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Sonae Sierra records €110m net profit in 2017
Sonae Sierra records €110.0m net profit in 2017

Sonae Sierra has announced that it recorded a net profit of €110m in 2017 (compared €181.2m in 2016). The company's EBIT reached €105m, showing an 8.5% increase over the ...

Urbeo Residential to raise €400m for Irish PRS Fund
Urbeo Residential to raise €400m for Irish PRS Fund

Urbeo Residential, a new mixed-tenure Irish housing fund, is planning to raise €300-400m to scale up its investments in the Irish private rented sector (PRS). The fund is focused on providing ...

CBRE GI complete EMEA transactions for €12.5bn in 2017
CBRE GI complete EMEA transactions for €12.5bn in 2017

  CBRE Global Investors has completed €12.5bn of transactions in EMEA during 2017. This includes €7.2bn of acquisitions and €5.3bn of disposals. In addition, the ...

Taylor Wimpey acquires development site at Cadley Park (GB)
Taylor Wimpey acquires resi development site at Cadley Park (GB)

Harworth Group plc, the brownfield regeneration and property investment specialist, has achieved the first land sale at its Cadley Park development in Swadlincote, Derbyshire, to listed ...

Union Investment acquires prime office property for €120m (SE)
Union Investment acquires prime office property for €120m (SE)

Union Investment has acquired the U6 office property comprising approximately 18,000 m² of rental space in Solna near Stockholm. The majority of the office space in the building, which was ...

Omega Real Estate and French Yxime launch joint venture
OMEGA Immobilien and Yxime join forces to invest in Germany

Omega Immobilien Group has agreed a joint venture with the French property management service provider Yxime, a Duval Group company. The aim of the cooperation is to grant Yxime’s customers ...

CLS acquires London office property for €57.4m (GB)
CLS acquires London office property for €57.4m (GB)

CLS has unconditionally exchanged contracts to acquire Harman House, 1 George Street, Uxbridge, for €57.4m (£51m) including costs.    The property comprises 129,060 ft² ...

Russia's Lenta sales up 19% in 2017
Russia's Lenta sales up 19% in 2017

Lenta Ltd, one of the largest retail chains in Russia, has announced that its total sales grew 19.2% to €5.2bn (Rub 365.2bn) in 2017. The company's adjusted EBITDA grew 11.8% ...

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