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Cordea Savills UK Income and Growth Fund acquires two new assets (UK)

Cordea Savills, the international property fund manager, has raised further equity and completed the purchase of two assets worth a total of nearly £10 million (approx. €11.6 million) on behalf of i ...

LaSalle acquires office buildings in Blackfriars for Premier Inn hotel conversion (UK)

LaSalle Investment Management has exchanged contracts on the acquisition of numbers 1 & 2 Dorset Rise in Blackfriars, London in a £47-million (approx. €54.7-million) transaction. The acquisition ...

IVG extends financing for THE SQUAIRE as planned through the end of 2013 (DE)

IVG Immobilien AG has achieved two important steps in its efforts to realign its financial structure.In a binding agreement with the current syndicate banks, the existing financing for the project THE ...

New entity will invest in nine new Dutch hotels (NL)

Interstate Hotels & Resorts and TVHG Budget Management Group announced they will jointly invest in nine new Dutch hotels under the name Dutch Hotel Partners.Bart van de Kamp, CEO of TVHG commented ...

Topland buys Glasgow Hilton for £35.7 million (UK)

Topland Group, one of the largest privately owned international investment groups is pleased to announce the purchase of the prestigious Hilton Glasgow on William Street for £35.7 million (approx. € ...

NCC secures assignment from Alecta to build new block in Sundbyberg for SEK 550 million (SE)

NCC Construction Sweden has secured an assignment to refurbish and construct new premises in the Plåten block in central Sundbyberg. The customer is Alecta, which is planning a new property block fea ...

McAleer & Rushe sells £200-million W Hotel to Qatari investor (UK)

In one of the most high profile hotel transactions of the year McAleer & Rushe has exchanged contracts to sell its glamorous W London-Leicester Square hotel-led mixed use scheme to a Qatari-based ...

Union Investment acquires Crowne Plaza project in Amsterdam (NL)

Union Investment has acquired the Crowne Plaza development project in Amsterdam South. A 20-year lease is in place with a long-standing partner of Union Investment which is not disclosed nor the detai ...

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