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NCC to sell housing properties in Germany for SEK 321 million (DE/SE)

NCC has sold two developed housing projects to a German property fund, which is managed by Aberdeen Asset Management, for SEK 321 million (approx. €37 million). The housing projects are located in H ...

St James acquires 10 acre White City site for £100 million (UK)

St James, part of the Berkeley Group, has acquired a-10 acre site in White City, London, from Marks & Spencer (M&S) for a sum in the region of £100 million (to be paid over three years). The ...

M&G Investments finances private and social residential development (UK)

M&G Investments has struck a deal with developer be:here, a subsidiary of Willmott Dixon, and housing association Poplar HARCA, to fund the development of 233 residential units at Aberfeldy New Vi ...

LBO France and Deutsche Asset & Wealth Management sell the Selec portfolio (FR)

Powerhouse France, a new investment vehicle organized and managed by TwentyTwo Real Estate, has completed the acquisition of Financière SELEC from investment vehicles managed by LBO France, and Deuts ...

Lemminkäinen starts construction of the Tapiola residential project in St. Petersburg (RU)

Lemminkäinen has obtained a building permit for the residential building planned for the plot in the St. Petersburg city center, which was purchased by Lemminkäinen in autumn 2012. Lemminkäinen wil ...

Verny Capital to invest $300 million in the construction of Talan Towers in Astana, Kazakhstan (KZ)

Verny Capital announced that it will invest $300 million (approx. €224 million) into the construction of Kazakhstan’s first environmentally sustainable building complex, meeting LEED standards. ...

Wihlborgs acquires whole of Ideon portfolio in Lund (SE)

Via a company transaction, Wihlborgs is to acquire Ikano Fastigheter’s property portfolio in Ideon, Lund, southern Sweden and will now become the sole property owner in Ideon. The acquisition compri ...

Pluto Finance boosts London housing sector with launch of £250 million lending business (UK)

Pluto Finance, the residential development lender, today launched a new £250 million (approx. €294 million) business which will provide much-needed finance for housing developments in London and th ...

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