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PLP grows UK logistics portfolio
PLP grows UK logistics portfolio

PLP has contracted to acquire four high-quality logistics development sites in the UK. The assets have a combined land area of 130 acres and are located in Leeds, Sheffield, Crewe and Knowsley. ...

Neo Capital acquires €50m office complex in Rotterdam (NL)
Neo Capital acquires €50m office complex in Rotterdam (NL)

Neo Capital has purchased Weena 200 in Rotterdam from Blackstone for €50m. The asset offers 173,000ft² of prime office space across three multi-let commercial towers and is ...

Domus Vivendi starts work on prime office development in Mallorca (ES)
Domus Vivendi starts work on prime office development in Mallorca (ES)

Domus Vivendi Group has received official planning consent from the Mallorcan authorities for €26m "The Circle" office building in the "Son Bugadelles" business park, near Santa ...

Supermarket Income REIT acquires regional Tesco store for €52m (GB)
Supermarket Income REIT acquires regional Tesco store for €52m (GB)

Supermarket Income REIT has acquired a Tesco Extra supermarket in Mansfield, Nottinghamshire, from the Charities Property Fund (CPF) for €52m (£45m) (net of acquisition costs), ...

Savills IM appoints Alex Jeffrey as new CEO
Savills IM appoints Alex Jeffrey as new CEO

Savills Investment Management has appointed Alex Jeffrey as its new Chief Executive Officer. He will join the firm in late 2019, subject to regulatory approval, and will be based in ...

British Land sells 12 Sainsbury’s stores for €496m (GB)
British Land sells 12 Sainsbury’s stores for €496m (GB)

British Land has sold 12 superstores from its joint venture with Sainsbury’s for €496m (£429m), representing a net initial yield of 5.0%, to Realty Income ...

NBG Pangaea REIC and Invel Real Estate acquire Hilton Cyprus for €55.5m
NBG Pangaea REIC and Invel Real Estate acquire Hilton Cyprus for €55.5m

NBG Pangaea REIC and Invel Real Estate acting through Vibrana Holdings have completed the acquisition of 98% of the shares of The Cyprus Tourism Development Public Company Limited ...

Union Investment acquires Neuer Kanzlerplatz complex in Bonn (DE)
Union Investment acquires Neuer Kanzlerplatz complex in Bonn (DE)

Art-Invest Real Estate has reached an agreement with Union Investment on the sale of Neuer Kanzlerplatz in Bonn, Germany. Union Investment will take over the building ensemble after completion, which ...

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