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Sponda to sell 12 logistics properties and its shares in real estate funds to Certeum Oy (FI)

Sponda Plc has signed a letter of intent for the sale of 12 logistics properties to a new logistics and industrial property investment company, Certeum Oy, for €216.7 million. The total debt-free sa ...

Union Investment acquires first solar park in France for infrastructure fund (FR)

Union Investment is continuing to expand the portfolio of its institutional infrastructure fund, which focuses on renewable energy sources in Europe. Following the five investments in onshore wind far ...

British Land sells £78 million of Retail Parks (UK)

British Land announced the sale of two retail parks in Dumbarton and Cwmbran for £78 million (approx. €94.65 million): - St James Retail Park in Dumbarton has been sold to The Legal & Gene ...

Kungsleden selling five properties and leaving three locations (SE)

Listed Swedish property company Kungsleden AB (publ) is continuing to focus and optimise its property portfolio consistent with its new strategy, and is selling five small retail properties in five mu ...

Bouwfonds European Student Housing Fund closes its first three acquisitions (EU)

Bouwfonds European Student Housing fund has closed its first three acquisitions in Germany, the UK and the Netherlands. The total investment volume amounts to €68.7 million. The Fund is open for new ...

SWIP sells prime London residential development site for for £75 mln (UK)

Advised by H2SO, Scottish Widows Investment Partnership (now part of Aberdeen Asset Management) has sold a prime development site in London's Marylebone to specialist luxury homes developer, the Royal ...

Balder acquires a Hotel Portfolio for SEK 2,2 billion (SE)

Balder has agreed to acquire a hotel portfolio of 14 hotel properties from Pandox. The purchase price amounts to SEK 2,2 billion (approx. €242,16 million) and covers 127,000 m² and 2,400 hotel room ...

PATRIZIA acquires ARCOTEL Camino in Stuttgart (DE)

PATRIZIA Immobilien AG has acquired the famous ARCOTEL Camino in Stuttgart. The four-star hotel, built in 2007, was bought for a special real estate fund. The seller is a subsidiary of HCI Development ...

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