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Kungsleden in SEK 5.5 billion property acquisition (SE)

Kungsleden has signed a memorandum of understanding with GE Capital Real Estate to acquire 84 commercial properties with an underlying property value of approximately SEK 5.5 billion (approx. €640 m ...

PFA acquires large property portfolio from Nykredit (DK)

PFA has acquired a portfolio containing 13 impressive investment properties in Copenhagen from Nykredit. The portfolio has been placed in a new fund owned by PFA. The fund has entered into a partnersh ...

Westminster Council approves plans for Old Burlington Street (UK)

Native Land has secured planning approval from Westminster City Council for the redevelopment of 30 Old Burlington Street, Mayfair. Westminster’s Planning & City Development Committee has agreed ...

IPD German real estate Spezialfonds: increased transparency highlights marked performance differences

Second quarter returns for German institutional property funds from the IPD/BVI German Quarterly Spezialfonds Index SFIX; and German retail property funds from the IPD German Monthly Open Ended Funds ...

Generator acquires new properties in Paris and Rome and secures €150 mln additional investment (FR/IT)

Generator, the award-winning group of urban design hostels, has acquired two further sites in Paris and Rome as part of its on-going European rollout. The Paris site will be the brand’s largest to d ...

Eurozone exits recession with unexpected 0.3% growth (EU)

 GDP rose by 0.3% in both the euro area (EA17) and the EU27 during the second quarter of 2013, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical ...

sontowski & partner and Zechbau to build €26 million residential project in Fürth (DE)

sontowski & partner in cooperation with Zechbau will build 47 exclusive neo-classical style apartments on the former site of the Tucher brewery in Fürth by early 2015. Developer and investor s ...

Redefine International concludes agreement to acquire three prime shopping centers in Germany valued at €189 million (DE)

In a significant transaction, Redefine International, the diversified income focused property company, announces that it has exchanged contracts to acquire the entities owning three shopping centers i ...

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