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MIPP acquires a portfolio of Wickes units for £28.0 million (UK)

LondonMetric announced that the Metric Income Plus Limited Partnership (“MIPP”), its £150 million joint venture with Universities Superannuation Scheme (“USS”), has exchanged contracts to acq ...

Altrincham town center regeneration scheme gets the go ahead (UK)

Nikal has submitted their planning application to regenerate Altrincham town center. The £70 million Altair scheme is situated on the land located between Tesco and Altrincham Leisure Centre, adja ...

Helical Bar acquires multi-sector portfolio for £50 million (UK)

Helical Bar has exchanged contracts to acquire the Quartz Portfolio, comprising 10 regional properties, from overseas private clients of Jones Lang LaSalle for ca. £50 million (approx. €59.5 millio ...

Cordea Savills buys IBM headquarters in London for £120 million from Amsprop (UK)

Cordea Savills, the international property investment manager, has purchased the IBM Building, Upper Ground in London SE1 for £120 million (approx. €143 million) on behalf of a private family offic ...

The North Face opens its first flagship store in Paris (FR)

In line with its development strategy in France, The American brand, The North Face, has signed the opening of its first flagship store in Paris with an area of 262 m² to 115 Boulevard Saint Germain ...

AXA Real Estate starts construction of new unique office campus in Paris (FR)

AXA Real Estate announced that it has commenced construction of the first phase of a major new 86,000 m² office development in Paris. The project is being undertaken on behalf of Development Venture ...

SIGNA takes over 75.1% stake in Karstadt Premium Group and Karstadt Sports. (AT/DE)

SIGNA announced that it is taking over 75.1% of the Karstadt Premi-um Group business and 75.1% of the Karstadt Sports business. The German Competition Authorities (Bundeskartellamt) will have to autho ...

South Korean NPS and Hines purchase Siemens-Forum in Munich for €160 million (DE)

According to reports on the German press, Siemens-Forum in Munich, built by New York architect Richard Meier and located at the Oskar-von-Miller-Ring has changed hands. For the first time in hist ...

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