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Schroders expands its hotel business with Algonquin acquisition
Schroders expands its hotel business with Algonquin acquisition

Schroders has reached an agreement to acquire Algonquin, a specialist pan-European hotels investment and management business with assets under management (AUM) of €1.8bn. This ...

Portus Retail acquires Docks Bruxsel shopping district (BE)
Portus Retail acquires Docks Bruxsel shopping district (BE)

Portus Retail has acquired the "Docks Bruxsel" Shopping District from a Canadian investor. The Docks Bruxsel “Shopping District”, inaugurated in October 2016, covers 42,000 m² ...

Arctic Securities acquires NCC office project for c.€31.3m (NO)
Arctic Securities acquires NCC office project for c.€31.3m (NO)

NCC is selling an office project in Lysaker in Norway to Arctic Securities for c.€31.3m (SEK 330m). The project, PP11, is situated in a well-established office district ...

NorthStar Realty exits the Netherlands with Maas Tower sale
NorthStar Realty sells Maas Tower in Rotterdam (NL)

NorthStar Realty Europe Corp. (NRE) has sold the Maas Tower in Rotterdam to a joint venture between FOM Real Estate, Asia Pacific Real Estate and CoquineSA. The company has acquired the 44 ...

BNP Paribas REIM acquires prime Milan office asset for €42m (IT)
BNP Paribas REIM acquires Milan office asset for €42m (IT)

BNP Paribas REIM, acting on behalf of its real estate fund “Fundamenta” managed by BNP Paribas REIM Italy, has acquired “Viale Stelvio”, a state-of-the-art office ...

House of Fraser to close stores in restructuring plan (GB)
House of Fraser confirms CVA (GB)

House of Fraser, the UK and Ireland’s premium department store group, has confirmed that its parent company, Nanjing Cenbest, has announced that international retailer C.banner has entered into ...

Commodus acquires prime office property in Berlin-Mitte (DE)
Commodus acquires prime office property in Berlin-Mitte (DE)

Commodus Real Estate Capital GmbH has acquired a single-tenant office building in central Berlin. The property in Berlin-Mitte has a total rental space of roughly 60,000 m² and has been fully ...

BGEO acquires hotel in Gudauri for €6m (IT)
BGEO acquires hotel in Gudauri for €6m (IT)

m2 Real Estate, the subsidiary of BGEO Group PLC, has acquired an under construction hotel in Gudauri for €6m (US$7.2m, including VAT). The Gudauri Hotel is expected to add at least ...

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