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Russia's Lenta sales up 19% in 2017
Russia's Lenta sales up 19% in 2017

Lenta Ltd, one of the largest retail chains in Russia, has announced that its total sales grew 19.2% to €5.2bn (Rub 365.2bn) in 2017. The company's adjusted EBITDA grew 11.8% ...

Al Zaman Groups acquires IntercityHotel portfolio from Invesco (DE)
Al Zaman Groups acquires IntercityHotel portfolio from Invesco (DE)

An Oman based investor’s group led by Al-Zaman Group of Companies has acquired a portfolio of four Intercity Hotels across Germany sold by Invesco Real Estate. The properties are located ...

Kungsleden acquires Malmö mixed-use property for €98m (SE)
Kungsleden acquires Malmö mixed-use property for €98m (SE)

Kungsleden has acquired the LEED Platinum-certified STUDIO mixed-use complex for €98m (SEK1bn). The property, located in Universitetsholmen, was completed in 2017 and ...

PFP Capital launches €619m build-to-rent fund (GB)
PFP Capital launches €619m build-to-rent fund (GB)

PfP Capital, the alternative asset manager established by Places for People Group, has announced that it intends to launch a fund which will focus on investing in high-quality build-to-rent ...

AEW acquires Madrid retail centre for €20m (ES)
AEW acquires Madrid retail centre for €20m (ES)

AEW has acquired the Planetocio retail and leisure centre for €20m. The company bought the property from AXIARE.   The centre was built in 2001 and offers 21,000 m² of retail and ...

PGIM Real Estate acquires M Campus office campus in Paris (FR)
PGIM Real Estate acquires M Campus office campus in Paris (FR)

PGIM Real Estate has signed an agreement to acquire M Campus, a 45,000 m² office campus in Meudon, on the outskirts of Paris.The property was purchased from a joint venture between Norges ...

Savills IM launches successor European retail fund
Savills IM launches successor European retail fund

Savills Investment Management has announced the launch and first closing of its Europe V – Retail Fund. The fund will invest in local shopping centres, retail parks, designer outlet ...

pbb provides €37m investment facility for JR AMC's Porr Tower deal (AT)
pbb provides €37m investment facility for JR AMC's Porr Tower deal (AT)

pbb Deutsche Pfandbriefbank has provided an investment facility of €37m to companies managed by JR AMC Co., Ltd. (JR AMC) on behalf of a consortium of Korean Investors. The funds will be ...

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