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GTC acquires Budapest office scheme (HU)
GTC invests in Budapest office scheme (HU)

GTC has acquired a new development project on Vaci ut 85 in Budapest, Hungary for an undisclosed amount. This new project will be entitled Center Point 3 and will add approximately ...

NEPI Rockcastle acquires Budapest shopping centre for €254m (HU)
NEPI Rockcastle acquires Budapest shopping centre for €254m (HU)

NEPI Rockcastle has acquired 100% of Mammut 2 and 81% of Mammut 1, which jointly form the Mammut shopping centre in Budapest, from global private equity firm Lone Star, for €254m. With this ...

Atenor sells Naos (LU)
Atenor sells Naos (LU)

Atenor has reached an agreement for the sale of the Luxembourg company Naos to two institutional investors. The purchase price was not disclosed. Naos is currently constructing the building with ...

RICS tackles ‘unfair’ commercial property service charges (GB)
RICS tackles ‘unfair’ commercial property service charges (GB)

RICS has launched new mandatory requirements to ensure service charges to commercial tenants are transparent, upfront and fair, and that any costs incurred are in accordance with the terms of the ...

pbb provides medium-term facility for Paris office deal (FR)
pbb provides medium-term facility for Global Gate Capital office deal (FR)

pbb Deutsche Pfandbriefbank provided a medium-term facility for SCI GGC Paris, an SPV managed by Global Gate Capital for the acquisition of an office building in Paris. The asset is located ...

Thor Equties sells London Soho property for €55.1m (GB)
Thor Equties sells London Soho property for €55.1m (GB)

Thor Equities Europe has closed on the sale of 151 Wardour Street in Soho for €55.1m (£49m). After acquiring the 25,365-square-foot, six-story property for €48.3m ...

Old Mill Belgrade Hotel joins Radisson Collection (RS)
Old Mill Belgrade Hotel joins Radisson Collection (RS)

The Old Mill Belgrade began a new chapter in its history by joining Radisson Hotel Group collection. The rebrand marks the property’s elevation to Radisson Collection that features some of the ...

Barclays and Homes England launch €1.12bn housing development fund
Barclays and Homes England launch €1.12bn housing development fund

Housing Secretary James Brokenshire MP has announced a new partnership with Barclays Bank to provide €1.12bn (£1bn) of loan finance to help support small and medium-sized developers, ...

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