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MEC acquires London government office as part of ambitious UK expansion strategy (JP/UK)

Japan’s largest quoted real estate company Mitsubishi Estate Company (MEC) has acquired a government-let Victoria office block for £90 million (approx. €106.6 mln) as part of its mid-term growth ...

Union Investment acquires One Snowhill office block in Birmingham (UK)

The One Snowhill office block in Birmingham, which comprises approximately 24,500 m² of rental space, has a new owner. Completed by developer Ballymore in 2009 and acquired in 2010 by Commerz Real ...

Publity fund acquires Office Tower in Frankfurt am Main (DE)

Publity Performance Fund No. 6, launched by the Publity Financial Group,  has acquired the nearly 6,400 m² Office Tower in Rennbahnstraße 72-74 Frankfurt am Main. "The Office Tower in Frankfurt ...

Orion acquires Meraville Retail Center in Bologna from Pradera for ca. €80 million (IT)

Meraville Retail Centre in Bologna, Italy has been acquired by Orion European Real Estate IV CV, a fund managed by Orion Capital Managers. The acquisition of 35,452 m² site from Pradera Holdco Sarl c ...

BAWAG P.S.K. announces the sale and leaseback of its legendary headquarters in Vienna to SIGNA (AT)

On 11th of December 2013, BAWAG P.S.K. entered into a definitive agreement with the real estate group SIGNA Prime Selection AG for a sale and leaseback contract on the building located at Georg-Coch-P ...

OVG sells Avery Dennison European head office and R&D Center (NL)

OVG Real Estate sold Avery Dennison’s European head office and R&D center to US private equity firm LCN Capital Partners last week. The 13,650 m² sustainable building in Leiden encompasses a mi ...

Warimpex sells five-star Le Palais hotel in Prague (CZ)

Warimpex Finanz- und Beteiligungs AG announces the sale of the five-star Le Palais hotel in Prague to a private European investor. The hotel was sold for more than its book value, but the parties agre ...

CBRE Global Investors acquires €57 million shopping center in Germany (DE)

CBRE Global Investors has acquired the StadtCenter Düren shopping center in North Rhine-Westphalia, Germany for €57 million reflecting an initial yield of 6.1%. The vendor is Schroder Property on b ...

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