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Land Securities sells Times Square, London, EC4, to Blackstone for €366 mln (UK)

Land Securities has exchanged contracts to sell its 95% stake in Times Square, London, EC4, to real estate funds managed by Blackstone for £268.4 mln (€366 mln). Completion will be at the end of Ju ...

IDI Gazeley announces further 59,000 m² distribution center project with John Lewis (UK)

IDI Gazeley (Brookfield Logistics Properties), a leading global investor and developer of logistics warehouses and distribution parks, announces the signing of a project to develop a 59,000 m² built- ...

Thor Equities acquires prime property on Avenue des Champs Elysees (FR)

Thor Equities, a global leader in urban real estate development, leasing and management, has signed a contract to acquire a prime retail and office property at 102 Avenue des Champs-Elysees in Paris, ...

Spanish commercial property returns hit double figures for first time since the recession (ES)

MSCI Inc., a leading provider of investment decision support tools worldwide, has released the IPD Spain Annual Property Index data, which demonstrates further signs of a recovery in the commercial re ...

Knight Frank advised AXA Real Estate on the acquisition of 112 bed regional care home (UK)

On behalf of AXA Real Estate, Knight Frank specialist property team have acquired freehold interest of Manor Lodge care home, Chelmsford, from Aprirose REI for £17.6 mln (approx. €24 mln) at a yiel ...

Peter de Neef new Chairman of the Supervisory Board of Deerns Group

Deerns announced that Mr Peter de Neef will succeed Mr Paul Smits per 24 March as Chairman of the Supervisory Board of Deerns Group B.V. after approval from the shareholders of Deerns Group B.V. durin ...

GIC and Exeter Property Group form €300 mln partnership to invest in logistics properties (EU)

GIC, Singapore’s sovereign wealth fund, has established a €300 mln partnership with Exeter Property Group, an industrial real estate investment management specialist. The partnership wi ...

IMMOFINANZ announces voluntary partial offer for CA Immobilien Anlagen AG (EU)

The Executive Board and Supervisory Board of IMMOFINANZ AG decided today to make a voluntary partial public offer (in accordance with the Austrian Takeover Act) for the purchase of a minority interest ...

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