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Legal & General Property acquires student accommodation schemes for £130 million (UK)

Legal & General Property has acquired two new student accommodation schemes, one backed by Aberystwyth University and another let to Newcastle University, for a total consideration of £130 millio ...

Bayerische Hausbau sells business campus Bogenhausen to Rock Capital (DE)

Munich Based Bayerische Hausbau has sold the ‘business campus Bogenhausen’ complex to Rock Capital. The property is located in the eastern district of Munich Zamdorf and was originally used as Coc ...

IVG Immobilien AG: Key elements of a restructuring concept

In the negotiations conducted by IVG Immobilien AG and the representatives of principal creditors affiliated in 'Ad hoc-Committees' with regard to (i) a loan agreement in the amount of €1,350 millio ...

Raiffeisen evolution sells the Tech21 office building (AT)

The Tech 21, a building that offers its tenants flexible and individually customizable state-of-the-art office space, was completed in the summer of 2006. It had become the registered office for techn ...

UGL announces intention to pursue a demerger

UGL Limited today announced its intention to pursue a demerger to create two standalone ASX-listed companies, one focused on global property services (‘DTZ’) and the other on engineering, construc ...

Legal & General Property buys warehouses in South Yorkshire (UK)

Tritax has sold two Next distribution warehouses in Rotherham to Legal & General Property for £86.68 million (approx. €100.7 million). Legal & General Property has agreed to buy the 1.1 ...

PIK Group to develop a residential ‘business class’ building at Vavilov Street, Moscow (RU)

PIK Group, one of Russia’s leading residential real estate developers, announces the acquisition of 96.2% of the shares of OJSC “3rd taksomotorny park” for 1,025.6 million rubles (approx. €22. ...

LSR Group starts pre-sales in new low-rise residential neighbourhood in Moscow region (RU)

LSR Group started construction and pre-sales in a low-rise residential neighbourhood Nakhabino Yasnoye with a total net sellable area of around 140,000 m². The new comfort class project is situated o ...

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