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British Land and Tesco fully pre-let extension at Clifton Moor Shopping Park (UK)

British Land and Tesco announced that they have fully pre-let the new £19 million (approx. €24 million) extension at Clifton Moor Shopping Park in York, increasing the occupancy and value of the pa ...

Hermes Real Estate sells three mixed-use business parks for €538 mln to Oaktree and Patrizia joint venture (UK)

Hermes Real Estate has exchanged on the sale of three MEPC mixed use parks for £430 million (approx. €538 million) at an initial yield of 7.3%. Funds managed by Oaktree Capital Management, L.P. ("O ...

M&G purchases South Wales premier retail park for €190.5 million (UK)

M&G Real Estate announced the acquisition of Parc Trostre, Llanelli for £156 million (approx. € 190.5 mln), reflecting a net initial yield of 5.07%. This off market transaction was made on beh ...

Allianz buys Isartor City in the heart of Munich (DE)

Allianz has purchased the Isartor City office and retail property in the center of Munich. The property, which is home to shops, restaurants, a large cinema complex and offices, is located in the imme ...

AFI Europe leases 100% of the office space in AFI Park 3 with the leasing of 6,000 m² to TELUS International Europe (RO)

AFI Europe Romania completed the leasing of the first three office buildings in the AFI Park project with the signing of a 6,000 m² preprelease agreement in AFI Park 3 with TELUS International Europe ...

GRI Europe Summit gathers real estate investment leaders in Paris in September

450+ senior level institutional real estate investors, lenders, developers and financiers will gather in Paris on 17-18 September for the 17th annual GRI Europe Summit. It is still possible to registe ...

The Crown Estate and Norges Bank Investment Management buy Church Commissioners holding in Pollen Estate for €477.6 mln (UK)

The Crown Estate, in partnership with Norges Bank Investment Management (NBIM), have purchased from the Church Commissioners for England their 64.2% holding in the Pollen Estate, for £381 mln (approx ...

Eurosic and SIIC de Paris announce the signing of €500 million sale agreements (FR)

The initial sale agreement focused on the building owned by Eurosic Grand Seine, with office area space of 21,600 m². The transaction amounted to €183.1 million, equal to the appraised value of Jun ...

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