Erste Real Estate acquires Mill Park office for €100m (HU)

Skanska has sold Mill Park, a two-building office project in Budapest, to the Erste Alapkezelo Zrt, a subsidiary of Erste Asset Management for €100m. The transaction marks the second ...

BNP Paribas REIM acquires three Ibis hotels in Munich (DE)

BNP Paribas REIM has acquired a portfolio of three Ibis hotels located in Munich for an undisclosed amount. The properties were built between 2012 and 2016 and compromise a total of 410 ...

Hines and Blue Noble invest in Milan student housing scheme (IT)

Hines has made its second entry into the Italian student housing market, with the acquisition of a site near Bocconi University, Milan, to develop a 650-bed accommodation facility. The ...

Immobel acquires Strassen office building (LU)

Immobel Luxembourg has acquired Thomas S.A., owner of the administrative building located at 1 rue Thomas Edison in Strassen. Situated in the neighbourhood currently undergoing complete ...

UK remains the most attractive market for Asian investment

Asian investment in European property reached unprecedented levels at the end of 2017, almost double the previous year exceeding €25.5bn, according to international real estate advisor Savills. ...

Neinver starts refurbishment works at Factory Poznan (PL)

Neinver has started renovation works of Factory Poznan outlet centre in Poland. The company, which operates four outlet centres in the Polish market, has already completed the refurbishment ...

Instone Real Estate acquires development site in Leipzig (DE)

Instone Real Estate has acquired a 9,400m² site in Leipzig for the development of the 210-unit residential scheme. It is expected that this will generate a sales volume of around €70m. ...

Schroder acquires €8.6m logistics asset in Rumilly (FR)

Schroder European Real Estate Investment Trust has completed the purchase of a freehold logistics property in Rumilly, France for €8.6m. The 16,700m² warehouse was acquired off a net ...

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