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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 ...

Karlin Real Estate adds to UK portfolio with industrial and office buy (UK)

Karlin Real Estate has added to its UK commercial portfolio with the acquisition of a distribution building in Ellesmere Port and an office building in Solihull in transactions totaling approximately ...

Hammerson and Aviva sell Queensgate Shopping Center to Invesco for £202 million (UK)

Hammerson plc and Aviva Investors, who own Queensgate Shopping Centre in Peterborough in a 50:50 joint venture, have exchanged contracts to sell the freehold of the center to Invesco Real Estate for  ...

GRI gathers Turkey real estate leaders in Istanbul (TR)

150+ leading investors, developers and lenders active in Turkey will get together on 13-14 January for the Global Real Estate Institute’s annual Turkey GRI meeting. The event is the GRI’s 6th inst ...

Lloyds Bank and Citi fund £325 million MediaCityUK senior loan facility (UK)

Lloyds Bank Commercial Banking and Citi have announced the completion of a £325 million (approx. €389 million) jointly underwritten senior loan facility to an entity owned and operated by the Peel ...

CBRE Global Investors sells six office buildings in the Netherlands (NL)

CBRE Global Investors announces the completion of the sale of six office buildings in the Netherlands on behalf of the CBRE Dutch Office Fund to real estate funds managed by Blackstone. The 70,000 ...

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