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HERMES Real Estate sells Festival Leisure Park to Valad Europe for €18.1 million (EU)

Hermes Real Estate has completed the sale of Festival Leisure Park, Stoke to the Valad European Diversified Fund for £14.5 million (approx. €18.1 million), reflecting a net initial yield of 7%. ...

CA Immo acquires shares of joint venture partner in Kontorhaus, Munich (DE)

CA Immo makes agreement with E&G Bridge Equity Fonds GmbH & Co. KG to increase shares in Kontorhaus office project in Munich’s Arnulfpark CA Immo has successfully increased its co ...

Mayfair Capital buys Barratt show homes (UK)

Mayfair Capital Investment Management, the UK real estate investment manager, today announces that its MC Property Growth Fund No. 2 has acquired a portfolio of show homes from Barratt Developments. ...

Skanska constructs residential houses in Stockholm, Sweden, for €42.64 million (SE)

Skanska has signed a contract with AB Stockholmshem to construct five houses in Stockholm, Sweden. The contract is worth about SEK 390 million (approx. €42.64 million), which will be included in ord ...

NCC to construct 150 new apartments for €31.14 million in Aarhus, Denmark (DK)

NCC has been commissioned by the project development company Bricks to construct 150 apartments in the new Frederiks Plads area in Aarhus, Denmark. The order is worth SEK 285 million (approx. €31.14 ...

IHG announces acquisition of Holiday Inn Kayseri, Düvenönü (TR)

InterContinental Hotels Group (IHG®), one of the world’s largest hotel companies, has announced the signing of Holiday Inn® Kayseri - Düvenönü. Operating under a franchise agreement with Ali Se ...

AXA Real Estate completes 18,500 ft² letting to Matalan on Oxford Street, London (UK)

AXA Real Estate Investment Managers, the leading real estate portfolio and asset manager in Europe, confirms that it has signed, on behalf of one of its clients, a new 15 year lease with Matalan, a ma ...

W.P. Carey acquires Scottish Trade Counter Portfolio (UK)

W. P. Carey Inc., a global net-lease REIT specializing in corporate sale-leaseback, build-to-suit financinig and the acquisition of single-tenant net-lease properties, announced today that CPA®:18 †...

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