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Land Securities sells Bankside to M&G Real Estate (UK)

Land Securities has agreed to sell Bankside 2 & 3, SE1, and its retail holdings in Bankside 1, to M&G Real Estate Limited for £315 million (approx. €371.6 million), reflecting a net initial ...

PATRIZIA to construct over 1,000 apartments in Düsseldorf (DE)

PATRIZIA Immobilien AG will construct a completely new urban quarter with over 1,000 apartments on a former glassworks site in the Gerresheim district of Düsseldorf, thus creating urgently needed res ...

World Retail Congress unveils 2013 award winners

French luxury group LVMH was named ‘International Retailer’ of the year last night, at the World Retail Awards black tie gala dinner last night. The award was collected by the former CEO and Chair ...

Rockspring announces plans for ‘Skylab’ in Geneva (CH)

Rockspring announced that it has committed CHF150 million (approx. €122 million) to a new-state-of-the-art office development, ‘Skylab’ located in the world renowned Plan-les-Ouates, Geneva. A g ...

Plans for 1.4 million ft² London South Bank regeneration scheme approved (UK)

Global alternative asset manager The Carlyle Group announces that the Southwark Council’s Strategic Planning Committee last night approved Carlyle’s planning application to replace the Sampson Hou ...

Land Securities and British Land sell Bon Accord and St Nicholas, Aberdeen for £189 million (UK)

Group PLC and British Land, has exchanged contracts to sell the Bon Accord and St Nicholas shopping centres in Aberdeen to F&C REIT for £189 million (approx. €223.8 million). The Bon Accord ...

M&G Investments acquires student accommodation in Bournemouth (UK)

M&G Investments has acquired three prime student accommodation blocks in Bournemouth on a freehold basis for £38.05 million (approx. €45 million) from Spectrum Housing Group. Lyme Regis Hous ...

Deka Immobilien buys Baltico office building in Lisbon (DE/PT)

Deka Immobilien GmbH has acquired the Baltico building, paying €43 million for this office property in Lisbon. The vendor is Portuguese construction company Mota-Engil. This asset will now be transf ...

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