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Derwent London in talks to sell Grosvenor Place (UK)

Derwent London today announced that it has entered into non-binding heads of terms to sell its 50% interest in 1-5 Grosvenor Place SW1 to Peninsula Hotels for £132.5 million (approx. €154.5 million ...

Union Investment acquires two office properties for new institutional real estate fund (DE)

Union Investment has acquired the first two properties in Germany for its UniInstitutional German Real Estate fund. The office properties, which are located in Darmstadt and Frankfurt am Main, reflect ...

pbb and Helaba provide € 163 million credit facility to finance the acquisition of the Pacific Tower in La Defense (FR)

pbb Deutsche Pfandbriefbank and Helaba have jointly provided a € 163 million senior loan to Tishman Speyer. The credit facility will be used to finance the acquisition of the Pacific Tower in La Dé ...

SEGRO to acquire prime warehouse in The Midlands for £18.1 million (UK)

SEGRO is pleased to announce that it has exchanged contracts to acquire a modern distribution warehouse in Burton-Upon-Trent for £18.1 million (approx. €21.3 million). This marks another step forwa ...

Wihlborgs acquires whole of Ideon portfolio in Lund (SE)

Via a company transaction, Wihlborgs is to acquire Ikano Fastigheter’s property portfolio in Ideon, Lund, southern Sweden and will now become the sole property owner in Ideon. The acquisition compri ...

Europe’s biggest office complex up for sale in Paris (FR)

The Coeur Défense Towers in La Defense, the biggest office complex in Europe with 190,000 m² of leasable space has reportedly been put up for sale by Hold. According to French newspaper Le figaro ...

Flagship Hotel W in Barcelona to be sold to Qatari Diar (ES)

As reported by the Spanish press, Qatari Diar is close to finalizing the acquisition of Hotel W, also known as ‘Hotel Vela’ in Barcelona. The transaction is pending authorization by the Port Autho ...

IVG purchases Gallileo office tower in Frankfurt in a club deal (DE)

IVG has acquired the office tower Gallileo in Frankfurt am Main in a club deal for a number of South Korean institutional investors. The core property with total rental space of just under 40,000 m² ...

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