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Kennedy Wilson and Varde purchase portfolio of eight UK shopping centers for £250 million (UK)

International real estate investment and services firm Kennedy Wilson and Varde have acquired a portfolio of eight shopping centers out of administration for £250 million (approx. €297.17 million). ...

Topland funds office acquisition for flagship hotel conversion (UK)

A joint venture between developers Union Hanover Securities and Southern Grove has acquired a 75,000 ft² (approx. 6,970 m²) office building, Black Lion House, E1 from CIT for conversion to the flags ...

TAG Immobilien AG sells office building in Munich to Fiduciary Capital GmbH (DE)

TAG Immobilien AG announced that it has sold an approximately 30,000 m² office building in Munich-Obersendling to Fiduciary Capital GmbH. The property is located in Gmund Street (corner of Hofmann ...

Vastned sells stake in Het Rond shopping center to Altera Vastgoed (NL)

Vastned, the listed European retail property fund focusing on venues for premium shopping, has sold its 50% stake in shopping center Het Rond in Houten to co-owner Altera Vastgoed. Taco de Groot, V ...

IMMOFINANZ Group launches Riverpark residential project in Poland (PL)

IMMOFINANZ Group is starting construction on a residential project in Poznań, the fifth largest city in Poland. The Riverpark will have 189 apartments with 11,852 m² of space, and completion is sche ...

Hermes makes major French sale-and-leaseback deal (FR)

Hermes Real Estate Investment Management Limited (HREIML) has acquired a 75% interest in a diversified sale and leaseback portfolio of French wholesale stores from METRO Cash and Carry France (MCCF) a ...

British Land acquires 50% stake in SouthGate, Bath for £101 million (UK)

British Land is pleased to announce that it has entered into an agreement to purchase 50% of SouthGate in Bath from Multi Southgate (LP) Limited for £101 million. The remaining 50% is owned by Aviva ...

Fonciere des Regions sells its Altera stake to Crédit Agricole for €115 million (FR)

Fonciere des Regions, a French property company reported yesterday that it has sold the 7.65% interest that it owned in Altarea Cogedim, a French retail retail property developer and owner, to Crédit ...

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