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Warburg-Henderson buys Durham industrial estate for £16.25 million (UK)

Warburg-Henderson has acquired the freehold interest in a newly developed distribution warehouse at Drum Industrial Estate, County Durham on behalf of its European Core Property 1 Fund from Gladman De ...

DEGI International lets 10,000 m² in Warsaw (PL)

Aberdeen Immobilien Kapitalanlagegesellschaft mbH has entered into a long-term renewal lease agreement with Deutsche Bank for its Polish head office in Warsaw. The property is directly held by the Ope ...

Scribona acquires Catella and creates a strong new European finance group (SE)

Scribona AB, listed on First North, has made a deal to acquire Catella AB, a European finance group that specializes in financial advisory services and asset management. The total cash amount, includ ...

Legal & General and Mitsubishi launch Piano's first UK scheme (UK)

Legal & General Property and Mitsubishi Estate Company today launched Central Saint Giles, the first completed development in the UK by internationally-acclaimed architect Renzo Piano. The strikin ...

IPD: Global real estate returns deteriorate over 2009

The spread of investment performance across global property markets, at 32 percentage points, contracted for the first time in the nineyear history of the IPD Global Property Index. The index delivere ...

Rakeen confirms ongoing drive to offer high returns on Uptown Tbilisi towers (GE)

Rakeen Development has confirmed its ongoing drive to offer high returns and low risk commercial property investment opportunities. Rakeen has now launched the sale of 50% of the Uptown Tbilisi reside ...

Gerald Eve bags two South Coast hotel investments (UK)

Aviva Investors advised by Gerald Eve have purchased the Travelodge Hotel, West Hill Road Bournemouth for £6.86 million (approx. €8.1 mln.), which reflects a net initial yield of 6.2%.The 110 bedroo ...

Invesco Real Estate sells two UK offices for €56 million on behalf of German investor (UK)

Invesco Real Estate, the global cross-border property investment manager, is pleased to announce that it has sold two office properties in the UK totaling ca. £48 million (approx. €56 mln.) on behal ...

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