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Citycon divests €74 non-core portfolio (FN)
helsinki

Citycon has sold five properties comprising 46,800m² located across Finland to a Finnish investment fund, eQ Finnish Real Estate, for a total value of approximately €74m. The sales price is ...

L&G to develop 600,000ft² of industrial property (UK)
eldon way

Legal & General Property, on behalf of its Industrial Property Investment Fund, has secured planning permission and is in various stages of construction for approximately 600,000ft² ...

Hines and McLaren reach €150m student housing portfolio funding agreement (UK)
|

Hines has launched its first move into the student housing market globally with the acquisition of six prime development sites in the UK from McLaren Property.   A new investment vehicle owned ...

Goodman and Kuehne+Nagel reach milestone for logistics centre near Berlin (DE)
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Goodman and Kuehne+Nagel celebrated the topping out of a new 14,000m2 facility that will serve as the international logistics service provider’s regional hub, ahead of completion expected in ...

Benson Elliot portfolio reaches €500m with Bologna shopping centre (IT)
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Benson Elliot has acquired Centro Commerciale La Meridiana, a shopping centre in Bologna, Italy, through the acquisition of 100% of the share capital of Raptor Srl, the owning SPV. Meridiana was ...

HB Reavis acquires third London site for £44m (UK)
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Aberdeen Asset Management has sold the freehold interest in 61 Southwark Street to international real estate developer HB Reavis for £44m.   Aberdeen has recently been granted ...

Bernhard Berg appointed CEO of Corpus Sireo
bernhard berg

Bernhard Berg will become the new management spokesman of Corpus Sireo Holding GmbH and CEO of the German real estate company as of 1 June 2016. The 57-year old internationally experienced real ...

TUI Group sells Hotelbeds Group for €1.2bn
|© Christoph73

TUI Group has reached an agreement with UK investor Cinven Capital Management and Canada Pension Plan Investment Board to sell Hotelbeds Group for around €1.2bn. The transaction, which is ...

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