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INTERNOS Global Investors and Somerston Group acquire 27.5% stake in DREF (DE)

INTERNOS Global Investors, the €3.6 billion owner-managed real estate fund management firm, and the family office Somerston Group have together acquired a 27.5% stake in Deutsche Real Estate Funds A ...

Catella secures €400 mln mixed-use project (DE)

The companies Living Central 1-11, which are managed by Catella Corporate Finance GmbH, have signed contract of purchase to acquire a property area of approx. 38,000 m² near-by the Dusseldorf main st ...

Union Hanover submits €136.5 mln plans for an Adagio and Boutique Hotel scheme in Stratford (UK)

Union Hanover Securities has submitted its planning application for a £100 mln (approx. €136.5 mln) plus dual hotel scheme at Stratford City, East Village E20. The New York-based Grzywin ...

Hewlett Packard signs lease extension for University Business Center in Warsaw with SEB Asset Management (PL)

SEB Asset Management has extended its lease with Hewlett Packard in the University Business Center (UBC) in Warsaw. The lease will now run for a further ten years until 2024. The company leases ...

British Land signs €661mln Revolving Credit Facility (UK)

British Land announces that it has signed a new £485 mln (€661 mln) unsecured Revolving Credit Facility (RCF) at an initial margin of 90 bps with a syndicate of 7 banks. The facility has a maturity ...

Jerozolimskie Business Park in Warsaw acquired by funds managed by Ares Management (PL)

The Jerozolimskie Business Park in Warsaw has been acquired by real estate funds managed by Ares Management from IVG Institutional Funds GmbH. Global real estate services firm Cushman & Wakefield ...

L&G and Schroders commit to the €272 mln regeneration of Bracknell (UK)

The Bracknell Regeneration Partnership, a 50:50 joint venture between Legal & General Capital and Schroder UK Property Fund (“SPF”), together with Bracknell Forest Council, announced that they ...

Aareal Bank Group acquires Westdeutsche ImmobilienBank AG for €350 mln (EU)

Aareal Bank Group acquires all of the shares of Westdeutsche ImmobilienBank AG (WestImmo), which specializes in commercial property financing. A corresponding sale and purchase agreement was signed wi ...

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