PRUPIM boosts investment in Europe with warehouse purchase in the Netherlands (NL/UK)

PRUPIM has purchased a distribution warehouse in Enschede, the Netherlands, from the German open-ended real estate fund manager WestInvest on behalf of the M&G European Property Fund. PRUPIM purch ...

Sonae Sierra and Miller develop new shopping and leisure center in Granada, Spain (ES/PT)

Sonae Sierra and British company Miller Developments have established a joint venture for the development of a new Shopping and Leisure Centre in the Las Pulianas neighbourhood, in the north-western a ...

Protego agrees European property joint venture with Australian Challenger (UK/AU)

Protego Real Estate Investors has announced that it has entered into a European real estate joint venture with Challenger Financial Services Group Limited, a leading Australian financial services comp ...

Niam and the Whitehall Funds acquire a portfolio from Sponda (SE/FI)

Niam Fund III and the Goldman Sachs managed Whitehall Street Real Estate Funds have agreed to acquire a property portfolio from Finnish real estate company Sponda for approximately €400 milli ...

Doughty Hanson sells Maximilianhöfe in Munich to Quinlan Private for €270 million (DE/UK)

Doughty Hanson & Co Real Estate has announced that it has sold Maximilianhöfe, a flagship property on Munich's Maximilianstrasse, for €270 million (US$350 million) to Quinlan Pri ...

ING Clarion acquires Plaza Del Mar III office property in San Diego for $61.6 million (US)

ING Clarion Partners has announced that it has acquired the Plaza Del Mar III in the Del Mar Heights submarket of San Diego for approx. €44 million ($61.6 million). The purchase of th ...

Successful major equity offering in SPD, a new property company (SE/UK)

Scandinavian Property Development ASA (SPD), a new property company established by SEB Enskilda and Aberdeen Property Investors, has raised €370 million in new equity through a private placin ...

Brixton appoints new advisers (UK)

Brixton plc is pleased to announce the appointment of Lehman Brothers as joint broker to work alongside Citigroup. Lehman Brothers have also been appointed as joint financial adviser working with Citi ...