Union Investment enters Silicon Valley, acquires office complex for €54.8 mln

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)

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)

  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)

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)

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)

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)

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)

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 ...

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