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DIC Asset launches new fund and invests in retail properties (DE)

DIC Asset AG just launched its third institutional real estate fund (open-ended special AIF), “DIC Office Balance II.” The fund will commit itself in office properties in Germany, focusing on core ...

Rockspring acquires prime retail asset in central London for £19.7mln

Rockspring Property Investment Managers (“Rockspring”), on behalf of a separate account client, announced that it has completed the acquisition of 154/162 Tottenham Court Road and 33/37 University ...

IHG adds three more Holiday Inn Express hotels to its UK portfolio (UK)

InterContinental Hotels Group (IHG), one of the world’s largest hotel companies, has announced the signing of three more Holiday Inn Express hotels in the UK: Holiday Inn Express London, Vauxhall Ni ...

Topland readies for £1billion float in 2015 (UK)

Topland Group, the investment house which is run by multi-billionaire Sol Zakay, is working up plans for a £1bln (approx. €1.262 bln) float of its hotels portfolio within the next year. ...

Shoreditch offices acquired for £33.55 million (UK)

Aberdeen Asset Management has acquired the freehold interests of Quick and Tower House in Shoreditch, EC2 from UBS Global Asset Management for £33.55mln (€42.3 mln). Quick and Tower House is ...

Cathedral Group brings forward phase 2 of Old Vinyl Factory redevelopment with HUB (UK)

HUB has exchanged contracts on the development of 213 new homes in Cathedral Group (Holdings) Ltd and Development Securities’ Old Vinyl Factory development in Hayes, west London. The housing ...

Schibsted has leased 380 m² of office space in Olivia Business Centre in Gdańsk (PL)

Schibsted Tech Polska, part of Schibsted Media Group, has leased 380 m² of office space in Olivia Four building in Gdańsk. JLL experts assisted in the search for the location and represented the ten ...

Aareal Bank AG syndicates part of a € 138 million loan to AXA Real Estate (DE)

Aareal Bank acted as arranger, facility and security agent in a €138 million loan regarding the refinancing of an office building in one of Germany’s top cities. Post-closing, Aareal Bank syndicat ...

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