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UK Universities scheme backs Fprop with 50m (UK)

The £20bn Universities Superannuation Scheme, the UK’s second largest pension fund, has awarded a £50m mandate to property asset manager First Property Group. The capital will be invested i ...

Hines signs Kirkland & Ellis to 600,000-sq-ft lease (USA)

The Chicago office of Hines has announced that the international law firm of Kirkland & Ellis LLP has signed a 600,000-ft² lease, and will serve as the anchor tenant for 300 North LaSalle, a new ...

Brixton buys in Birmingham (UK)

Brixton plc has simultaneously acquired two freehold interests in the Hayward Industrial Estate, Orton Way, Castle Bromwich, Birmingham, for a total consideration of £4.1m, reflecting a net initial y ...

HVB Group presents its interim report at June 30, 2005 (DE)

HVB Group has presented its interim report at June 30, 2005. Overall, HVB Group recorded good financial performance in the second quarter 2005, despite unfavorable conditions in the capital markets. A ...

Hammerson and Kajima secure further letting at One London Wall (UK)

London Wall Limited Partnership, a 50:50 joint venture between Hammerson plc and Kajima Europe BV, has agreed a lease with the law firm, Maclay Murray & Spens, for 2,300 m² (25,000 ft²) of offic ...

Redevco buys shopping center in Sweden (SE)

Redevco has made a second transaction in Sweden. The company has purchased shopping center Värmdö in Stockholm for €30 million from developer Värmdö Byggentreprenader. The shopping center is situ ...

Advisors in Magna Plaza deal (NL)

In the Magna Plaza deal, that was announced in the Europe Real Estate newsletter of last Friday, Berhouwe Vastgoed acted on behalf of Akron Group. CB Richard Ellis advised the investors. Uni-Invest Ho ...

Akron Group and allied Irish Bank acquire Magna Plaza shopping center in Amsterdam (IR/NL)

Uni-Invest Holding BV has sold the landmark shopping center Magna Plaza in Amsterdam to the Dutch real estate investment fund MP Monumenten NV. Akron Group sourced the property on behalf of AIB Privat ...

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