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Croydon Partnership acquires leasehold interest in the Whitgift Centre (UK)

The Croydon Partnership, the joint venture between Westfield and Hammerson, has made significant progress in its land assembly programme with the acquisition of Whitgift Trust’s 50% long leasehold i ...

Mercury Logistics Park was sold by Heitman (RO)

Mercury Logistics Park was sold, with JLL acting on behalf of the seller, the global investment fund manager, Heitman. Mercury Logistics Park is located within the main logistics and distributi ...

Land Securities sells Times Square, London, EC4, to Blackstone for €366 mln (UK)

Land Securities has exchanged contracts to sell its 95% stake in Times Square, London, EC4, to real estate funds managed by Blackstone for £268.4 mln (€366 mln). Completion will be at the end of Ju ...

Spanish commercial property returns hit double figures for first time since the recession (ES)

MSCI Inc., a leading provider of investment decision support tools worldwide, has released the IPD Spain Annual Property Index data, which demonstrates further signs of a recovery in the commercial re ...

IMMOFINANZ announces voluntary partial offer for CA Immobilien Anlagen AG (EU)

The Executive Board and Supervisory Board of IMMOFINANZ AG decided today to make a voluntary partial public offer (in accordance with the Austrian Takeover Act) for the purchase of a minority interest ...

Klépierre and Corio will merge at the end of the month (FR/NL)

Klépierre S.A. and Corio N.V. today announce that all conditions precedent to the implementation of the merger of Klépierre and Corio have been fulfilled. The merger is scheduled to take effect on 3 ...

Valad boosts UK portfolio with €32.8 mln of acquisitions for its Valad European Diversified Fund (UK)

Valad Europe, the leading independent diversified real estate investment manager, has acquired three UK properties for a total of £23.7 mln (€32.7 mln) on behalf of the Valad European Diversified F ...

Tristan Fund EPISO 3 completes €31 mln purchase of German logistics park (DE)

An opportunistic fund advised by pan‐European real estate investment manager Tristan Capital Partners has purchased a 24.3 hectare logistics park in the major German distribution hub of North Rhine, ...

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