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Silic merges with Icade (FR)

Last week the respective extraordinary shareholders’ general meetings of Silic and Icade approved the merger of Silic into Icade, on the basis of an exchange ratio of 5 Icade shares to 4 Silic share ...

Happy Holidays!

Europe Real Estate (REP) wishes you a Merry Christmas and a prosperous and successful 2014! During our Christmas holiday (23rd December 2013-2nd January 2014) our newsletter service will be interru ...

Philips Pension Fund and Deka complete the largest real estate transaction in the Netherlands in 2013 (NL)

Philips Pension Fund and Deka Immobilien GmbH have agreed on the sale of Symphony Offices at the Gustav Mahlerlaan, Amsterdam. The building is sold for circa €215.1 million, making it the largest re ...

Wainbridge completes £114 million acquisition of 11-15 Grosvenor Crescent for high-end residential redevelopment (UK)

Wainbridge Limited announced that, on behalf of Wainbridge Estates Belgravia Limited, it has completed the acquisition of 11-15 Grosvenor Crescent from Grosvenor for £114 million (approx. €136.7 mi ...

Hercules Unit Trust sells shopping park in Hayle for £26 mln (UK)

Hercules Unit Trust has sold the West Cornwall Shopping Park in Hayle to IM Properties for £26 million (approx. €31.2 million), reflecting a net initial yield of 5.4%. The 50,000 ft² (approx. 4 ...

Karlin Real Estate adds to UK portfolio with industrial and office buy (UK)

Karlin Real Estate has added to its UK commercial portfolio with the acquisition of a distribution building in Ellesmere Port and an office building in Solihull in transactions totaling approximately ...

Hammerson and Aviva sell Queensgate Shopping Center to Invesco for £202 million (UK)

Hammerson plc and Aviva Investors, who own Queensgate Shopping Centre in Peterborough in a 50:50 joint venture, have exchanged contracts to sell the freehold of the center to Invesco Real Estate for  ...

GRI gathers Turkey real estate leaders in Istanbul (TR)

150+ leading investors, developers and lenders active in Turkey will get together on 13-14 January for the Global Real Estate Institute’s annual Turkey GRI meeting. The event is the GRI’s 6th inst ...

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