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Scarborough launches €976 mln mixed-use development (UK)

Scarborough Group International today reveals plans for its 24-acre Middlewood Locks development, a new residential and commercial neighbourhood located at the western gateway to Manchester’s Centra ...

Deka Immobilien purchases the "Zeppelin Carré" in Stuttgart (DE)

Deka Immobilien GmbH has acquired the "Zeppelin Carré" property, in the central business district of Stuttgart, for the open-ended real estate fund Deka-ImmobilienGlobal. The parties agreed not to di ...

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 ...

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