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Savills predicts retail spend by Chinese visitors in London could double to £500m pa by 2020 (UK)

According to research from international real estate advisor Savills, the simplification of the visa process for Chinese visitors to the UK could see spend by this consumer group more than double by 2 ...

Joint venture led by Warimpex sells office towers in St. Petersburg (RU)

A joint venture between the Austrian real estate developer Warimpex (55%), CA Immo Group (35%) and UBM (10%) has negotiated and concluded a term sheet with a Russian pension fund for the sale of two o ...

Union Investment sells office property in Oslo (NO)

The Campus Nydalen office property in Oslo is changing hands. Union Investment originally acquired the building in 2006 for its institutional real estate fund UniInstitutional European Real Estate. Th ...

Prologis leases 700,000 ft² redevelopment in the Paris metropolitan area (FR)

Prologis, Inc. has leased a 702,000 ft² (approx. 65,200 m²) redevelopment in France to TRANSALLIANCE, a European logistics company and repeat customer. The facility is located at Prologis Park Moiss ...

Deka Immobilien acquires office and retail complex in Berlin (DE)

Deka Immobilien GmbH has acquired the building complex Hackesches Quartier Berlin for its open-ended property fund West InterSelect. The seller is a specialized real estate fund managed by IVG Institu ...

Corpus Sireo sells 344 apartments from its own portfolio (DE)

Corpus Sireo Asset Management Residential GmbH, Cologne, has sold all of the apartments at the "Am Beethovenpark" complex in Cologne-Sülz. The last of a total of 344 apartments and six commercial uni ...

Clearbell acquires Docklands office buildings with Morgan Stanley AIP (UK)

Clearbell Capital LLP, a leading private real estate fund management business and Morgan Stanley Alternative Investment Partners Real Estate (“Morgan Stanley AIP Real Estate”) have purchased the c ...

Development Securities acquires portfolio of five office properties in North London for £17.5 million (UK)

Development Securities has completed the acquisition of a portfolio of five office properties for £17.5 million (approx. €21.3 million) as referenced in its most recent interim management statement ...

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