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Union Investment agrees acquisition of Motel One 'Deutsches Museum' for new institutional hotel fund (DE)

The UII Hotel No. 1 thematic fund established by Union Investment on April 1, 2013 has secured its first property by signing a sale and purchase agreement for Motel One "Deutsches Museum" in Munich. ...

NSI sells two Dutch shopping centers for €26.2 million (NL)

The disposal of local shopping centers Kersenboogerd in Hoorn (6,700 m²) and Overwhere in Purmerend (5,600 m²) fits NSI’s strategy to divest assets of which the value potential has been optimized ...

JP Morgan leases five floors at the TaunusTurm project in Frankfurt (DE)

Tishman Speyer, one of the world’s leading real estate developers and owners, along with joint venture partner Commerz Real AG, today announced that J.P.Morgan has signed a lease for five floors at ...

NCC sells environmentally certified rental apartments to KPA Pension (SE)

NCC has sold three properties and a site leasehold, totaling 330 rental apartments in the municipalities of Stockholm, Sundbyberg and Järfälla, to KPA Pension for SEK 667 million (approx. €77 mill ...

The Carlyle Group to purchase Metropolitan Real Estate Equity Management (US/EU)

Global alternative asset manager The Carlyle Group announced that it has agreed to buy Metropolitan Real Estate Equity Management, LLC, a global manager of real estate funds of funds with more than $2 ...

Europa Capital sells Forum Steglitz, Berlin to Real I.S. (DE)

Europa Capital has agreed the sale of the Forum Steglitz shopping center to the institutional fund BGV V, a regulated real estate special fund under German investment law managed by Munich-based Real ...

Countrywide plc to acquire Lambert Smith Hampton (UK)

Countrywide plc announced today that a wholly owned subsidiary of Countrywide has entered into an agreement with Lambert Smith Hampton Acquisitions Limited, andSankaty European Investments Sarl (Sanka ...

IMMOFINANZ Group increases results of operations by nearly 9% in Q1 2013/14 (EU)

IMMOFINANZ Group continued its positive business development by generating sound operating results in the first quarter of the 2013/14 financial year. Rental income declined slightly to €161.4 mi ...

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