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Bridges Ventures invests €703 mln with final closing of new property fund (EU/US)

Bridges Ventures today announces the final close of Bridges Property Alternatives Fund III with equity commitments of £212 mln (approx. €298 mln). The Fund will apply gearing at a project level to ...

IKEA to test small retail formats (UK)

Home furnishing retailer IKEA announced plans to test a number of new retail formats in the UK. IKEA will explore different Order and Collection Point formats in selected markets, using this as an opp ...

AEW Europe acquires City of London asset for approx. €25 mln (UK)

AEW Europe has acquired 65-68 Leadenhall Street, EC3, a freehold office building in the City of London for approx.£18 mln (approx. €25 mln), on behalf of its Europe Value Investors Fund (“EVI” ...

Beltane JV acquires 9.290 m² Southbank office from M&G real estate (UK)

Beltane Asset Management in a joint venture with affiliates of Angelo, Gordon & Co has acquired a 100,000 ft² (9.290 m²) office block in Southwark, just 400m south of the River Thames. In ...

ICSC’s European Advisory Board welcomes two new members (EU)

The International Council of Shopping Centers’ (ICSC) European Nominations Committee has appointed Joris de van der Schueren, Fund Director & Head of International Retail Clients, Redevco B.V, t ...

Klépierre agrees on disposal of a €770 mln retail portfolio (NL)

Klépierre announced it has reached a conditional agreement with Wereldhave on the disposal of a portfolio of nine shopping centres located in the Netherlands for a total consideration of €770 mln, ...

CORESTATE Invests €370 mln in retail properties in Germany (DE)

CORESTATE, a specialized real estate investor based in Zug, Switzerland, announces the €370 mln acquisition of 35 handpicked and well located retail buildings in prime locations in pedestrian zones ...

Aareal Bank sells Main Triangle building to WCM for €92 mln (DE)

Aareal Bank Group has sold the Main Triangle building in Frankfurt to WCM Beteiligungs- und Grundbesitz AG for approx. €92 mln. The closing of the transaction is expected for September 2015. ...

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