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UTB purchased SAPPI Lanaken for €50m (BE)
UTB buys SAPPI Lanaken for €50m (BE)

Carter Jonas and Ceusters have assisted in the sale of the shares of SAPPI Lanaken N.V., including all land, buildings, and equipment of its Lanaken Mill in Limburg, Belgium, to UTB Waalwijk B.V. ...

Grainger buys The Astley resi development in Manchester for €36.3m (GB)
Grainger bought The Astley resi development in Manchester for €36.3m (GB)

Grainger acquired The Astley, a build-to-rent scheme in Manchester, from M&G Real Estate for €36.3m.    The Astley is a 135-home development featuring a mix of one-, ...

AEWU sold Oak Park Industrial Estate in Droitwich for c. €7.4m (GB)
AEWU sold Oak Park Industrial Estate in Droitwich for c. €7.4m (GB)

AEW UK REIT plc (AEWU) has completed the sale of Oak Park Industrial Estate, Droitwich for c. €7.4m reflecting a net initial yield of 7.95%. A sale at this price represents a c. 33% premium to ...

Recorde AM and Forestay Group acquired building in Budapest (HU)
Recorde AM and Forestay Group acquired building in Budapest (HU)

Recorde Asset Management and Forestay Group acquired a building in Budapest’s Gellert Hill area, which after renovation will become the Moricz Student Living student residence and office ...

Arrow Capital acquired warehouse in West Yorkshire for €19.9m (GB)
Arrow Capital acquired warehouse in West Yorkshire for €19.9m (GB)

Arrow Capital Partners, acquired a 27,546m2 warehouse in South Elmsall, West Yorkshire, for its Strategic Industrial Real Estate (SIRE) joint venture with Cerberus.   The single-let warehouse ...

Romano Senior acquired 11 care homes from DomusVi Group (ES)
Romano Senior acquired 11 care homes from DomusVi Group (ES)

Romano Senior, the new socimi recently set up by Azora in collaboration with Banca March and Indosuez Wealth Management, has acquired 11 care homes, in a sale and leaseback agreement, from the ...

LSH sold Metro Inns Hotel in Walsall to SEP Properties Ltd (GB)
LSH sold Metro Inns Hotel in Walsall to SEP Properties Ltd (GB)

Lambert Smith Hampton (LSH) has successfully facilitated the investment sale of Metro Inns Hotel in Walsall; a 1,630m2 freehold purpose-built hotel site with 96 en-suite rooms.   The property ...

STRABAG PFS to manage 140+ properties for Deka Immobilien (DE)
STRABAG PFS to manage 140+ properties for Deka Immobilien (DE)

STRABAG Property and Facility Services (STRABAG PFS) has been commissioned by Deka Immobilien to provide technical and commercial property management for two real estate portfolios. The corresponding ...

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