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AXA Real Estate raises €588.5 million for European Development fund

AXA Real Estate Investment Managers announces the final close of its pan-European development fund, Development Venture III, having raised €588.5 million of total equity. The Fund has so far invested ...

Union Investment acquires new heart of Düsseldorf's Airport City from STRABAG Real Estate (DE)

Union Investment has expanded its high-quality property portfolio in Düsseldorf with the acquisition of the new Airport Gardens building. The multi-tenant office building, developed by STRABAG Real E ...

TAG Immobilien AG sells residential property in Hamburg (DE)

TAG Immobilien AG has sold a property in Hamburg containing roughly 5,400 m² of residential space in 130 units.TAG and the buyer have agreed to keep the purchase price confidential; however, it is 30 ...

River Garden Office in Prague to be financed by Česká spořitelna (CZ/SK)

The HB Reavis Group, a developer of sustainable projects, has announced that it has secured a bank loan financing in a total amount of €32.9 million for its office project River Garden Office in Prag ...

The Peel Group submits plans for new phases at MediaCityUK (UK)

The Peel Group has unveiled ambitious plans over the next 20 years for further phases of MediaCityUK at Salford Quays. Peel is seeking outline approval from Salford City Council for an additional 459, ...

Union Investment Real Estate sells Aile Sud office building in Boulogne-Billancourt to TF1 (DE/FR)

Union Investment Real Estate has sold the 'Aile Sud' office building to TF1, the largest private TV channel in France. The sale price is not disclosed. Ail ...

Deutsche Pfandbriefbank provides a £27.4-mln. facility for acquisition of Treaty Shopping Centre (DE/UK)

pbb Deutsche Pfandbriefbank announces the completion of the £27.4 million (approx. €32.8 million) financing to support the acquisition of the Treaty Shopping Centre in Hounslow, London for affiliate ...

LGP completes sale of Brighton retail park (UK)

Legal & General Property ('LGP') announces that, on behalf of its Linked Pensions Fund, it has completed the sale of Brighton Retail Park in East Sussex to a client of Scottish Widows Investment P ...

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