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UK government sells £371m King's Cross development stake to reduce deficit
blurry king's cross

The government announced the £371m (€491.7m) sale to AustralianSuper of its investment in the iconic King’s Cross development on Friday, 22 January 2016.   This multi-million ...

Cornerstone completes three industrial acquisitions totalling £28m (UK)
industrial

Cornerstone Real Estate Advisers Europe (Cornerstone), a subsidiary of Cornerstone Real Estate Advisers LLC, has announced the completion of three separate light industrial acquisitions with a ...

Hines acquires prime retail asset in Madrid for €39.5m (ES)
barcelona

Hines has acquired a prime retail asset in Madrid from Spanish real estate company Grupo Baraka for €39.5m.   The Gran Via 44 property comprises 900m² and is located on Gran Via, ...

Hammerson to acquire Grand Central, Birmingham, for €441m (UK)
grand central

Hammerson plc (Hammerson) has exchanged contracts with Birmingham City Council to acquire the new Grand Central shopping centre in Birmingham for £335m (€441m). Hammerson is in advanced ...

Catalyst acquires Paris office investments for €155m (FR)
atria paris

Catalyst Capital has acquired three high-quality office buildings in Paris Ile de France for a total of €155m.   Catalyst’s new European real estate fund, Catalyst European Property ...

AXA IM - Real Assets to acquire Tour First office tower in Paris-La Défense (FR)
paris

AXA Investment Managers - Real Assets (AXA IM - Real Assets) has announced the exchanging of contracts for the acquisition from BCSP CE Lux I Sarl and BCSP CE Lux III Sarl, affiliates of Beacon ...

Vacancy rates in Moscow shopping centres grow as retail sales decline (RU)
shopping centre image

According to JLL, vacancy rates on the Moscow retail market has reached 8.3%, increasing by .8 pp. in Q4 2015 and by 2.3 pp. year-on-year respectively. The availability has increased due to high ...

Kaufhaus des Westens to be renovated by OMA (DE)
oma model image thumb

OMA has been selected to renovate the historic Berlin department store Kaufhaus des Westens (KaDeWe). The department is the largest in continental Europe, first opened in 1907, the building has ...

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