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Vinci St. Modwen and CGMA complete development agreement for the regeneration of new Covent Garden Market (UK)

VINCI St. Modwen, the 50/50 joint venture between St. Modwen Properties PLC and VINCI PLC, and its partner the Covent Garden Market Authority (CGMA), today announces that the commercial contracts and ...

JLL secured €30 mln financing for Hermes Business Campus (RO)

JLL has successfully secured financing of €30 mln for Hermes Business Campus from one of the most dynamic and innovative banks on the local market, on behalf of Atenor Group, the developer of the of ...

Benson Elliot extends UK regional office programme to Glasgow with St Vincent Street acquisition (UK)

Benson Elliot, the UK-based private equity real estate fund manager, has acquired 150 St. Vincent Street in Glasgow in an off-market transaction from UK institution F&C REIT. The acquisition exten ...

M&G Real Estate makes next move into UK big six offices market with €99.4 mln purchase in Glasgow (UK)

M&G Real Estate has acquired a prime office asset, Aurora, in Glasgow, for £72.6 mln (€99.4 mln) from CS EuroReal, reflecting a net initial yield of 6.18%. This off-market transaction was made ...

Foreign investments in Montenegro reach €5.5 bln (ME)

Montenegro tops the Balkan region regarding the volume of foreign investments, says Milos Jovanovic, head of the country’s agency for investment promotion. Jovanovic says that foreign inv ...

Axiare aquires two office properties in Madrid for €40.5 mln (ES)

The Socimi Axiare announced the acquisition of two office properties in Madrid for a total of €40.5 mln. This transaction adds 14,362 m² of Gross Lettable Area (GLA) to the Company’s property por ...

Blackstone raises largest real estate fund of all time

In 2015, Q1 saw another strong quarter for private equity real estate fundraising, with $29 bln (approx. €26.6 bln) raised. More than three-quarters of the capital raised in the quarter was by just ...

Globe Trade Centre S.A. sells Kazimierz Office Center in Krakow for €42 mln (PL)

Globe Trade Centre S.A. (GTC), a leading commercial real estate company has announced the signing of a preliminary sale agreement for the sale of Kazimierz Office Center in Krakow, Poland. GTC ...

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