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Invel Real Estate buys into National Pangaea REIC for €653 million (NL/GR)

National Bank of Greece has announced that it signed with Invel Real Estate (Netherlands) II BV for the sale and transfer of a 66% stake in subsidiary National Pangaea REIC at current valuations (NAV) ...

Henderson secures c. £100 million debt finance for UK Shopping Centre Fund (UK)

Henderson Global Investors has secured c. £100 million (approx. € 119.7 million) debt finance on behalf of its UK Shopping Centre Fund. The 5 year facility has been provided by RBS at an all in cos ...

TIAA-CREF and CNP Assurances announce JV to invest in German retail properties (DE)

TIAA-CREF, today announced a joint venture with CNP Assurances, a leading French insurance company, to co-invest in three retail properties in Germany. The portfolio has a gross value of $1.2 billi ...

Sonae Sierra distinguished at the MAPIC Awards for its activity in Brazil (BR/PT)

Sonae Sierra has received the Retail Rising Stars award at the International Retail Property Market (MAPIC) Awards 2013, that distinguish retail companies that developed iconic shopping centers in BRI ...

Helical Bar purchases £21mln office building in Shoreditch (UK)

Helical Bar today announces that it has committed to forward purchase a new 43,000 ft² (NIA) office building on Clifton Street, Shoreditch, London EC2 for £21 million. The Company will complete the ...

Hammerson has signed Sports Direct for 17,000 ft² flagship store (UK)

Hammerson has signed Sports Direct for a flagship 17,000 ft² UK store at its newly refurbished Monument Mall retail scheme in Newcastle. The letting will see Sports Direct, the sportswear retail cha ...

PATRIZIA buys plot for €300 million Munich project (DE)

PATRIZIA Immobilien AG has acquired an additional plot in the Obersendling district of Munich at the former Siemens location. The area covering around 29,000 m² on Hofmannstrasse previously belonged ...

DreiEins office and commercial building in Düsseldorf sold for €15 mln (DE)

The HOCHTIEF Projektentwicklung and INTERBODEN Innovative Lebenswelten joint venture has sold the DreiEins office and commercial building at the le flair residential urban development in Düsseldorf t ...

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