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Skanska to build Facebook's data center in Luleå, Sweden for €58 million (SE)

Skanska has signed a contract as general contractor for Facebook’s data center project in Luleå, Sweden. Skanska is responsible for all infrastructure on the project, such as utilities and r ...

Bridges Property Alternatives Fund invests into three transactions for €37.7 mln (UK)

Bridges Ventures announces the purchase of the first three investments by the Bridges Property Alternatives Fund, which completed a first closing in April 2014 with over £120 mln (approx. €150.7 ml ...

JLL brings Treveria Silo E Portfolio to the market (DE)

JLL has been instructed with the sale of 127 properties in the Treveria Silo E Portfolio. The decision to market the Portfolio was driven by the recommendation of loan servicer Hatfield Philips Intern ...

Orchard Street acquires Woolley Edge Motorway Service Station on the M1 in Yorkshire for €44.2 million (UK)

Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, announced that it has acquired the freehold of Woolley Edge Motorway Service Station ...

Hermes Real Estate sells three mixed-use business parks for €538 mln to Oaktree and Patrizia joint venture (UK)

Hermes Real Estate has exchanged on the sale of three MEPC mixed use parks for £430 million (approx. €538 million) at an initial yield of 7.3%. Funds managed by Oaktree Capital Management, L.P. ("O ...

Allianz buys Isartor City in the heart of Munich (DE)

Allianz has purchased the Isartor City office and retail property in the center of Munich. The property, which is home to shops, restaurants, a large cinema complex and offices, is located in the imme ...

GRI Europe Summit gathers real estate investment leaders in Paris in September

450+ senior level institutional real estate investors, lenders, developers and financiers will gather in Paris on 17-18 September for the 17th annual GRI Europe Summit. It is still possible to registe ...

The Crown Estate and Norges Bank Investment Management buy Church Commissioners holding in Pollen Estate for €477.6 mln (UK)

The Crown Estate, in partnership with Norges Bank Investment Management (NBIM), have purchased from the Church Commissioners for England their 64.2% holding in the Pollen Estate, for £381 mln (approx ...

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