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DEGI International purchases shopping center in Modena area (IT/DE)

Deutsche Gesellschaft für Immobilienfonds (DEGI) has acquired Il Borgogioioso shopping center, north of the city of Modena, for its DEGI International fund. DEGI acquired the shopping center from CMB ...

Castellum enters into Linköping (SE)

Castellum has, through wholly owned subsidiaries invested in four properties for €37 million (SEK 373 million) in Linköping.The properties are located in Mjärdevi Science Park and the letta ...

Teesland Advantage buys Birmingham retail park (UK)

Teesland Advantage Property Income Trust has acquired Trident Retail Park in Birmingham for €6.33 million (£4.57 mln.)The acquisition reflects a net initial yield of 3.38% and a net reversio ...

AMB appoints Jeroen Smit as vice president, asset operations Europe (NL)

AMB Property Corporation, a global developer and owner of industrial real estate, announces that its affiliate, AMB Property Europe B.V., has appointed European commercial real estate specialist Jeroe ...

Halladale disposes of Baytree Shopping Centre (UK)

Halladale Group Plc sells The Baytree Centre ("Baytree") in Brentwood, Essex, to property fund O Twelve Estates Ltd for €57.5 (£41.6 mln). The price reflects a net initial yield of 4.78 per ...

Intervest Offices divests five office buildings (BE)

Intervest Offices has obtained an agreement in principle to disinvest the office buildings Zaventem, Lozenberg 15/18/23 (Airway Park), Zaventem, Weiveldlaan 41 (Atlas Park), Leuven, Interleuvenlaan 15 ...

Successful closing of the ING Property Fund Central and Eastern Europe (PL)

ING Real Estate Investment Management (ING REIM) announces the closing of the ING Property Fund Central and Eastern Europe, an unlisted investment vehicle with an infinite lifetime, targeted investmen ...

AXA sells Winterthurs US operations to QBE Insurance Group for €920 million (US)

AXA has announced that it has reached an agreement with QBE Insurance Group for the sale of Winterthur's US operations for US$1,156 million (€920 million). In addition, Winterthur US ...

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