Joint venture led by Warimpex sells office towers in St. Petersburg (RU)

A joint venture between the Austrian real estate developer Warimpex (55%), CA Immo Group (35%) and UBM (10%) has negotiated and concluded a term sheet with a Russian pension fund for the sale of two o ...

Union Investment sells office property in Oslo (NO)

The Campus Nydalen office property in Oslo is changing hands. Union Investment originally acquired the building in 2006 for its institutional real estate fund UniInstitutional European Real Estate. Th ...

Clearbell acquires Docklands office buildings with Morgan Stanley AIP (UK)

Clearbell Capital LLP, a leading private real estate fund management business and Morgan Stanley Alternative Investment Partners Real Estate (“Morgan Stanley AIP Real Estate”) have purchased the c ...

Development Securities acquires portfolio of five office properties in North London for £17.5 million (UK)

Development Securities has completed the acquisition of a portfolio of five office properties for £17.5 million (approx. €21.3 million) as referenced in its most recent interim management statement ...

Skanska signs contract to build office building in London, UK, worth £97 mln (UK)

Skanska has signed a contract to build a commercial building at One New Street Square in the City of London, UK, for its client LandSecurities. The contract is worth £97 million, about SEK990 million ...

Development Securities signs UKTV for London Headquarters at 10 Hammersmith Grove (UK)

Development Securities PLC and the SWIP Property Trust announced that UKTV has signed a 15-year lease at 10 Hammersmith Grove to occupy the fourth and fifth floors of the building, representing 32,500 ...

PATRIZIA acquires office portfolio in Hesse for approximately €1 billion (DE)

PATRIZIA Immobilien AG has signed the purchase agreement for the acquisition of another office property portfolio in the German federal state of Hesse. The portfolio, known as Leo I, includes 18 build ...

Lembaga Tabung Haji acquires Unilever’s UK headquarters for £75 million (UK)

Lembaga Tabung Haji, the Malaysian Hajj pilgrims fund board, in partnership with Gatehouse Bank plc, a Shariah compliant investment bank based in the City of London, has completed the £75,750,000 mil ...