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Philips Pension Fund and Deka complete the largest real estate transaction in the Netherlands in 2013 (NL)

Philips Pension Fund and Deka Immobilien GmbH have agreed on the sale of Symphony Offices at the Gustav Mahlerlaan, Amsterdam. The building is sold for circa €215.1 million, making it the largest re ...

Wainbridge completes £114 million acquisition of 11-15 Grosvenor Crescent for high-end residential redevelopment (UK)

Wainbridge Limited announced that, on behalf of Wainbridge Estates Belgravia Limited, it has completed the acquisition of 11-15 Grosvenor Crescent from Grosvenor for £114 million (approx. €136.7 mi ...

Hercules Unit Trust sells shopping park in Hayle for £26 mln (UK)

Hercules Unit Trust has sold the West Cornwall Shopping Park in Hayle to IM Properties for £26 million (approx. €31.2 million), reflecting a net initial yield of 5.4%. The 50,000 ft² (approx. 4 ...

Hammerson and Aviva sell Queensgate Shopping Center to Invesco for £202 million (UK)

Hammerson plc and Aviva Investors, who own Queensgate Shopping Centre in Peterborough in a 50:50 joint venture, have exchanged contracts to sell the freehold of the center to Invesco Real Estate for  ...

CBRE Global Investors sells six office buildings in the Netherlands (NL)

CBRE Global Investors announces the completion of the sale of six office buildings in the Netherlands on behalf of the CBRE Dutch Office Fund to real estate funds managed by Blackstone. The 70,000 ...

Londonmetric creates £175 million joint venture with LVS to acquire DFS portfolio (UK)

LondonMetric Property Plc has exchanged contracts to acquire a portfolio of 27 DFS assets from the administrators to Delphi Properties Limited for a purchase price of £175 million (approx. €209.6 m ...

W. P. Carey affiliates acquire retail portfolio from Agrokor for €67 million (HR)

W. P. Carey Inc. announced today that CPA®:17 – Global and CPA®:18 – Global, two of its publicly-held non-traded REIT affiliates, acquired five modern retail stores from Agrokor in Croatia. A ...

Quinn sells Sofia Hilton and Krakow Sheraton for €62 million (BG/PL)

The CEE Investment Team at Jones Lang La Salle Hotels & Hospitality Group has acted as the exclusive sales agents and advisors to Quinn Insurance and its administrators at Grant Thornton Dublin in ...

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