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Kennedy Wilson acquires prime mixed-use property in Cork for €87.5m (IE)
Kennedy Wilson acquires prime mixed-use property in Cork for €87.5m (IE)

Global real estate investment company Kennedy Wilson has acquired The Elysian in Cork, Ireland for €87.5m from real estate funds managed by Blackstone.   The acquisition comprises ...

AccorHotels acquires Mövenpick Hotels & Resorts for €482m
AccorHotels acquires Mövenpick Hotels & Resorts for €482m

AccorHotels has signed an agreement with Mövenpick Holding and Kingdom Holding to acquire Mövenpick Hotels & Resorts, for €482m. The transaction will have an accretive impact ...

Sainsbury's and Asda agree on €15.1bn merger (GB)
Sainsbury's and Asda agree €15.1bn merger (GB)

J Sainsbury plc and Walmart Inc have agreed terms in relation to a proposed combination of Sainsbury's and Asda Group Limited, a wholly owned subsidiary of Walmart, to create an enlarged ...

Immofinanz opens two retail parks in Serbia
Immofinanz opens two retail pars in Serbia

Immofinanz has opened two further retail parks of its STOP SHOP brand. The STOP SHOP portfolio has now grown to 72 locations with roughly 500,000 m² of rentable space in eight countries. The new ...

Legal & General launches affordable housing arm (GB)
Legal & General launches affordable housing arm (GB)

Legal & General announces the launch of Legal & General Affordable Homes, a new wholly-owned affordable housing provider which it is establishing through a leading development and management ...

BPSDC appoints Simon Murphy as the new CEO (GB)
Battersea Power Station Development Company appoints Simon Murphy as a new CEO (GB)

Battersea Power Station Development Company Limited (BPSDC) has announced that Rob Tincknell has resigned as Chief Executive of Battersea Power Station and will be leaving the company in early ...

Hines and Universal-Investment complete €600m Apple Paris store deal (FR)
Hines and Universal-Investment complete €600m Apple Paris store deal (FR)

Hines and Universal-Investment have completed the acquisition of 114 Champs-Elysées along with the long-term lease with Apple for approximately €600m from independent investment ...

Cromwell Property Group sells three buildings from the Equinox portfolio (NL)
Cromwell Property Group sells three buildings from the Equinox portfolio (NL)

Cromwell Property Group has sold three office buildings in the Netherlands from the Equinox portfolio, which it manages in a joint venture with Angelo Gordon.   The first asset, Oostplein ...

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