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Assets worth €472 bln could appear on European commercial real estate market

€472 bln of commercial real estate assets could be released onto the European market. Most of these assets belong to unlisted funds (€190 bln) and private investors (€149 bln), both of whom have ...

CLS Holdings acquires €24.4 mln building near Munich (DE)

CLS Holdings plc announces that it has unconditionally exchanged contracts to acquire a fully-let office building near Munich, Germany for €24.4 mln. The scheme is let to eleven tenants and it gener ...

Union Investment acquires Green Worx office building in Vienna (AT)

Union Investment is seeking to benefit from the stability of the Viennese office market. The company recently agreed the acquisition of another new build in the Austrian capital, the Green Worx offi ...

Baker Tilly Roelfs merges with TPW Group (DE)

Baker Tilly Roelfs and TPW Group announced to merge. This strategic merger is a logical expansion of the existing consultancy and service offerings – in terms of content and geographical location †...

Refinancing of German retail portfolio and disposal to joint venture (DE)

Redefine International confirms that it has completed the first part of the refinancing related to the €156.8 mln German retail property portfolio acquired in a 50/50 joint venture with Redefine Pro ...

KPMG signs 12,000 m² lease for a new building in Europacity, Berlin (DE)

The auditing firm KPMG AG has signed a lease with CA Immo for over 12,000 m² of rental space, for a newly constructed office building in Berlin’s Europacity. The company will be the exclusive offic ...

European investment volumes in 2015 could exceed €230 bln record after buoyant Q1 (EU)

European commercial real estate investment totaled €51.4 bln in the first quarter of 2015, a 40% increase on a year ago, according to a DTZ report. Following a strong final quarter in 2014, in wh ...

Deka Immobilien invests in US with €240 mln acquisition of Marriot Hotel in New York City(US)

Deka Immobilien GmbH has acquired the Marriott East Side Hotel in New York City under a joint venture with Ashkenazy Acquisitions Corporation (AAC) for around USD270 mln (€241 mln). The seller of th ...

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