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L&G forward funds €114.2m Croydon BtR scheme (GB)
Legal & General forward funds €114.2m Croydon BtR scheme (GB)

HUB and Bridges Fund Management have agreed a €114.2m (£100m) deal with Legal & General to develop a 251-unit build to rent tower at the heart of the Taberner House development in ...

DIC Asset AG acquires regional office building for c.€51m (DE)
DIC Asset AG acquires regional office building for c.€51m (DE)

DIC Asset AG has acquired an office property in Leverkusen-Mitte, Germany for c.€51m. The building, which was completed in early 2018, covers a gross lettable area of around 13,300 m² ...

Westfield shareholders back Unibail-Rodamco takeover
Westfield shareholders back Unibail-Rodamco takeover

Westfield Corporation has announced its securityholders have approved the acquisition of Westfield by Unibail-Rodamco. Westfield securityholders supported the transaction by over 97%. ...

Barings acquires Stockholm office building for c.€100m (SE)
Barings acquires Stockholm Fleming 7 building for c.€100m (SE)

Barings Real Estate, part of Barings LLC, has acquired Härolden 44 in Stockholm, Sweden, also known as Fleming 7 from the Swedish fund manager Mengus for over ...

M&S to close 100 stores by 2022 (GB)
M&S to close 100 stores by 2022 (GB)

M&S has announced the next tranche of UK stores proposed for closure or set to close as it reshapes its UK store estate in line with its target to take at least a third of sales ...

Patrizia acquires mixed-use property in Berlin (DE)
Patrizia acquires mixed-use Forum asset in Berlin (DE)

Patrizia Immobilien AG, acting on behalf of a private investors’ fund managed by Patrizia GrundInvest, has acquired the mixed-use property ‘Forum Landsberger Allee’ in Berlin. ...

COIMA RES acquires Milan Pavilion complex for €45m (IT)
COIMA RES acquires Milan Pavilion complex for €45m (IT)

COIMA RES S.p.A. has signed a preliminary purchase agreement to acquire the Pavilion complex in Milan Porta Nuova for €45m with a potential earn-out of up to €5m. The closing of the ...

NREP to invest €900m in underserved real estate segments in the Nordics
NREP to invest €900m in underserved real estate segments in the Nordics

NREP has established a €900m fund to invest in underserved real estate segments in the Nordics, such as student housing, flexible living for young professionals, low- and middle-income rental ...

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