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Cordea Savills European Commercial Fund buys shopping center in Nordmeile, Berlin (DE)

Cordea Savills European Commercial Fund has acquired the district shopping center of Nordmeile in Berlin – Reinickendorf, from the Royal Bank of Scotland. The purchase price was ca. €41 million. ...

Kungsleden and GE sign SEK 5.5 billion property acquisition (SE)

Listed Swedish property company Kungsleden AB (publ) has signed a binding agreement with GE Capital Real Estate on acquiring the portfolio of 84 commercial properties, in line with the memorandum of u ...

Development Securities and Patron Capital sell Phones 4u Arena for £82.1 million (UK)

Development Securities in joint venture with Patron Capital today announces the sale of the Phones 4u Arena in Manchester to a Mansford Real Estate LLP Fund for £82.1 million (approx. €97 million). ...

Fosun acquires One Chase Manhattan Plaza for $725 million (US)

Fosun International Limited issued a voluntary announcement on Friday regarding the acquisition of One Chase Manhattan Plaza, which is located at 16-48 Liberty Street, New York. A wholly owned subs ...

M&G Investments to provide £113 million of development finance for Scottish Power’s headquarters in Glasgow (UK)

M&G Investments, the leading investment manager, has struck a deal with Scottish Power to fund the construction of the firm’s new headquarters in Glasgow, Scotland. M&G has acquired the ...

Verdion secures €30 million logistics facility for Siemens (DE)

Logistics property investor and developer Verdion has secured a pre-let to Siemens AG for a bespoke logistics and light production facility in Chemnitz, eastern Germany. The scheme has an end value of ...

Banimmo partners with McArthurGlen on €180 million scheme in Ghent (BE)

Banimmo, a Belgian real estate company active in built-to-suit developments and redeveloping obsolete buildings in its three geographical markets of Belgium, France and Luxembourg, is proud to announc ...

CBRE appointed to sell the Royal Exchange in the City of London (UK)

IBRC Assurance Company is selling its long leasehold in the Royal Exchange, and looking for offers in excess of £75 million (approx. €88.68 million) reflecting a NIY of 4.90%. The luxury shopp ...

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