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Aareal Bank Group acquires commercial property finance provider (DE)

Aareal Bank Group acquires all of the shares of Corealcredit Bank AG, specializing in commercial property financing in Germany. A corresponding sale and purchase agreement was concluded last month wit ...

Commercial property investment in London hits six-year high (UK)

Overseas capital continues to pour into London commercial real estate as volumes hit nearly £20 billion (approx. €24.1 billion) Investment volumes for 2013 reach £19.9 billion (approx. €23.98 ...

Lloyds Bank and Citi fund £325 mln MediaCityUK Senior Loan Facility (UK)

Lloyds Bank Commercial Banking and Citi announced the completion of a £325mln jointly underwritten senior loan facility to a borrowing entity, owned and operated by the Peel Group. The facility refi ...

Corio sells four properties for €104.0 mln in France (FR)

In line with its strategy, Corio has sold four retail properties in France for a total amount of € 104.0 million in December 2013 to one buyer. The disposals concern Quais d’Ivry in Paris (GLA 32, ...

Helical Bar secures circa £100 mln refinancing of office and retail assets with pbb Deutsche Pfandbriefbank (UK)

Helical Bar announced that it has secured a new circa £100 million (approx. €120.7 million) five year debt facility from pbb Deutsche Pfandbriefbank, refinancing £46 million (approx. €55.5 mil ...

Londonmetric creates £175 million joint venture to acquire portfolio of 27 DFS assets (UK)

LondonMetric announced that it has exchanged contracts to acquire a portfolio of 27 DFS assets from the administrators to Delphi Properties Limited for a purchase price of £175.0 million (approx. € ...

C&R increases stake in The Mall Fund to 29.26% (UK)

Capital & Regional, announced that it has agreed the acquisition of a total of 30.689 million units in The Mall Shopping Centre Fund ("The Mall Fund"), increasing the Group's holding from 26.0% to ...

SEB ImmoInvest sells Lille office property for €20.6 million (FR)

SEB Asset Management has sold the EuroCentre office property in Lille on behalf of its openended real estate fund, SEB ImmoInvest to an institutional investor from France. The selling price achieved i ...

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