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Gecina acquires Mirabeau Tower in southern Paris with immediate net yield of over 7% (FR)

Gecina acquired the Mirabeau Tower from Aberdeen, acting on behalf of the German fund DEGI International, for a price of almost €186 million excluding duties. The building is 88% occupied, mainly l ...

Tristan/Ellandi coalition acquires the Swan Centre in Eastleigh (UK)

CCP III, a fund advised by pan-European real estate investment manager Tristan Capital Partners, has acquired the Swan Centre in Eastleigh, Hampshire, from PRUPIM, the real estate investment managemen ...

ECE starts Future Labs in Hamburg and Essen (DE)

New interactive shopping experiences: Alstertal-Einkaufszentrum in Hamburg and Limbecker Platz in Essen are ECE’s “Future Labs”. In both, ECE is testing as of now numerous services–from a virt ...

Sonae Sierra reaches agreement to acquire 50% stake in CascaiShopping (PT)

Sonae Sierra, through a majority-owned subsidiary, has reached an agreement with a fund managed by Rockspring Property Investment Managers, for the acquisition of its 50% stake in CascaiShopping, loca ...

UGL announces review to consider optimal corporate structure (US/EU)

UGL Limited today announced that following the significant growth in UGL’s Property business, which now represents close to 50% of the Company’s earnings, the Board of Directors has resolved to un ...

Catella advisor in the first property-secured bond loan in Sweden (SE)

Catella has acted as advisor in connection with Klövern AB’s (publ) first property-secured bond issue to a selected group of institutional investors. The total issue volume is SEK 700 million (€8 ...

Birmingham's Paradise Circus redevelopment gets green light (UK)

The dramatic transformation of one of the most important and historic parts of Birmingham city center is set to become a reality after award winning developers, Argent, gained outline planning approva ...

Wells Fargo and LaSalle Investment Management provide £67 million to Blackstone (UK)

Wells Fargo & Company (NYSE: WFC), the leading commercial real estate lender in the US, has provided £54.3 million (approx. €64 million) in financing to Blackstone, a leading investment and adv ...

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