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Cathay Life buys Walbrook Building for €802 mln in London (UK)

Minerva, the real estate investment and development group jointly owned by funds managed by Ares Management and Delancey, announced the sale of The Walbrook Building, a prime City of London office and ...

Negative interest rates create rush for real estate

Nordic institutional investors are planning to be large buyers of real estate over the next 12 months, according to a new survey from Pangea Property Partners. The reason is extremely low interest rat ...

Hansteen Holdings PLC sells HPUT ll for €268 mln (UK)

Hansteen Holdings PLC, the UK and Continental European property investment company announces the sale of the Hansteen UK Industrial Property Unit Trust II, a UK multi-let predominantly industrial prop ...

Blackstone acquires three shopping centers in Spain and Portugal (ES/PT)

Blackstone Real Estate Partners Europe IV (“Blackstone”) announces that it has acquired an additional three assets in Portugal and Spain which will be managed by its European retail platform, Mult ...

pbb provides € 131 mln facility to AEW Europe to refinance Tour W (FR)

pbb Deutsche Pfandbriefbank has arranged and underwritten a € 131 mln mortgage backed facility to fully refinance “Tour W”, an office tower located in La Défense, Paris. The property is managed ...

AXA IM launches global flexible property fund

AXA Investment Managers (AXA IM) today announces the launch of AXA WF Global Flexible Property (the Fund) to provide investors with exposure to the long-term return opportunities of direct property. ...

M&G Real Estate makes €232 mln Office Park acquisition (UK)

M&G Real Estate has acquired Bedfont Lakes Office Park from Aberdeen Asset Management for €232 mln, representing a net initial yield of 5.44%. The transaction was made on behalf of the M&G P ...

McKay Securities plc refinances €242.6 mln of its loan facilities (UK)

McKay Securities, the only Real Estate Investment Trust specializing entirely in the South East and London office and industrial markets, announces the completion of a comprehensive refinancing of its ...

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