Corio sells four properties for €104.0 mln in France (FR)

In line with its strategy, Corio has sold four retail properties in France for a total amount of € 104.0 million in December 2013 to one buyer. The disposals concern Quais d’Ivry in Paris (GLA 32, ...

Londonmetric creates £175 million joint venture to acquire portfolio of 27 DFS assets (UK)

LondonMetric announced that it has exchanged contracts to acquire a portfolio of 27 DFS assets from the administrators to Delphi Properties Limited for a purchase price of £175.0 million (approx. € ...

C&R increases stake in The Mall Fund to 29.26% (UK)

Capital & Regional, announced that it has agreed the acquisition of a total of 30.689 million units in The Mall Shopping Centre Fund ("The Mall Fund"), increasing the Group's holding from 26.0% to ...

SEB ImmoInvest sells Lille office property for €20.6 million (FR)

SEB Asset Management has sold the EuroCentre office property in Lille on behalf of its openended real estate fund, SEB ImmoInvest to an institutional investor from France. The selling price achieved i ...

Philips Pension Fund and Deka complete the largest real estate transaction in the Netherlands in 2013 (NL)

Philips Pension Fund and Deka Immobilien GmbH have agreed on the sale of Symphony Offices at the Gustav Mahlerlaan, Amsterdam. The building is sold for circa €215.1 million, making it the largest re ...

Wainbridge completes £114 million acquisition of 11-15 Grosvenor Crescent for high-end residential redevelopment (UK)

Wainbridge Limited announced that, on behalf of Wainbridge Estates Belgravia Limited, it has completed the acquisition of 11-15 Grosvenor Crescent from Grosvenor for £114 million (approx. €136.7 mi ...

Hercules Unit Trust sells shopping park in Hayle for £26 mln (UK)

Hercules Unit Trust has sold the West Cornwall Shopping Park in Hayle to IM Properties for £26 million (approx. €31.2 million), reflecting a net initial yield of 5.4%. The 50,000 ft² (approx. 4 ...

Hammerson and Aviva sell Queensgate Shopping Center to Invesco for £202 million (UK)

Hammerson plc and Aviva Investors, who own Queensgate Shopping Centre in Peterborough in a 50:50 joint venture, have exchanged contracts to sell the freehold of the center to Invesco Real Estate for  ...