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British Land sells property in London for approx. €152 million (UK)

The British Land Company PLC has disposed of 133 Houndsditch in the City of London to the Henderson Central London Office Fund for €152 million (£110 million). The net initial yield is 4.0% ...

Airrail Center Frankfurt gains specialist medical center as new tenant (DE)

Airrail Center Frankfurt GmbH & Co. KG, an investment company of IVG Immobilien AG, Bonn, is letting an additional 3,600 m² of the planned Airrail Center at Frankfurt Airport. After gain ...

ProLogis European Properties plans to float on Euronext Amsterdam (US/NL)

ProLogis has announced that ProLogis European Properties (PEPR), a real estate investment fund that owns a portfolio of distribution facilities in Europe and is externally managed by a subsidiary of P ...

FADESA appoints Ignacio Ponce as CFO (ES)

The FADESA Group has named Ignacio Ponce as CFO, an incorporation which concludes the process to renovate the top management posts which the company began last April when Antonio de la Morena was name ...

Norgani Hotels closes acquisition of 15 hotel properties and a large congress center in Finland (FI)

Norgani Hotels ASA has closed the transaction with Finnish Kapiteeli Plc in which Norgani purchased Kapiteeli's 15 hotel properties and a large congress center for an amount of €306 million. ...

IXIS AEW Europe acquires offices in Düsseldorf for its EUROFFICE fund (FR/DE)

IXIS AEW Europe has acquired the headquarters of the German economic daily newspaper Handelsblatt in Düsseldorf for its new paneuropean EUROFFICE fund. This is the first acquisition for EUROFFICE, th ...

Kungsleden acquires retirement homes in Stockholm (SE)

Swedish property company Kungsleden AB (publ) has acquired the property Marchen 1 in Sollentuna from JM for approximately €11 million (MSEK 116). The yield based on the purchase price is calc ...

Land Securities sells EC3 offices in London for €87.7 million (UK)

Land Securities has exchanged contracts for the freehold sales of two City of London properties totalling €87.7 million. The two properties are Tower House at 38 – 40 Trinity Square, and 10 Fenchurc ...

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