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FedEx to buy Dutch delivery company TNT Express for €4.4 bln (US/NL)

FedEx Corporation agrees to buy Dutch delivery company TNT Express N.V for €4.4 bln. FedEx reached a conditional agreement to pay €8.00 in cash per ordinary TNT Express share. On a dail ...

M&G Real Estate makes next move into UK big six offices market with €99.4 mln purchase in Glasgow (UK)

M&G Real Estate has acquired a prime office asset, Aurora, in Glasgow, for £72.6 mln (€99.4 mln) from CS EuroReal, reflecting a net initial yield of 6.18%. This off-market transaction was made ...

Foreign investments in Montenegro reach €5.5 bln (ME)

Montenegro tops the Balkan region regarding the volume of foreign investments, says Milos Jovanovic, head of the country’s agency for investment promotion. Jovanovic says that foreign inv ...

Axiare aquires two office properties in Madrid for €40.5 mln (ES)

The Socimi Axiare announced the acquisition of two office properties in Madrid for a total of €40.5 mln. This transaction adds 14,362 m² of Gross Lettable Area (GLA) to the Company’s property por ...

intu broadmarsh submits transformation application (UK)

A detailed planning application has been submitted to Nottingham City Council on the awaited transformation of the intu Broadmarsh shopping center in Nottingham. intu’s vision is for a vi ...

Blackstone raises largest real estate fund of all time

In 2015, Q1 saw another strong quarter for private equity real estate fundraising, with $29 bln (approx. €26.6 bln) raised. More than three-quarters of the capital raised in the quarter was by just ...

Globe Trade Centre S.A. sells Kazimierz Office Center in Krakow for €42 mln (PL)

Globe Trade Centre S.A. (GTC), a leading commercial real estate company has announced the signing of a preliminary sale agreement for the sale of Kazimierz Office Center in Krakow, Poland. GTC ...

Cording acquires industrial portfolio for €69 mln (UK)

Cording Real Estate Group, the UK and Northern European real estate investment and asset management business, has acquired a portfolio of six industrial estates in the UK for £51 mln (approx. €69 m ...

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