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Hermes Real Estate announces off market acquisition in Whitechapel (UK)

Hermes Real Estate Investment Management Limited (HREIML) announced the completion of the acquisition of Cityside House and Challenger House in Whitechapel. Cityside House is a 54,000 ft² (approx. ...

ECE Fund to acquire ‘Hallen am Borsigturm’ in Berlin-Tegel (DE)

The ECE European Prime Shopping Centre Fund acquired ‘Hallen am Borsigturm’ in Berlin-Tegel. The seller of the property is Vernal Asset 2BV. The center was opened in 1999 and comprises a sales are ...

Vasakronan sells Stockholm’s Algen 24 mixed-use asset for €50 million (SE)

Vasakronan, advised by Savills, has sold the fully let, mixed-use asset Älgen 24 in central Stockholm for approximately €50 million (SEK 435 million). The buyer is HEFAB Fastighets AB. The 9,000 ...

NCC sells office and retail project in Hagastaden, Stockholm for €185 million (SE)

NCC has sold the office and retail property Torsplan in Hagastaden, Stockholm for SEK 1,618 million (approx. €185 million). The buyer is KLP Fastigheter AB and the preliminary date of occupancy is s ...

Echo Investment sells Aquarius Business House for €41.9 mln (PL)

Echo Investment has closed the sale of the Aquarius Business House office building, which has been developed at the crossroads of Swobodna Street and Borowska Street in the center of Wrocław. The ...

Internos appointed to sell LSR’s portfolio (UK)

Internos Global Investors Limited announced that it has been appointed as Investment Manager of Local Shopping REIT plc (LSR). The mandate, which is subject to approval of LSR’s shareholders, is ...

Dublin’s Clancy Quay multi-family asset sold for over €80 mln (IR)

Savills, on behalf of receivers Grant Thornton, has sold Clancy Quay in Dublin 8 for over €80 million, representing the largest multi-family sale in Ireland. The sale, which reflects a net yield jus ...

Bouwfonds REIM expands Dutch residential portfolio (NL)

The open-ended real estate fund Bouwfonds European Residential of Bouwfonds REIM has expanded its residential portfolio from four to now seven residential objects in the Netherlands. The investment vo ...

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