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Union Investment acquires office property in Essen for institutional real estate fund (DE)

Union Investment has added a further property in a mid-sized German city to its institutional UniInstitutional German Real Estate fund by acquiring Kettwiger Tor in Essen. The vendor is a Hamburg-base ...

Initiation of an international open tender process for the sale or/and joint exploitation of OTE Estate S.A. assets with interested investors (GR)

OTE Estate S.A. announces the initiation of an international open tender process for the sale and/or joint exploitation with OTE Estate, or other alternative business proposal from interested investor ...

EPRA: Dutch REIT regime rule changes boosts international competitiveness (NL)

Dutch REITs will compete better with their European peers from the start of this year following new legislation that allows certain ancillary services to qualify alongside these listed property compan ...

Henderson acquires retail warehouse in Austria for Warburg-Henderson (AT)

Henderson Global Investors, on behalf of its German joint venture, Warburg-Henderson, has acquired a retail warehouse in Rosental an der Krainach, in Austria for ca. €18 million. It represents the e ...

Starwood Capital Group acquires Four Pillars Hotels (UK)

A fund affiliated with Starwood Capital Group has acquired UK hotel owner and operator Four Pillars Hotels. The transaction includes a portfolio of five owned and leased hotels and one managed hote ...

Construction starts on The Heart of Europe project on The World in Dubai (AE)

Kleindienst Group, a leading UAE-based real estate agent and developer with over 30 years’ experience in the international property market, has confirmed that contractors have been mobilized on its ...

Union Investment secures office complex in central Munich (DE)

In 2014, the Munich commercial property market remains one of the most important target markets for Union Investment. At the start of the year, the investment management company secured the Maximilian ...

SEB Asset Management sells Springleaf Tower in Singapore at a profit (DE/SG)

SEB Asset Management has exploited the market opportunities in Singapore and sold its investment in Springleaf Tower, a 37-story class-A office building, at a profit. Its partial ownership share compr ...

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