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pbb provides €157m loan facility for Groß & Partner mixed-use development (DE)
pbb provides €157m loan facility for Groß & Partner mixed-use development (DE)

pbb Deutsche Pfandbriefbank extended a €157m loan to subsidiaries of Groß & Partner Group for construction of "The Spin", a hotel and office tower in Frankfurt's central "Europa" ...

Galeries Lafayette to turn 22 French stores into franchises (FR)
Galeries Lafayette to turn 22 French stores into franchises (FR)

Galeries Lafayette has announced its intention to subsidiaries 22 of the department stores in its French network, principally located in small and medium-sized cities, to Financiere Immobiliere ...

ING finances MCAP's entry into Portuguese real estate market with €43.5m loan
ING finances MCAP's entry into Portuguese real estate market with €43.5m loan

ING, acting as a sole lender, has provided the long-term financing to an affiliate of MCAP Global Finance (UK) LLP, the UK subsidiary of the New York-based investment manager Marathon Asset ...

Helical sells UK regional industrial portfolio for €22.84m
Helical sells UK regional industrial portfolio for €22.84m

Helical has completed the sale of three logistics assets to a fund managed by Clearbell Capital LLP for a total of €22.84m (£20.25m). The assets are Aspect Way in Doncaster (122,600 ...

MQ builds first modular hotel atop shopping centre (DE)
MQ Real Estate to build the world's first modular hotel on top of Berlin shopping center (DE)

The hotel developer MQ Real Estate will construct the world's first modular hotel on top of a shopping centre in Berlin. For this, a new story containing a hotel will be added to Ring-Center 2 ...

Corestate appoints Michael Bütter as CEO
Corestate Capital Holding appoints Michael Bütter as CEO

Corestate Capital Holdings has appointed Dr Michael Bütter as a new Chief Executive Officer (CEO). The appointment will become effective on May 1st, 2018, following the departure ...

Macquarie acquires Munich's GLL (DE)
Macquarie acquires GLL Real Estate Partners (DE)

Macquarie Infrastructure and Real Assets (MIRA), a division of the Macquarie Group, has signed an agreement for the acquisition of GLL Real Estate Partners (GLL), the Munich-based real ...

Park Hotels & Resorts sells Hilton Rotterdam for c. €50m (NL)
Park Hotels & Resorts sells Hilton Rotterdam for c. €50m (NL)

Park Hotels & Resorts Inc has announced that it closed on the sale of the 254-room Hilton Rotterdam for gross proceeds of approximately €50m ($62m), equating to €197,440 ...

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