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LGP acquires BT Gatwick office and secures 20-year lease with Nestlé (UK)

Legal & General Property ('LGP') announces that it has acquired 1 City Place in Gatwick from RREEF for £39 million (approx. €47 million), whilst completing the surrender of BT's lease on the pro ...

Erkki Hakala appointed Managing Director of Catella Property Oy (FI)

The Board has appointed Erkki Hakala, Managing Director of Catella Property Oy as of January 1, 2012. Erkki Hakala. Erkki Hakala joined C ...

Deloitte: 2012 real estate market predictions (UK)

Deloitte's real estate partners have made their predictions for the property market in 2012, against a backdrop of widespread expectation of anemic economic growth for the second half of 2012 after st ...

Savills kicks of 2012 with Central London team buy (UK)

Savills has today announced the acquisition of the specialist Central London investment and asset management business Gresham Down Capital Partners.Gresham Down Capital Partners is a limited liability ...

Pramerica acquires 175,000-ft² Glasgow office building for £70 million (UK)

Pramerica Real Estate Investors announces that it has completed the acquisition of 141 Bothwell Street, a 175,000-ft² (approx. 16,250-m²) grade-A office building, for a total consideration of around ...

JLL: A slow start for 2012 with a brighter uplift in H2 (UK)

is uncertain. Until that time cost-cutting, not space expansion, will dominate and leasing activity will remain subdued. The outlook is for investment volumes to remain thin also in the early part of ...

Tamar European Industrial Fund sells further asset in Finland (FI)

Tamar European Industrial Fund has announced that it has sold a further asset in Finland to a private investor for a total consideration of €1.6 million.The asset, an 11,804-m² purpose-built factory ...

Rezidor announces and opens the Park Inn by Radisson Lübeck (DE)

The Rezidor Hotel Group, one of the fastest growing hotel companies worldwide, has rebranded the former Mövenpick Hotel Lübeck in Germany: from January 1, the 197 rooms-property trades under the new ...

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