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DIFA-GRUND invests in Luxembourg for the first time (DE/LU)

Hamburg-based DIFA Deutsche Immobilien Fonds AG - part of the Union Investment Group - has acquired the L'Unico development project in Luxembourg from Belgian developer Construction & Investment P ...

GECINA acquires two office properties in the Paris region for €394 million (FR)

GECINA has announced the acquisition of two office properties from CGI (Commerz Grundbesitz-Investmentgesellschaft) for a total of €394 million. These real estate assets, located in the inner ...

Minerva plc appoints Oliver Whitehead as Chairman designate (UK)

Minerva plc, the FTSE 250 property development company, is pleased to announce that Oliver Whitehead CBE, currently Chairman of Alfred McAlpine plc, will join its Board as a Non-Executive Director and ...

Pramerica buys 'Galerie Neustädter Tor' in Gießen (DE)

Pramerica Real Estate Investors on behalf of one of their institutional funds has acquired the shopping center and office building 'Galerie Neustädter Tor' in Gießen. The asset has a size of ...

Aberdeens Finnish property fund bought 4 properties from Pension Fund of Valio (FI)

Aberdeen Property Fund Finland I Ky, a property fund launched by Aberdeen Property Investors Finland Oy, has signed an agreement to purchase four real estates from Pension Fund of Valio (Valion Eläke ...

Aedes purchases 46.23% of Rubattino 87 S.R.L. from VICTORIA Italy Property GmbH (IT)

Aedes has purchased through a wholly owned subsidiary 46.23% of Rubattino 87 S.R.L. from VICTORIA Italy Property GmbH, thus becoming the company's main shareholders, with a total equity interest of 91 ...

CB Richard Ellis Group, Inc. announces several strategic European acquisitions (EUR)

CB Richard Ellis Group, Inc. (CBRE) has completed several acquisitions that significantly expand its full service capability across Europe. Over the past month, CBRE has acquired Holley Blake in the ...

Citycon sells 76 non-core properties (FI)

Citycon has signed an agreement to sell 76 non-core properties to a Kenmore Property Group Limited fund. The debt-free sale price of the properties is €74 million. The gain on sale is &#1 ...

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