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Joint venture led by Warimpex sells office towers in St. Petersburg (RU)

A joint venture between the Austrian real estate developer Warimpex (55%), CA Immo Group (35%) and UBM (10%) has negotiated and concluded a term sheet with a Russian pension fund for the sale of two o ...

Union Investment sells office property in Oslo (NO)

The Campus Nydalen office property in Oslo is changing hands. Union Investment originally acquired the building in 2006 for its institutional real estate fund UniInstitutional European Real Estate. Th ...

Deka Immobilien acquires office and retail complex in Berlin (DE)

Deka Immobilien GmbH has acquired the building complex Hackesches Quartier Berlin for its open-ended property fund West InterSelect. The seller is a specialized real estate fund managed by IVG Institu ...

Corpus Sireo sells 344 apartments from its own portfolio (DE)

Corpus Sireo Asset Management Residential GmbH, Cologne, has sold all of the apartments at the "Am Beethovenpark" complex in Cologne-Sülz. The last of a total of 344 apartments and six commercial uni ...

Clearbell acquires Docklands office buildings with Morgan Stanley AIP (UK)

Clearbell Capital LLP, a leading private real estate fund management business and Morgan Stanley Alternative Investment Partners Real Estate (“Morgan Stanley AIP Real Estate”) have purchased the c ...

Development Securities acquires portfolio of five office properties in North London for £17.5 million (UK)

Development Securities has completed the acquisition of a portfolio of five office properties for £17.5 million (approx. €21.3 million) as referenced in its most recent interim management statement ...

Hibernia acquires portfolio of loans on residential assets for €67 million (UK)

Hibernia REIT has signed contracts to acquire a portfolio of loans secured predominantly on residential real estate assets from Ulster Bank for €67 million net of acquisition costs. These Ulster Ban ...

Scandic acquires 72 Rica Hotels in Norway and Sweden (NO/SE)

Scandic has entered into an agreement to acquire Rica Hotels. With the addition of 72 Rica hotels to its existing portfolio, Scandic further strengthens its position as the leading hotel chain in the ...

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