Hammerson to convert former Debenhams flagship into housing (GB)

Hammerson has submitted plans to redevelop the former Debenhams store at Highcross, St Peter’s Lane, Leicester, into new homes for rent. Hammerson has worked jointly with ...

BNP Paribas REIM acquires prime office building in Ratingen (DE)

BNP Paribas REIM has recently acquired an 11,000m² office building in Ratingen, Germany, from LaSalle Investment, on behalf of its SCPI OPUS REAL. The building is strategically located in the ...

Urban Logistics REIT secures €56.2m loan from Aviva Investors (GB)

Aviva Investors has completed a €56.2m (£48m) financing facility to subsidiaries of Urban Logistics REIT plc. Urban Logistics REIT will use the loan proceeds to refinance its recent ...

International Campus Group acquires Aachen student accommodation (DE)

Signa has sold a project development for student apartments in Aachen, Germany, to the International Campus Group (IC). A total of 165 apartments on a gross floor area of around 5,700m² were ...

Union Investment enters Finnish residential property market

Union Investment has entered the Finnish residential property market via the acquisition of Hyperion development project in Helsinki, purchased for open-ended real estate fund UniImmo: ...

Thorntons to close 61 stores, putting over 600 jobs at risk (GB)

British chocolatier and retailer Thorntons has announced that it will permanently close all 61 UK stores, putting over 600 jobs at risk. The company cited pandemic as a major cause ...

Sirius acquires Essen business park for €10.7m (DE)

Sirius Real Estate has notarised the acquisition of a business park in Essen for €10.7m. Built between 1962 and 1963, the mixed-use business and industrial park offers 14,711m² of ...

Barings sells prime Paris office building (FR)

Barings has sold 9 Rue du Helder, an office building in Paris, on behalf of a pan-European value-add real estate investment strategy for institutional investors, to a French institutional ...

---