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IVG fund sells the Alsterhaus in Hamburg (DE)

With the sale of the Alsterhaus, a prestigious property on the famous Jungfernstieg in Hamburg, institutional investors in a special fund managed by IVG have achieved an attractive return. IVG Institu ...

Invel Real Estate buys into National Pangaea REIC for €653 million (NL/GR)

National Bank of Greece has announced that it signed with Invel Real Estate (Netherlands) II BV for the sale and transfer of a 66% stake in subsidiary National Pangaea REIC at current valuations (NAV) ...

Orchard Street acquires Stadium Retail Park, Wembley (UK)

Orchard Street Investment Management LLP has acquired Stadium Retail Park, Wembley for £14.2 million (approx. €17 million) from Quintain Estates and Development PLC. The purchase, reflecting a net ...

KPMG to lease up to 10,000 m² in Gdanski Business Center office building, Warsaw (PL)

KPMG will lease up to 10,000 m² of office space in the Gdański Business Center office building in Warsaw. The Warsaw office is one of seven KPMG locations in Poland along with Gdańsk, Łódź, Kato ...

BUWOG acquires residential portfolio in Berlin and surrounding areas for €50 million (DE)

BUWOG, a wholly owned subsidiary of IMMOFINANZ Group, has acquired another residential package in Germany. The portfolio is located in Berlin and in the surrounding areas of the capital and encompasse ...

Europa Capital and Goodman JV completes £12.8 million logistics investment sale (UK)

Europa Capital and global integrated property group Goodman, have completed the investment sale of the 112,200 ft² prime warehouse let to Kent County Council at Aylesford Commercial Park, New Hythe, ...

AXA Real Estate and NBIM agree €164.1 million acquisition of SZ Tower in Munich (DE)

AXA Real Estate Investment Managers (“AXA Real Estate”), acting on behalf of AXA France Insurance Companies, and Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pensi ...

Prime Office sells the SZ-Tower in Munich for €164.1 million (DE)

Prime Office has sold the headquarters of publishing company Süddeutscher Verlag – the so called SZ-Tower – in Munich to an international investment consortium for €164.1 million. The contra ...

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