Topland reveals acquisition of Menzies Hotels as part of its strategy to build £1 bln Hotel Business (UK)

Topland has acquired the parent company of Menzies Hotels from administration for close to £85 million (approx. €102.5 million) as part of an ambitious drive to build a £1bn (approx. €1.21 bill ...

Union Investment acquires ‘forum am Hirschgarten’ development in Munich from HOCHTIEF Projektentwicklung (DE)

Union Investment Real Estate GmbH has secured the first commercial property in the new urban quarter ‘Am Hirschgarten’ in Munich for its open-ended real estate fund Unilmmo: Deutschland. The vendo ...

M&G Real Estate acquires ‘Real’ hypermarket in Wuppertal (DE)

M&G Real Estate today confirms the acquisition of a ‘Real’ Hypermarket, a retail investment located in an established mixed commercial area of Wuppertal, North Rhine-Westphalia, Germany for ₠...

PPHE Hotel Group arranges refinancing of hotels in London and the Netherlands (UK/NL)

PPHE Hotel Group announced that certain of its wholly-owned subsidiaries have entered into a facility agreement with Aareal Bank AG (Aareal) to refinance three of the group’s four owned London hotel ...

Europa Capital acquires office and hotel complex in Düsseldorf (DE)

Europa Capital has acquired a complex of two properties from Munich-based KanAm Group, the ‘Cubus’ office building and the INNSIDE by Melia Hotel in Düsseldorf, Germany. The properties were bu ...

St. Modwen and Salhia sell Elephant & Castle Shopping center for £80 mln to Delancey and APG (UK)

Key Property Investments, a 50/50 joint venture between St. Modwen and Salhia Real Estate Company K.S.C , today announced that it has completed the sale of the Elephant & Castle Shopping Centre to ...

Palmer Capital acquires £150 million regional regeneration project at Finzels Reach in Bristol (UK)

Palmer Capital, announced that it has completed the acquisition of all of the debt secured against Finzels Reach - a mixed-used development project in Bristol city center, having purchased the outstan ...

Henderson sells Parisis Park in Franconville to Cordea Savills (FR)

Henderson’s European Retail Property Fund – Herald, has sold Parisis Park in Franconville near Paris to Cordea Savills, for c. €40 million. Cordea Savills has purchased the asset for its Europea ...