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Anbang Insurance Group withdraws $14bn Starwood Hotels bid
sheraton

China’s Anbang Insurance Group Co has announced they have abandoned their $14bn bid to acquire Starwoods Hotels & Resorts Worldwide Inc, clearing the way for Marriott International Inc to ...

Kungsleden divests three properties in Köping and Norrtälje (SE)
stockholm

Kungsleden AB has divested the Midgård 12 property in Köping as well as the Handelsmannen 1 and Storsten 2 properties in Norrtälje. The total sales price amounts to SEK97m ...

Political unrest and oil concerns drive Middle Eastern real estate investors to UK
investment

Increased geopolitical unrest and low oil prices are having an effect on the UK, driving private Middle Eastern investors towards property assets, according to JLL.   “The trend first ...

Torus finalises sale of Alchemia office complex Phase II in Gdańsk (PL)
alchemia

Torus has finalised the sale for Phase II of the Alchemia office complex in Gdańsk with PHN SPV 33, a subsidiary of the Polski Holding Nieruchomości (PHN) Group. The value ...

Resolution Property submits planning for Notting Hill canal-side site acquisition (UK)
notting hill

Resolution Property has submitted a planning application for the transformation of a 0.6 acre canal-side site in London’s Notting Hill district. Resolution acquired the site last year for close ...

CTP begins construction of Bucharest logistics facility (RO)
logistics

CTP has begun construction on a 30,000m² facility in CTPark Bucharest West, 15,000m² of which is already leased to logistics company OTZ.   CTP purchased CTPark Bucharest ...

BREEAM and LEED sustainable building standards to update in 2016
sustainable

According to BuildGreen, the Romanian sustainable building consultant, 2016 brings major changes in the certification of sustainable buildings across the globe as the most frequently used ...

Rockspring’s PanEuropean fund invests in Dutch logistics development (NL)
venlo

Rockspring Property Investment Managers LLP, on behalf of its PanEuropean PLP fund, has acquired a logistics warehouse development in Venlo, the Netherlands, from a prominent local developer, Van Den ...

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