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WELPUT sells prime Mayfair asset, Stratton House (UK)

The West End of London Property Unit Trust ('WELPUT'), managed by Schroders and advised by Grafton Advisors, has exchanged contracts to sell the freehold interest in Stratton House, 5 Stratton Street, ...

Successful conversion of AXA Immoresidential to a German 'Spezialfonds' (DE)

AXA Real Estate Investment Managers (AXA Real Estate) announces that the German public mutual real estate fund AXA Immoresidential has successfully converted from a public mutual fund to a German spec ...

Aedas appointed to design Brazilian shopping center (BR/UK)

Aedas, in conjunction with Davis Brody Bond Brazil, has been appointed to design a major new shopping center in Aracatuba in Brazil.The 120,000 m² scheme is located on the fringe of the town center a ...

Danny Kinnoch strengthens Savills specialist cross border investment team (UK)

International real estate advisor Savills has appointed Danny Kinnoch to its cross-border investment team based at Savills Grosvenor Hill offices in London.Kinnoch, who joins the UK-based department a ...

Union Investment acquires Rosmarin Karree in central Berlin (DE)

Rosmarin Karree in the Mitte district of Berlin has a new owner. Union Investment acquired the commercial and office building – prominently located on Friedrichstrasse in central Berlin, between Unte ...

Leading shopping center developers use ISA to benchmark and improve sustainability performance

A number of Europe's leading shopping center developers are now using the International Sustainability Alliance (ISA) to benchmark and improve the sustainability performance of their real estate.Over ...

CBRE: Swap contracts affecting lenders real estate work out strategies

The cost of breaking swaps contracts taken out by real estate investors who borrowed in euros at the peak of the property market in 2006/07 has increased substantially, according to an analysis by glo ...

Benson Elliot and Générale Continentale Investissements exit over €150 mln. of prime Paris offices (FR)

Leading private equity real estate firm Benson Elliot Capital Management and Générale Continentale Investissements ('GCI') announce the sale of Olympique and Opéra Italiens, after successfully comp ...

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