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Union Investment accesses global markets (DE)

The open-ended real estate fund Immo-Invest: Europa has significantly expanded its investment universe by adding new countries and usage types, acquiring investments worth a total of €86 mill ...

de Architekten Cie. wins extension of Victoria Palace in Bucharest (RO/NL)

The Amsterdam based architect's office de Architekten Cie. has won the international competition for the enlargement of the Victoria Palace in Bucharest, Romania, the headquarters of the Romanian Gove ...

DEGI acquires main post office in Erfurt (DE)

DEGI Deutsche Gesellschaft für Immobilienfonds mbH acquires the prestigious 'main post office' in Erfurt's Anger shopping and business area for a total investment of approximately €55 millio ...

Morgan Stanley presents European Housing report

House prices across most of Europe are much higher than 10 years ago; to a significant extent this is likely to have been driven by higher incomes and, to a lesser extent, by rising population. Lower ...

ING Real Estate wins £560m mandate for West Midlands (UK/NL)

ING Real Estate has won a £560-million (c. €831 mln) advisory mandate for West Midlands' Metropolitan Pension Fund's direct property portfolio. It is one of the UK's largest Pension ...

CLS buys office building in Hamburg (DE/UK)

CLS Holding plc has announced that it has acquired through a subsidiary an office building in Hamburg for a total net consideration of €16.0 million inclusive of all costs. The property, know ...

Pirelli RE and RREEF buy mega portfolio in Germany (DE/IT)

Pirelli RE and the real estate investment funds of RREEF (Deutsche Bank Group) have signed a binding agreement with the American private equity fund Cerberus, to purchase 100% of BauBeCon, an importan ...

ING Real Estate buys office building in Lyon (FR/NL)

On behalf of the ING Real Estate European Office Fund, ING Real Estate has acquired the Triangle Part-Dieu office building in Lyon, France, for €41 million. The property is located in the cen ...

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