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Sirius invests €20m in German office property
Sirius invests €20m in German office property

Sirius Real Estate has acquired an office complex in Hallbergmoos, near Munich Airport, for €20.2m. The vendor is KCM Invest AG, a Munich based investment firm. Built in 1993, the ...

Intu gets a go-ahead for Costa del Sol scheme (ES)
intu gets a go-ahead for Costa del Sol scheme (ES)

intu has been granted a go-ahead for its flagship global resort development intu Costa del Sol, located in Torremolinos outside Malaga in Spain. The project, which will see preparatory ...

Commerz Real acquires 20% stake in 10 Kaufhof department stores (DE)
Commerz Real acquires 20% stake in 10 Kaufhof department stores (DE)

Commerz Real has taken up a stake of 20% in 10 Kaufhof department stores with the intention of developing them and increasing their value in the medium term. The remaining 80% will continue to ...

NewRiver acquires Bravo Inns pub portfolio for €21m (GB)
NewRiver acquires Bravo Inns pub portfolio for €21m (GB)

NewRiver has acquired a community pub company Bravo Inns Limited for c.€21m (£17.9m), representing an EBITDA multiple of 6.8x. Bravo Inns owns 44 wet-led community pubs, ...

Commerz Real and Hines acquire Tucherpark Munich (DE)
Commerz Real and Hines acquire Tucherpark Munich (DE)

Commerz Real, acting together with the project developer Hines, has acquired the quarter “Am Tucherpark” from Hypovereinsbank. The scheme comprises ten buildings and is located in ...

Woonhave acquires Dutch resi portfolio for €19m
Woonhave acquires Dutch resi portfolio for €19m

Syntrus Achmea Real Estate & Finance has sold a Dutch residential portfolio to Woonhave for approximately €19m. The ‘Quarter portfolio’ consists of 88 homes, including ...

Delancey and APG complete €498.6m Earls Court deal (GB)
Delancey and APG complete €498.6m Earls Court deal (GB)

Delancey and APG have completed the acquisition of Capital & Counties Properties Plc (Capco) interests in the Earls Court development site for €498.6m (£425m). Transport for ...

PAREF Gestion invests in Frankfurt retail portfolio (DE)
PAREF Gestion invests in Frankfurt retail portfolio (DE)

The SCPI Novapierre Allemagne fund, managed by PAREF Gestion and advised by Principal Real Estate Europe, has acquired a portfolio of four retail warehouse centres with convenience shopping potential ...

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