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Londonmetric agrees sale of £247.56 million distribution portfolio (UK)

LondonMetric a UK REIT, has exchanged contracts on the sale of 11 distribution assets for a total consideration of £247.56 million (approx. €290.4 million), reflecting a net initial yield of 6.25%, ...

Outlet Center Lublin has received a building permit (PL)

CBRE today announced that Outlet Center Lublin has received a building permit. Outlet Center Lublin, being developed at 16 Melgiewska Street in Lublin, is a classic outlet that offers products of p ...

NCC starts construction of Matinkylä Metro Center in Espoo (FI)

NCC is to start construction of a shopping mall and a public transport hub in Matinkylä, Espoo, in the Greater Helsinki area. The shopping mall project will be carried out in a 50/50 joint venture be ...

111 new homes to be created in Wembley Park (UK)

Network Housing Group has announced that work on its new Brook Avenue development in Wembley Park will begin this summer which will create another 111 new homes in the area. The development, which ...

RLAM sells 43/48 Dover Street, London W1 for £83.5 mln (UK)

Following a targeted marketing campaign, Royal London Asset Management (‘RLAM’) has exchanged contracts to sell its freehold interest in 43/48 Dover Street, London W1 to Crosstree Real Estate Advi ...

Cordea Savills acquires third asset for Prime London Residential Development Fund (UK)

Cordea Savills, the international property investment manager, has acquired a further asset on behalf of its Prime London Residential Development Fund on Hereford Square, South Kensington. The site ...

Ashkenazy acquires Old Spitalfields Market in London for €122.8 million (UK)

Ashkenazy Acquisition Corp., owner of Boston’s Faneuil Hall, bought London’s Old Spitalfields Market from Dublin-based Ballymore Properties Ltd. for about 105 million pounds (approx. €122.8 mill ...

Resolution Property secures new retailers to Galeria Pomorska shopping center (PL)

Resolution Property, the leading European real estate fund, has secured seven leases and introduced five new retailers, to anchor the extension of Galeria Pomorska in Bydgoszcz, Poland. The leading ...

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