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AccorHotels completes Movenpick deal
AccorHotels completes €482m Movenpick deal

AccorHotels has completed its acquisition of Movenpick Hotels & Resorts. The Enterprise Value (EV) represents €482m and encompasses 100% of Movenpick company’s share capital, as ...

Coca-Cola acquires Costa Coffee for €4.4bn (GB)
Coca-Cola acquires Costa Coffee for €4.4bn (GB)

The Coca-Cola Company has reached a definitive agreement to acquire Costa Limited, which was founded in London in 1971 and has grown to become a major coffee brand across the world. ...

Union Investment sells two office properties in Helsinki for €34m (FI)
Union Investment sells two office properties in Helsinki for €34m (FI)

Union Investment has sold the Plaza Pilke and Plaza Hehku office buildings in Helsinki. The properties are located in the Aviapolis submarket close to the airport and have a combined rental area ...

Oh Kino joins ArtN with a new concept (PL)
Oh Kino joins ArtN with a new concept (PL)

ArtN – the revitalization project of the former Norblin factory area in the Warsaw’s Wola district – will feature a cinema concept that has not been available anywhere in Poland ...

Europa Capital secures Marriott for London’s Midtown office scheme (GB)
Europa Capital signs Marriott for London’s Midtown office scheme (GB)

Europa Capital, in partnership with Hobart Partners, has pre-let two floors totalling 30,000ft² of its Fetter Yard office scheme to Marriott International on a new 15-year lease to house its ...

DIC Asset AG acquires Infinity Office in Dusseldorf for €153m (DE)
DIC Asset AG secures Infinity Office in Dusseldorf for €153m (DE)

DIC Asset AG has signed a contract to secure the new-build construction project “Infinity Office” in Dusseldorf for its proprietary portfolio within the framework of a forward deal in a ...

Demand from “Big Tech” underpins strong office market in Dublin (IE)
Demand from “Big Tech” underpins strong office market in Dublin (IE)

The amount of office construction in Dublin is at levels seen in the last property boom, but there is still little evidence of overcapacity in the market, according to HWBC’s H1 2018 Dublin ...

Bank of Cyprus sells €2.7bn NPL portfolio to Apollo
Bank of Cyprus sells €2.7bn NPL portfolio to Apollo

Bank of Cyprus has reached an agreement for the sale of a portfolio of loans with a gross book value of €2.8bn secured by real estate collateral to Apollo Global Management. The portfolio has a ...

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