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European office market vacancy rates drops to lowest level in seven years (EU)

According to international real estate advisor Savills the average vacancy rate for the European office market was 9.37% in Q1 2015, which is the lowest level recorded since 2009. The firm predicts v ...

Tristan Fund acquires Northern Ireland Shopping center for €47.7 mln (IE)

The CCP IV ‘core plus’ strategy fund advised by pan-European real estate investment manager Tristan Capital Partners has acquired the Erneside Shopping Centre in Enniskillen, Northern Ireland, for ...

Castellum starts €23 mln office project in Gothenburg (SE)

Castellum AB has, through its wholly owned subsidiary Eklandia Fastighets AB, started a new construction of a high quality office building "Blenda" in the middle of the international engineering clust ...

AXA Real Estate completes acquisition of Elisenhof property in Munich (DE)

AXA Real Estate Investment Managers announced that it has completed, on behalf of AXA Insurance Companies, the acquisition of Elisenhof, a mixed-use, multi-tenant property in the city center of Munich ...

pbb finances €58 mln for construction of new office in Wiesbaden (DE)

pbb Deutsche Pfandbriefbank has provided IFM Immobilien Group with financing of €58 mln for construction on an area of land known as Kureck in Wiesbaden. In the first phase of the project ...

Hansteen acquires thirteen properties for €21.65 mln in Germany (DE)

Hansteen Holdings PLC announces that it has exchanged contracts on the acquisition of 13 multi-let and single-let industrial properties located in established commercial zones across Germany, from Ben ...

M&G Real Estate makes Scottish shopping center acquisition (UK)

M&G Real Estate has acquired Ayr Central from Ayr Shopping Centre Ltd, a joint venture between Sovereign Land and funds managed by Ares Management, L.P. The transaction was made on behalf of the M ...

Partners Group embarks on €283 mln office development in London (UK)

Partners Group, the global private markets investment manager, is developing a Grade A office building at 80 Fenchurch Street in the City of London on behalf of its clients. Its joint venture developm ...

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