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Meyer Bergman acquires iconic Karstadt department store in Berlin (DE)

Meyer Bergman has acquired the iconic Karstadt department store at Berlin’s Hermannplatz from the investment consortium Highstreet Holding. Financial terms of the transaction are not being disclosed ...

GPE sells 20 St James's Street, SW1 for £54.5 million (UK)

Great Portland Estates announced that it has exchanged contracts to sell 20 St James's Street, SW1 London for £54.5 million (approx. €65 million), reflecting a net initial yield of 2.1% and a capit ...

Jones Lang LaSalle Hotels & Hospitality Group sells Luxury Collection Hotel Bristol in Warsaw (PL)

Jones Lang LaSalle Hotels & Hospitality Group is pleased to announce the sale of the 206-room Luxury Collection Hotel Bristol in Warsaw to a consortium of international private investors who have ...

CBRE to advise Shell on the acquisition of properties across Poland (PL)

CBRE announced that since November 1, 2013 it has been mandated by Shell for the exclusive acquisition of properties across Poland. The two companies cooperate in 15 countries in EMEA, including Polan ...

UniCredit Bank AG sells parts of its private equity portfolio to SwanCap (DE/LU)

UniCredit Bank AG is selling parts of its private equity portfolio to the SwanCap Opportunities Fund SCS-SIF. The fund is managed by SwanCap Investment Management S.A., a newly founded investment comp ...

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 ...

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