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Blackstone and Multi acquire Palmanova Outlet Village and AVM in Italy (IT)

Multi announced the acquisition by Blackstone Real Estate Partners Europe IV of Palmanova Outlet Village, a 22,000 m² high-quality outlet centre located between Trieste and Venice. The village which ...

Benson Elliot expands UK retail portfolio with €48.8 mln purchase of shopping centre (UK)

Benson Elliot has acquired the Vicarage Field Shopping Centre in Barking in an off-market transaction for £35 mln (approx. €48.8 mln). The East London scheme has been acquired from Northern Irish J ...

L&G completes €69.3 mln care home loan to Sanctuary (UK)

Legal & General’s lending arm, LGIM Commercial Lending Limited (“CLL”), announces that it has agreed a £50 mln (approx. €70 mln), 25 year loan to Sanctuary Group, as it continues to inves ...

French shopping centre executive wins scholarships to attend the ICSC Retail Property School

The French Council of Shopping Centers (CNCC) announced the 2015 winner of the “Jeunes Espoirs” Awards today, awarding one promising French shopping centre executive with a scholarship to attend t ...

PATRIZIA sells Südewo for €1.9 bln (DE)

PATRIZIA Immobilien AG has sold Süddeutsche Wohnen Group (SÜDEWO) to Deutsche Annington. The purchase price for SÜDEWO, which comprises a portfolio of 19,800 apartments, is approx. €1.9 bln. ...

TH Real Estate acquires London Fire headquarters for €127 mln (UK)

TH Real Estate has completed the £90 mln (€127 mln), off-market acquisition of 169 Union Street, Southwark, reflecting a net initial yield of approx. c.5%, from Zeno Capital, advised by Oxygen Asse ...

Axiare Patrimonio invests €51 mln in Madrid’s business district (ES)

Axiare Patrimonio has signed an agreement with Sareb to acquire 10,780 m² of prime office space in the heart of Madrid for €51 mln. This is the first operation the company has undertaken since succ ...

Helical pre-lets 75% of Shoreditch scheme before summer completion (UK)

Helical Bar PLC  has pre-let the majority of its Shoreditch-based Class C office space building to DLKW Lowe as the creative advertising agency moves from West London. DLKW Lowe, which co ...

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