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NREP acquires 30,000 m² necessity-anchored retail property in Finland (DK/FI)

NREP’s Nordic Retail Fund 2 has acquired an approx. 30,000 m² necessity anchored retail property located in Hämeenlinna, Finland. The fund invested approximately €200 million during 2013 and NRE ...

LEG Immobilien AG purchases portfolio of 537 residential units in North Rhine-Westphalia (DE)

LEG Immobilien AG (LEG) has purchased a portfolio of 537 residential units in North Rhine-Westphalia. The apartments are located in the attractive growth market of Cologne and other stable locations o ...

NCC sells two retail properties in Denmark for SEK 99 million (DK)

NCC has sold two retail properties for SEK 99 million (approx. €9.9 million). The divestments are retail properties, one in Kolding and one in Hillerød, Denmark. Transfer of ownership took place in ...

Lothbury completes acquisition of £110 mln Manchester office building (UK)

Lothbury Investment Management (LIM), on behalf of Lothbury Property Trust, has completed the purchase of one of Manchester’s pre-eminent office buildings for £19.9 million from a syndicate of priv ...

Grainger sells £88 mln residential portfolio and enters long-term agreement with Clifden (UK)

Grainger plc, the UK’s largest quoted residential property owner and manager, announces that it has exchanged contracts and completed on the sale of its interest in a portfolio of 1,203 properties l ...

Schroder REIT to acquire Arndale Centre in Headingley for £16.23 million (UK)

Schroder Real Estate Investment Trust Limited announces that it has exchanged unconditional contracts to acquire the Arndale Centre in Headingley for £16.23 million from Joint Fixed Charge Receivers. ...

M&G Real Estate partners with Aberdeen Asset Management to create £210 mln client fund structure (UK)

M&G Real Estate has formed a joint venture with Aberdeen Asset Management to create a new fund structure, known as The Two Rivers Limited Partnership, with a value in excess of £210 million. ...

pbb Deutsche Pfandbriefbank provides c. £48 million of acquisition finance to Harbert European Real Estate Fund III, LP (DE/UK)

pbb Deutsche Pfandbriefbank has provided a c. £48 million facility to a subsidiary of Harbert European Real Estate Fund III, LP which is advised by Harbert European Fund Advisors Limited. The facilit ...

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