Newsline

MAPFRE, an insurance company in Spain, and Manova Partners, an international independent real estate investment company based in Munich, have acquired the grade A office property One Haddington Buildings in Dublin for their Stable Income European Real Estate Fund 2 (SIEREF 2).

Realy Bostad, the Swedish residential real estate platform backed by London-based pan-European investor Matter Real Estate, has agreed to acquire the development rights for approximately 185 rental apartments in the Haga district of Mölnlycke, in Härryda municipality.

JLL Hotels & Hospitality Group and Ecclesia Asset Management, a Singapore-based private equity real estate firm, announced they have jointly advised on the sale of a 16-hotel portfolio in Kyoto to an undisclosed institutional investor.

Preservation Equity Fund Advisors (PEF Advisors), a real estate private equity group focused on preserving existing affordable housing in high-cost markets, announced the recent acquisition of Belmont Villas, a 164-unit apartment community located in West Babylon, N.Y.

Walker & Dunlop announced that it originated $1.719 billion in loan proceeds to refinance 12,955 units of predominantly workforce and affordable housing in 52 assets across 10 states for Starwood Capital.

KingSett Capital, on behalf of KingSett Real Estate Growth LP No. 8 and other investors, and Choice Properties REIT announced that they have agreed to acquire First Capital REIT in a unit and cash transaction valued at approximately C$9.4 billion ($6.9 billion, including the assumption of certain debt.

Nuveen Real Estate’s European Cities strategy has completed three acquisitions across Spain and France, marking a significant step in its diversification objectives, underpinned by the structural megatrends shaping European real estate.

Chesterford Research Park, owned by Aviva Investors, the global asset management business of Aviva plc, in partnership with Uttlesford District Council, has reached practical completion of the construction of more than 56,000 square feet of additional facilities for life science companies.

a&o Hostels, a European hostel chain with approximately 30,000 beds under management, has completed an €874 million ($1.03 billion) refinancing facility provided by funds managed by Apollo, secured against its portfolio of 44 high-performing hostels located across 32 of Europe’s leading business and leisure hubs.

Lingerfelt, a vertically integrated real estate investment management firm, and Partners Group, a firm in the global private markets industry, announced the sale of their 1.16 million square foot WalthallNorthlake Industrial Portfolio.

The Bascom Group has acquired The Ellison, a 294-unit apartment community located at 9235 West Russell Road in the Summerlin/Spring Valley submarket of Las Vegas, Nev.

Principal Asset Management has expanded its Polish portfolio with the acquisition of a 16,281-square-meter industrial property in Kraków, Poland, in a sale-and-leaseback transaction on behalf of LOG IN, the European logistics and industrial fund managed by Theoreim.

DWS, an asset manager in Europe with global reach, announced the completion of the acquisition of a Parisian ‘core’ property on behalf of one of its institutional real estate funds. Financial details were not disclosed.

M7 Real Estate, the pan-European investor and asset manager, announces the acquisition of two recently developed logistics assets across key distribution hubs in Germany.

American Capital Group (ACG) and Clarion Partners have completed and opened Enso Apartments, a 316-unit multifamily community located at 19630 40th Ave. W in Lynnwood, Wash.

CIM Real Estate Debt Solutions business, on behalf of a CIM Group–managed fund, closed a $154 million whole loan to refinance 2 and 3 MiamiCentral, two class A office towers totaling approximately 339,000 square feet in Downtown Miami.

Whitestone REIT has plans to be acquired by Ares Management Corp. in an all-cash transaction valued at approximately $1.7 billion.

Eagle Real Estate Partners (EREP) has entered into a strategic, programmatic GP co-investment partnership with TriPost Capital Partners.

Interra Capital Group has acquired Greenway Plaza, a landmark 53-acre, approximately 4.5 million-square-foot mixed-use office campus in the heart of Houston.

Blackstone has acquired a significant minority stake in Rowan Digital Infrastructure, a U.S.-based sustainable hyperscale data center developer, in a move aimed at supporting the company’s expansion.