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REDEVCO sells Savoy Court, London to USS for £45.4 million (UK)

REDEVCO UK has exchanged contracts with United Superannuation Scheme (USS) for the sale of Savoy Court in London's West End for £45.4 million (approx. €53 million). Savoy Court is located adjacent t ...

Edeka agrees €50 million sale and leaseback (DE)

Edeka Minden-Hannover, the largest among the seven regional Edeka firms, has sold a property package consisting of 17 buildings with a total value of approximately €50 million.The buildings are lease ...

IVG Immobilien AG strengthens institutional funds business in CEE (DE)

IVG Immobilien AG is taking over Austria-based HYPO REAL INVEST AG (HRI). Vienna-domiciled HRI specializes in managing real estate funds for institutional investors and focuses on Central and Eastern ...

Savills Belux launches property and asset management services (BE)

International real estate advisor Savills has launched a property and asset management service at its Belux operation. The team of four are based at Savill ...

JLL: More European office markets close in on prime rental growth (EU)

Jones Lang LaSalle's Q3 European Office Clock highlights that prime office rents continued to grow during the quarter, albeit at a slower pace. The Jones Lang LaSalle Office Rental Index rose by a mod ...

RICS: Residential rents rise as demand outstrips supply (UK)

Falling supply of new property to the rental market coupled with increased demand led to a rise in rents in the three months to the end of October, says the latest RICS Residential Lettings Survey pub ...

Castellum invests SEK 208 million in two properties (SE)

Castellum has through the wholly owned subsidiary Aspholmen Fastigheter AB acquired two properties in Uppsala for SEK 190 million (approx. €20.7 million).One of the properties is situated in the cent ...

Retail investment in France, a record-breaking high of 35% in 2010 (FR)

With €6.9 billion transacted in the first nine months of the year, the French commercial real estate investment market has registered a 41% increase compared to the same time last year and has gained ...

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