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CBRE GI sells logistics building in Straubing (DE)
CBRE GI sells logistics building in Straubing (DE)

CBRE Global Investors has sold the Europaring 11 logistics building in Straubing in south-western Germany to Savills Investment Management fund. The 36,500m² asset was originally built as a ...

Newcore launches €29.2m self-storage venture (GB)
Newcore launches €29.2m self-storage venture (GB)

Newcore Capital Management is entering the self-storage sector through a strategic relationship with established self-storage operator Engage Management Services. Newcore is committing an ...

Radisson Collection debuts in Sochi (RU)
Second Russian hotel joins Radisson Collection

Radisson Hotel Group has announced that one of its flagship hotels – the Radisson Blu Paradise Resort and Spa, Sochi in Russia – has embarked upon a new chapter as part of ...

Queensgate Investments acquires four Grange Hotels for €1.17bn (GB)
Queensgate Investments acquires four Grange Hotels for €1.17bn (GB)

Queensgate Investments has completed the acquisition of the Grange St Paul’s EC4, Grange Tower Bridge E1, Grange City EC3, and Grange Holborn WC1 for circa €1.17bn (£1bn). The ...

UBS AM acquires Seven Hills Business Park for €17.5m (GB)
UBS AM acquires Seven Hills Business Park for €17.5m (GB)

UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business, acting through Triton Property Fund has, by way of a forward commitment, acquired Seven Hills Business Park, in ...

Mega Image acquire Zanfir supermarket chain in Romania
Mega Image acquire Zanfir supermarket chain in Romania

Mega Image has agreed to acquire Zanfir, a supermarket chain in the Vrancea region in eastern Romania. The transaction, which has been approved by the Romanian Competition Council, will further ...

URW, PSP Investment and QuadReal team up for €750m PRS scheme (GB)
URW, PSP Investment and QuadReal team up for €750m PRS scheme (GB)

Unibail-Rodamco-Westfield has signed a conditional agreement with a wholly owned subsidiary of the Canadian public pension fund the “Public Sector Pension Investment Board” (PSP ...

Moscow City office vacancy rate to stay at 7-9% (RU)
Moscow City office vacancy rate to stay at 7-9% (RU)

According to JLL, the high demand for offices, including government sector, has led to a reduction of the vacancy rate by two thirds during 2016-2018, to 7.3%. Although the announced completions in ...

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