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SEB Asset Management to convert Torre Quadra in Milan into B&B Hotel (IT)

SEB Asset Management obtained planning permission to convert the 13-storey Torre Quadra building in Sesto San Giovanni, a suburb in the north-east of Milan. The real estate asset manager is planning t ...

Union Investment institutional real estate fund acquires 4-star hotel in Munich (DE)

Union Investment has purchased the angelo Hotel Munich Westpark in Munich from UBM Realitätenentwicklung AG for its UniInstitutional German Real Estate fund. By doing so, Union Investment was able to ...

Société de la Tour Eiffel announces disposal of three provincial assets for €64 million (FR)

In confirmation of the announcement made with the half-year results and in keeping with the strategy of concentrating on Paris offices, Société de la Tour Eiffel has completed in recent weeks three ...

Land Securities sells Bankside to M&G Real Estate (UK)

Land Securities has agreed to sell Bankside 2 & 3, SE1, and its retail holdings in Bankside 1, to M&G Real Estate Limited for £315 million (approx. €371.6 million), reflecting a net initial ...

AG Real Estate acquires 113,000 m² logistics property in St Martin de Crau (FR)

AG Real Estate capital has acquired one of France’s largest logistic properties in St Martin de Crau for €65 million. The 113,000 m² property was originally developed by French developer PRD for ...

Land Securities and British Land sell Bon Accord and St Nicholas, Aberdeen for £189 million (UK)

Group PLC and British Land, has exchanged contracts to sell the Bon Accord and St Nicholas shopping centres in Aberdeen to F&C REIT for £189 million (approx. €223.8 million). The Bon Accord ...

GVA undertakes major merger with James Barr in Scotland (UK)

GVA exchanged contracts with James Barr ltd, a leading Scottish property specialist, on Friday 4 October to acquire the business. This major deal sees GVA break into Scotland’s top three property ad ...

Peakside Capital disposes of Polish distribution park (PL)

Peakside Capital, a specialist European real estate private equity firm, has announced the sale, on behalf of Polonia Property Fund LP, of the Diamond Business Park. The 60,800 m², modern warehous ...

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