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Stay of execution for department store group V&D (NL)

V&D has been saved from bankruptcy after its owners, banks and landlords reached an agreement on how to solve the department store group’s short-term financial problems. According to the ...

CORESTATE Capital, Inmobiliaria Espacio and OHL Desarrollos to form joint venture (ES)

CORESTATE, a specialised real estate investor based in Zug, Switzerland, Inmobiliaria Espacio, a project development and asset management firm based in Madrid, and its sister company OHL Desarrollos, ...

CBRE Retail Property Fund Iberica extends life for a further five years (ES)

The CBRE Retail Property Fund Iberica (RPFI), managed by CBRE Global Investors, has had unanimous agreement from its Limited Partners to extend the life of the fund for a further five years. A small n ...

NCC sells office project in Oslo, Norway (NO)

NCC has sold the office project Lysaker Polaris in Oslo to Storebrand Eiendom AS. The transaction is conducted as a sale of a company with an underlying property value of SEK820 million (€85 mln). ...

IDI Gazeley announces project to develop 5,193 m² built-to-suit parcel hub for TNT (UK)

IDI Gazeley (Brookfield Logistics Properties), a leading global investor and developer of logistics warehouses and distribution parks, has announced details of a project to develop a 55,898 ft² (5,19 ...

Uncertainty still surrounds V&D, is Blokker next? (NL)

The 63 branches of department store chain V&D were due to open for business as usual on Monday but it remains unclear if its owners have thrashed out a rescue package. Representatives of pr ...

AXA Real Estate establishes joint venture with Eurocommercial Properties (FR)

AXA Real Estate Investment Managers, the leading real estate portfolio and asset manager in Europe, announces that on behalf of AXA insurance companies, it has established a joint venture with Eurocom ...

CHSH advises CA Immo on the sale of the Buda Business Center to a Hungarian real estate fund (HU)

CHSH has advised CA Immo on the sale of the office complex Buda Business Center in Budapest, Hungary, to an open-ended fund managed by Diófa Fund Management under the terms of an asset deal. ...

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