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TPFG and Belvoir Group PLC agreed all-share merger creating €250m company (GB)
TPFG acquired Belvoir Group for €117m (GB)

The Property Franchise Group PLC (TPFG) reached an agreement to acquire Belvoir Group PLC for c. €117m on January 10, 2024.  The Merger is expected to become Effective during the first ...

CapMan purchased two resi assets in Espoo (FI)
CapMan purchased two resi assets in Espoo (FI)

CapMan Residential Fund (CMRF) acquired two high-quality residential assets at the end of 2023. The transaction is the seventh investment for CapMan’s pan-Nordic core residential ...

Invesco sells Bondorf logistics asset to REWE Group (DE)
Invesco sells Bondorf logistics asset to REWE Group (DE)

Invesco Real Estate has sold its Bondorf logistics asset in southwest Germany to one of the facility’s current tenants, REWE Group, a leading food retailer in Germany. The sale was completed in ...

Patron Capital and INBRIGHT acquire light industrial property in Cologne (DE)
Patron Capital and INBRIGHT acquire light industrial property in Cologne (DE)

Patron Capital and INBRIGHT have purchased a property in Cologne as part of their investment program to create a portfolio of light industrial assets in Germany. The portfolio's total worth is ...

LXi REIT plc to sell 66 Travelodge hotels for €245.7m
LXi REIT plc to sell 66 Travelodge hotels for €245.7m

LXi REIT plc has exchanged contracts unconditionally on the sale of 66 Travelodge branded hotels to the Travelodge group for €245.7m, which is in line with the latest (30 September 2023) book ...

LondonMetric completes logistics acquisition and office sale (GB)
LondonMetric completes €24.6m logistics acquisition and €8.7m office sale (GB)

LondonMetric Property Plc (LondonMetric) has completed the acquisition of a long-let distribution warehouse in Doncaster for €24.6m, reflecting a NIY of 6.3%.   The 24,526m2 regional ...

IJM Land purchased historic site in Hertfordshire for mixed-use complex (GB)
IJM Land purchased historic site in Hertfordshire for mixed-use complex (GB)

IJM Land, a UK subsidiary of Malaysia’s IJM Land, has purchased the historic site in Welwyn Garden City, Hertfordshire, which was previously occupied by Shredded Wheat, the cereal giant. The ...

Select Property secured a €52m from Close Brothers (GB)
Select Property secured a €52m development finance from Close Brothers (GB)

Select Property secured a €52m development finance from Close Brothers for its first Affinity Living build-to-rent development in Birmingham. The new 266-unit property, Affinity Living Lancaster ...

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