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Redevco sells its entire Turkish business to Blackstone (NL/TR)

Redevco has agreed to sell its entire Turkish portfolio and management platform to affiliates of The Blackstone Group. The sale concerns three shopping centers: Gordion Shopping Center in Ankara, Erzu ...

Hansteen buys €26 million German logistics portfolio (DE)

Hansteen Holdings (LSE: HSTN), the UK and Continental property investment company, announces that it has completed the purchase of a portfolio of six logistics properties in Germany, from Dexus Funds ...

NSI completed the sale of 70% of the Swiss portfolio for CHF 94.5 million (NL/CH)

NSI N.V. (NSI) completed last week the sale of its Swiss office property Silvergate in Thalwil and its retail property Perolles Centre in Fribourg for a total amount of CHF 94.5 million (approx. €78. ...

Peab to build store for IKEA in Uddevalla (SE)

Peab has been commissioned to build a new department store for IKEA in Uddevalla. The customer is IKEA Properties Ltd and the contract amounts to SEK 292 million (approx. €33 million).The contract is ...

Skanska sells office property Bassängkajen in Malmö to Vasakronan (SE)

Skanska is selling the office property Bassängkajen in Malmö to Vasakronan. The deal was conducted as a corporate transaction in which the purchase consideration was calculated based on a property v ...

Savills instructed to sell Cork International Airport Hotel (IE)

International real estate advisor Savills has been instructed by receiver Grant Thornton to sell the 145-room Cork International Airport Hotel. The four-star hotel, located at Cork International Airpo ...

IPD announces winners of European Property Investment Awards 2012 (DE)

IPD last night presented the 19 winners of its European Property Investment Awards, during the Gala Dinner reception at its annual European Conference. The awards, presented by environmental guru and ...

CapMan sells Stockmann department store in Turku (FI)

The CapMan RE II fund will sell the Stockmann department store property at Yliopistonkatu 22 in Turku to Keva. This is the CapMan RE II fund's first exit and it will not impact CapMan Group's result f ...

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