Savills Investment Management has sold a retail property in Copenhagen's city centre to a local investor. This is being done as part of strategic portfolio management, with a planned increase in the logistics quota.
Savills Investment Management is taking over the asset management of two historic palaces in Lisbon's Chiado district, which are to be converted into a five-star hotel. The properties cover over 24,000 square meters and strive for the highest sustainability certifications.
Savills Investment Management has sold the train station arcades in Leutkirch to Redevco, which acquired the retail park for its European Retail Parks Fund. The sale is part of the strategic management of the diversified Savills IM European Commercial Fund.
Savills Investment Management has acquired two supermarket properties in Portugal for its European Food Retail Fund. The sites were completed in 2020 and 2021 and leased to Continente on a long-term basis.
Expansion of the joint venture to more than EUR 600 million planned.
The focus is on sustainable investments in apartment buildings and student housing in core markets in Europe.
Ampega Asset Management GmbH has successfully completed the first two real estate investments in Europe for a group company. Together with Savills Investment Management (Savills IM), two core office properties in Paris and Brussels were acquired.