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Deka Immobilien sells office property in Milan for €45.5 mln. (IT)

Deka Immobilien GmbH has sold the Viale Regina Giobanna 27 - 29 office building in Milan to Inarcassa RE, an Italian real estate fund, reserved to institutional investors, managed by Fabrica Immobilia ...

IMMOFINANZ Group sells inner city palace in Vienna (AT)

IMMOFINANZ Group, Austria's largest real estate investor and developer, has sold a historical inner city office building in Vienna to a private asset management firm. This property was built in 1718 a ...

Investors will be aggressive when investing in long-term Brussels office lets (BE)

According to Savills latest office report, aggressive investors will be paying 5-5.5% yields in 2012 to secure the longer term lets in Brussels. This reflects the scarcity of such stock in the market, ...

Hammerson submits redevelopment plans for Centrale (UK)

Hammerson has submitted a detailed planning application to the London Borough of Croydon for the redevelopment of Centrale Shopping Centre. Hammerson purchased the centre in March 2011 having identifi ...

Nottingham Trent University and UPP close £57.2 mln. student housing-led deal (UK)

In a first for the university sector Nottingham Trent University (NTU) has closed on a deal with the University Partnership Programme (UPP) which combines residential and non-residential elements. The ...

Blackstone completes €37 million acquisition of Galeria Tęcza in Kalisz from Rank Progress (PL)

On 8 February 2012, Blackstone's real estate funds completed the acquisition of the Galeria Têcza shopping mall in Kalisz from Rank Progress S.A. The value of the transaction was €37 million. Galer ...

2011 a record year for investment volume into Russian commercial real estate (RU)

2011 was the record year in terms of investment volume into Russian commercial real estate according to the latest research by CBRE. Russian investment market grew over 200% above the level reached in ...

Wereldhave to sell €800 million of US property investments (NL/US)

Wereldhave N.V. will fully concentrate on shopping centers in Western Europe (the Netherlands, Belgium, Finland and the United Kingdom) and offices in Paris and Madrid. This strategic choice implies t ...

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