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HB Reavis sells London development to major US bank Wells Fargo (GB)
London skyline thumbnail | Daniel Chapma

In one of the largest single office deals in the City of London market this year, international real estate developer HB Reavis is selling 33 Central to Wells Fargo, the third largest bank in the ...

Capital Bay purchases mansion in Magdeburg (DE)
Magdeburg Thumbnail | Carla Roca Oporto

The Berlin-based company Capital Bay GmbH (Capital Bay) has acquired a historic mansion and an adjoining building in Magdeburg as part of an asset deal. The seller of the two properties located in a ...

Grosvenor Europe enters Madrid real estate joint venture with Malaysian firm (ES)
Madrid Photo Thumbnail | Jean-Pierre Dalbéra

Grosvenor Europe, one of the four operating companies of the privately-owned international property group, Grosvenor Group Limited, has agreed a €70m joint venture with Malaysian publicly ...

90 North completes sixth European acquisition (NL)
Building Thumbnail

90 North Real Estate Partners (“90 North”) has advised on the acquisition of the newly constructed global headquarters of Heerema Marine Contractors (HMC) in Leiden, the Netherlands, for ...

Madrid office take-up rises 26% in Q2 2016 (ES)
madrid

The take-up of office floor space in Madrid reached 110,000m² during the second quarter, representing an increase of 26% on the figure for the same period during the previous year. The barrier ...

Vacancy rate in Moscow shopping centres remained at 8% in Q2 2016 (RU)
moscow

According to JLL estimates, 180,000m² of quality shopping centre space was completed in Moscow in Q2 2016, comprising Riviera SC (100,000m²) and Riga Mall (80,000m²). Still, total ...

UK & European Investments acquires Debenhams in Stratford-upon-Avon (GB)
Stratford-upon-Avon Picture Thumbnail | Firipu

UK & European Investments (“UK & European”) has acquired the Debenhams department store in Stratford-upon-Avon for €15.1 (£12.6m), reflecting a sub 6% yield. The deal ...

Genesta acquires office property in Helsinki (FI)
Fabianinkatu Property Thumbnail

Genesta acquires the office property Fabianinkatu 9 on the fringe of the Helsinki CBD from Metso Oyj on behalf of its fund GNRE Fund II. The purchase price for the 8,000m² property is ...

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