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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 ...

Deka Immobilien acquires Neumarkt Galerie in Cologne for €295 million (DE)

Deka Immobilien GmbH has signed a contract of sale for the Neumarkt Galerie shopping center in Cologne. The seller is a property company managed by the Irish-German real estate company Signature Capit ...

CBRE sells German office tower for a separate account client and reinvests in two properties across Europe (EU)

CBRE Global Investors has completed a series of transactions on behalf of one of its separate account clients as part of an active management strategy focusing on enhancing the client’s direct retur ...

Hammerson acquires Saint Sébastien shopping center in Nancy (FR)

Hammerson has agreed to acquire the majority stake in Saint Sébastien shopping center in Nancy, North East France, from AXA Real Estate on behalf of one of its clients for £109 million (approx. €1 ...

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