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pbb provides €37m investment facility for JR AMC's Porr Tower deal (AT)
pbb provides €37m investment facility for JR AMC's Porr Tower deal (AT)

pbb Deutsche Pfandbriefbank has provided an investment facility of €37m to companies managed by JR AMC Co., Ltd. (JR AMC) on behalf of a consortium of Korean Investors. The funds will be ...

Growth of prime office rents in Europe’s CBDs shows no sign of abating in 2018
Growth of prime office rents in Europe’s CBDs shows no sign of abating in 2018

European prime office rents saw an average year-on-year (yoy) rental increase of 6% in 2017, their fifth consecutive year of growth and they show no sign of abating for at least another three years, ...

Secure Income REIT acquires €489.5m UK leisure and hotel portfolio
Secure Income REIT acquires €489.5m UK leisure and hotel portfolio

Secure Income REIT has exchanged contracts for the acquisition of two substantial off-market portfolios at a total cost of €489.5m (£436m).   The first portfolio ...

Hilton returns to Denmark with new hotel in Copenhagen
Hilton returns to Denmark with new hotel in Copenhagen

Hilton has announced plans to open a new hotel in Copenhagen, following a franchise agreement with BC Hospitality Group A/S (BCHG). Hilton Copenhagen City Centre, a Hilton Hotels & ...

Patrizia acquires prime office complex in Bad Homburg (DE)
Patrizia acquires prime office complex in Bad Homburg (DE)

Patrizia Immobilien AG, acting on behalf of the Patrizia ‘Gewerbe-Immobilien-Deutschland III’ fund, has acquired the Marienbader Höfe office property in Bad Homburg. The company ...

NHS PS puts former Battle Hospital site on the market (GB)
NHS PS puts former Battle Hospital site on the market (GB)

An empty parcel of land in Reading is being marketed to raise vital funds for the NHS and potentially allow much-needed local homes to be built. The site, part of the former Battle Hospital, is ...

Newcore completes €44.9m investment programme for third fund (GB)
Newcore completes €44.9m investment programme for third fund (GB)

Newcore Capital Management has completed the €44.9m (£40m) investment programme for its Newcore Strategic Situations III LP value-add fund.   Newcore has acquired the final two ...

Travelodge invests €268.9m in UK expansion programme (GB)
Travelodge to open 20 hotels in 2018 (GB)

Travelodge, the UK’s first budget hotel chain has announced the next stage of its extensive UK expansion programme. The group expects to open 20 new hotels (over 1,900 rooms) across the UK ...

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