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Henderson sells Pentavia Retail Park, London for £27.8 million (UK)

Henderson Global Investors, on behalf of its ca £1.07 billion UK Retail Warehouse Fund, has sold Pentavia Retail Park for £27.8 million (approx. €33 million), reflecting a net initial yield of 5.9 ...

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 ...

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