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Derwent London in talks to sell Grosvenor Place (UK)

Derwent London today announced that it has entered into non-binding heads of terms to sell its 50% interest in 1-5 Grosvenor Place SW1 to Peninsula Hotels for £132.5 million (approx. €154.5 million ...

Union Investment acquires two office properties for new institutional real estate fund (DE)

Union Investment has acquired the first two properties in Germany for its UniInstitutional German Real Estate fund. The office properties, which are located in Darmstadt and Frankfurt am Main, reflect ...

AstraZeneca selects new £330 million global R&D center and corporate headquarters in Cambridge (UK)

AstraZeneca today announced that its new UK-based global research and development center and corporate headquarters will be located at the Cambridge Biomedical Campus on the southern outskirts of the ...

pbb and Helaba provide € 163 million credit facility to finance the acquisition of the Pacific Tower in La Defense (FR)

pbb Deutsche Pfandbriefbank and Helaba have jointly provided a € 163 million senior loan to Tishman Speyer. The credit facility will be used to finance the acquisition of the Pacific Tower in La Dé ...

Auchan hypermarket to open in Prospect, Kiev’s new shopping and entertainment center (UA)

A partnership agreement has recently been signed between Comfort Market Luks – the investor of the project – and the Auchan international hypermarket chain. The agreement has been signed under com ...

Wihlborgs acquires whole of Ideon portfolio in Lund (SE)

Via a company transaction, Wihlborgs is to acquire Ikano Fastigheter’s property portfolio in Ideon, Lund, southern Sweden and will now become the sole property owner in Ideon. The acquisition compri ...

Peab to build mall in Stromstad (SE)

Peab has been contracted to build a new mall in central Stromstad. The client is the BT Property Stromstad AB and the contract amounts to SEK 252 million (approx. €29 million). Mall Stromstad will ...

Cheshire East Council gives green light for £90 million revitalization of Macclesfield (UK)

Cheshire East Council has given the go-ahead for a landmark £90 million (approx. €105 million) ‘once-in-a-generation’ scheme to revitalize Macclesfield town center. The Silk Street developme ...

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