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Oberschneider sells stake in Estonian retail portfolio (EE)

Paul Oberschneider sold his remaining share yesterday (May 12, 2011) in the six retail centers he built in Estonia. The sale of his stake in the 75,160-m² property portfolio to his investment partner ...

Legal & General launches Hybrid Property Fund (UK)

Legal & General Property ('LGP') together with Legal & General Investment Management ('LGIM'), announce the successful launch of a new product, the Hybrid Property Fund (the 'Fund'), which off ...

Arminius acquires properties worth approx. €1 billion from Eurocastle (LU/DE)

Two investment vehicles run by Arminius Funds Management S.à r.l., as existing junior lenders, have acquired, as part of a loan restructuring, the controlling-majority stake in various SPVs holding 2 ...

CBRE appointed to manage British Airways' global estate

Global airline British Airways, one of the world's leading premium airlines, has appointed CB Richard Ellis (CBRE) to manage its 8.5 million-ft² (approx. 790,000 m²) global property portfolio, inclu ...

Cash buyer Topland completes landmark office purchase (UK)

Topland Group, one of the largest privately owned international investment groups, is pleased to announce it has completed the purchase of Cobalt Square, Hagley Road, Birmingham at a price of £3.8 mi ...

JLL: Inter-regional direct commercial real estate investment up 70%

Cross-border direct commercial real estate investment volumes reached US $37 billion (approx. €26 billion) in Q1 2011, up 25% from a year ago, according to the latest Global Capital Flows report from ...

Savills: Number of transacted residential units grows markedly with transaction volume rising slightly (DE)

A total of 45 residential packages comprising over 17,300 units changed hands in Germany throughout the first quarter of 2011 according to research by international real estate advisor Savills. The fi ...

Invista agrees major lease extensions (DE)

Invista European Real Estate Trust SICAF has agreed two major lease extensions on assets in Germany that account for 7.9% of the company's total rent roll. ...

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