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IMMOFINANZ subsidiary BUWOG sells residential portfolio in Carinthia to the ÖSW Group (AT)

BUWOG, a wholly owned subsidiary of the listed IMMOFINANZ AG, has successfully sold another major portfolio. In Carinthia, 35 properties with a total of 781 apartments were sold to the ÖSW Group, the ...

RICS: Residential property sales in the UK reach three-year high (UK)

The amount of homes sold in the UK reached a three-year high during March as increased confidence in the market continued to translate into sales, says the latest RICS housing market survey. In Ma ...

PATRIZIA wins bid for GBW AG (DE)

The investor consortium led by PATRIZIA Immobilien AG has emerged as the successful bidder for BayernLB’s shares in the listed housing company GBW AG (50.19 million shares representing approx. 91.93 ...

NCC to build housing units in Copenhagen for SEK 379 million (SE/DK)

NCC has been commissioned to construct housing units and a parking garage at the Port of Copenhagen. The customer is Marmormolen P/S and the contract amount is SEK 379 million (approx. €45.3 million ...

Bouwfonds REIM launches European student housing fund (NL/EU)

Bouwfonds REIM, part of the Dutch Rabo Real Estate Group, is to launch a Europe-wide fund investing in student housing. The Bouwfonds European Student Housing Fund will be structured as a German ‘Sp ...

Lands Improvement obtains planning approval for 201 homes in Colchester, Essex. (UK)

Lands Improvement, the land development and promotion group, under the shareholding of MGPA Europe Fund III, L.P, has obtained planning approval for 201 homes on a former brownfield site. Acquired ...

SEB Asset Management sells three properties in Berlin for €300 mln (DE)

SEB Asset Management has sold three properties in Berlin for a total of about €300 million for its open-ended real estate fund, SEB ImmoInvest. The transfer of ownership took place on payment of the ...

PRUPIM announces £105 mln residential property portfolio acquisition (UK)

PRUPIM, the real estate investment management arm of M&G Investments, confirms it has exchanged contracts to acquire a £105.4 million (approx. €124.3 million) residential portfolio owned by The ...

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