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INREV Guidelines on reporting widely adopted by non-listed real estate funds (NL)

A review by INREV confirms strong uptake of the INREV Guidelines on reporting in 2010. A commanding 97% of non-listed real estate funds use more than 50% of the Guidelines.The headline figures reflect ...

Real I.S. buys Lotus A & B office buildings in Rotterdam for BGV II (DE/NL)

Real I.S. has spent a total of approx. €57.1 million to acquire two of four buildings that form the Lotus office scheme in Rotterdam in the Netherlands.The properties are located in the office submar ...

CA Immo sells hotel site in Berlin (DE)

The Europacity urban district in Berlin is progressing apace. A first-class Steigenberger Hotel Group hotel will be opening in the first half of 2014, in the vicinity of the central railway station an ...

VGP successfully completes the second sale of an 80% interest in six additional Czech parks (CZ)

A fund managed by Tristan Capital Partners has acquired six parks of the Czech logistics portfolio of real estate developer and manager VGP NV, for around €135 million.The six properties purchased by ...

Helical to co-develop retail park in Gliwice (PL)

Helical Bar plc and Standard Life Investments, acting on behalf of one of its institutional clients, have signed an agreement to develop jointly a 66,000-m² retail park and shopping center at Europa ...

IMMOFINANZ Group completes Adama takeover (AT)

Following the approval of the competition authorities IMMOFINANZ Group completed the acquisition of the remaining 69.22% stake in Adama Holding Public Ltd. on November 9.IMMOFINANZ Group has held an i ...

pbb Deutsche Pfandbriefbank provides £33 mln. of acquisition finance to F&C REIT Asset Management and AREA Property Partners (DE/UK)

pbb Deutsche Pfandbriefbank has provided an approx. £33-million (approx. €38-million) facility to AREA Property Partners, F&C REIT Asset Management and ESAS Holding.The loan funds the acquisitio ...

Great Portland Estates plc sells £27-million London Bridge portfolio to Hermes Real Estate (UK)

Great Portland Estates ('GPE') has exchanged contracts to sell the freehold interest in six assets in proximity to London Bridge, SE1.The assets form two clusters comprising 9 Holyrood Street, Shand H ...

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