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Strawberry Star advised by Howard Kennedy on £25m property fund launch (UK)
building

London-based property services company Strawberry Star has been advised by law firm Howard Kennedy on the establishment of its first property investment fund. The fund intends to explore investment ...

Union Investment acquires first shopping centre for Dutch retail fund (NL)
de klanderij

Union Investment has acquired its first shopping centre in the Netherlands for its institutional open-ended real estate fund UII Shopping Nr. 1. Completed in 2004, De Klanderij in Enschede comprises ...

PATRIZIA sells Melia Hotel building in Manchester (UK)
first street

PATRIZIA Immobilien AG has sold its Melia Hotel building in Manchester for approximately £30m (€39.5m) to a privately owned UK group. The sale of the 208-room 4-star hotel has been agreed ...

AXA IM - Real Assets and ATP JV acquire two Club Quarters hotels in the City of London (UK)
st. paul's

AXA Investment Managers - Real Assets has announced the completion, on behalf of a 50/50 joint venture between ATP and AXA Insurance Companies, of the acquisition of two City of London hotels from ...

Global Acquires Wyndham Stuttgart Airport Messe Hotel for €30.8m (DE)
| @ W.P. Carey

CPA®:18 – Global, a non-traded REIT managed by W.P. Carey, has completed a sale-leaseback transaction to purchase a majority stake in the Wyndham Stuttgart Airport Messe hotel for ...

Sierra Fund and CBRE Global Investors sell Zubiarte Bilbao (ES)
|©Milligan Retail

Sierra Fund, managed by Sonae Sierra, and CBRE Retail Property Fund Iberica, owned by CBRE Global Investors, have sold Zubiarte shopping centre in Bilbao to the ActivumSG Iberia Fund I for an ...

LondonMetric Property sells three retail parks for £30m (UK)
| © completelyretail.co.uk

LondonMetric Property have announced that the Metric Income Plus Limited Partnership, its joint venture with Universities Superannuation Scheme Ltd, has sold its retail parks at Camborne, Haverhill ...

Commerz Real sells Silva Sachsenhausen office building in Frankfurt for €86m (DE)
silva sachsenhausen

After a successful leasing campaign in autumn 2015, Commerz Real has announced the signing of the sale and purchase agreement for the Frankfurt office property Silva Sachsenhausen in its CFB Fund ...

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