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Cordea Savills European Commercial Fund buys shopping center in Nordmeile, Berlin (DE)

Cordea Savills European Commercial Fund has acquired the district shopping center of Nordmeile in Berlin – Reinickendorf, from the Royal Bank of Scotland. The purchase price was ca. €41 million. ...

Kungsleden and GE sign SEK 5.5 billion property acquisition (SE)

Listed Swedish property company Kungsleden AB (publ) has signed a binding agreement with GE Capital Real Estate on acquiring the portfolio of 84 commercial properties, in line with the memorandum of u ...

Development Securities and Patron Capital sell Phones 4u Arena for £82.1 million (UK)

Development Securities in joint venture with Patron Capital today announces the sale of the Phones 4u Arena in Manchester to a Mansford Real Estate LLP Fund for £82.1 million (approx. €97 million). ...

Fosun acquires One Chase Manhattan Plaza for $725 million (US)

Fosun International Limited issued a voluntary announcement on Friday regarding the acquisition of One Chase Manhattan Plaza, which is located at 16-48 Liberty Street, New York. A wholly owned subs ...

CBRE appointed to sell the Royal Exchange in the City of London (UK)

IBRC Assurance Company is selling its long leasehold in the Royal Exchange, and looking for offers in excess of £75 million (approx. €88.68 million) reflecting a NIY of 4.90%. The luxury shopp ...

Warimpex announces closing for the sale of Le Palais Offices Warsaw (PL)

As announced at the beginning of the year, the sale of Le Palais Offices in Warsaw to the IVG Warsaw fund has now been concluded successfully. Roughly eight months after the completion and opening of ...

British Land sells its stake in Puerto Venecia, Zaragoza, Spain for €144.5 million (UK/ES)

British Land announces it has sold its 50% interest in Puerto Venecia Shopping Centre and Retail Park in Zaragoza, Spain, to Orion European Real Estate III C.V. (a fund managed by Orion Capital Manage ...

Redefine agrees debt restructuring with Aviva and exchanges contracts for Weston Favell Shopping Centre (UK)

In a significant transaction, Redefine International, the diversified income focused property company, announced that it has agreed revised arrangements with Aviva Commercial Finance Limited with resp ...

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