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Klövern to acquire Globen City in Stockholm (SE)

Klövern has signed a letter of intent with The Carlyle Group regarding an acquisition of Globen City involving the properties Arenan 2, 3, 6 and 8 in Stockholm, and Startboxen 3 in Solna. The total l ...

IVG sells office building in Brussels to Home Invest Belgium (BE)

International real estate advisor Savills and CBRE have advised IVG Institutional Fund on the sale of a 7,700 m² office building at 204 Avenue Marcel Thiry in Brussels to Home Invest Belgium for €7 ...

Activum acquires Atrium office building in Leipzig (DE)

Activum SG Capital Management Ltd., the German focused real estate fund manager, has newly acquired a 22,000 m² office building called “Atrium” from the Royal Bank of Scotland (RBS).  It is the ...

British Land Sells Eastgate Shopping Centre in Basildon for £88.6 mln (UK)

British Land has sold the freehold of Eastgate Shopping Centre in Basildon to Infrared Capital Partners for £88.6 million (approx. €107.7 million) The 700,000 ft² (approx. 65,032 m²) scheme co ...

Grainger receives planning for £110 million ‘build to rent’ residential developments (UK)

Grainger plc, the UK’s largest listed residential property owner and manager, today announces that The Royal Borough of Kensington and Chelsea has granted detailed planning permission for 84 new hom ...

IMMOFINANZ Group acquires five commercial parks in Slovenia and Czech Republic (SI/CZ)

IMMOFINANZ Group is continuing the expansion of its successful STOP.SHOP. retail warehouse chain: at the end of December, five operational commercial parks - four in Slovenia and one in the Czech Repu ...

Corio closes contract with Primark for Centrum Galerie in Dresden (DE)

Corio has signed a contract with Primark to open a store in Centrum Galerie in Dresden in Germany with a sales area of 6,500 m² . The Primark store will anchor the center over three levels. This is t ...

Union Investment acquires office property in Essen for institutional real estate fund (DE)

Union Investment has added a further property in a mid-sized German city to its institutional UniInstitutional German Real Estate fund by acquiring Kettwiger Tor in Essen. The vendor is a Hamburg-base ...

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