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NSI sells Swiss retail property Hertizentrum for CHF 32 mln (NL/CH)

NSI has sold its Swiss retail property ‘Hertizentrum’ in Zug on book value for CHF 32 million (approx. €26.31 million). Hertizentrum generated an annual gross rental income of approx. €2.0 mil ...

AXA's Tokyo Office Property Fund agrees first acquisitions totalling ¥10 billion (€83 mln) (FR/JP)

AXA Real Estate Investment Managers announces that the Tokyo Office Property Fund has completed the acquisition of Shinjuku Sanchome, a 4,553 m² building located in the Shinjuku ward of central Tokyo ...

Intervest Offices & Warehouses sells its property in Kortenberg, Jan-Baptist Vinkstraat 2 (BE)

Property investment fund Intervest Offices & Warehouses has reached an agreement for the sale of its semi-industrial building located in Kortenberg, Jan-Baptist Vinkstraat 2 for an amount of € 1 ...

IHG announces sale of InterContinental London Park Lane for £301.5 mln (UK)

InterContinental Hotels Group PLC today announces it has agreed to sell InterContinental London Park Lane to Constellation Hotel (Opco) UK S.A., which is an affiliate of Constellation Hotels Holding L ...

BPT Baltic Opportunity Fund acquires Coca-Cola Plaza in CBD of Tallinn (EE)

In another sale and lease-back transaction BPT Baltic Opportunity Fund, the most recently launched real estate fund from BPT, has acquired its third asset, the Coca-Cola Plaza in the central business ...

Greycoat appoints three senior business leaders to Board and completes two deals in the City (UK)

Greycoat, the central London office specialist, today announced the appointment of three senior business leaders to a new Advisory Board, and the completion of two deals in the City, as part of its ne ...

Union Investment takes profits on sale of Trianon office property in Prague (DE/CZ)

Union Investment has sold the Trianon office property in Prague, held by its open-ended real estate fund UniImmo: Europa, for around €53.8 million. The buyer is Czech investment management company ...

LondonMetric acquires Primark Distribution Unit in Thrapston for £60.5 mln (UK)

LondonMetric Property Plc , the UK REIT recently created through the merger of London & Stamford Property Plc and Metric Property Investments plc, announces the acquisition of the Primark Distribu ...

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