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Philippe Egger, CEO of AXA Winterthur to retire (CH)

After eleven years as Chief Executive Officer of AXA Winterthur, Philippe Egger, a member of AXA Group Executive Committee, has decided to retire. The Board of Directors of AXA Winterthur has appointe ...

Legal & General acquires South Normanton industrial units (UK)

Fineman Ross, advising on behalf of a private client, has sold two industrial units, totaling 127,527 ft² (approx. 11,847 m²), at Centre 28 in South Normanton, Derbyshire, to Legal & General Pro ...

Sorgente Group and Bizzi & Partners to join forces in the development of the ex Falck Area (IT)

Sorgente Group and Bizzi & Partners Development lay down the foundations for an alliance aimed at recovering and developing the ex Falck Area within Sesto San Giovanni according to a master plan d ...

Cornerstone acquires 40 Gracechurch Street in London for £94 million (UK)

Cornerstone Real Estate Advisers announced that it has purchased 40 Gracechurch Street, a Grade A office building in Central London, for £94 million (approx. €107.6 million) on behalf of a new sepa ...

Deutsche Asset & Wealth Management and Borletti Group sell Printemps department stores to Qatari investor (FR)

Deutsche Asset & Wealth Management, owner of 70% of French Printemps department stores, has agreed to sell its  stakes to a Qatari investor. The French luxury retail chain has been purchased ...

CBRE: European shopping center development grows 50% in 2013 - Turkey, Russia most active markets (EU)

An unprecedented 11.9 million m² of shopping center space is currently under construction in Europe, representing a 50% increase year-on-year (7.2 million m² in 2012), according to the latest resear ...

pbb Deutsche Pfandbriefbank to provide financing of €208 million for Deutsche Annington (DE)

pbb Deutsche Pfandbriefbriefbank has refinanced two real estate portfolios for Deutsche Annington. The entire loan volume of the transaction amounts to €208 million. The loan agreements were sign ...

GLA announces Mace and Essential Living JV as developer for £100 mln Elephant & Castle tower (UK)

The Mayor of London, Boris Johnson, has struck a ground-breaking deal that will see institutional investment used, for the first time in the UK, to build a large-scale residential rental development. ...

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