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Green Property sells One Nine Elms to Chinese Dalian Wanda Group (UK)
Green Property, the Irish and UK property investment and development company, has agreed to sell One Nine Elms in an off-market sale to China’s largest premier commercial property and entertainment conglomerate, Dalian Wanda Group. One Nine Elms is a mixed-use development which will comprise 1.13 million ft² (approx. 105,000 m²) of prime residential, office and retail space within two towers of 45 and 60 stories respectively. On completion, the value of the development is expected to be in excess of £700 million (approx. €817 million).
Union Investment acquires two office properties for new institutional real estate fund (DE)
Union Investment has acquired the first two properties in Germany for its UniInstitutional German Real Estate fund. The…
IKEA leases 72,000 m² in new Logopark North warehouse project (RU)
IKEA, the leading global retail chain selling furniture and home furnishings, signed a long-term lease agreement of 71,800…
AstraZeneca selects new £330 million global R&D center and corporate headquarters in Cambridge (UK)
AstraZeneca today announced that its new UK-based global research and development center and corporate headquarters will be located…
pbb and Helaba provide € 163 million credit facility to finance the acquisition of the Pacific Tower in La Defense (FR)
pbb Deutsche Pfandbriefbank and Helaba have jointly provided a € 163 million senior loan to Tishman Speyer. The…
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