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DIC Asset launches new fund and invests in retail properties (DE)

DIC Asset AG just launched its third institutional real estate fund (open-ended special AIF), “DIC Office Balance II.” The fund will commit itself in office properties in Germany, focusing on core ...

Rockspring acquires prime retail asset in central London for £19.7mln

Rockspring Property Investment Managers (“Rockspring”), on behalf of a separate account client, announced that it has completed the acquisition of 154/162 Tottenham Court Road and 33/37 University ...

Topland readies for £1billion float in 2015 (UK)

Topland Group, the investment house which is run by multi-billionaire Sol Zakay, is working up plans for a £1bln (approx. €1.262 bln) float of its hotels portfolio within the next year. ...

Shoreditch offices acquired for £33.55 million (UK)

Aberdeen Asset Management has acquired the freehold interests of Quick and Tower House in Shoreditch, EC2 from UBS Global Asset Management for £33.55mln (€42.3 mln). Quick and Tower House is ...

Schibsted has leased 380 m² of office space in Olivia Business Centre in Gdańsk (PL)

Schibsted Tech Polska, part of Schibsted Media Group, has leased 380 m² of office space in Olivia Four building in Gdańsk. JLL experts assisted in the search for the location and represented the ten ...

WELPUT buys 101 New Cavendish Street, W1 for £86.5 million (UK)

West End of London Property Unit Trust (WELPUT), advised by Grafton Advisors and managed by Schroder Property has exchanged contracts to buy the freehold interest in 101 New Cavendish Street at a pric ...

Prologis acquires 1 million ft² logistics properties in Europe (PL/HU)

Prologis, the global leader in industrial real estate, today announced that Prologis European Properties Fund II (“PEPF II”) has acquired two logistics facilities in Poland and Hungary. The ...

LJ Group has committed a total of €100 million of equity to Cresco Capital Group’s German student housing venture, Cresco Urban Yurt (EU)

The partnership has made its first acquisition, a landmark building on Frankfurter Tor in Berlin and will invest in excess of €60 mln into the development. The LJ Group the leading privately owned ...

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