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Marriott International and Starwood Hotels & Resorts Worldwide merge to create world's largest hotel company
marriott

Marriott International, Inc. and Starwood Hotels & Resorts Worldwide, Inc. have announced that the boards of directors of both companies have unanimously approved a definitive merger agreement ...

Union Investment acquires Holiday Inn Warsaw – City Centre from UBM (PL)
holiday inn warsaw

Union Investment has secured the Holiday Inn Warsaw – City Centre development project for its open-ended real estate fund Unilmmo: Deutschland. A corresponding forward purchase agreement was ...

Deka Immobilien acquires The Bank in Amsterdam for €275m (NL)
the bank

Deka Immobilien GmbH has purchased The Bank in Amsterdam for a price of approximately €275m. The mixed-use property is being acquired for the portfolio of the open-ended real estate mutual fund ...

Greenman Investments acquires retail centre in Datteln (DE)
datteln

Irish real estate investment manager Greenman Investments has acquired a €26.4m hybrid centre in Datteln, Germany for its Greenman Retail+ fund. The seller of the property in Datteln is a joint ...

pbb Deutsche Pfandbriefbank finances EPISO 3 retail park acquisition (UK)
shopping

pbb Deutsche Pfandbriefbank has provided a medium-term acquisition facility for a total of £28m (€39.9m) to European Property Investors Special Opportunities 3, L.P. The loan is intended ...

Castellum acquires property in Hyllie for SEK 327m (SE)
Mässhallen 2 image

Castellum AB has acquired the property Mässhallen 2 in Hyllie, one of Malmö's main growth markets, through its wholly owned subsidiary Fastighets AB Briggen. The property has a total area ...

Best performing outlet centres in Europe announced in new report
retail image thumb

The results of the latest ‘Factory Outlet Centre Performance Report Europe 2015’ by ecostra and Magdus have been released. The report is published as an annual update by ecostra now for ...

Michael Kors set to open its first store in Gothenburg (SE)
michael kors image thumb

Michael Kors is planning to open its first store in Gothenburg in 2016 – on the corner of Fredsgatan and Södra Hamngatan – in one of Hufvudstaden’s properties. Michael Kors ...

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