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NSI completes exit from Swiss market (NL/CH)

NSI N.V. (NSI) has sold its last Swiss property “Perolles 2000” in Fribourg on book value for CHF9.7 million (approx. €7.86 million). With this sale, NSI has completed its exit from the Swiss ma ...

The Hellenic Republic Asset Development Fund receives three binding offers for 28 State buildings (GR)

HRADF announced that three investment groups have submitted their binding offers for the sale and leaseback of 28 buildings occupied by the government. The investment groups are the following: DOL ...

SEB Asset Management to convert Torre Quadra in Milan into B&B Hotel (IT)

SEB Asset Management obtained planning permission to convert the 13-storey Torre Quadra building in Sesto San Giovanni, a suburb in the north-east of Milan. The real estate asset manager is planning t ...

Société de la Tour Eiffel announces disposal of three provincial assets for €64 million (FR)

In confirmation of the announcement made with the half-year results and in keeping with the strategy of concentrating on Paris offices, Société de la Tour Eiffel has completed in recent weeks three ...

Echo Investment starts construction of second stage of A4 Business Park in Katowice (PL)

Echo Investment started the construction of the second stage of the A4 Business Park office complex on Francuska Street in Katowice. The second stage of the project involves the construction of a 1 ...

Land Securities sells Bankside to M&G Real Estate (UK)

Land Securities has agreed to sell Bankside 2 & 3, SE1, and its retail holdings in Bankside 1, to M&G Real Estate Limited for £315 million (approx. €371.6 million), reflecting a net initial ...

Rockspring announces plans for ‘Skylab’ in Geneva (CH)

Rockspring announced that it has committed CHF150 million (approx. €122 million) to a new-state-of-the-art office development, ‘Skylab’ located in the world renowned Plan-les-Ouates, Geneva. A g ...

Deka Immobilien buys Baltico office building in Lisbon (DE/PT)

Deka Immobilien GmbH has acquired the Baltico building, paying €43 million for this office property in Lisbon. The vendor is Portuguese construction company Mota-Engil. This asset will now be transf ...

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