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Accor revenues down 5.5% in Q1 2014

Accor reported yesterday that it achieved €1.135 billion revenue in Q1 2014, down 5.5% from €1.23 billion reported last year at the same period. At comparable scope of consolidation and exchange r ...

Union Hanover acquisition enables first Urban Villa to begin trading In November at GWQ In West London (UK)

Union Hanover Securities will have its first extended-stay Urban Villa hotel trading in November after it acquired 100 serviced apartments from Barratt London at its Great West Quarter (GWQ) scheme in ...

Cofinimmo sells Montoyer 14 building in Brussels for €13 million (BE)

Cofinimmo announces today the closing of an agreement concerning the disposal of a long lease on the Montoyer 14 building, for a period of 99 years. The disposal amounts to €13 million, which is ...

Carrefour launches Carmila and acquires 126 sites from Klépierre for €2.0 bln (FR)

Carrefour and its co-investment partners announce today the creation of CARMILA, a company dedicated to enhancing the value of the shopping centers adjacent to Carrefour hypermarkets in France, Spain ...

German investor purchases Dutch residential portfolio (DE/NL)

The German investor BNP Paribas REIM Germany recently purchased 265 residential units from Amvest, located in the Dutch towns of Hoofddorp, Almere, Barendrecht and Zoetermeer. The units were acquired ...

AXA Real Estate secures a €485 million investment mandate (DK)

AXA Real Estate Investment Managers SGP, an affiliate of AXA Real Estate Investment Managers announced that it has been appointed as investment manager for the Kronborg limited, a new €485 million c ...

Union Investment acquires ITO + SOM office complex in Amsterdam from Commerz Real for €244 mln (NL)

The ITO + SOM complex in the Zuid business district of Amsterdam, comprising approximately 51,980 m² of office and retail space, has a new owner. Union Investment has acquired the modern building ens ...

Grainger acquires London residential portfolio for £160 mln (UK)

Grainger plc, announced the acquisition of a tenanted residential property portfolio in London for £160 million (approx. €204.45 million) from Property Investments (Chelsea) Limited. The purchase p ...

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