in Europe continued to rise in 2026, with Zurich and the Nordic capitals among the world’s most expensive locations, according to Turner & Townsend’s “Data Centre Construction Index” report, now in its 10th edition.

AEW has acquired a 26,677-square-meter (287,149-square-foot) urban retail park in Granada, Spain.

Clarion Partners Europe, the real estate investment manager specializing in logistics and industrial assets across Europe, has announced that managing director Rory Buck will succeed CEO Alistair Calvert upon his retirement from the business in 2027.

European real estate investment reached €51.5 billion ($57.67 billion) in third quarter 2026, taking the year-to-date total to €171.9 billion ($192.48 billion), according to CBRE.

Epta Development Corp. and Maynards Group of Cos. have formed M&E Realty Partners, a real estate investment platform targeting value-added properties across the United States, Canada and the United Kingdom.

The share of cross-border investment in European offices has increased to 39 percent so far in 2026, up from 36 percent in 2025, according to Savills’ latest analysis of Real Capital Analytics data.

Ares Real Estate, a subsidiary of Ares Management Corp., has established a European logistics investment partnership with Norges Bank Investment Management (NBIM). NBIM has made an equity commitment of €1.5 billion ($1.68 billion).