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Mayfair Capital’s Property Income Trust for Charities completes National Trust for Scotland €28 mln in specie transfer

Mayfair Capital Investment Management, the UK real estate investment manager, announces that its flagship fund, The Property Income Trust for Charities (“PITCH”), has increased its investment port ...

Unibail-Rodamco signs €394 mln agreement with CPPIB for mfi AG acquisition (DE)

Unibail-Rodamco announced an agreement to sell to Canada Pension Plan Investment Board a 46.1% stake in mfi AG. CPPIB will pay the Group €394 mln for the equity stake and will also provide additiona ...

Savills grows property management offer with London team buy (UK)

Savills has today announced the acquisition of specialist London commercial property management business Collier & Madge. Collier & Madge has been established for 17 years and its 3 ...

HB Reavis accelerates profitable growth in 2014

HB Reavis Group (the Group) reported a 26% growth in consolidated net profit to €89 mln in the year to 31 December 2014 according to its recent annual financial statements.  The improvement was a ...

Oxford Properties and Union Investment create 50:50 joint venture in London’s Watermark Place (UK)

Oxford Properties Group and Hamburg-based Union Investment Real Estate GmbH  have created a 50:50 joint-venture regarding Watermark Place in London, with Oxford acting as asset manager to the JV. In ...

Cushman & Wakefield set to merge with DTZ

Cushman & Wakefield and DTZ have reached a definitive agreement to merge and are set to become one of the largest global real estate services companies. The new company, which will operate under t ...

PATRIZIA enters the UK private rental sector (UK)

PATRIZIA Immobilien AG announces the acquisition of the 20-acre (approx. 8,100 m²) “First Street” site in Manchester through its subsidiary PATRIZIA UK. The site is partially developed with an 18 ...

Beni Stabili signs major agreement to extend the partnership with Telecom Italia (IT)

Beni Stabili SpA Siiq approved the finalization of a framework agreement with Telecom Italia S.p.A. in order to extend and enhance the real estate and rental partnership in place since 2000 on the “ ...

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