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GPE sells 90 Queen Street, EC4 for £61.0 million (UK)

Great Portland Estates plc announces that it has exchanged contracts to sell 90 Queen Street, EC4 for £61 million (approx. €70.1 million), reflecting a net initial yield of 5.39% and a capital val ...

McAleer & Rushe JV sells Invest Northern Ireland’s headquarters (IE)

The Northern Irish Government has acquired Invest Northern Ireland’s Belfast city center headquarters through a sale of the shares of the holding company from Bedford Street Developments Ltd for clo ...

Germans re-enter Spanish market alongside South Americans, Brits and Canadians (ES)

According to Savills latest office report, whilst domestic investors continue to dominate the market in Madrid, German institutional funds have returned to the sector joining the new buyers in this ar ...

RLAM and KDP announce major regeneration project in North London (UK)

Royal London Asset Management and Kitewood Development Partner Ltd have announced the details of a major mixed-use regeneration project in Colindale, North London. The development on Capitol Way, N ...

Panattoni Europe starts construction of 50,000 m² warehouse for Castorama Polska (PL)

Panattoni Europe has commenced the biggest construction project in the market this year. It is the central warehouse for Castorama Polska with 50,000 m² of space. The facility will be one of the larg ...

HOCHTIEF Projektentwicklung sells Tivoli Office to AXA Investment Managers (DE)

HOCHTIEF Projektentwicklung has sold the Tivoli Office building in Munich to a real estate special fund operated by AXA Investment Managers Deutschland. The two parties agreed that no details of th ...

Prologis signs 15,400 m² leasing agreement with Dirks Group in Germany (DE)

Prologis, Inc. today announced that in the second quarter of 2013, it signed a 10-year leasing agreement with Dirks Group covering 15,400 m² at Prologis Park Gernsheim near Frankfurt in Germany. D ...

ACRON acquires Westcenter St. Gallen building complex in Switzerland for €49.4 million (CH)

ACRON, the indirect real estate investment specialist, has acquired the Westcenter St. Gallen retail property. The sales price amounts to approximately CHF 61 million (approx. €49.4 million). The pr ...

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