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Russia and CIS markets to see 7,400 new branded hotel rooms in 2016
hotel lobby

According to JLL, 2015 saw the quality hotel supply of Russia, CIS and Georgia increase by 6,000 rooms, slightly more than a half (3,300) of which was in Russia. More than 8,900 rooms were scheduled ...

Northern Horizon sells €155m Finnish care home portfolio (FN)
generic building

Northern Horizon has sold its Healthcare I fund’s entire care home portfolio to a fund managed by eQ. The 27-asset portfolio was sold for a price of €155m. Healthcare I, a closed-ended ...

Neinver to manage Megapark Barakaldo (ES)
megapark

Neinver, Europe’s second-largest outlet operator, will manage part of the Megapark Barakaldo retail park, located in the Basque region of Spain.   Megapark, with a sales space totalling ...

AEW Europe acquires prime high street retail development in Madrid (ES)
Calle Serrano image thumb

AEW Europe has acquired a high-end retail asset in central Madrid on behalf of the City Retail Fund, in a forward purchase agreement. This is the first Spanish acquisition undertaken by the Fund, ...

EMEA real estate market dominates cross-border investment in 2015
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According to analysis by Savills, EMEA attracts more inward investment from overseas capital than any other global market. EMEA real estate markets received $183bn (€168bn) of capital funding in ...

TLG Immobilien AG acquires hotel and office complex in Dresden (DE)
Wiener Platz 8/9 image thumb

TLG Immobilien AG has acquired a hotel and office complex in central Dresden from JP Commercial XIII S. à. r. l. for approx. €28.2m. The prior asset manager, Prelios Immobilien Management ...

Niam closes on €800m for Niam Nordic VI
stockholm city image thumb

Niam, the Nordic real estate private equity firm completed the final close for its sixth opportunistic property fund, Niam Nordic VI, with €800m in total equity commitments.   The investors ...

Union Investment sells Äppelallee-Center in Wiesbaden to Pradera fund (DE)
appelallee center image thumb

Union Investment has sold the Äppelallee-Center retail property after a five-year holding period, to Pradera Open-Ended Retail DFund, an open-ended special AIF which is administered by IntReal ...

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