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W. P. Carey acquires Cargotec Campus in Finland for €40 mln (FI)

W. P. Carey Inc. announced today that it has acquired the research and development and class-A office facilities of Cargotec Corporation in Tampere, Finland, which are subject to a 20-year triple-net ...

The Sungate Trust buys 40% of the General Motors Building in the largest New York investment sale since 2008 (US)

The Sungate Trust, formed for the benefit of the family of Ms. Zhang Xin, and M. Safra and Co., Inc., the New York-based investment firm of the Safra family, have purchased a 40% stake in the General ...

AXA Real Estate acquires the Bodio Center business park in Milan (IT)

AXA Real Estate Investment Managers announces that it has acquired on behalf of a client, two prime office buildings, totaling 24,000 m², as well as two retail buildings, totaling 4,000 m², at the B ...

Ho Bee Investment to acquire Rose Court, 2 Southwark Bridge Road, London for £67.2 mln (UK)

Ho Bee Investment LTD announced that its wholly owned subsidiary, Grandiose Investments Pte. Ltd. (“GIPL”) has entered into a sale and purchase agreement with Clerical Medical Investment Group Lim ...

Londonmetric agrees sale of £247.56 million distribution portfolio (UK)

LondonMetric a UK REIT, has exchanged contracts on the sale of 11 distribution assets for a total consideration of £247.56 million (approx. €290.4 million), reflecting a net initial yield of 6.25%, ...

RLAM sells 43/48 Dover Street, London W1 for £83.5 mln (UK)

Following a targeted marketing campaign, Royal London Asset Management (‘RLAM’) has exchanged contracts to sell its freehold interest in 43/48 Dover Street, London W1 to Crosstree Real Estate Advi ...

Docout signs leasing agreement for 22,800 m² at Prologis Park Sallent in Spain (ES)

Prologis, Inc., operator and developer of industrial real estate, today announced that Docout, a document and business process outsourcing, has signed a new 10-year lease for a 22,800 m² distribution ...

Ashkenazy acquires Old Spitalfields Market in London for €122.8 million (UK)

Ashkenazy Acquisition Corp., owner of Boston’s Faneuil Hall, bought London’s Old Spitalfields Market from Dublin-based Ballymore Properties Ltd. for about 105 million pounds (approx. €122.8 mill ...

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