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Citycon divests €74 non-core portfolio (FN)
helsinki

Citycon has sold five properties comprising 46,800m² located across Finland to a Finnish investment fund, eQ Finnish Real Estate, for a total value of approximately €74m. The sales price is ...

L&G to develop 600,000ft² of industrial property (UK)
eldon way

Legal & General Property, on behalf of its Industrial Property Investment Fund, has secured planning permission and is in various stages of construction for approximately 600,000ft² ...

HB Reavis acquires third London site for £44m (UK)
|

Aberdeen Asset Management has sold the freehold interest in 61 Southwark Street to international real estate developer HB Reavis for £44m.   Aberdeen has recently been granted ...

Global shopping centre pipeline sees 2.9 million m² increase
construction

The global shopping centre pipeline continues to increase from 39 million m² in 2014 to 41.9 million in 2015 with Asian cities dominating nine out of the top 10 most active global markets, ...

IT companies expanding on Prague office market (CZ)
prague

The Prague office market is expecting its largest move in history. IT companies and business service centres are expanding and a lot of these firms are changing their seats in Prague.   Firms ...

Austin Reed falls into administration (UK)
administration

According to Reuters, British fashion retailer Austin Reed has fallen into administration, a day after department store BHS also sought creditor protection.   Executives from Alix Partners were ...

Cording appointed for asset management of Warburg-HIH Benelux portfolio
dealmaking

Cording Real Estate Group has taken over the asset management of Warburg-HIH Invest Real Estate´s property portfolio in the Benelux countries.   The portfolio currently comprises five ...

Neinver and ITG Immobilien Treuhand agree on long-term Fashion Outlet Halle Leipzig partnership (DE)
german fashion outlet halle leipzig

Neinver has entered into a long-term partnership with ITG Immobilien Treuhand GmbH, investor and owner of the Fashion Outlet Halle Leipzig in Germany. The agreement will see Neinver become the new ...

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