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Meyer Bergman acquires iconic Karstadt department store in Berlin (DE)

Meyer Bergman has acquired the iconic Karstadt department store at Berlin’s Hermannplatz from the investment consortium Highstreet Holding. Financial terms of the transaction are not being disclosed ...

Catella establishes property asset management in France (FR)

European financial group Catella will establish property asset management activities in France from spring 2014. This will take place under the leadership of François Brisset, previous managing direc ...

GPE sells 20 St James's Street, SW1 for £54.5 million (UK)

Great Portland Estates announced that it has exchanged contracts to sell 20 St James's Street, SW1 London for £54.5 million (approx. €65 million), reflecting a net initial yield of 2.1% and a capit ...

Jones Lang LaSalle Hotels & Hospitality Group sells Luxury Collection Hotel Bristol in Warsaw (PL)

Jones Lang LaSalle Hotels & Hospitality Group is pleased to announce the sale of the 206-room Luxury Collection Hotel Bristol in Warsaw to a consortium of international private investors who have ...

CBRE to advise Shell on the acquisition of properties across Poland (PL)

CBRE announced that since November 1, 2013 it has been mandated by Shell for the exclusive acquisition of properties across Poland. The two companies cooperate in 15 countries in EMEA, including Polan ...

UniCredit Bank AG sells parts of its private equity portfolio to SwanCap (DE/LU)

UniCredit Bank AG is selling parts of its private equity portfolio to the SwanCap Opportunities Fund SCS-SIF. The fund is managed by SwanCap Investment Management S.A., a newly founded investment comp ...

Guerlain’s boutique on the Champs-Elysées reopens after major renovations (FR)

Guerlain’s iconic boutique at 68 Champs-Elysées has reopened after more than a year of work. Take a guided tour of a mythic address on the world’s most beautiful avenue… Since its founding i ...

Icade to construct 15,000 m² mixed-use building for AG2R La Mondiale in Paris (FR)

Icade has signed a real-estate development contract with the AG2R LA MONDIALE Group to construct a building containing 15,000 m² of offices and 990 m² of shops on plot T6C in the Paris Rive Gauche Z ...

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