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Great Portland Estates announces €575 million of financing (UK)

Great Portland Estates plc ("GPE") announced that it has signed a new £450 million (€575 million) unsecured revolving credit facility with a group of seven relationship banks. The facility has an i ...

Union Investment acquires real estate company in Brussels holding the “Newcort” building (BE)

Union Investment, on behalf of its institutional fund DEFO-Immobilienfonds 1, has acquired a real estate company in Brussels holding, the NewCort office building which is located on Avenue de Cortenbe ...

Skanska sells office project in Krakow for €29 million (PL)

Skanska has sold one of the buildings of its office project Kapelanka 42, Krakow, Poland. The building was acquired by a special purpose vehicle of REINO Dywidenda FIZ, the first dividend real estate ...

IHG signs two hotels under its eighth multiple development agreement in Germany (DE)

InterContinental Hotels Group, one of the world’s leading hotel companies, announced the signing of two Holiday Inn® hotels under its eighth multiple development agreement (MDA) in Germany. ...

Deutsche Bank SpA and Hines Italia SGR agree to set up a real estate fund (EU)

Deutsche Bank SpA and Hines Italia SGR announce an agreement to transfer a portfolio of 90 Italian branches of the Bank to a newly established real estate fund reserved for institutional investors. ...

LaSalle acquires the Denkraum office building in Munich for €29 million (DE)

LaSalle Investment Management, the leading global real estate investor, has acquired the Denkraum office building in Munich, Germany, on behalf of a separate client account for €29 million. L ...

Evolve Estates invests in St. Martin's Walk Shopping Center in Dorking (UK)

Evolve Estates has purchased the long leasehold interest in St Martin’s Walk shopping center in Dorking, along with an adjacent retail block, from Stamford Properties Ltd. The 64,000 ft² (5, ...

East Capital acquires Metro Plaza office center in Tallinn (EE)

East Capital Baltic Property Fund II (“the Fund”), managed by East Capital, has acquired the Metro Plaza office building in Tallinn, Estonia. The property, located in the central business district ...

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