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GPE exchanges on two deals worth £335m (UK)
finsbury square image thumb

Great Portland Estates Plc has announced that it has simultaneously exchanged contracts on two separate transactions with Deka Immobilien Investment GmbH.   The first transaction: GPE has sold ...

Moneycorp relocates from Knightsbridge to The Zig Zag Building (UK)
the zig zag building image

Land Securities has let the fifth floor of The Zig Zag Building, Victoria, SW1 on a 10 year income lease to the UK’s leading foreign exchange and international payments specialist, moneycorp. ...

JLL acquires ACREST, a leading retail asset management business in Germany (DE)
acrest image thumb

JLL has announced its acquisition of ACREST, one of Germany’s leading retail real estate asset management businesses, following approval from Germany’s competition authority, Kartellamt. ...

Real estate investment set for growth in 2016
|© kloniwotski

More than half of investors plan to increase real estate allocations within multi-asset portfolios, according to the Global Investor Outlook for 2016 by Colliers International.   Of the ...

John Lewis sees sales boom over Christmas season (UK)
|©Yuichi

One of the UK’s leading retailers, John Lewis Partnership, has reported a 4.1% growth in y-o-y sales in the six weeks to 2 January 2016, buoyed significantly by online sales.   Accruing ...

Pandox completes €400m acquisition of German hotel portfolio (DE)
|© Eigenes Werk

Sweden based hotel property owner Pandox have closed the acquisition of 18 hotel properties in Germany for a final transaction price €400m, consolidating the company’s position in what is ...

Benson Elliot makes early exit in Berlin (DE)
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Benson Elliot, the UK-based private equity real estate fund manager, has made an opportunistic disposal of a Berlin office asset following an unsolicited offer.   Benson Elliot Real Estate ...

AXA IM - Real Assets acquires Porta Siena shopping centre for €21.5m (IT)
|© galleriaportasiena.com

AXA Investment Managers - Real Assets has completed the acquisition of Porta Siena, a shopping centre in Siena, Italy for €21.5m, on behalf of clients as part of its value-added ...

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