Union Investment enters Silicon Valley, acquires office complex for €54.8 mln
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Union Investment Real Estate GmbH is continuing to increase the international exposure of its open-ended real estate funds. The Hamburg-based property investment manager has acquired the fully let ...

Topland Group seeks excess of €198 mln for First Avenue House in the centre of London (UK)
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Topland Group, headed by Sol Zakay, has appointed international real estate advisor Savills to sell First Avenue House, 42-49 High Holborn in London’s midtown.   First Avenue House is a ...

TIAA-CREF and Swedish pension fund establish joint venture to create office portfolio of €4 bln (EU)
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  TIAA-CREF, a leading financial services provider, and the Swedish National Pension Funds AP1 and AP2 have agreed to combine forces in a new joint venture to create a leading, pan-European ...

Kungsleden expands in Kista with €78.9 mln acquisition (SE)
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Kungsleden improves its already strong position in Kista Science City by acquiring the office property Electra Building (Keflavik 1) with a total leasable area of 25,000 m². The vendor is ...

BlackRock Real Estate purchases €76.5 mln multi-let office property in Uxbridge (UK)
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The BlackRock UK Property Fund (“the Fund”) has purchased The Atrium in Harefield Road, Uxbridge, London for approx. €76.5 mln (£55.9 mln) from Aviva Investors.   The ...

AshbyCapital makes first investment outside London with the purchase of Colmore Plaza, the largest deal in the Birmingham property market this year (UK)
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AshbyCapital, the real estate investment company, has closed deals worth around €615 mln (£450 mln) on behalf of its group investment company.   AshbyCapital has made its first ...

CoreNet Global examines growing interest in disruptive technologies and co-working spaces (UK)
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The results of a recent survey by CoreNet Global, the leading association for corporate real estate (CRE) professionals, highlights a growing interest from professional corporations in disruptive ...

Ares Management Real Estate Fund acquires pan-European office portfolio from IVG Institutional Funds (EU)
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Ares Management, L.P. (NYSE:ARES) announced today that a real estate fund it manages has signed a definitive agreement to acquire a 240,000 m² office portfolio consisting of 30 properties ...