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SEB Asset Management to convert Torre Quadra in Milan into B&B Hotel (IT)

SEB Asset Management obtained planning permission to convert the 13-storey Torre Quadra building in Sesto San Giovanni, a suburb in the north-east of Milan. The real estate asset manager is planning t ...

Union Investment institutional real estate fund acquires 4-star hotel in Munich (DE)

Union Investment has purchased the angelo Hotel Munich Westpark in Munich from UBM Realitätenentwicklung AG for its UniInstitutional German Real Estate fund. By doing so, Union Investment was able to ...

Société de la Tour Eiffel announces disposal of three provincial assets for €64 million (FR)

In confirmation of the announcement made with the half-year results and in keeping with the strategy of concentrating on Paris offices, Société de la Tour Eiffel has completed in recent weeks three ...

Echo Investment starts construction of second stage of A4 Business Park in Katowice (PL)

Echo Investment started the construction of the second stage of the A4 Business Park office complex on Francuska Street in Katowice. The second stage of the project involves the construction of a 1 ...

JLL: Moscow Hotel Market Update. Q1-Q3 2013 Results (RU)

Jones Lang LaSalle’ Hotels & Hospitality Group announces the summer and Q1-Q3 2013 Moscow hotel market results. David Jenkins, Head of Jones Lang LaSalle’ Hotels & Hospitality Group, Ru ...

Land Securities sells Bankside to M&G Real Estate (UK)

Land Securities has agreed to sell Bankside 2 & 3, SE1, and its retail holdings in Bankside 1, to M&G Real Estate Limited for £315 million (approx. €371.6 million), reflecting a net initial ...

PATRIZIA to construct over 1,000 apartments in Düsseldorf (DE)

PATRIZIA Immobilien AG will construct a completely new urban quarter with over 1,000 apartments on a former glassworks site in the Gerresheim district of Düsseldorf, thus creating urgently needed res ...

AG Real Estate acquires 113,000 m² logistics property in St Martin de Crau (FR)

AG Real Estate capital has acquired one of France’s largest logistic properties in St Martin de Crau for €65 million. The 113,000 m² property was originally developed by French developer PRD for ...

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