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Aareal Bank arranges €530 mln facility for NorthStar (EU)

Aareal Bank AG provided a €530 mln senior financing for the acquisition of a €1.1 bln pan-European office portfolio by NorthStar Realty Finance Corp. The company is organized as a Real ...

Commerz Real sells commercial real estate in Berlin to Quantum (DE)

Commerz Real has sold the fully-leased Berlin office and business complex Wilmersdorfer Strasse 117 / Pestalozzistrasse 77 from its open-ended real estate fund hausInvest to Quantum Immobilien Kapital ...

EPISO to refurbish office campus near major London motorway for approx. €44.7 mln (UK)

European Property Investor Special Opportunities 3 (EPISO 3), a value-add/opportunity fund advised by Tristan Capital Partners, has purchased an office campus in Hemel Hempstead, 30 kms north west of ...

Benson Elliot extends UK regional office programme to Glasgow with St Vincent Street acquisition (UK)

Benson Elliot, the UK-based private equity real estate fund manager, has acquired 150 St. Vincent Street in Glasgow in an off-market transaction from UK institution F&C REIT. The acquisition exten ...

M&G Real Estate makes next move into UK big six offices market with €99.4 mln purchase in Glasgow (UK)

M&G Real Estate has acquired a prime office asset, Aurora, in Glasgow, for £72.6 mln (€99.4 mln) from CS EuroReal, reflecting a net initial yield of 6.18%. This off-market transaction was made ...

Axiare aquires two office properties in Madrid for €40.5 mln (ES)

The Socimi Axiare announced the acquisition of two office properties in Madrid for a total of €40.5 mln. This transaction adds 14,362 m² of Gross Lettable Area (GLA) to the Company’s property por ...

Globe Trade Centre S.A. sells Kazimierz Office Center in Krakow for €42 mln (PL)

Globe Trade Centre S.A. (GTC), a leading commercial real estate company has announced the signing of a preliminary sale agreement for the sale of Kazimierz Office Center in Krakow, Poland. GTC ...

Investments into offices dominate Russian market (RU)

Total investment volume in Russian real estate reached $490 mln (approx. €450 mln) in Q1 2015, down 34% compared with Q1 2014, according to JLL analysts. The slowdown in economic growth, l ...

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