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Derwent London sells Jaeger House to Shaftesbury for £30.75 million (UK)

Derwent London has exchanged contracts for the disposal of the freehold interest in 57 Broadwick Street, London W1 to Shaftesbury plc for £30.75 million (approx. €36.67 million) before costs. ...

Tristan Funds acquire Berlin’s Mitte city hall for €29 million (DE)

CCP III, a fund advised by pan-European real estate investment manager Tristan Capital Partners, has acquired the 13-story city hall of Berlin’s central Mitte district for €29 million together wit ...

RBS and Patron Capital save five hotels from administration (UK)

RBS Real Estate Asset Management (“RBS”) has saved over 130 local jobs and prevented the immediate closure of five hotels in East Anglia after their tenant filed for administration late last month ...

SEGRO and Picton complete UK property swap (UK)

SEGRO plc and Picton Property Income Limited have completed a property swap transaction through which SEGRO has acquired from Picton a 38,150 m² single-let, modern distribution warehouse at Magna Par ...

LondonMetric acquires Oak Furniture Land distribution warehouse for £22 million (UK)

LondonMetric Property Plc has exchanged contracts to acquire the Oak Furniture Land Distribution Centre in South Marston Park, Swindon from IM Properties, a privately owned property company. The pu ...

CBRE awarded global retail property mandate for Shell Group

CBRE Group, Inc. announced a renewal and expansion of its contract with Royal Dutch Shell Plc. CBRE will manage the international energy company’s retail network portfolio in 22 countries across fou ...

Peab to build Smarthotel in Hammerfest (NO)

Peab Norwegian subsidiary Björn Bygg has been contracted to build a Smarthotel in Hammerfest in Norwegian Finnmark. The client is Smarthotel Hammerfest Eiendom AS and the contract amounts to NOK 118 ...

Tokyo Office Property Fund, acquires two buildings in central Tokyo for €36 million (JP)

AXA Real Estate Investment, announced that the Tokyo Office Property Fund has completed the acquisition of Kojimachi, a high quality 2,565 m² office building situated in central Tokyo’s Chiyoda dis ...

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