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Development securities secures Cross Quarter forward funding (UK)

Development Securities in joint venture with Berkshire Investment Capital, announced that Canada Life has committed £38.1 million (approx. €46.42 million) to forward-fund the first phase of develop ...

Corio sold 10 assets in the Netherlands and 1 in France for €213 million (NL/FR)

In line with its strategy, Corio has sold 10 retail properties in the Netherlands to one buyer and one in France for a total amount of €213 mln in January 2014. The disposals concern small- to mediu ...

Union Investment sells Allee-Center in Remscheid to Deutsche Asset & Wealth Management (DE)

After a 10-year holding period, Union Investment has sold the Allee-Center retail property owned by its open-ended real estate fund UniImmo: Deutschland. The buyer is Deutsche Asset & Wealth Manag ...

ACRON has acquired the property of Hotel Glória in Rio de Janeiro (CH/BR)

ACRON has acquired the real estate of Hotel Glória in Rio de Janeiro. The seller is REX, the real estate holding of Eike Batista. ACRON acquires Hotel Glória in Rio de Janeiro, a hotel with a lon ...

INTERNOS and PAREF in JV to launch €100 million equity German retail park fund (DE)

INTERNOS, has entered into a joint venture with the French real estate SCPI fund manager Paref Gestion to launch Novapierre Allemagne, the first SCPI fund to invest exclusively in German retail park a ...

SEB Asset Management acquires Primegate in Tokyo (DE/JP)

SEB Asset Management has acquired Primegate, a ten-storey office and commercial building in Tokyo with a market value of JPY 5.5 billion (approx.. €39 million). The property was purchased for SEB ...

Meyer Bergman sells prime building to fashion giant Mango (UK/ES)

Meyer Bergman, the investment manager specialized in European retail properties, has agreed to sell a former bank office located on Calle Serrano, on Madrid’s “Golden Mile,’’ to the Spanish fa ...

PPHE Hotel Group Limited completes refinancing of art’otel Amsterdam (NL)

PPHE Hotel Group Limited is pleased to announce that the €24.0 million refinancing with Aareal Bank AG of the recently opened art’otel Amsterdam which the company and its subsidiaries (together th ...

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