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Azora raises €680m for new European hotel fund (ES)
Azora raises €680m for new European hotel fund (ES)

Azora has raised €680m for the launch of a new fund Azora EH&L, €80m above the Fund’s initial €600m target. With a hard cap of €750m, the Fund has an implied ...

Swiss Life acquires Glatt shopping centre (CH)
Swiss Life acquires Glatt shopping centre (CH)

Swiss Life is taking over the Glatt shopping centre in Wallisellen from the Federation of Migros Cooperatives (FMC). The new owner wants to continue the management of the shopping centre ...

CLS Holdings sells Hamburg office property for €36.4m (DE)
CLS Holdings sells Hamburg office property for €36.4m (DE)

CLS has exchanged contracts to sell Albert-Einstein-Ring 17-21 in Hamburg for €36.4m excluding costs. The property was acquired by CLS in 2017 as part of the Metropolis portfolio ...

Spar expands its Italian portfolio
Spar expands its Italian portfolio

Maiora, SPAR Italy Partner for the Centre and South of Italy, has opened a new INTERSPAR Hypermarket and two new EUROSPAR Supermarkets in Abruzzo, a key strategic region for the retailer. These store ...

Union Investment Real Estate appoints Michael Butter as future CEO
Union Investment Real Estate appoints Michael Butter as future CEO

Union Investment Real Estate is reinforcing its senior leadership team by bringing on board Michael Butter (50), a respected real estate manager with many years of industry experience. As part of the ...

IHG opens Europe’s largest Holiday Inn Express in Amsterdam (NL)
IHG opens Europe’s largest Holiday Inn Express in Amsterdam (NL)

IHG® Hotels & Resorts has announced the opening of Holiday Inn Express® Amsterdam – North Riverside, the largest Holiday Inn Express® in Europe. Located ...

Galliford Try secures €55m London office renovation project (GB)
Galliford Try secures €55m London office revamp (GB)

Galliford Try has announced that its Building London business has reached an agreement with Arax Properties for a major new refurbishment contract. The scheme, worth in excess of ...

AviaRent invests in German healthcare market
AviaRent invests in Bavarian healthcare market (DE)

AviaRent has acquired a portfolio of 3 specialist clinic properties in Bavaria for its open-ended special fund. The purchase price was not disclosed.   The Oberberg Fachklinik Scheidegg, ...

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