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St. Modwen agrees sale of 27% of UK retail portfolio
St. Modwen agrees sale of 27% of UK retail portfolio

St. Modwen has agreed the disposal of two retail assets in Longbridge, Birmingham and Wembley, London via two separate transactions. The two assets made up 27% of the company’s retail property ...

Union Investment acquires student apartment scheme in Vienna (AT)
Union Investment acquires student apartment scheme in Vienna (AT)

Union Investment has secured the planned “THE FIZZ Vienna main station” micro-apartment complex on Helmut Zilk Park for its Urban Living Nr. 1 special fund via a forward purchase ...

Blackstone acquires Berlin resi portfolio (DE)
Blackstone acquires of Berlin resi portfolio (DE)

Blackstone’s European Core+ platform has acquired a residential portfolio in Central Berlin from a joint venture which includes, among others, KauriCAB and Apeiron/Ailon. The ...

Thor Equities and Meyer Bergman sell Burlington Arcade for €339.8m (GB)
Thor Equities and Meyer Bergman sell Burlington Arcade for €339.8m (GB)

Thor Equities and Meyer Bergman have exchanged contracts on the sale of London’s iconic Burlington Arcade in London to a private investor for €339.8m ...

Schroders expands its hotel business with Algonquin acquisition
Schroders expands its hotel business with Algonquin acquisition

Schroders has reached an agreement to acquire Algonquin, a specialist pan-European hotels investment and management business with assets under management (AUM) of €1.8bn. This ...

NorthStar Realty exits the Netherlands with Maas Tower sale
NorthStar Realty sells Maas Tower in Rotterdam (NL)

NorthStar Realty Europe Corp. (NRE) has sold the Maas Tower in Rotterdam to a joint venture between FOM Real Estate, Asia Pacific Real Estate and CoquineSA. The company has acquired the 44 ...

BNP Paribas REIM acquires prime Milan office asset for €42m (IT)
BNP Paribas REIM acquires Milan office asset for €42m (IT)

BNP Paribas REIM, acting on behalf of its real estate fund “Fundamenta” managed by BNP Paribas REIM Italy, has acquired “Viale Stelvio”, a state-of-the-art office ...

House of Fraser to close stores in restructuring plan (GB)
House of Fraser confirms CVA (GB)

House of Fraser, the UK and Ireland’s premium department store group, has confirmed that its parent company, Nanjing Cenbest, has announced that international retailer C.banner has entered into ...

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