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W. P. Carey's CPA:18 funds the €25 mln development of Meliá Hotel in Hamburg (DE)

W. P. Carey Inc. announced that CPA®:18 – Global has entered into an agreement to fund the development of a new hotel in Hamburg, Germany. CPA®:18 – Global will provide approximately €25 mln f ...

HOCHTIEF starts building new hotel on Petriplatz (DE)

HOCHTIEF Projektentwicklung is building a 144-room hotel on Petriplatz in Berlin-Mitte. Construction will start at the end of this month. Frasers Hospitality bought the property off-plan and will star ...

First Sponsor Group acquires Holiday Inn and Holiday Inn Express Hotels in Amsterdam for €55 mln (NL)

First Sponsor Group Limited, a listed institutional investor from Singapore, has through its wholly owned subsidiary, FS NL Property 2 B.V., acquired the Holiday Inn and Holiday Inn Express hotels in ...

L&G acquires South East office portfolio for €189.9 mln (UK)

Legal & General Property (LGP) has purchased a South East office portfolio for £135.5 mln (approx. €190 mln). Sold by JLL and Capital Real Estate Partners on behalf of a private family office c ...

H.I.G. Capital acquires Plaza Éboli shopping centre in Madrid (ES)

H.I.G. Capital announced that an affiliate has completed the acquisition of the Plaza Éboli Shopping Centre in Madrid. The centre comprises over 31,000 m² and tenants include leading retailers such ...

Weston Homes and Cathedral Group develop €168.2 mln residential scheme (UK)

Weston Homes, in a joint venture with Cathedral Group, a wholly owned subsidiary of Development Securities PLC, are transforming the historic 1.2 acre Telegraph Works site in Greenwich, into a new £1 ...

Genesta’s new fund acquires two prime office properties in Helsinki for €36.3 mln (FI)

Genesta’s new fund, Genesta Nordic Real Estate Fund II, has acquired two prime office property assets, Antinkatu 1 and Bulevardi 21, in the city centre of Helsinki from Senate Properties. The total ...

CBRE announces the signing of a lease agreement of a warehouse for KÄRCHER (RU)

CBRE is happy to announce that KÄRCHER, the world‘s leading provider of cleaning systems, cleaning products and services for recreation, household, trade and industry has signed a lease agreement f ...

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