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DIC Asset AG acquires Infinity Office in Dusseldorf for €153m (DE)
DIC Asset AG secures Infinity Office in Dusseldorf for €153m (DE)

DIC Asset AG has signed a contract to secure the new-build construction project “Infinity Office” in Dusseldorf for its proprietary portfolio within the framework of a forward deal in a ...

Demand from “Big Tech” underpins strong office market in Dublin (IE)
Demand from “Big Tech” underpins strong office market in Dublin (IE)

The amount of office construction in Dublin is at levels seen in the last property boom, but there is still little evidence of overcapacity in the market, according to HWBC’s H1 2018 Dublin ...

Bank of Cyprus sells €2.7bn NPL portfolio to Apollo
Bank of Cyprus sells €2.7bn NPL portfolio to Apollo

Bank of Cyprus has reached an agreement for the sale of a portfolio of loans with a gross book value of €2.8bn secured by real estate collateral to Apollo Global Management. The portfolio has a ...

Lapland acquires Scandic Kuopio hotel (FI)
Scandic to divest one hotel in Kuopio (FI)

Scandic has signed an agreement to divest the hotel operations of Cumulus Kuopio Station in Kuopio, Finland to Lapland Hotels OY. The buyer will take over the operations of the hotel, which has 141 ...

Dalata acquires London Aldgate hotel scheme for €100m (GB)
Dalata acquires London Aldgate hotel scheme for €100m (GB)

Dalata Hotel Group has exchanged contracts to acquire the long leasehold interest of a hotel under development located at Aldgate, London for a total consideration of €100m (£91m). As ...

KWAP enters UK student sector with €44.3m acquisition
KWAP enters UK student sector with €44.3m acquisition

Kumpulan Wang Persaraan Diperbadankan (KWAP) has acquired two purpose-built student accommodations from IP Investment Management and Maven Capital Partners for a combined price ...

SIF Moldova and Cityring Property unveil €100m Burcharest resi project (RO)
SIF Moldova and Cityring Property unveil €100m Burcharest resi project (RO)

Straulesti Lac Alfa SA, a company owned by SIF Moldova and Cityring Property has unveiled plans for the development of a €100m large-scale residential village with 1,400 apartments ...

Kielo completes its first acquisition in Helsinki Metropolitan Area (FI)
Kielo completes its first acquisition in Helsinki Metropolitan Area (FI)

Kielo, managed by Brunswick Real Estate, has acquired a 53,000m² office portfolio situated in the Helsinki Metropolitan Area for an undisclosed amount. The vendor is NIAM.   The ...

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