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Benson Elliot moves into Italy with investments in Rome and Udine (IT)

Benson Elliot, the UK-based private equity real estate fund manager, has acquired Via Aurelia 278 in Rome and Terminal Nord in Udine (northern Italy) through the acquisition of 100% of the units in fu ...

HEMA opens first Spanish store in Madrid (NL/ES)

Yesterday, HEMA opened its first Spanish store on Calle Fuencarral in Madrid. Following the success of its stores in Paris, Bordeaux and Marseilles, HEMA's new Spanish branch demonstrates that HEMA is ...

PATRIZIA gains leading Asian investor for UK investment (UK)

PATRIZIA Immobilien AG raised equity capital of more than €2.4 billion for its European activities from leading international investors in 2013. This trend is continuing in 2014. The Korean Teachers ...

LSR Group acquires new project in St. Petersburg (RU)

LSR Group acquires a large land plot of 175 hectares, on the territory of the former “Rzhevka” airfield near St.Petersburg, to build around 1 million m² of housing. The land plot is located in ...

British Land signs new £785 million Revolving Credit Facility and closes £200 million US Private Placement (UK)

British Land announced the signing of a new unsecured Revolving Credit Facility at £785 million (approx. €949,3 million) with a syndicate of 14 banks. The Facility has a maturity of five years whic ...

The Co-operative Group and Hermes Real Estate announce new joint venture to deliver NOMA (UK)

The Co-operative Group has named Hermes Real Estate as its joint venture partner on the UK’s biggest regional redevelopment project, the £800 million (approx. €967.4 million) NOMA scheme in Manch ...

HSH Nordbank refinances two office properties in Frankfurt (DE)

HSH Nordbank is providing an American investment firm with €95.25 million to refinance two office properties with total floor space of 58,000 m². The single-tenant property in the Merton distric ...

CBRE: Global shopping center development rises to 39 million m²

A total of 39 million square meters of shopping center space is currently under construction across the world’s major cities, representing a three million m² increase from 2013, according to the la ...

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