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Blackstone closes acquisition of Strategic Partners from Credit Suisse (US/CH)

Blackstone and Credit Suisse today announced that Blackstone had closed on its acquisition of Strategic Partners from Credit Suisse. Strategic Partners is a secondary private fund of funds business, w ...

Kuwaiti food group buys Little Chef (UK)

Rcapital, the owner of the roadside restaurant Little Chef, has sold the business to a new owner, Kout Food Group Restaurants UK Limited (KFGR-UK). KFGR-UK is wholly owned by Kout Food Group k.s.c. ...

TK Development sells retail park project in Vilnius, Lithuania (LT)

TK Development has conditionally sold the Group’s retail park project in Vilnius, Lithuania. The retail park will be situated in an attractive retail development area, with premises totaling about 1 ...

Legal & General acquires South Normanton industrial units (UK)

Fineman Ross, advising on behalf of a private client, has sold two industrial units, totaling 127,527 ft² (approx. 11,847 m²), at Centre 28 in South Normanton, Derbyshire, to Legal & General Pro ...

Cornerstone acquires 40 Gracechurch Street in London for £94 million (UK)

Cornerstone Real Estate Advisers announced that it has purchased 40 Gracechurch Street, a Grade A office building in Central London, for £94 million (approx. €107.6 million) on behalf of a new sepa ...

Deutsche Asset & Wealth Management and Borletti Group sell Printemps department stores to Qatari investor (FR)

Deutsche Asset & Wealth Management, owner of 70% of French Printemps department stores, has agreed to sell its  stakes to a Qatari investor. The French luxury retail chain has been purchased ...

Carlton Group closes Westin Valencia Hotel sale in Spain (US/ES)

Carlton Group has successfully sold 100% of Hotel Alameda Valencia, SLU (Westin Valencia, Spain) on behalf of one of Spain’s biggest financial institutions, Bankia Group. This was a very challenging ...

GPE sells 90 Queen Street, EC4 for £61.0 million (UK)

Great Portland Estates plc announces that it has exchanged contracts to sell 90 Queen Street, EC4 for £61 million (approx. €70.1 million), reflecting a net initial yield of 5.39% and a capital val ...

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