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Kennedy Wilson and Varde purchase portfolio of eight UK shopping centers for £250 million (UK)

International real estate investment and services firm Kennedy Wilson and Varde have acquired a portfolio of eight shopping centers out of administration for £250 million (approx. €297.17 million). ...

M&G Real Estate agrees £198 million retail property asset swap with BP Pension Fund (UK)

M&G Real Estate today confirmed it has completed on a £198 million (approx. € 234.4 million) off-market retail asset swap with BP Pension Fund on behalf of the M&G Property Portfolio. Un ...

Topland funds office acquisition for flagship hotel conversion (UK)

A joint venture between developers Union Hanover Securities and Southern Grove has acquired a 75,000 ft² (approx. 6,970 m²) office building, Black Lion House, E1 from CIT for conversion to the flags ...

TAG Immobilien AG sells office building in Munich to Fiduciary Capital GmbH (DE)

TAG Immobilien AG announced that it has sold an approximately 30,000 m² office building in Munich-Obersendling to Fiduciary Capital GmbH. The property is located in Gmund Street (corner of Hofmann ...

Accor expands in Moscow with the signing of three hotels (RU)

Accor, the world's leading hotel operator, announces that it has entered into a long-term Management Agreement with one of the largest Russian development companies PATERO Development to manage a hote ...

CBRE: Chinese investors target London real estate (UK)

Interest in the Central London real estate market from Chinese investors is due to increase significantly, with insurance funds alone having more than US$14 billion (approx. €10.63 billion) availabl ...

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 ...

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