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Land Securities agrees to purchase a further 35.6% interest in X-Leisure (UK)

Land Securities has agreed to acquire an additional 35.6% interest in the X-Leisure Unit Trust for a total cash consideration of £104 million (approx. €124 million), taking its total ownership of t ...

Rockspring sells The Stanza Building, Uxbridge, for £43.1 million (UK)

Rockspring announced that, on behalf of the Rockspring Hanover Property Unit Trust (“Hanover”), it has agreed the sale of The Stanza Building, a brand new office headquarters in Uxbridge, to NFU M ...

MIPP acquires a portfolio of Wickes units for £28.0 million (UK)

LondonMetric announced that the Metric Income Plus Limited Partnership (“MIPP”), its £150 million joint venture with Universities Superannuation Scheme (“USS”), has exchanged contracts to acq ...

Helical Bar acquires multi-sector portfolio for £50 million (UK)

Helical Bar has exchanged contracts to acquire the Quartz Portfolio, comprising 10 regional properties, from overseas private clients of Jones Lang LaSalle for ca. £50 million (approx. €59.5 millio ...

Cordea Savills buys IBM headquarters in London for £120 million from Amsprop (UK)

Cordea Savills, the international property investment manager, has purchased the IBM Building, Upper Ground in London SE1 for £120 million (approx. €143 million) on behalf of a private family offic ...

SIGNA takes over 75.1% stake in Karstadt Premium Group and Karstadt Sports. (AT/DE)

SIGNA announced that it is taking over 75.1% of the Karstadt Premi-um Group business and 75.1% of the Karstadt Sports business. The German Competition Authorities (Bundeskartellamt) will have to autho ...

South Korean NPS and Hines purchase Siemens-Forum in Munich for €160 million (DE)

According to reports on the German press, Siemens-Forum in Munich, built by New York architect Richard Meier and located at the Oskar-von-Miller-Ring has changed hands. For the first time in hist ...

Gazeley announces sale of John Lewis super shed at Magna Park Milton Keynes (UK)

Gazeley today announced the sale of its 669,000 ft² (approx. 62,152 m²) ecommerce distribution center currently under construction for leading UK retailer John Lewis at its flagship UK development s ...

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