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Legal & General Property acquires the Ocean Portfolio and Fradley Park, Litchfield for €286 mln (UK)

The transaction was conducted jointly on behalf of Legal & General’s £1.7 bln (approx. €2.1 bln) UK Property Fund and its £1.2 bln (approx. €1.5 bln) Industrial Property Investment Fund. ...

NAB sells €1.5 bln portfolio of UK commercial real estate loans (UK)

National Australia Bank is to sell an additional €1.5 bln parcel of higher risk loans from its UK Commercial Real Estate portfolio to an affiliate of Cerberus Global Investors (Cerberus). As a resul ...

AXA Real Estate acquires two assets in Madrid and Rome for €114 mln (EU)

AXA Real Estate Investment Managers SGP, an affiliate of AXA Real Estate Investment Managers, announces that it has completed the acquisition of two separate assets in Southern Europe, located in Madr ...

Meyer Bergman makes acquisition in Norway with a purchase in Central Oslo for €30 mln (NO)

Meyer Bergman’s second value-add retail real estate investment fund has acquired a mixed-use building in central Oslo for approximately €30 mln from a venture between Søylen and Madison Internati ...

IHG signs two InterContinental® Hotels in Europe

InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, today announced the signing of two InterContinental Hotels in two focus markets in Europe. InterContinental® Dubli ...

Lilien Carré shopping center in Wiesbaden is sold (DE)

The insolvency administrator of the owner of the “Lilien Carré” shopping center in Wiesbaden, Germany, Mr. Hans-Wilhelm Goetsch, has sold the entire property, consisting of a shopping center, a ...

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 ...

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