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NCC to undertake approx. €28.8 mln expansion of Harju Campus (FI)

NCC is to refurbish and expand the Harju Campus in Finland on behalf of the Jyväskylä Educational Consortium. The order is worth SEK 270 mln (approx. €28.8 mln). NCC is to refurbish two ...

Pramerica Real Estate Investors acquires majority interest in Siemens Campus (DE)

Pramerica Real Estate Investors announced it acquired a majority interest in the Munich Siemens Campus in a joint venture with an institutional investor from a fund structure, managed by HIH Hamburgis ...

Standard Life Investments invests €64 mln in Europe (UK/ES)

The Standard Life Investments Global Real Estate Fund has invested €64 mln in Europe with two key acquisitions: Ogier House in Jersey and Building 4 in World Trade Centre (WTC) Almeda Park in Barcel ...

Hammerson plc sells Drakehouse Retail Park for €86.5 mln (UK)

Hammerson plc announces that it has completed the sale of Drakehouse Retail Park in Sheffield to 90 North Real Estate Partners LLP for £61.7 mln (approx. €86.5 mln), which is ahead of the 31 De ...

HSH Nordbank provides €130 mln to buy Karstadt store in Munich (DE)

HSH Nordbank will provide a joint venture vehicle owned by the European Property Investors Special Opportunities 3 L.P. (“EPISO 3 Fund”) advised by Tristan Capital Partners LLP of London and Signa ...

Hines Poland sustainable income fund acquires Nestlé House office building (PL)

Hines, an international real estate company, has announced that the Hines Poland Sustainable Income Fund has purchased the Nestlé House office building (formerly known as Pacific Office Building) fro ...

Rockspring acquires 1 Tanfield in Edinburgh for €78,6 mln (UK)

Rockspring Property Investment Managers LLP, on behalf of its UK Value 2 LP, has acquired 1 Tanfield, an office building in Edinburgh, from Carlyle Group for £56 mln (€78,6 mln) reflecting a net in ...

Global shopping center development increases to 39 million m²

Global shopping center development continues to grow with a total of 11.4 million m² of new shopping center space opened in 2014, compared with 10.6 million m² in 2013. Emerging markets, ...

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