- Starwood European Real Estate Finance (SWEF) has this morning announced that it has raised £40m in an ordinary share placing. The placing was announced on May 7, which we covered here.
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Sirius Real Estate, a leading operator of branded business parks providing conventional space and flexible workspace in Germany, has completed the acquisition of Buxtehude Business Park, south west of Hamburg, in Lower Saxony, for €8.7m. The business park, which provides 28,532 sqm of lettable space (90% warehouse/ production space; 6% offices; and, 4% of other space) on a plot of 35,425 sqm, is being acquired with full vacant possession.
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FastForward Innovations (FFWD) has announced the partial sale of its shareholding in Vemo Education for $442,235 Commenting on the disposal, FFWD’s chairman, Lorne Abony noted, “The partial sale of the company’s interest in Vemo is the company’s first exit from an investment in 2019. The board believes further investments can be realized during the course of 2019 and intends to reinvest the proceeds in the medicinal cannabis sector, furthering FFWDs investment focus on life science, health and technology.”
Other stories published the morning on:
Civitas Social Housing’s (CSH) NAV rise over the first quarter