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Citycon divests non-core properties to Cerberus Capital Management for €167m (FI)
Jyväskylän Forum

Citycon Finland Oy and Cerberus Capital Management announced that they have signed an agreement whereby Citycon will divest its shopping centres Espoontori, Tikkuri, Myllypuron Ostari, Martinlaakson ...

Corestate structures special fund for serviced apartments
Corestate capital

Corestate Capital Holding, a fully integrated real estate investment manager and co-investor based in Luxembourg, is structuring a serviced apartment fund with a target volume of at least €200m. ...

DLF and GIC enter into JV
DLF Emporio Vasantkunj New Delhi

DLF Ltd and GIC, Singapore’s sovereign wealth fund, have entered into a strategic partnership to develop a rental assets portfolio, under the consolidated portfolio of DLF Cyber City Developers ...

Multi announces departure of COO Heino Vink
multi

Multi Corporation announces that COO Heino Vink is leaving the company effective 1 September 2017.Over the last eighteen years, Heino Vink has held various leadership positions at Multi.  As ...

Patron Capital completes €1.95bn acquisition of Punch Taverns (GB)
Punch Taverns

Patron Capital, the pan-European institutional investor focused on property backed investments, has completed its acquisition of Punch Taverns. The deal, at 180 pence in cash per share, values the ...

Corpus Sireo acquires care and residential property in Potsdam (DE)
Heilig Geist Park

With the acquisition of the Heilig Geist Park retirement home in a top waterfront location in Potsdam, Corpus Sireo Real Estate is adding another attractive investment property to Corpus Sireo ...

Grosvenor partners with Central Working to create Belgravia co-working hub (GB)
Grosvenor Britain & Ireland

Grosvenor Britain & Ireland has confirmed the signing of shared workspace provider Central Working for Eccleston Yards — a new hub for creative enterprise and co-working in South ...

Aedifica acquires care residence in Zeist for €8m (NL)
Huize Hoog Kerckebosh

Aedifica Nederland, a 100 % subsidiary of Aedifica, acquired the full property of the site. The contractual value2 amounts to approx. €8m. The site was sold by a subsidiary of the Green group. ...

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