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Londonmetric creates £175 million joint venture to acquire portfolio of 27 DFS assets (UK)

LondonMetric announced that it has exchanged contracts to acquire a portfolio of 27 DFS assets from the administrators to Delphi Properties Limited for a purchase price of £175.0 million (approx. € ...

C&R increases stake in The Mall Fund to 29.26% (UK)

Capital & Regional, announced that it has agreed the acquisition of a total of 30.689 million units in The Mall Shopping Centre Fund ("The Mall Fund"), increasing the Group's holding from 26.0% to ...

SEB ImmoInvest sells Lille office property for €20.6 million (FR)

SEB Asset Management has sold the EuroCentre office property in Lille on behalf of its openended real estate fund, SEB ImmoInvest to an institutional investor from France. The selling price achieved i ...

Silic merges with Icade (FR)

Last week the respective extraordinary shareholders’ general meetings of Silic and Icade approved the merger of Silic into Icade, on the basis of an exchange ratio of 5 Icade shares to 4 Silic share ...

Happy Holidays!

Europe Real Estate (REP) wishes you a Merry Christmas and a prosperous and successful 2014! During our Christmas holiday (23rd December 2013-2nd January 2014) our newsletter service will be interru ...

Philips Pension Fund and Deka complete the largest real estate transaction in the Netherlands in 2013 (NL)

Philips Pension Fund and Deka Immobilien GmbH have agreed on the sale of Symphony Offices at the Gustav Mahlerlaan, Amsterdam. The building is sold for circa €215.1 million, making it the largest re ...

Wainbridge completes £114 million acquisition of 11-15 Grosvenor Crescent for high-end residential redevelopment (UK)

Wainbridge Limited announced that, on behalf of Wainbridge Estates Belgravia Limited, it has completed the acquisition of 11-15 Grosvenor Crescent from Grosvenor for £114 million (approx. €136.7 mi ...

Hercules Unit Trust sells shopping park in Hayle for £26 mln (UK)

Hercules Unit Trust has sold the West Cornwall Shopping Park in Hayle to IM Properties for £26 million (approx. €31.2 million), reflecting a net initial yield of 5.4%. The 50,000 ft² (approx. 4 ...

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