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AXA IM - Real Assets acquires prime residential scheme in Madrid (ES)
AXA IM - Real Assets acquires prime residential scheme in Madrid (ES)

AXA Investment Managers - Real Assets, acting on behalf of clients, has acquired by way of a forward purchase, a 135-unit residential development in central Madrid, from Acciona Inmobiliaria. ...

The first open-air outlet village to open in Cyprus in 2020
The first open-air outlet to open in Cyprus in 2020

An open-air outlet named “Neo Plaza” is expected to open its doors in Spring 2020 just a few short miles west of Nicosia, Cyprus. The works on the 10,000m² scheme, that ...

Newcore launches €29.2m self-storage venture (GB)
Newcore launches €29.2m self-storage venture (GB)

Newcore Capital Management is entering the self-storage sector through a strategic relationship with established self-storage operator Engage Management Services. Newcore is committing an ...

Radisson Collection debuts in Sochi (RU)
Second Russian hotel joins Radisson Collection

Radisson Hotel Group has announced that one of its flagship hotels – the Radisson Blu Paradise Resort and Spa, Sochi in Russia – has embarked upon a new chapter as part of ...

Queensgate Investments acquires four Grange Hotels for €1.17bn (GB)
Queensgate Investments acquires four Grange Hotels for €1.17bn (GB)

Queensgate Investments has completed the acquisition of the Grange St Paul’s EC4, Grange Tower Bridge E1, Grange City EC3, and Grange Holborn WC1 for circa €1.17bn (£1bn). The ...

UBS AM acquires Seven Hills Business Park for €17.5m (GB)
UBS AM acquires Seven Hills Business Park for €17.5m (GB)

UBS Asset Management's (UBS-AM) Real Estate & Private Markets (REPM) business, acting through Triton Property Fund has, by way of a forward commitment, acquired Seven Hills Business Park, in ...

Mega Image acquire Zanfir supermarket chain in Romania
Mega Image acquire Zanfir supermarket chain in Romania

Mega Image has agreed to acquire Zanfir, a supermarket chain in the Vrancea region in eastern Romania. The transaction, which has been approved by the Romanian Competition Council, will further ...

Moscow City office vacancy rate to stay at 7-9% (RU)
Moscow City office vacancy rate to stay at 7-9% (RU)

According to JLL, the high demand for offices, including government sector, has led to a reduction of the vacancy rate by two thirds during 2016-2018, to 7.3%. Although the announced completions in ...

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