Vukile Expands its Spanish Property Portfolio

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A deal with Spanish subsidiary Castellana will see Vukile Property Fund double its exposure in the Spanish real estate market, company CEO Laurence Rapp says. The deal involves the acquisition of four shopping centres from European retail asset owner Unibail-Rodamco-Westfield at a total cost of €460m. Castellana, Vukile’s 98% subsidiary, will acquire the assets once… Read more »

Eurozone House Prices Rise at the Fastest Rate in 11 Years

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Eurozone property prices rise at the fastest rate in 11 years with Spain leading the way among the largest markets. In the first three months of 2018 (Q1), Eurozone property prices rose by 4.5%, compared with Q1 2017, representing the largest year-on-year increase since Q1 2007, reports the European Union’s statistics agency Eurostat.