Long-term and inflation-linked leases, tenants with strong credit ratings, as well as the food retail sector's extensive immunity to recessions ensure stable returns for our investors. We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. If no such notification has been received then no such permission has been granted, and the information contained here may not be regarded as an offer to purchase investment units. The fund's portfolio comprises a total of 28 logistics assets in six European countries, and is now fully . Savills Investment Management | Savills IM acquires food retail assets Savills IM launches European food retail fund | News | Institutional "We are pleased to work with Savills IM in our first investment into the UK," Andy Lim said. You may not make a permanent copy of or reproduce this website or any of its contents in any form. The presence of a link to a third party does not necessarily mean that Savills Investment Management LLP endorses that site or has any association with the proprietor of that website. There is significant appetite for this sector among our investor base and we look forward to further significant transactions in 2021., It has been an absolute pleasure to complete this transaction with the international investor Savills Investment Management and their advisor Capital Investment, which we see as a recognition of REMA 1000 as partner and shows that food retail is a very solid and resilient investment object., +44 (0)20 7025 6400 SavillsIM@citigatedewerogerson.com. Property can be difficult to sell, and it may be difficult to realise your investment when you want to. By. Savills IM launches European retail fund | News | Real Assets Thringen: Engel & Vlkers vermittelt Wohn- und Geschftshaus in Erfurt Free postage. AU $9.57. Savills Investment Management on where to find value in European retail This is the first transaction for our new flagship grocery fund, which will be investing in food retail across Europe. CRE Herald. Savills IM said it has acquired a Danish supermarket portfolio of 38 urban properties for 140 million in a sale-and-lease-back transaction based on a yield of 5% for the new food retail fund. The area also receives many German visitors due to its proximity to the German border - especially on Sundays, when the shops are closed in Germany. +44 (0)207025 6400SavillsIM@citigatedewerogerson.com. Savills IM acquires Amsterdam shopping centre for 51m (NL) - Europe Re Europe V is a value-add fund whilst Nordic III is a Core/Core+ fund. Savills IM European Food Retail Fund - lei.report Savills Investment Management is planning to raise 360m (419m) for a UK retail parks fund backed by Straits Real Estate. The fund will invest in local shopping centres, retail parks, designer outlet centres, high street and other retail assets across Europe. This corresponded to 224 deals, which was 21% below the five-year average. Savills Investment Management (Savills IM), the international real estate investment manager . Ian Jones, Director of Investment at Savills Investment Management: We are delighted to have been able to work with REMA to close this major deal. Sector. Whilst reasonable care is taken to ensure that information contained on this website is accurate, we cannot guarantee its accuracy and we reserve the right to change the information on this website (including these terms and conditions) at any time without notice. Europe V is targeting a total return of 10-12% net per annum after costs, fees and local taxes, including a yield of 5%-plus. Since 2017, transaction activity has been steadily rising by 46% pa on average. The ELF 3 portfolio now comprises 15 properties in five countries. You must check these terms and conditions for changes each time you intend to use this website. Savills IM holds first close for new European retail fund The properties are located in Dublin and Enschede. Savills IM buys Danish supermarket portfolio for new food retail fund Restaurants for sale yorkshire - nad.arlyandthelion.de Savills IM European Food Retail Fund has made its first investment already a Danish supermarket portfolio of 38 urban properties with a total volume of 140 million ($170 million). Save in respect of liability for death or personal injury arising out of negligence or for fraudulent misrepresentation, we and all contributors to this website hereby disclaim to the fullest extent permitted by law all liability for any loss or damage including any consequential or indirect loss or damage incurred by you, whether arising in tort, contract or otherwise, and arising out of or in relation to or in connection with your access to or use of or inability to use this website. By using this website you consent to the Terms and Conditions. If any part of our terms and conditions is unenforceable (including any provision in which we exclude our liability to you) the enforceability of any other part of these conditions will not be affected. You may only print or cache temporary copies of the content for your own personal non-commercial use. 11 Feb 2022. High Clock Movement Extra Long Spindle Black Shafts Hands Battery Powered. Whilst we take every care to ensure that the standard of this website remains high and to maintain the continuity of it, the internet is not always a stable medium and errors, omissions, interruptions of service and delays may occur at any time. Thursday, September 10, 2015 2:49:22 AM UTC. Nothing on the following pages shall be regarded or taken as financial advice. Savills Investment Management and the Savills Investment Management logo are trademarks registered in the name of Savills Investment Management LLP in the UK and other parts of the world. Savills IM takes a 56m bite of food retail in the Netherlands and Ireland. This website may contain links to third party websites over which Savills Investment Management LLP has no control. The forecast yield for the Danish seed portfolio exceeds this target. The