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ParkLake joint venture shopping centre completes debt-finance agreement (RO)
parklake

ParkLake, a 50:50 Sonae Sierra and Caelum Development joint venture project, has announced the signing of a debt-finance agreement for the shopping centre. The joint venture concluded an agreement ...

Nokia appoints JLL to manage capital projects
|©NOKIA

Nokia, the global technology company based out of Finland, has appointed JLL as the sole provider of Project Management Office (PMO) and portfolio manager services for their global portfolio, which ...

NSI acquires prime office portfolio from OVG Real Estate/Goldman Sachs joint venture
centerpoint 2

Goldman Sachs and OVG have sold the Cobra portfolio to NSI for €143.5 mln. In a JV with Goldman Sachs, OVG acquired the portfolio, formerly known as Unicum CV, from CBRE GI in 2013.   NSI ...

London is top beneficiary as Middle East investments in global real estate at new high (UK)
|© Anthony O'Neil

Tumbling oil prices in the first six months of this year did little to dampen Middle Eastern appetite for international real estate with outbound investment reaching a historic high. During the first ...

LondonMetric sells a further two retail assets for €44 mln (UK)
retail park image thumb

LondonMetric Property Plc (LondonMetric) announced that it has sold the DFS property in Enfield for €33.5 mln (£24.5 mln) on behalf of it’s DFS joint venture (Joint ...

Kungsleden seals €320 mln deal on new inner city cluster in Stockholm (SE)
| ©Gärdet-Frihamnen

Kungsleden AB (publ) has acquired four properties on Gärdet-Frihamnen and one in Hammarby Sjöstad, both Stockholm city districts, for €320 mln (SEK 3 bln) to create a new inner ...

KGAL acquires Austrian retail park Galleria Danubia Hainburg for their ARPP institutional fund (AT)
| ©Halpin/Ludwig Schedl

KGAL, the German based asset and investment manager, has acquired the Galleria Danubia in Hainburg – the fifth property for its institutional property fund Austrian Retail Park Portfolio ...

Foncière des Régions renews its real estate partnership with AccorHotels (FR)
| © Jean-François Gornet

Foncière des Régions and AccorHotels have committed to a renewed real estate partnership, with a bipartite deal that extends a relationship formed more than 10 years ago.   The ...

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