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Lend Lease recommended as North Street development partner, Guildford (UK)

Guildford Council's evaluation panel will recommend Lend Lease as the preferred developer for North Street. The decision follows last month's submission of formal bids from three shortlisted developer ...

NSI sells Swiss retail property Hertizentrum for CHF 32 mln (NL/CH)

NSI has sold its Swiss retail property ‘Hertizentrum’ in Zug on book value for CHF 32 million (approx. €26.31 million). Hertizentrum generated an annual gross rental income of approx. €2.0 mil ...

AXA's Tokyo Office Property Fund agrees first acquisitions totalling ¥10 billion (€83 mln) (FR/JP)

AXA Real Estate Investment Managers announces that the Tokyo Office Property Fund has completed the acquisition of Shinjuku Sanchome, a 4,553 m² building located in the Shinjuku ward of central Tokyo ...

IPD: CEE region generates a positive performance in 2012 (EU)

The IPD Central and Eastern European Annual Property Index released yesterday, delivered a positive total return on all property of 5.6% in 2012, albeit 2% lower than the total return for 2011. In co ...

Intervest Offices & Warehouses sells its property in Kortenberg, Jan-Baptist Vinkstraat 2 (BE)

Property investment fund Intervest Offices & Warehouses has reached an agreement for the sale of its semi-industrial building located in Kortenberg, Jan-Baptist Vinkstraat 2 for an amount of € 1 ...

IHG announces sale of InterContinental London Park Lane for £301.5 mln (UK)

InterContinental Hotels Group PLC today announces it has agreed to sell InterContinental London Park Lane to Constellation Hotel (Opco) UK S.A., which is an affiliate of Constellation Hotels Holding L ...

BPT Baltic Opportunity Fund acquires Coca-Cola Plaza in CBD of Tallinn (EE)

In another sale and lease-back transaction BPT Baltic Opportunity Fund, the most recently launched real estate fund from BPT, has acquired its third asset, the Coca-Cola Plaza in the central business ...

Sanctuary completes takeover of Cosmopolitan Housing Group (UK)

Cosmopolitan Housing Group (CHG) has become part of Sanctuary Group. CHG owns and manages around 13,500 homes across Merseyside, Cheshire and the North West. The move, which is fully supported by the ...

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