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Hammerson plc sells Drakehouse Retail Park for €86.5 mln (UK)

Hammerson plc announces that it has completed the sale of Drakehouse Retail Park in Sheffield to 90 North Real Estate Partners LLP for £61.7 mln (approx. €86.5 mln), which is ahead of the 31 De ...

HSH Nordbank provides €130 mln to buy Karstadt store in Munich (DE)

HSH Nordbank will provide a joint venture vehicle owned by the European Property Investors Special Opportunities 3 L.P. (“EPISO 3 Fund”) advised by Tristan Capital Partners LLP of London and Signa ...

Norges Bank and Prologis acquire €5.5 bln industrial portfolio (US/EU)

Norges Bank Investment Management has signed an agreement to acquire a 45% interest in a 60 million ft² (5,574 m²) industrial portfolio with additional development potential in a joint venture with ...

PAMERA Cornerstone buys PepsiCo Deutschland headquarters in Frankfurt (DE)

PAMERA Cornerstone Real Estate Advisers has acquired the headquarters of Pepsico Deutschland for the Stuttgarter Immobilien-Spezialfonds. The building was developed by Red Square and constructed in pa ...

Aareal Bank arranges €530 mln facility for NorthStar (EU)

Aareal Bank AG provided a €530 mln senior financing for the acquisition of a €1.1 bln pan-European office portfolio by NorthStar Realty Finance Corp. The company is organized as a Real ...

Heijmans and Schiphol renew maintenance contract for 3 years (NL)

Heijmans and Schiphol renewed the current contracts for maintenance at and nearby the airport for 3 years. Heijmans will continue to be responsible for any work within the following 'parcels' until 1 ...

Danish investors to lead development of "Carlsberg City" site in record €335 mln deal (DK)

A consortium of Danish investors acquired the former Carlsberg brewery site in central Copenhagen in a transaction valued at approx. DKK2.5 bln (€335 mln). The consortium comprises Realdania (25%), ...

ADO Properties acquires apartment buildings in Berlin (DE)

ADO Properties has acquired 43 apartment houses with approx. 1,300 units in Berlin from an international investment fund. The total cost of the acquisition of the portfolio was approx. €130 mln. The ...

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