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Sirius invests €20m in German office property
Sirius invests €20m in German office property

Sirius Real Estate has acquired an office complex in Hallbergmoos, near Munich Airport, for €20.2m. The vendor is KCM Invest AG, a Munich based investment firm. Built in 1993, the ...

Legal & General and Sky to develop new studio at Elstree (GB)
Legal & General and Sky to develop new studio at Elstree (GB)

Sky has announced its intention to invest in building a new 32-acre, state-of-the-art TV and film studio at Elstree, just north of London, home to the world-renowned Elstree Studios. The ...

Intu gets a go-ahead for Costa del Sol scheme (ES)
intu gets a go-ahead for Costa del Sol scheme (ES)

intu has been granted a go-ahead for its flagship global resort development intu Costa del Sol, located in Torremolinos outside Malaga in Spain. The project, which will see preparatory ...

Commerz Real acquires 20% stake in 10 Kaufhof department stores (DE)
Commerz Real acquires 20% stake in 10 Kaufhof department stores (DE)

Commerz Real has taken up a stake of 20% in 10 Kaufhof department stores with the intention of developing them and increasing their value in the medium term. The remaining 80% will continue to ...

Long Harbour launches €400m ground lease fund
Long Harbour launches €400m ground lease fund

Long Harbour has launched its European Ground Lease Fund, a new vehicle that will invest in ground leases on residential and commercial real estate assets across Europe. ...

Marriott opens new hotel in Hamburg (DE)
Marriott opens new hotel in Hamburg (DE)

Marriott International had announced the opening of Courtyard by Marriott Hamburg City, the second Courtyard by Marriott hotel in the leading business city. The 277-guestroom hotel is set in an ...

NewRiver acquires Bravo Inns pub portfolio for €21m (GB)
NewRiver acquires Bravo Inns pub portfolio for €21m (GB)

NewRiver has acquired a community pub company Bravo Inns Limited for c.€21m (£17.9m), representing an EBITDA multiple of 6.8x. Bravo Inns owns 44 wet-led community pubs, ...

Commerz Real and Hines acquire Tucherpark Munich (DE)
Commerz Real and Hines acquire Tucherpark Munich (DE)

Commerz Real, acting together with the project developer Hines, has acquired the quarter “Am Tucherpark” from Hypovereinsbank. The scheme comprises ten buildings and is located in ...

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