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Klépierre signs a €750 million syndicated revolving credit facility (FR)

Klépierre announces it has signed a €750 million syndicated revolving credit facility leading to a 1-year extension of the average maturity of available credit lines through partial replacement of ...

Vacant dutch office stock converted to student housing as demand rises (NL)

Savills latest student housing report for the Netherlands highlights that investors are increasingly refurbishing vacant office buildings into student accommodation, simultaneously addressing the Neth ...

Successful placement of a €700 million bond for Unibail-Rodamco (FR)

Unibail-Rodamco SE announces that it has successfully placed a 10-year bond maturing June 2023 for a total amount of €700 million. The bond will offer a fixed coupon of 2.50%. The placement was 1 ...

W. P. Carey acquires Cargotec Campus in Finland for €40 mln (FI)

W. P. Carey Inc. announced today that it has acquired the research and development and class-A office facilities of Cargotec Corporation in Tampere, Finland, which are subject to a 20-year triple-net ...

The Sungate Trust buys 40% of the General Motors Building in the largest New York investment sale since 2008 (US)

The Sungate Trust, formed for the benefit of the family of Ms. Zhang Xin, and M. Safra and Co., Inc., the New York-based investment firm of the Safra family, have purchased a 40% stake in the General ...

AXA Real Estate acquires the Bodio Center business park in Milan (IT)

AXA Real Estate Investment Managers announces that it has acquired on behalf of a client, two prime office buildings, totaling 24,000 m², as well as two retail buildings, totaling 4,000 m², at the B ...

Valad Europe to redevelop and extend Centrum Janki shopping center, Warsaw (PL)

Valad Europe is to redevelop and extend Centrum Janki shopping center in the southern part of Warsaw. The €60 million redevelopment, expected to begin in Q2 2014 with a target completion date of ...

Simon Property and McArthurGlen form joint venture for European designer outlets (EU)

Simon Property Group, Inc. and McArthurGlen Group announced today that they have signed a definitive agreement to form a joint venture through which SPG will invest in McArthurGlen, the leader in upsc ...

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