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Prologis to develop 700,000 ft² in the United Kingdom (UK)

Prologis, Inc. today announced it will commence development on three buildings totaling more than 700,000 ft² (approx. 65,000 m²) in the United Kingdom. The company has signed a 165,000-square-foot ...

SEGRO buys out its Belgian joint venture partner for €33.2 million (BE)

SEGRO announced that it has bought out KBC Real Estate’s 50% stake in its Belgian logistics property joint venture for a total consideration of €33.2 million (approx. £28.1 million). SEGRO’s ...

Vastned sells stake in Het Rond shopping center to Altera Vastgoed (NL)

Vastned, the listed European retail property fund focusing on venues for premium shopping, has sold its 50% stake in shopping center Het Rond in Houten to co-owner Altera Vastgoed. Taco de Groot, V ...

IMMOFINANZ Group launches Riverpark residential project in Poland (PL)

IMMOFINANZ Group is starting construction on a residential project in Poznań, the fifth largest city in Poland. The Riverpark will have 189 apartments with 11,852 m² of space, and completion is sche ...

Hermes makes major French sale-and-leaseback deal (FR)

Hermes Real Estate Investment Management Limited (HREIML) has acquired a 75% interest in a diversified sale and leaseback portfolio of French wholesale stores from METRO Cash and Carry France (MCCF) a ...

British Land acquires 50% stake in SouthGate, Bath for £101 million (UK)

British Land is pleased to announce that it has entered into an agreement to purchase 50% of SouthGate in Bath from Multi Southgate (LP) Limited for £101 million. The remaining 50% is owned by Aviva ...

Fonciere des Regions sells its Altera stake to Crédit Agricole for €115 million (FR)

Fonciere des Regions, a French property company reported yesterday that it has sold the 7.65% interest that it owned in Altarea Cogedim, a French retail retail property developer and owner, to Crédit ...

Plaza Global Real Estate Partners acquires the Atrium office building in Munich (DE)

Quantum Global Real Estate and LaSalle Investment Management announced that Plaza Global Real Estate Partners, their joint venture, has acquired Atrium, an office building in Munich, from a German rea ...

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