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Ares Management closes two oversubscribed real estate funds (EU/USA)

Ares Management, L.P. announced the final closings of two real estate funds, both of which were significantly oversubscribed. The $1.3 billion (€1.098 billion) Ares European Real Estate Fund ...

Tishman Speyer to acquire another office building in London’s West End (UK)

Tishman Speyer, one of the world’s leading developers, owners, operators and asset managers of first-class real estate, announced an agreement to acquire 100 New Oxford Street, WC1, a 103,500 ft² ( ...

Hemfosa Fastigheter acquires 100% of previously half-owned property portfolio with a market value totaling €137 mln (SE)

Hemfosa acquires the remaining 50% of a portfolio of 26 commercial properties from Crown Nordic Management. The portfolio, which contains community-service properties, office and logistics properties ...

London remains the world’s most expensive office market (UK)

London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, acco ...

Kungsleden’s sale of Nordic Modular Group has been completed (SE)

Kungsleden’s divestment of 65% of Nordic Modular Group to Inter IKEA Investments has been completed after approval from the Swedish Competition Authority in accordance with the conditions communicat ...

Orchard Street acquires Trinity Trading Estate, Kent for €37.5 mln (UK)

Orchard Street Investment Management, the specialist commercial property investment manager, has completed the acquisition of Trinity Trading Estate, Sittingbourne, Kent for £29.25 mln (approx. € 3 ...

Cushman & Wakefield advised AXA Real Estate in the sale of Vander Elst office building in Leuven (BE)

Vander Elst is a landmark office building located Colonel Begautlaan, 1 in Leuven and developed by Ghelamco in 2013. The building is part of a greater project called Vaartkom comprising, in addition t ...

Union Investment acquires K2 Dolce, Luxembourg (LU)

A German Fund has sold K2 Dolce, a state-of-the-art office building located rue Borschette 2B-2C in the Kirchberg office district of Luxembourg, to Union Investment. CBRE advised the Seller. The purch ...

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