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DTZ 2014 Global Outlook: Now is the right time to be bold in Europe (EU)

DTZ Research today published its 2014 Annual Outlook highlighting that economic growth has picked up and the global macro-outlook has improved. In Europe, this improvement has emerged more slowly than ...

Redefine international becomes UK’s newest REIT (UK)

Based on the Company’s closing share price on 3 December 2013 and including 98,090,863 new ordinary shares to be issued on Friday 6 December 2013, Redefine International’s expected market capitali ...

M&G Real Estate acquires £140 million industrial portfolio from Europa Capital/M7 Real Estate Joint Ventures (UK)

M&G Real Estate today announces the acquisition of two portfolios comprising 46 high yielding multi-let light industrial estates from Europa Capital/M7 Real Estate Joint Ventures for £140 million ...

Union Investment acquires 4-star Meliá hotel in Düsseldorf (DE)

Union Investment has acquired another hotel from Spanish operator Meliá Hotels International in the shape of the Meliá in Düsseldorf. A remaining lease term of 16 years makes the 201-room hotel an ...

St. Modwen secures 150,000 ft² Marks & Spencer store to anchor second phase of Longbridge Regeneration (UK)

St. Modwen Properties PLC has pre-let a 150,000 ft² (approx. 13,935 m²) full offer store to Marks & Spencer on a 45-year lease. The letting will be located at the heart of the Company’s major ...

Leasinvest Real Estate acquires 12,000 m² retail property in Luxembourg (LU)

On December 2, 2013 Leasinvest Real Estate, via its 100% subsidiary Leasinvest Immo Lux, acquired 100% of the shares of a Company owning a retail building of more than 12,000 m² with 475 parking spac ...

Unibail-Rodamco announces the leasing of the So Ouest tower in Levallois-Perret (FR)

Unibail-Rodamco and SAP signed today a long-term lease agreement for 17 floors on the So Ouest tower. The tenant took up 27,900 m² representing more than 90% of the gross lettable area of the buildin ...

Allianz sell office property in Stockholm CBD for SEK 1.6 billion (SE)

German insurance company Allianz has sold the Stockholm CBD property Jericho 34. The property's rentable area exceeds 21,000 m², is fully leased to among others EY which is the largest tenant and co ...

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