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Derwent exchanges contracts on Grosvenor Place (UK)

Derwent London plc has exchanged contracts to sell its 50% interest in 1-5 Grosvenor Place SW1 to The Hongkong & Shanghai Hotels, Limited (Peninsula Hotels) for £132.5 million (approx. €154.5 m ...

Mitsui Fudosan and Stanhope acquire One Angel Court, EC2 (UK)

Mitsui Fudosan UK and Stanhope have purchased One Angel Court, EC2, from US financial services organization TIAA-CREF. This strengthens the development partners’ portfolio of prime commercial proper ...

Capco and TfL Advance in discussions to bring forward the Earls Court masterplan (UK)

Capital & Counties Properties PLC and Transport for London have agreed to pursue proposals to settle heads of terms for a joint venture to enable the development of Earls Court 1 & 2 in line w ...

Atenor to redevelop Cloche d’Or in Luxembourg (LU)

ATENOR and ING Luxembourg have signed an agreement under which ATENOR will acquire the company owning the building Cloche d’Or, the current headquarters of ING Luxembourg, situated at Route d’Esch ...

Sonae Sierra signs its fourth service contract in Algeria (PT/DZ)

Sonae Sierra, via its affiliate Sierra Cevital, has just reinforced its presence in Algeria, signing its fourth contract of provision of services to third party shopping centers in this country. Th ...

Plaza Centers completes sale of Prague 3 (CZ)

Plaza Centers N.V. has successfully completed the sale of 100% of its interest in a vehicle which holds the interest in the Prague 3 project, a logistics and commercial center in the third district of ...

DTZ: small increase in office take-up and new supply, rents still under pressure (EU)

Aggregate office take-up across Europe reached 2.5 million m² in Q2 2013, up from 2.1 million m² recorded during the previous quarter according to DTZ’s latest analysis. The rolling annual take-up ...

NewRiver Retail acquires Hillstreet Shopping Centre in Middlesbrough for £50 million (UK)

NewRiver Retail Limited, the UK REIT specializing in value-creating retail property investment and active asset management, announces that it has completed the acquisition of the Hillstreet Shopping C ...

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