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Urban Exposure and LetterOne complete £169 mln financing of Belgravia scheme (UK)

Urban Exposure and LetterOne have signed an agreement to jointly fund the acquisition by Wainbridge of 11-15 Grosvenor Crescent from the Grosvenor Group for £114 million (approx. €137.2 million), a ...

JLL: New UK and EMEA headquarters (UK)

Jones Lang LaSalle will move out of Hanover Square and relocate to 30 Warwick Street, its new UK and EMEA headquarters. With the change of address, JLL will have the opportunity to occupy the whole of ...

TAG Immobilien AG sells three assets from its commercial portfolio (DE)

TAG Immobilien AG sold a large office building in Munich with a total area of approx. 20,000 m², along with two other properties from its commercial portfolio. The office building located in St.-M ...

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 ...

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