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Places for People buys Terrace Hill portfolio for £70 million (UK)

Places for People has acquired a portfolio of 925 private rented homes for £70 million (approx. €81.8 million) from Terrace Hill, a property development group. The properties are mainly in the South ...

British Land acquires London portfolio from Wereldhave for £183.8 million (UK)

British Land has acquired a portfolio of properties in London from Wereldhave for £183.8 million. The most significant asset in the portfolio is Ealing Broadway Shopping Centre which has been purchas ...

UKCPT sells £10.5 million retail property at 2-8 Buchanan Street, Glasgow (UK)

UK Commercial Property Trust Limited, advised by Ignis Asset Management, announced that it has successfully completed the sale of a retail property at 2-8 Buchanan Street in Glasgow to the Cordea Savi ...

Legal & General secures planning for St. Georges house in Croydon (UK)

Legal & General Property (LGP/the Company) announces, on behalf of its UK Property Income Fund (the Fund/UK PIF), that it has received a resolution to grant planning permission from the London Bor ...

GRR buys shopping center in Erlangen and receives further €30 mln equity (DE)

GRR Real Estate Management GmbH (GRR REM) has acquired the newly-constructed Büchenbach-West local shopping center in Erlangen, for GRR German Retail Fund No.1. The property has a lettable area of ov ...

ICSC: Retail industry confidence up sharply (EU)

The New Year has brought confidence in the European shopping-center industry, according to the International Council of Shopping Center's (ICSC) Euro-shop Index, its pan-European survey of shopping c ...

First Retail International (FRI) acquires a retail park portfolio in Romania (RO)

First Retail International (FRI), a specialist retail property company with a focus on retail warehouse properties in Europe, has acquired a 50% interest in the Romanian retail park portfolio 'InterCo ...

HOCHTIEF sells 237 rental apartments in Gallus, Frankfurt to Aberdeen (DE)

HOCHTIEF Solutions formart has already sold part of the Lahnsche Höfe—with a living area of around 18,500 m² and 800 m² of useful area—to Aberdeen Immobilien Kapitalanlagegesellschaft off plan. T ...

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