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British Land Sells Eastgate Shopping Centre in Basildon for £88.6 mln (UK)

British Land has sold the freehold of Eastgate Shopping Centre in Basildon to Infrared Capital Partners for £88.6 million (approx. €107.7 million) The 700,000 ft² (approx. 65,032 m²) scheme co ...

Grainger receives planning for £110 million ‘build to rent’ residential developments (UK)

Grainger plc, the UK’s largest listed residential property owner and manager, today announces that The Royal Borough of Kensington and Chelsea has granted detailed planning permission for 84 new hom ...

IMMOFINANZ Group acquires five commercial parks in Slovenia and Czech Republic (SI/CZ)

IMMOFINANZ Group is continuing the expansion of its successful STOP.SHOP. retail warehouse chain: at the end of December, five operational commercial parks - four in Slovenia and one in the Czech Repu ...

Kennedy Wilson acquires debt on landmark Shelbourne Hotel in Dublin, Ireland for $152m (IE)

International real estate investment and services firm Kennedy Wilson announced that the company completed the purchase of notes with an unpaid principal balance of approximately $310 million (approx. ...

bfinance: institutional investors well-placed to manage the asset price volatility expected in 2014

bfinance survey provides insight into how major asset owners plan to respond to the adverse effects of FED tapering over the coming months. Institutional investors reiterate their intention to allocat ...

Corio closes contract with Primark for Centrum Galerie in Dresden (DE)

Corio has signed a contract with Primark to open a store in Centrum Galerie in Dresden in Germany with a sales area of 6,500 m² . The Primark store will anchor the center over three levels. This is t ...

Verdion appoints letting agents for its 6 million ft² iPort logistics scheme (UK)

Verdion has appointed Gent Visick, CBRE and Cushman & Wakefield as letting agents for iPort, its £400 million (approx. €487 million) Inland Port project in Rossington near Doncaster, marking th ...

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 ...

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