first investment was a Danish supermarket portfolio of 38 urban assets with a total volume of c. EUR 140 million. Savills IM European Food Retail Fund is a real estate core plus fund managed by Savills Investment Management. In addition, neither we nor any other contributor to this website make any representation or gives any warranty, condition, undertaking or term either express or implied as to the condition, quality, performance, accuracy, suitability, fitness for purpose, completeness, or freedom from viruses of the content contained on this website or that such content will be accurate, up-to-date, uninterrupted or error free. Savills Investment Management (' Savills IM' ), the international real estate investment manager, today announces the launch and first closing of its Europe V - Retail Fund. Savills IM seeks 360m for UK retail park strategy At least 85 percent of the rental income at the portfolio level will come from supermarket/food tenants. publication offers and more. You must check these terms and conditions for changes each time you intend to use this website. 10 February 2022 < Back to News Savills IM, the international real estate investment manager, has invested in "Enschede Zuid", a local convenience centre in Enschede, Netherlands, on behalf of a pan-European food retail fund. Savills Investment Management has invested 55.8m to buy food retail assets in the Netherlands and Ireland. Savills Im European Retail Fund Fcp-Fis - Fonds D'investissement Spcialis While the main fund strategy is to acquire further supermarket portfolios with lot sizes usually starting at c. EUR 50 million, the fund may also acquire neighbourhood centres, mixed-use urban properties and specialist retail centres provided that they have a food retailer as an anchor tenant and at least 70% of the rental income comes from food/grocery and basic services tenants. Fonds Communs De Placement (Mutual Funds) Universal Entity Code. The fund will invest in local shopping centers, retail parks, designer outlet centers, high street and other retail assets across Europe. The shopping centre comprises 18,000 m and has 30 tenants, including a 6,000 m unit let to food retailer Super Valu. By using this website you consent to the Terms and Conditions. Savills Investment Management has paid 140 million for a portfolio of 38 Danish urban supermarkets in a sale-and-leaseback deal. Savills Investment Management LLP welcomes links to this website from relevant third party websites. The following terms and conditions must be read before entering the website. Europe V marks the firms second recent European retail focused fund, following the launch of Nordic III Retail in late 2017. International real estate investment manager Savills Investment Management (Savills IM) has acquired three logistics properties in France for a total 72 million on behalf of its European Logistics Fund 3 (ELF 3). The core and core-plus fund, known as Savills IM European Food Retail Fund, is targeting 750 million ($912 million) and seeks to acquire supermarket portfolios with lot sizes usually starting at 50 million ($60 million). ", We have identified six types of retail we believe to be resilient or primed to take advantage of changing trends including outlets/malls and retail stores or parks which combine retail with leisure and entertainment to provide consumers with an experience.. This is a profile preview from the PitchBook Platform. Savills Investment Management and the Savills Investment Management logo are trademarks registered in the name of Savills Investment Management LLP in the UK and other parts of the world. Therefore, access to the following pages is on condition that it is to receive information only and does not constitute an offer to enter into any contract or agreement nor is it a solicitation to buy or sell investments. The company is registered at the Registre de commerce et des socits at the local court of Luxembourg with the legal form of Socit en Commandite Simple (number B 219.043). Savills Investment Management's European logistics fund has expanded its portfolio with the acquisition of a distribution centre in Rosersberg near Stockholm, Sweden, in an off-market transaction. You may not reproduce or incorporate this website or any of its contents into any other website. In addition, neither we nor any other contributor to this website make any representation or gives any warranty, condition, undertaking or term either express or implied as to the condition, quality, performance, accuracy, suitability, fitness for purpose, completeness, or freedom from viruses of the content contained on this website or that such content will be accurate, up-to-date, uninterrupted or error free. Property is not a financial Instrument as defined by the Market in Financial Instrument Directive under European regulation; consequently, the direct investment into and management of property is not regulated by the FCA. Problematic issues with an over built-American retail market have often contributed to a similar negative perception of retail in Europe. The content contained within this website has been prepared for institutional investors only. The convenience centre was extensively renovated and modernised in 2018 and serves the residents of south Enschede. Upload your latest press release or suggest a story idea to our editorial team. Savills IM first asset acquisition in Ireland for 43m (IE) - Europe Re If no such notification has been received then no such permission has been granted, and the information contained here may not be regarded as an offer to purchase investment units. The presence of a link to a third party does not necessarily mean that Savills Investment Management LLP endorses that site or has any association with the proprietor of that website. Savills IM, which also announced the first closing of the fund, said the fund has already made its first deals, purchasing two assets in The Netherlands