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Cycas enters German market with Frankfurt Airport hotel deal (DE)
Cycas enters German market with Element Frankfurt Airport hotel deal (DE)

Cycas Hospitality is continuing its European expansion with the signing of its inaugural property in Germany. The hotel management company has secured a deal to operate the privately-owned 133-suite ...

Buccleuch and Wrenbridge acquire London Luma office building (GB)
Buccleuch and Wrenbridge acquire London Luma office building (GB)

Buccleuch Property and joint venture partner Wrenbridge have purchased the Luma building in London’s Clapham Road. Providing 25,000ft² of Grade A office accommodation over seven floors and ...

Shinhan Investment Corp acquires Florenc Office Center in Prague (CZ)
Florenc Office Center in Prague changes the owner (CZ)

ZFP Investments, represented by CBRE, has sold Florenc Office Center, commonly known as the KPMG HQ building in Prague, to Shinhan Investment Corp, a Korean based investment manager. The ...

LondonMetric sells three warehouses for €27m (GB)
LondonMetric sells three warehouses for €27m (GB)

LondonMetric Property has disposed of three distribution warehouses for €27m (£24.3m) to various buyers, reflecting a blended NIY of 5.4%. The sale price achieved is 4% above book ...

Meininger to open 122 room hotel in Reykjavik (IS)
Meininger to open hotel in Reykjavik (IS)

Meininger hotel group has signed an agreement for a hotel in Reykjavik, Iceland. The property is located on Vesturbaer district in Reykjavik, which is close to the city centre and the Harpa ...

Co-op to open 100 new stores in 2019 (GB)
Co-op to open 100 new stores in 2019 (GB)

The Co-op has unveiled plans to open 100 new food stores during 2019 as it builds on its convenience strategy to get closer to its members and customers.In addition to opening new stores, ...

Hana Financial Investment acquires Helix office building (DE)
Hana Financial Investment acquires Helix office building (DE)

Hines, advised Hana Financial Investment on the acquisition of the office building Helix in Frankfurt-Eschborn from a subsidiary of Commerzbank for an undisclosed sum, as part of a ...

PRS REIT acquires PRS sites with €119.6m GDV (GB)
PRS REIT buys sites with €119.6m GDV (GB)

PRS REIT has bought nine private rented sector sites in the UK, including two from Sigma Capital Group.  The completed site in Salford comprises 73 newly-built properties. Meanwhile, ...

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