Development Securities and Wessex secure Resolution to Grant Planning at two sites for mixed-use development (UK)

Development Securities PLC in partnership with Wessex Investors today announces that it has secured Resolution to Grant Planning in respect of two land promotion sites in Barnstaple, North Devon and L ...

Rockspring acquires Lidingö Centrum, Stockholm for €88.8 million (SE)

Rockspring announces that it has acquired Lidingö Centrum, Stockholm for SEK771 million (approx. €88.8 million) on behalf of Rockspring’s TransEuropean Property Limited Partnership V from Vasakro ...

4, Place de L’Opera exits OFI REIM Fund and joins Generali Real Estate portfolio (FR)

OFI REIM, in a joint release with Generali Real Estate, announces the sale of 4, place de l’Opera to Generali Real Estate for an undisclosed figure. Consisting of 10,600 m² of mixed office and r ...

Helaba finances mixed use building in Frankfurt am Main with €67 million for Aurec Capital Group (DE)

Helaba has agreed to provide the financing for a mixed office, residential and commercial building in the Frankfurt district of Bockenheim amounting to over €67 million in a joint venture led by Aur ...

Hermes Real Estate announces off market acquisition in Whitechapel (UK)

Hermes Real Estate Investment Management Limited (HREIML) announced the completion of the acquisition of Cityside House and Challenger House in Whitechapel. Cityside House is a 54,000 ft² (approx. ...

ECE Fund to acquire ‘Hallen am Borsigturm’ in Berlin-Tegel (DE)

The ECE European Prime Shopping Centre Fund acquired ‘Hallen am Borsigturm’ in Berlin-Tegel. The seller of the property is Vernal Asset 2BV. The center was opened in 1999 and comprises a sales are ...

HSH Nordbank and pbb Deutsche Pfand-briefbank finance Upper West project development in Berlin (DE)

HSH Nordbank and pbb Deutsche Pfandbriefbank are providing syndicated finance for Atlas Tower GmbH & Co. KG, a subsidiary of the project developer STRABAG Real Estate GmbH (SRE), to develop the UP ...

Vasakronan sells Stockholm’s Algen 24 mixed-use asset for €50 million (SE)

Vasakronan, advised by Savills, has sold the fully let, mixed-use asset Älgen 24 in central Stockholm for approximately €50 million (SEK 435 million). The buyer is HEFAB Fastighets AB. The 9,000 ...