from pan-European retail real estate investment manager Redevco for 31m. Nothing on the following pages shall be regarded or taken as financial advice. Nothing on the following pages shall be regarded or taken as financial advice. Sign up to receive emails from IREI. However, if requested in writing by Savills Investment Management LLP, links must be removed within 24 hours. Record last updated. Time for a contrarian view on European retail? | Savills Prospects Please refer to the data protection page to review the Savills Investment Management Privacy Policy. The copyright on this website and its content belong to Savills Investment Management LLP. Savills IM's European logistics fund invests 72m in French assets Savills IM buys distribution centre near Stockholm for logistics fund HOWEVER, NOTHING IN THESE TERMS AND CONDITIONS IS INTENDED TO LIMIT ANY LIABILITY THAT SAVILLS INVESTMENT MANAGEMENT MAY HAVE UNDER APPLICABLE LAWS AND REGULATION. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and investors may not get back the amount originally invested. The value of an investment and the income from it can fall as well as rise as a result of market and currency fluctuations and investors may not get back the amount originally invested. Savills Investment Management Savills IM transacted EUR 4.1 billion in 2021 Industrial led the way with over EUR 1.5 billion transacted followed by Office and Retail sectors Read More Enabling Resilient Real Estate Savills IM's Net Zero Carbon Pathway Read More Outlook 2022 Unlocking value in an evolving landscape Read More WE SEE PROPERTY The dissemination of the information contained on this website is only allowed in countries where Savills Investment Management LLP and its subsidiaries have notified or received permission from the local supervisory authorities. Property can be difficult to sell, and it may be difficult to realise your investment when you want to. With more than 60 shops and 700 parking spaces in total, "Enschede Zuid" is the largest local shopping destination in Enschede. All disputes relevant to the use of this website shall be subject to the agreed exclusive jurisdiction of Tokyo District Court as court of first instance. The site was purchased for around 30 million from property developer and owner, DC Vastgoed. The international real estate investment manager said it acquired a cross-dock facility in Dijon and two urban logistics properties in the greater Toulouse area on behalf of the European Logistics Fund 3 (ELF 3) fund. The family office used to hold a 10 percent stake in its partner in the fund, Straits Real Estate, but it announced in April that it would sell its interest for S$105 million ($78.3 million) in cash to a subsidiary of The Straits Trading Company. The terms and conditions related to your use of this website are governed exclusively by English law except for the information provided by Savills Investment Management SGR S.p.A. which is governed by Italian law. Please remember that past performance is not necessarily a guide to future performance. If any part of our terms and conditions is unenforceable (including any provision in which we exclude our liability to you) the enforceability of any other part of these conditions will not be affected. Please refer to the data protection page to review the Savills Investment Management Privacy Policy. You may not make a permanent copy of or reproduce this website or any of its contents in any form. Market-leading rankings and editorial commentary - see the top law firms & lawyers for Real estate and construction in Italy Notwithstanding the foregoing, as to these terms and conditions and your use of this website, the information provided by Savills Investment Management Asia Ltd (Japan branch) is governed by Japanese law. Savills Investment Management (Savills IM), the international real estate investment manager, has launched a European food retail-focused fund, the Savills IM European Food Retail Fund. 12 Oct 2021. The following terms and conditions must be read before entering the website. 7. The assets are Resource Center Whilst we take every care to ensure that the standard of this website remains high and to maintain the continuity of it, the internet is not always a stable medium and errors, omissions, interruptions of service and delays may occur at any time. The below charts are illustrative of the type of graphical data available to our clients and do not represent live data. Property is not a financial Instrument as defined by the Market in Financial Instrument Directive under European regulation; consequently, the direct investment into and management of property is not regulated by the FCA. Registered office is 33 Margaret Street, London W1G 0JD. Savills IM buys two logistics assets for 175m - React News Savills Investment Management LLP is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom under Firm Reference Number 615368. The dissemination of the information contained on this website is only allowed in countries where Savills Investment Management LLP and its subsidiaries have notified or received permission from the local supervisory authorities. It forms part of The Crossings, an urban village at the centre of the Adamstown district around 15 km west of Dublin city centre, where around 10,000 new homes are to be built by 2028. As a result, we do not accept any ongoing obligation or responsibility to operate this website (or any particular part of it. The fund will invest in local shopping centres . If no such notification has been received then no such permission has been granted, and the information contained here may not be regarded as an offer to purchase investment units. Nordic III acquired four retail parks from IKEA Centres for EUR 125m following a successful first close and will invest in high street properties, locally-dominant retail centres, warehouses and retail parks across Sweden, Denmark, Norway and Finland.