Sarah Marx

A panel discussion revealed diverging attitudes on what higher defense budgets will mean for thefor the German property market – and beyond.

Charles Baigler joined Bridge Industrial in January 2024 to expand the firm’s operations into continental Europe, but left less than two years later.

DFI aims to build a £500m platform focused on industrial assets near research institutions and other ‘knowledge and innovation’ hubs.

Peakside Capital Advisors intends to hold the 127-year-old Neo-Baroque-style property for the long term on behalf of a pension fund client.

The US manager seeded the vehicle with the purchase of an office building in Paris.

Commitments to date come from high-net-worth individuals and family offices across Europe, the UK, the US and the Middle East.

Jenny Hammarlund, who has led OTPP’s Europe and UK real estate investments since last year, will assume the top job in January.

The deal will close in three stages through 2029, with the managers set to acquire an initial 51 percent in June 2026.

The manager aims to raise $2bn of equity within five years.

The Australian super annuation fund acquired the stakes from manager and developer Lendlease, marking the final sales out of that firm's flagship retail vehicle.