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Delhaize Group and Royal Ahold agree on €26 bln merger

Leading European food retailers Delhaize Group and Royal Ahold N.V. today announced that they have entered into an agreement to merge. The combined company, which will be named Ahold Delhaize, wil ...

TH Real Estate and Palmira Capital Partners acquire two logistics center (DE)

TH Real Estate and Palmira Capital Partners have acquired two recently developed logistics centres, one located in Mamming near Munich, and the other in Lehre near Wolfsburg. With a combined le ...

Citycon sells the new SAMK university campus in Pori (SE)

Citycon agrees to sell the Porin Asema-aukio property for approx. €57 mln to Swedish property company Hemsö on a forward sale basis. The sale covers the new campus of the Satakunta University of Ap ...

PATRIZIA sells Südewo for €1.9 bln (DE)

PATRIZIA Immobilien AG has sold Süddeutsche Wohnen Group (SÜDEWO) to Deutsche Annington. The purchase price for SÜDEWO, which comprises a portfolio of 19,800 apartments, is approx. €1.9 bln. ...

Axiare Patrimonio invests €51 mln in Madrid’s business district (ES)

Axiare Patrimonio has signed an agreement with Sareb to acquire 10,780 m² of prime office space in the heart of Madrid for €51 mln. This is the first operation the company has undertaken since succ ...

USAF acquires 2,100 bed student portfolio for approx. €375 mln (UK)

Unite Students, the UK's leading developer and manager of student accommodation, reports that the Unite UK Student Accommodation Fund (USAF), in which the Group has a 22% stake, has exchanged contract ...

SEGRO and M&G to dissolve Heathrow big box joint venture (UK)

SEGRO announced that it has exchanged contracts with M&G Real Estate to dissolve The Heathrow Big Box Industrial and Distribution Fund (HBB) ahead of its termination date in June 2016. ...

Rockspring and Clearbell acquire The Bower, Stockley Park (UK)

Rockspring Property Investment Managers LLP on behalf of its UK Value 2 LP and Clearbell Capital LLP, on behalf of Clearbell Property Partners II LP announce that they have jointly acquired The Bower, ...

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