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IMG has concluded a US $246.7 million bank financing for its two investee retail projects (RU)

A long-term financing agreement for US $218 million (approx. €170 million) has been signed with the Russian Sberbank to finance the construction of Zelenopark project, a retail center of approximate ...

PRUPIM announces £105 mln residential property portfolio acquisition (UK)

PRUPIM, the real estate investment management arm of M&G Investments, confirms it has exchanged contracts to acquire a £105.4 million (approx. €124.3 million) residential portfolio owned by The ...

Great Portland Estate Joint Venture acquires 148 Old Street, EC1 London (UK)

The Great Ropemaker Partnership (‘GRP’), a 50:50 Joint Venture between Great Portland Estates plc (‘GPE’) and The BP Pension Fund has acquired 148 Old Street, EC1 from The BP Pension Fund for ...

AXA's Tokyo Office Property Fund agrees first acquisitions totalling ¥10 billion (€83 mln) (FR/JP)

AXA Real Estate Investment Managers announces that the Tokyo Office Property Fund has completed the acquisition of Shinjuku Sanchome, a 4,553 m² building located in the Shinjuku ward of central Tokyo ...

Sanctuary completes takeover of Cosmopolitan Housing Group (UK)

Cosmopolitan Housing Group (CHG) has become part of Sanctuary Group. CHG owns and manages around 13,500 homes across Merseyside, Cheshire and the North West. The move, which is fully supported by the ...

GRI: Connect with real estate leaders in Frankfurt on April 15-16, 2013 (DE)

Only three weeks remain until the leading local and international investors, developers & lenders come together in Frankfurt. Join Board and C-level real estate decision-makers in small group dis ...

Tristan/Ellandi coalition acquires the Swan Centre in Eastleigh (UK)

CCP III, a fund advised by pan-European real estate investment manager Tristan Capital Partners, has acquired the Swan Centre in Eastleigh, Hampshire, from PRUPIM, the real estate investment managemen ...

ECE starts Future Labs in Hamburg and Essen (DE)

New interactive shopping experiences: Alstertal-Einkaufszentrum in Hamburg and Limbecker Platz in Essen are ECE’s “Future Labs”. In both, ECE is testing as of now numerous services–from a virt ...

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