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STENPROP announces two transactions worth €146 million (UK)

STENPROP Limited, a property company listed on the Bermuda Stock Exchange, with a secondary listing on the JSE’s AltX, announced the sale of its Chiswell Street asset in London and the purchase of T ...

Hibernia to acquire Harcourt Square in Dublin 2 for €70 mln (IE)

Hibernia REIT plc announces that it has exchanged contracts with Gangkhar plc to acquire the Garda Siochana (police) regional headquarters at Harcourt Square, Dublin 2, for €70 mln in an off-market ...

Stay of execution for department store group V&D (NL)

V&D has been saved from bankruptcy after its owners, banks and landlords reached an agreement on how to solve the department store group’s short-term financial problems. According to the ...

CORESTATE Capital, Inmobiliaria Espacio and OHL Desarrollos to form joint venture (ES)

CORESTATE, a specialised real estate investor based in Zug, Switzerland, Inmobiliaria Espacio, a project development and asset management firm based in Madrid, and its sister company OHL Desarrollos, ...

CBRE Retail Property Fund Iberica extends life for a further five years (ES)

The CBRE Retail Property Fund Iberica (RPFI), managed by CBRE Global Investors, has had unanimous agreement from its Limited Partners to extend the life of the fund for a further five years. A small n ...

NCC sells office project in Oslo, Norway (NO)

NCC has sold the office project Lysaker Polaris in Oslo to Storebrand Eiendom AS. The transaction is conducted as a sale of a company with an underlying property value of SEK820 million (€85 mln). ...

Uncertainty still surrounds V&D, is Blokker next? (NL)

The 63 branches of department store chain V&D were due to open for business as usual on Monday but it remains unclear if its owners have thrashed out a rescue package. Representatives of pr ...

AXA Real Estate establishes joint venture with Eurocommercial Properties (FR)

AXA Real Estate Investment Managers, the leading real estate portfolio and asset manager in Europe, announces that on behalf of AXA insurance companies, it has established a joint venture with Eurocom ...

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