Orion closes Fund IV at €1.30 billion (EU)

Orion Capital Managers has successfully completed the final closing of capital raising for its Orion European Real Estate Fund IV with equity commitments totaling the maximum of €1.30 Billion as the ...

Crosslane and BBFD enter joint venture to tackle student bed shortage in France (FR)

Student accommodation developer Crosslane and French property developer BBFD, advised by international real estate advisor Savills, have formed a joint venture to construct student housing schemes in ...

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 ...