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Rockspring adds £38.4m Liverpool shopping centre to UK Value 2 fund (UK)
clayton square

Rockspring Property Investment Managers, on behalf of Rockspring UK Value 2 Fund, has acquired Clayton Square, a high street retail block in Liverpool for £38.4m, reflecting a net initial yield ...

Canopy by Hilton set for £76m UK debut (UK)
|

Hilton Worldwide has unveiled plans to bring Canopy by Hilton to the UK with the launch of the new London City hotel, located in Aldgate.   Following a franchise agreement with 4C Hotel Group, ...

International Ethics Standards coalition launched through industry collaboration
|

A coalition of more than 60 professional bodies and standards setting organisations worldwide, have launched a global consultation on ethics principles for those working in land, property, ...

Second round of buying takes Hunter fund to £22m
investment

Hunter Real Estate Investment Managers (‘Hunter’) completed a second round of purchases in its Hunter UK Retail Trust. Comprising approximately £8m (€10.3m), the latest ...

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) ...

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