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Hermes Real Estate announces off market acquisition in Whitechapel (UK)

Hermes Real Estate Investment Management Limited (HREIML) announced the completion of the acquisition of Cityside House and Challenger House in Whitechapel. Cityside House is a 54,000 ft² (approx. ...

C&W: European commercial property investment – Second quarter update (EU)

No summer pause yet for European real estate markets • Volumes post best second quarter rise for 5years • Interest spreading to new markets as risk tolerance grows and prices rise. • Office ...

ECE Fund to acquire ‘Hallen am Borsigturm’ in Berlin-Tegel (DE)

The ECE European Prime Shopping Centre Fund acquired ‘Hallen am Borsigturm’ in Berlin-Tegel. The seller of the property is Vernal Asset 2BV. The center was opened in 1999 and comprises a sales are ...

HSH Nordbank and pbb Deutsche Pfand-briefbank finance Upper West project development in Berlin (DE)

HSH Nordbank and pbb Deutsche Pfandbriefbank are providing syndicated finance for Atlas Tower GmbH & Co. KG, a subsidiary of the project developer STRABAG Real Estate GmbH (SRE), to develop the UP ...

Vasakronan sells Stockholm’s Algen 24 mixed-use asset for €50 million (SE)

Vasakronan, advised by Savills, has sold the fully let, mixed-use asset Älgen 24 in central Stockholm for approximately €50 million (SEK 435 million). The buyer is HEFAB Fastighets AB. The 9,000 ...

NCC sells office and retail project in Hagastaden, Stockholm for €185 million (SE)

NCC has sold the office and retail property Torsplan in Hagastaden, Stockholm for SEK 1,618 million (approx. €185 million). The buyer is KLP Fastigheter AB and the preliminary date of occupancy is s ...

Barratt London and Morgan Stanley form JV to build 770 riverside homes in Greenwich (UK)

Barratt London today announces that it has agreed to form a 50/50 joint venture with a fund managed by Morgan Stanley Real Estate Investing to build 770 homes with a gross development value estimated ...

Echo Investment sells Aquarius Business House for €41.9 mln (PL)

Echo Investment has closed the sale of the Aquarius Business House office building, which has been developed at the crossroads of Swobodna Street and Borowska Street in the center of Wrocław. The ...

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