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Union Investment boosts Berlin hotel portfolio (DE)
|

Union Investment has secured another high-yield hotel property in Berlin, with the acquisition of a 4-star hotel on Friedrichstrasse operated by Spanish brand Meliá.   As part of an ...

European office take-up exceeds pre-crisis levels
office

Demand for prime office space across Europe increased by 17% in 2015 setting a new aggregate record since 1999, according to CBRE.   Significant increases in leasing activity were recorded in ...

VGP and Allianz agreed €500m logistics joint venture
|© VGA

  VGP, the European logistics real estate developer, has entered into a €500m 50/50 joint venture with Allianz Real Estate. The deal represents one of the largest specialist logistics ...

Hibernia completes €26.5m Marine House acquisition (IE)
|© daft.ie

Hibernia REIT has exchanged contracts to acquire Marine House in Dublin’s central business district for €26.5m.   Marine House is a 1970s office building totalling 3,809m2 (41,000ft2) ...

Union Investment fund acquires Vattenfall headquarters in Stockholm for €244m (SE)
vattenfall hq

Union Investment has acquired a fully let office property in the Stockholm office submarket of Arenastaden for its open-ended real estate fund Unilmmo: Deutschland. Office space comprises 97% of the ...

Chinese investment into European real estate to continue strong growth in 2016
shanghai

Despite increased domestic volatility and slower economic growth, greater Chinese investment into European commercial real estate reached €8.5bn in 2015, a 22% increase on 2014 according to ...

Delta Real Estate sells two shopping centres to Hyprop and Homestead Funds JV
dc podgorica

Delta Real Estate has sold two Delta City shopping centres in Belgrade, Serbia and Podgorica, Montenegro for a total of €202.7m to a joint venture between South African Hyprop, the ...

Cording takes over property management of the GEWA Tower, near Stuttgart (DE)
gewa tower

Cording Real Estate Group (Cording) has secured the property management mandate for the GEWA Tower at Schorndorfer Strasse 60 in Fellbach near Stuttgart. The building is currently still under ...

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