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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 ...

Westfield Group sells seven shopping centers to Starwood Capital Group for $1.64 billion (US)

The Westfield Group today announced it has entered into agreements to divest seven non-core shopping centers in the US to a Starwood Capital Group controlled affiliate for US $1.64 billion (approx. â‚ ...

The Crown Estate invests £163 million in regional retail and leisure (UK)

The Crown Estate has invested over £160 million (approx. €191 million) in regional retail and leisure assets, acquiring Silverlink Shopping Park outside of Newcastle and agreeing to fund the develo ...

IMMOFINANZ closes sale of Silesia City Center and starts new retail development project in Poland (PL)

IMMOFINANZ Group closed the sale of the Silesia City Center in Poland for €412 million to an international consortium of investors led by Allianz. The sale price exceeded the book value, as reported ...

SEGRO acquires prime UK logistics warehouse from Gemini (Propinvest) portfolio for £30 million (UK)

SEGRO has completed the acquisition of a modern and well-located logistics warehouse, from the Gemini (Propinvest) portfolio, for £30 million (approx. €35.8 million). The purchase price represents ...

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