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GEG invests €140m in German office market
GEG invests €140m in German office market

GEG German Estate Group has acquired two properties in Germany for a total of c.€140m. The first asset, the Karl-Arnold-Platz 1 (KAP1) in Dusseldorf, was purchased ...

Patisserie Valerie rescued from administration (GB)
Patisserie Valerie rescued from administration (GB)

Causeway Capital Partners has concluded an agreement to acquire the assets and business of Patisserie Valerie from its administrators KPMG for an undisclosed amount. The transaction ...

Eastnine invests €128.3m in Vilnius office park (LT)
Eastnine invests €128.3m in Vilnius office park (LT)

Eastnine has signed an agreement to acquire Building I, II and III of S7, a newly built and sustainable A-class office park in Vilnius’ central business district. The properties have a total ...

IHG acquires luxury hotel operator Six Senses for €266m
IHG acquires luxury hotel operator Six Senses for €266m

InterContinental Hotels Group (IHG) has acquired Six Senses Hotels Resorts Spas, one of the world’s leading operators of luxury hotels, resorts and spas. The €266m ($300m) cash ...

Goodman acquires prime industrial site in London (GB)
Goodman acquires prime industrial site in London (GB)

Goodman Group, acting through the Goodman UK Partnership (GUKP), has acquired a 9.5-acre site in Park Royal, London. The acquisition is in line with Goodman’s global strategy to own, develop ...

Cromwell sells Manchester office building for €7.8m (GB)
Cromwell sells Manchester office building for €7.8m (GB)

Cromwell Property Group, acting on behalf of Cromwell European Diversified Fund, has sold Poseidon House in Cheadle, South Manchester, to a London based private investor for €7.8m ...

Legal & General provides €478.4m financing for London mixed-use scheme (GB)
Legal & General provides €478.4m facility for London office scheme (GB)

LGIM Real Assets, acting on behalf of its clients including Legal & General Retirement Institutional (LGRI), has provided €478.4m (£420m) in long-term financing to support ...

Invesco Real Estate acquires Garage Traversi in Milan (IT)
Invesco Real Estate acquires Garage Traversi in Milan (IT)

Invesco Real Estate has acquired Garage Traversi in Milan, Italy for its core pan-European flagship strategy. The purchase price was not disclosed. The c. 6,000m² asset was built in 1938 ...

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