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SEGRO and M&G to dissolve Heathrow big box joint venture (UK)

SEGRO announced that it has exchanged contracts with M&G Real Estate to dissolve The Heathrow Big Box Industrial and Distribution Fund (HBB) ahead of its termination date in June 2016. ...

SES to manage new shopping centre in Croatia’s second largest city (HR)

SES Spar European Shopping Centers will manage the new shopping centre Mall of Split in Croatia’s second largest city, Split, from autumn 2015. The Croatian owner Mejaši prvi d.o.o. commissioned S ...

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. ...

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