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AccorHotels acquires Mövenpick Hotels & Resorts for €482m
AccorHotels acquires Mövenpick Hotels & Resorts for €482m

AccorHotels has signed an agreement with Mövenpick Holding and Kingdom Holding to acquire Mövenpick Hotels & Resorts, for €482m. The transaction will have an accretive impact ...

Sainsbury's and Asda agree on €15.1bn merger (GB)
Sainsbury's and Asda agree €15.1bn merger (GB)

J Sainsbury plc and Walmart Inc have agreed terms in relation to a proposed combination of Sainsbury's and Asda Group Limited, a wholly owned subsidiary of Walmart, to create an enlarged ...

Hines and Universal-Investment complete €600m Apple Paris store deal (FR)
Hines and Universal-Investment complete €600m Apple Paris store deal (FR)

Hines and Universal-Investment have completed the acquisition of 114 Champs-Elysées along with the long-term lease with Apple for approximately €600m from independent investment ...

Cromwell Property Group sells three buildings from the Equinox portfolio (NL)
Cromwell Property Group sells three buildings from the Equinox portfolio (NL)

Cromwell Property Group has sold three office buildings in the Netherlands from the Equinox portfolio, which it manages in a joint venture with Angelo Gordon.   The first asset, Oostplein ...

Atrium exists Romania with €95m sale of Bucharest mall
MAS Real Estate acquires Atrium Militari shopping centre in Bucharest for €95m (RO)

Atrium European Real Estate Limited has entered into an agreement to sell Atrium Militari shopping centre in Bucharest, Romania to MAS Real Estate Inc., for €95m representing a 9% ...

Xior acquires student housing site in Amsterdam for €47m (NL)
Xior acquires student housing site in Amsterdam for €47m (NL)

Xior Student Housing has acquired a site with three brand new buildings comprising a total of 247 units in Amsterdam for c. €47m.   The buildings were completed in 2018 and offer a ...

HighBrook Investors close Mesdag Delta deal (NL)
HighBrook Investors close Mesdag Delta deal (NL)

HighBrook Investors has completed the acquisition of the Mesdag Delta portfolio. The company secured the transaction on an off-market basis through partnering with the existing owner ...

Stenprop acquires fully-let industrial estate in Shrewsbury (GB)
Stenprop acquires fully-let industrial estate in Shrewsbury (GB)

Stenprop has acquired a fully-let industrial estate in Shrewsbury for €3.3m (£2.9m) in line with its stated strategy to focus on UK multi-let industrial (MLI) property. The purchase ...

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