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Union Investment acquires residential property in Berlin from TAG Immobilien AG (DE)

Union Investment Institutional Property GmbH has acquired three apartment blocks located in Berlin and comprising 1,384 units for a total purchase price of €87 million.Union Investment purchased the ...

New look for London's South Bank as Shell Centre plans unveiled (UK)

London's South Bank is set to be transformed by a unique mixed-use development with the famous Shell Centre Tower at its heart. Joint venture developers Canary Wharf Group and Qatari Diar have unveile ...

Tristan's EPISO 3 Fund concludes acquisition of Birminghams 'The Cube' (UK)

The EPISO 3 Fund advised by Tristan Capital Partners has acquired Birmingham's 'The Cube' building from Aruna Projects LLP at a price reflecting a NIY of 8.42% within days of its first capital closing ...

GPE acquires Minerva House, London (UK)

Great Portland Estates plc ('GPE') has exchanged contracts to acquire Minerva House, SE1, from the Minerva Trust, SREIT Property Limited and Clerical Medical Managed Funds Limited, for £60 million (a ...

CORESTATE Group acquires land plot for student accommodation-led development in Vienna (AT)

CORESTATE Group ('CORESTATE'), a specialist real estate investor based in Zug, Switzerland, announces it has acquired a 6,500 m² land plot in Vienna, Austria, for a 25,000 m² student accommodation-l ...

Cordea Savills acquires first two assets for Prime London Residential (UK)

Cordea Savills, the international property investment manager, has acquired the first two assets on behalf of its Prime London Residential Development Fund. Located adjacent to each other in Chelsea, ...

Prupim acquires Aberdeen student accommodation for £32.95 mln (UK)

PRUPIM, the real estate fund management arm of M&G Investments, has acquired New Carnegie Court for £32.95 mln (approx. €40.5 mln), a block of student accommodation at University of Aberdeen, fr ...

HOCHTIEF Solutions to build BelVista residential complex in Frankfurts Europaviertel (DE)

HOCHTIEF Solutions started work on constructing BelVista in October 2012: The residential complex in Frankfurt's Europaviertel West will comprise Belverde, an ensemble of residential buildings with 8, ...

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