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Union Investment enters Finnish residential property market
Union Investment enters Finnish residential property market

Union Investment has entered the Finnish residential property market via the acquisition of Hyperion development project in Helsinki, purchased for open-ended real estate fund UniImmo: ...

Thorntons to close 61 stores, putting over 600 jobs at risk (GB)
Thorntons to close 61 stores, putting over 600 jobs at risk (GB)

British chocolatier and retailer Thorntons has announced that it will permanently close all 61 UK stores, putting over 600 jobs at risk. The company cited pandemic as a major cause ...

Sirius acquires Essen business park for €10.7m (DE)
Sirius acquires Essen business park for €10.7m (DE)

Sirius Real Estate has notarised the acquisition of a business park in Essen for €10.7m. Built between 1962 and 1963, the mixed-use business and industrial park offers 14,711m² of ...

Barings sells prime Paris office building (FR)
Barings sells prime Paris office building (FR)

Barings has sold 9 Rue du Helder, an office building in Paris, on behalf of a pan-European value-add real estate investment strategy for institutional investors, to a French institutional ...

BMO REP acquires two Travelodge hotels (GB)
BMO REP acquires two Travelodge hotels (GB)

BMO Real Estate Partners (BMO REP) has completed the acquisition of two newly developed Travelodge hotels. The two pre-let developments funded by BMO REP on behalf of a UK segregated mandate client ...

Valor acquires Crawley urban logistics estate (GB)
Valor acquires Crawley urban logistics estate (GB)

Valor Real Estate Partners has completed the acquisition of a 54,000ft² three-unit industrial estate in Crawley, adjacent to Gatwick Airport, from a fund managed by State Street. It ...

Legal & General to deliver UK’s first net-zero carbon retirement community
Legal & General to deliver UK’s first net-zero carbon retirement community

Legal & General has started on site to deliver its first operationally net-zero carbon (regulated energy) development  (“net-zero”), which will be the UK’s first ...

Eurocash acquires 49% stake in Arhelan retail chain (PL)
Eurocash acquires 49% stake in Arhelan retail chain (PL)

Eurocash has acquired 49% stake in Arhelan retail chain, which operates over 100 stores in north-eastern Poland. The investment in Arhelan is in line with the development strategy of the ...

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