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Universal-Investment appoints Michael Reinhard as new CEO
Universal-Investment appoints Michael Reinhard as new CEO

Universal-Investment is making a number of planned changes to the Group’s management. Chief Executive Officer (CEO) Bernd Vorbeck is handing over leadership to the current Chief Operating ...

CLS acquires London office property for €62m (GB)
CLS acquires London office property for €62m (GB)

CLS has exchanged contracts to acquire 9 Prescot Street, London E1 for €62m (£53.85m) excluding costs. The freehold property comprises 96,948ft² (9,007m²) of multi-let ...

Quadoro Doric acquires historic mixed-use building in Helsinki (FI)
Quadoro Doric invests in Helsinki mixed-use building (FI)

Quadoro Doric, acting as the portfolio manager for the open-ended special AIF Vontobel Sustainable Real Estate Europe, has acquired the mixed-use building "Diana" in Helsinki. The transaction marks ...

Co-op launches franchise recruitment programme (GB)
Co-op launches franchise recruitment programme (GB)

The Co-op has unveiled moves to develop franchise stores, which will be the first time the 175-year-old supermarket has licenced its brand to independent retailers. This expansion programme ...

pbb provides €39m for Vienna office deal (AT)
pbb provides €39m for Vienna office deal (AT)

pbb Deutsche Pfandbriefbank has provided a credit facility of approximately €39m for the acquisition of a Class-A office property in Vienna to a fund managed by Inmark Asset Management ...

RLI Investors grow German logistics portfolio
RLI Investors grow German logistics portfolio

RLI Investors, acting for the open-end special real estate AIF RLI Logistics Fund–Germany II, has acquired a logistics property in Ludwigsfelde, the top logistics region in southern ...

New Leonardo Hotel to open in Zurich in 2020 (CH)
New Leonardo Hotel to open in Zurich in 2020 (CH)

February 2020 will mark the entry of another Leonardo Hotel in Zurich – with a prime location directly at the airport. The future hotel will join Alden Suite Hotel Splugenschloss and the ...

Patrizia sells Manchester office property for €51.8m (GB)
Patrizia sells Manchester office property for €51.8m (GB)

Patrizia Immobilien AG, acting on behalf of ‘UK Value 2’ fund, has completed the sale of Peter House, an office asset in Manchester, to BP Pension Fund for €51.8m (£45.1m). The ...

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