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Dominant Swedish retail hub to undergo major refurbishment and extension (SE)

Swedish property developer and investor–AMF Fastigheter–has announced a significant revamp and 6,000 m² extension to Gallerian, central Stockholm’s leading shopping center at the heart of the S ...

NREP holds final close for the Nordics strategies fund at hard cap of €400 mln (EU)

Nordic Real Estate Partners (NREP) announce the final closing of their Nordic Strategies Fund (the Fund) at the hard cap of €400 mln (versus a €325 mln initial target). The Fund was mat ...

AXIARE invests €180 mln into four office properties and a retail warehouse (ES)

Axia Real Estate has acquired a property portfolio comprised of four office buildings located in highly sought-after areas of Madrid and Barcelona and a retail warehouse in Tarragona, in a transaction ...

Skanska builds office property in London for €250.6mln (UK)

Skanska has signed a contract with the WRBC Development UK Limited to build a major new European property at 52 Lime Street in the City of London, UK. The contract is worth €250.6mln, which will be ...

Topland sells Trafford Park L’Oreal warehouse for €70mln (UK)

Topland, headed by Sol Zakay, has sold two warehouses to Tritax Big Box REIT for a combined sum of £55.1 mln (approx. €70mln), reflecting a net initial yield of 6.9%. At Trafford Park in ...

Land Securities sells The Centre and Almondvale West Retail Park, Livingston for €284.25 mln (UK)

Land Securities announces the sale of The Centre and Almondvale West Retail Park, Livingston to HSBC Alternative Investments Limited as part of its Club Deal program, together with Hines acting as ass ...

Multi, Qubicon create Turkey’s largest mall owner and manager (TR)

Multi Corporation, one of Europe’s leading owners, redevelopers and managers of prime shopping centers, announces that Multi Turkey has joined forces with Qubicon, the retail real estate investor an ...

IHG accepts the offer to acquire InterContinental Paris - Le Grand for €330mln (FR)

InterContinental Hotels Group (IHG) announces that it has accepted the offer from Constellation Hotels France Grand SA, an affiliate of Constellation Hotels Holding Limited, to acquire InterContinenta ...

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