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Formart starts construction of 271 condominiums in Berlin-Mitte (DE)

As planned, formart GmbH & Co. KG, one of Germany’s leading residential real estate developers, has started construction of its project “The Mile!” at Chausseestrasse 37 in Berlin-Mitte. ...

Orchard Street secures €60 mln financing facility from pbb Deutsche Pfandbriefbank (UK)

Orchard Street Investment Management, the specialist commercial property investment manager, has entered into a new £47.75 mln (approx. €60 mln) five year term loan with pbb Deutsche Pfandbriefbank ...

IHG agrees to acquire Kimpton Hotels & Restaurants to create the world's largest boutique hotel business (EU/US)

IHG has agreed to acquire Kimpton Hotels & Restaurants for € 344.7 mln in cash. Kimpton is the world’s largest independent boutique hotel operator and a sophisticated food and beverage operato ...

Hines acquires Parque Industrial Tecnologico II, Guadalajara, Mexico from Union Investment (EU/MX)

Hines, advised by international real estate advisor Savills, has acquired Parque Industrial Tecnologico II in Guadalajara, Jalisco, Mexico from Union Investment for an undisclosed price. The 120,770 m ...

Lee, Wrangler, Vans and The North Face open first outlet stores in FASHION HOUSE Outlet Centre Moscow (RU)

VF Corporation, the owner of LEE, Wrangler, Vans and The North Face brands, has chosen FASHION HOUSE Outlet Centre Moscow as the location for its first outlet stores in Russia. They will occupy a tota ...

SEGRO sells €144 mln portfolio of UK industrial estates (UK)

SEGRO plc announces the disposal of a portfolio of six UK industrial estates to Orchard Street Investment Management for £113.8 mln (approx. €143.9 mln). The portfolio generates a passin ...

Meyer Bergman Managed Fund acquires shopping center in Czech Republic’s Hradec Králové for €87.6 mln (CZ)

A value-add fund advised by Meyer Bergman, the pan-European retail-focused real estate investment manager, has acquired Futurum Hradec Králové shopping center in the Czech Republic for €87.6 mln. ...

Orchard Street acquires 4 Hardman Square, Manchester, for €39 mln (UK)

Orchard Street Investment Management, the specialist commercial property investment manager, has completed the acquisition of 4 Hardman Square, a prime office development in Manchester’s Spinningfie ...

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