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Citycon divests a non-core portfolio in Finland for €76 mln (FI)

Citycon continues to implement its strategy by divesting a portfolio of non-core properties. Citycon has entered into an agreement to sell a 60,000 m² portfolio of 13 grocery store properties located ...

Oxley Holdings acquires €71.5 mln interest in London’s Galliard Group (UK)

Singaporean property developer Oxley Holdings has entered into a subscription and shareholders’ agreement to acquire a 20% stake in the enlarged share capital of Galliard Group, a leading UK develop ...

Tristan EPISO 4 fund speeds to hard cap (EU)

Pan-European real estate manager Tristan Capital Partners has achieved the fastest capital raising in the firm’s history with equity commitments from investors to its EPISO 4 value-add/opportunistic ...

Warburg-HIH Invest acquires property development in Berlin (DE)

The Hamburg-based investment manager Warburg-HIH Invest Real Estate GmbH (‘Warburg-HIH Invest,’ formerly: Warburg - Henderson) has acquired the first construction stage of ‘Palais Behrens,’ an ...

Rockspring acquires Le Mirage in Utrecht for €20.9 mln (NL)

Rockspring has purchased Le Mirage, an iconic office building in Utrecht, for €20.9 mln from Eurocommerce Projectontwikkeling BV, on behalf of a separate account client. Located at the Europa ...

Niam acquires Strömpilen 1 shopping center in Sweden for €39 mln (SE)

Niam has signed an agreement to acquire the retail property Strömpilen 1 from Citycon AB. The property comprises a total of ca. 27,000 m² and is located 5 kilometres outside of Umeå. The property h ...

Union Investment commits to fund the development of prime office building, Burlington House, in Dublin (IE)

Union Investment announces that it has committed to forward fund the development of Burlington House, the largest new speculative prime office building in Dublin city centre. Burlington House will del ...

DREF purchases further student residence after successful bond issue in June (DE)

In June Deutsche Real Estate Funds (DREF) issued the first bond to finance student housing in Germany. Now it has acquired a further student residence in Kiel with a market value of €20 mln. It is a ...

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