PGIM Real Estate acquires M Campus office campus in Paris (FR)

PGIM Real Estate has signed an agreement to acquire M Campus, a 45,000 m² office campus in Meudon, on the outskirts of Paris.The property was purchased from a joint venture between Norges ...

Savills IM launches successor European retail fund

Savills Investment Management has announced the launch and first closing of its Europe V – Retail Fund. The fund will invest in local shopping centres, retail parks, designer outlet ...

pbb provides €37m investment facility for JR AMC's Porr Tower deal (AT)

pbb Deutsche Pfandbriefbank has provided an investment facility of €37m to companies managed by JR AMC Co., Ltd. (JR AMC) on behalf of a consortium of Korean Investors. The funds will be ...

Growth of prime office rents in Europe’s CBDs shows no sign of abating in 2018

European prime office rents saw an average year-on-year (yoy) rental increase of 6% in 2017, their fifth consecutive year of growth and they show no sign of abating for at least another three years, ...

Secure Income REIT acquires €489.5m UK leisure and hotel portfolio

Secure Income REIT has exchanged contracts for the acquisition of two substantial off-market portfolios at a total cost of €489.5m (£436m).   The first portfolio ...

Patrizia acquires prime office complex in Bad Homburg (DE)

Patrizia Immobilien AG, acting on behalf of the Patrizia ‘Gewerbe-Immobilien-Deutschland III’ fund, has acquired the Marienbader Höfe office property in Bad Homburg. The company ...

Travelodge invests €268.9m in UK expansion programme (GB)

Travelodge, the UK’s first budget hotel chain has announced the next stage of its extensive UK expansion programme. The group expects to open 20 new hotels (over 1,900 rooms) across the UK ...

BMO REP acquires prime retail property in Paris (FR)

BMO Real Estate Partners (BMO REP), acting on behalf of its pan-European retail property investment fund, has purchased a prime luxury retail property located on rue du Faubourg ...

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