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Genesta achieves large first closing for its Nordic Real Estate Fund II (EU)

Genesta announced the first closing of its new fund – Genesta Nordic Real Estate Fund II. The fund has secured commitments of €152 mln from four institutional investors. Genesta is the first manag ...

Rockspring and Clearbell acquire The Bower, Stockley Park (UK)

Rockspring Property Investment Managers LLP on behalf of its UK Value 2 LP and Clearbell Capital LLP, on behalf of Clearbell Property Partners II LP announce that they have jointly acquired The Bower, ...

Serravalle Designer Outlet expands and adds 12,500 m² of retail (IT)

Europe’s largest luxury designer outlet, Serravalle Designer Outlet, near Milan, one of 20 McArthurGlen Designer Outlets across Europe, announced its expansion. Serravalle will expand to open ...

German consumers rarely shop close to home (DE)

Germans have a 2015 retail purchasing power of €5,692 per person. But they do not spend most of this money in the places they live. This is one of the findings of GfK's 2015 study on retail centrali ...

KKR acquires two hotels in Antwerp (BE)

KKR, a global investment firm, announces the purchase of the Radisson Blu Astrid Hotel and the Park Inn Hotel in Antwerp, Belgium, in a joint venture with Algonquin, one of Europe’s leading independ ...

pbb Deutsche Pfandbriefbank plans flotation (DE)

Deutsche Pfandbriefbank AG (pbb) plans a listing in the Prime Standard segment of the Frankfurt Stock Exchange (FWB). Subject to market conditions, the IPO is scheduled to take place during July 2015. ...

BEST S.A. to lease 2,000 m² of office space in EURO STYL's Tensor complex (PL)

BEST S.A., one of largest companies operating in the debt collection industry in Poland, has leased over 2,000 m² of office space in building X being developed within the Tensor complex in Gdynia. Wi ...

MERLIN Properties acquires Testa for approx. €1.8 bln (ES)

MERLIN Properties Socimi, S.A., and Sacyr, S.A. have entered into an investment agreement for the acquisition in several steps of the entire share capital of Testa Inmuebles en Renta, S.A. (“Testa†...

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