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Development Securities acquires €25.5 mln of Newcastle retail scheme (UK)

Development Securities completes recycling of investment portfolio with acquisition of 17,187 m² convenience retail investment asset in Newcastle. Development Securities announces that it ...

Union Investment sells joint venture stake in Paris office property (FR)

Union Investment has sold its 50% share in the joint venture established with GLL Real Estate in relation to the RFF office property on Avenue de France to Oxford Properties Group of Canada. Un ...

SEB Asset Management signs agreements for 2,250 m² on Potsdamer Platz, Berlin (DE)

SEB Asset Management has started the new year by signing two rental agreements on Potsdamer Platz, Berlin. Daimler Real Estate GmbH will use its space at Linkstrasse 2 for another five years. ...

Grainger and APG’s PRS Fund makes €44.5 mln investment into London build-to-rent scheme (UK)

GRIP Unit Trust (the “Fund”), the market-let UK residential property fund owned by APG and Grainger, announces the forward purchase of a new 90,000 ft² (8.361 m²) build-to-rent scheme from BY De ...

W. P. Carey Inc. closes €308 mln acquisition of 73-property Pendragon Auto (UK)

W. P. Carey Inc. announced that it has acquired a portfolio of 73 automotive retail facilities located throughout the UK, net leased to Pendragon plc for a gross purchase price, including fees, of £2 ...

TwentyTwo Real Estate's Powerhouse France completes €793.5 million refinancing of residential portfolio with BNP Paribas (FR)

TwentyTwo Real Estate announces that Powerhouse France, an investment vehicle managed by the Company, has completed a €793.5 million refinancing arranged and underwritten by BNP Paribas. The ...

RICS: Recovery for the European real estate sector (EU)

The recovery of the real estate sector in most European markets gain ground with Ireland, Spain and Portugal all seeing more favorable trends in both occupier and investment markets, according to the ...

MITISKA REIM acquires 2 retail parks in Poland (PO)

MITISKA REIM, a Brussels-based real estate investment management company, has acquired a 100% interest in two retail parks in Poland. The Kaufland-anchored projects are located in Stalowa Wola and And ...

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