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LGP acquires Stevenage Leisure Park for £40 million (UK)

Legal & General Property ('LGP') announces that, on behalf of its Managed Fund, it has acquired Stevenage Leisure Park from Aviva Life & Pensions UK Limited for circa £40 million (approx. €4 ...

Savills: Record year for prime London residential real estate (UK)

Residential values across the whole of prime London have ended 2011 on a record high says the international real estate adviser, Savills.A 'flight to quality' by international safe-haven buyers means ...

Meyer Bergman starts restoration work on Burlington Arcade (UK)

Meyer Bergman, the European retail real estate investment management firm, announces that, following final receipt of planning and listed building consent from the City of Westminster, restoration wor ...

IVG Private Funds: New fund to invest in headquarters of Allianz-Deutschland AG (DE)

IVG Private Funds is launching a new closed-end real estate fund: EuroSelect 21 Munich. The new fund will invest in Allianz's largest German site in Unterföhring (Munich district), consisting of a ce ...

AXA Real Estate starts construction of its Sixty London prime office development (UK)

AXA Real Estate Investment Managers announces that it has appointed Balfour Beatty as the principal contractor to deliver the final construction phase of Sixty London, a prime London office developmen ...

LaSalle acquires Market Walk Shopping Centre in Newton Abbot (UK)

LaSalle Investment Management announces that it has completed the acquisition of Market Walk Shopping Centre in Newton Abbot, Devon on behalf of a retained pension fund client.Newton Abbot is a busy m ...

Five new tenants for Pórtico: Union Investment successfully lets space in Madrid (ES)

At MIPIM 2007, it was awarded 'Best Office Building', now landmark Madrid property Pórtico, designed by SOM Skidmore, Owings & Merrill LLP, is almost fully let again.Following the eviction of the ...

Savills values two office buildings in Paris CBD (FR)

International real estate advisor Savills has carried out valuations for Deutsche Hypo on two assets in the Parisian Central Business District comprising a total of 21,500 m² of prime office space.De ...

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