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Schroder UK Property Fund completes £61 million of acquisitions (UK)

Schroder UK Property Fund (SPF) is today announcing the completion of two key properties from vendor Corbo Properties in an off market transaction. SPF has purchased Lemon Quay in Truro, Cornwall ...

DIC sells MainTor Porta to Union Investment for €155 million (DE)

DIC just sold the “MainTor Porta” office high-rise to Union Investment Real Estate GmbH. The purchase price paid for the office project with its rental space of about 22,500 m² approximates €15 ...

Allianz Real Estate acquires first US retail property (DE/US)

Allianz Real Estate has acquired a majority ownership stake in 484-490 Fulton Street, a retail property located in Brooklyn, New York, in joint venture with the Crown Acquisitions Inc. Crown and an in ...

Skanska sells property in the Tennet block in Gothenburg for SEK 630 mln (SE)

Skanska has signed a conditional agreement for the sale of the property Gullbergsvass 5:26 in Gothenburg, Sweden. The buyer is Platzer, and the conditions of the agreement have now been fulfilled. The ...

M&G Real Estate acquires £140 million industrial portfolio from Europa Capital/M7 Real Estate Joint Ventures (UK)

M&G Real Estate today announces the acquisition of two portfolios comprising 46 high yielding multi-let light industrial estates from Europa Capital/M7 Real Estate Joint Ventures for £140 million ...

Union Investment acquires 4-star Meliá hotel in Düsseldorf (DE)

Union Investment has acquired another hotel from Spanish operator Meliá Hotels International in the shape of the Meliá in Düsseldorf. A remaining lease term of 16 years makes the 201-room hotel an ...

Leasinvest Real Estate acquires 12,000 m² retail property in Luxembourg (LU)

On December 2, 2013 Leasinvest Real Estate, via its 100% subsidiary Leasinvest Immo Lux, acquired 100% of the shares of a Company owning a retail building of more than 12,000 m² with 475 parking spac ...

Allianz sell office property in Stockholm CBD for SEK 1.6 billion (SE)

German insurance company Allianz has sold the Stockholm CBD property Jericho 34. The property's rentable area exceeds 21,000 m², is fully leased to among others EY which is the largest tenant and co ...

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