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Aareal Bank completes acquisition of Westdeutsche ImmobilienBank AG (DE)

Aareal Bank Group has completed the acquisition announced on 22 February 2015 of all of the shares of Westdeutsche ImmobilienBank AG (WestImmo), which specializes in commercial property financing. ...

Skanska constructs educational facilities in Trondheim, Norway, for €33 mln (NO)

Skanska has signed a contract with E.C. Dahls Eiendom AS to refurbish existing facilities and construct new buildings at Sør-Trøndelag University College in Trondheim, Norway. The total contract is ...

The Crown Estate and Oxford properties agree on €202 mln extension of partnership in London (UK)

The Crown Estate and Oxford Properties have agreed a £145 mln (€202 mln) extension to the St James’s Market Partnership with the establishment of a new joint venture for a 160,000 ft² (14,864 m� ...

British Land announces three lettings at The Leadenhall Building (UK)

British Land and Oxford Properties confirms three lettings across seven floors and approximately 100,000 ft² (appox. 9,300 m²) at The Leadenhall Building to Brit Insurance, Spanish banking group Ban ...

European office market vacancy rates drops to lowest level in seven years (EU)

According to international real estate advisor Savills the average vacancy rate for the European office market was 9.37% in Q1 2015, which is the lowest level recorded since 2009. The firm predicts v ...

Logicor grows logistics portfolio to 340,000 m² in the Netherlands (NL)

Logicor, the leading pan-European owner and operator of logistics properties, announces the addition of two logistics assets to its Netherlands portfolio. The assets were acquired from a fund managed ...

pbb Deutsche Pfandbriefbank and Unicredit Bank Austria AG provide a €120 mln acquisition facility (EU)

pbb Deutsche Pfandbriefbank and UniCredit Bank Austria AG have jointly underwritten a €120 mln senior acquisition facility to finance a mixed-use real estate portfolio across four countries in Centr ...

Tristan Fund acquires Northern Ireland Shopping center for €47.7 mln (IE)

The CCP IV ‘core plus’ strategy fund advised by pan-European real estate investment manager Tristan Capital Partners has acquired the Erneside Shopping Centre in Enniskillen, Northern Ireland, for ...

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