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LGP acquires Stevenage Leisure Park for £40 million (UK)

Legal & General Property ('LGP') announces that, on behalf of its Managed Fund, it has acquired Stevenage Leisure Park from Aviva Life & Pensions UK Limited for circa £40 million (approx. €4 ...

Savills: Record year for prime London residential real estate (UK)

Residential values across the whole of prime London have ended 2011 on a record high says the international real estate adviser, Savills.A 'flight to quality' by international safe-haven buyers means ...

IPD: UK property returns 8.1% in 2011 (UK)

Capital values fell for the second consecutive month in December, by -0.1%, making growth just negative overall for the last quarter of 2011. Total return, which stood at 0.5% for all property in Dece ...

AEW Europe announces €1 billion logistics funds merger (FR)

Real estate investment manager AEW Europe has announced the merger of its three existing logistics funds, creating a €1 billion pan-European logistics platform. The new LOGISTIS Fund will own one of ...

Meyer Bergman starts restoration work on Burlington Arcade (UK)

Meyer Bergman, the European retail real estate investment management firm, announces that, following final receipt of planning and listed building consent from the City of Westminster, restoration wor ...

IVG Private Funds: New fund to invest in headquarters of Allianz-Deutschland AG (DE)

IVG Private Funds is launching a new closed-end real estate fund: EuroSelect 21 Munich. The new fund will invest in Allianz's largest German site in Unterföhring (Munich district), consisting of a ce ...

Valad lets 4,000 m² at Techniczna Industrial Park, Warsaw (PL)

Valad, the European multi-let real estate investment manager, in partnership with Aviva Investors, has signed a new lease with Wamtechnik, a global supplier of intelligent power sources, at Techniczna ...

AXA Real Estate starts construction of its Sixty London prime office development (UK)

AXA Real Estate Investment Managers announces that it has appointed Balfour Beatty as the principal contractor to deliver the final construction phase of Sixty London, a prime London office developmen ...

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