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SEB Asset Management sells three properties in Berlin for €300 mln (DE)

SEB Asset Management has sold three properties in Berlin for a total of about €300 million for its open-ended real estate fund, SEB ImmoInvest. The transfer of ownership took place on payment of the ...

ICSC Euro-Shop Index continues to contract in March (EU)

European shopping-center business conditions remain firmly in contraction, although the pace of decline has slowed since last month, according to the March International Council of Shopping Centers (I ...

British Land reaches key milestone in the redevelopment of Harmsworth Quays (UK)

The first step has been taken to allow the redevelopment of the 14.57 acre Harmsworth Quays printing works site in Canada Water, South East London to go ahead. Southwark Council has given its approval ...

Interserve and Tiger form joint venture for Edinburgh's Haymarket development (UK)

Interserve, the international support services and construction group, has today, through a joint venture company, exchanged contracts to develop the Haymarket area of Edinburgh into a mixed-use site ...

C&W: Opportunity knocks for Central London occupiers (UK)

Occupiers in Central London’s office market seeking more value-for-money are driving leasing activity as the balance of power remains in their favor, according to research published today by global ...

IMG has concluded a US $246.7 million bank financing for its two investee retail projects (RU)

A long-term financing agreement for US $218 million (approx. €170 million) has been signed with the Russian Sberbank to finance the construction of Zelenopark project, a retail center of approximate ...

PRUPIM announces £105 mln residential property portfolio acquisition (UK)

PRUPIM, the real estate investment management arm of M&G Investments, confirms it has exchanged contracts to acquire a £105.4 million (approx. €124.3 million) residential portfolio owned by The ...

Great Portland Estate Joint Venture acquires 148 Old Street, EC1 London (UK)

The Great Ropemaker Partnership (‘GRP’), a 50:50 Joint Venture between Great Portland Estates plc (‘GPE’) and The BP Pension Fund has acquired 148 Old Street, EC1 from The BP Pension Fund for ...

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