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Sponda to sell 12 logistics properties and its shares in real estate funds to Certeum Oy (FI)

Sponda Plc has signed a letter of intent for the sale of 12 logistics properties to a new logistics and industrial property investment company, Certeum Oy, for €216.7 million. The total debt-free sa ...

Unibail-Rodamco sells its 7.25% stake in Société Foncière Lyonnaise (FR)

Unibail-Rodamco reported that it has agreed to sell the 7.25% stake it owned in SFL to Qatar Holdings LLC for a total amount of €136.9 million corresponding to €40.6 per share (ex-dividend). The t ...

Union Investment acquires first solar park in France for infrastructure fund (FR)

Union Investment is continuing to expand the portfolio of its institutional infrastructure fund, which focuses on renewable energy sources in Europe. Following the five investments in onshore wind far ...

Invesco Real Estate selected to manage €533 mln of Value Add Assets for Doughty Hanson’s Funds (EU)

Invesco Real Estate (IRE) and Doughty Hanson & Co announced that terms have been agreed with IRE to take over the asset management of assets within Doughty Hanson’s value-add funds. This include ...

Building construction start of the largest shopping center in the Polish city of Bydgoszcz (PL)

The building construction of Zielone Arkady shopping center in the Polish city of Bydgoszcz will start today. This is the largest project of ECE Polska to date and the biggest shopping center of the c ...

AXA Real Estate commences construction of The Department in London (UK)

AXA Real Estate Investment Managers announced that it has received planning consent from Westminster City Council for a major mixed use redevelopment on Wilton Road, which will create 150,000 ft² (ap ...

British Land sells £78 million of Retail Parks (UK)

British Land announced the sale of two retail parks in Dumbarton and Cwmbran for £78 million (approx. €94.65 million): - St James Retail Park in Dumbarton has been sold to The Legal & Gene ...

HIPARK Résidences continues to develop with the launch of fifth tourism-classified residence (FR)

HIPARK Résidences, a top-of-the-range urban residence, is launching its fifth building on boulevard d’Indochine in the 19th district of Paris. The company’s first residence in Paris, Hipark Pa ...

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