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Aareal and pbb provide €228 million refinancing to Ærium Cardinal fund (EU)

Aareal Bank AG and pbb Deutsche Pfandbriefbank have jointly underwritten a €228 mln senior acquisition facility, to refinance a 23 prime asset portfolio mainly located in Paris Central Business Dist ...

DIC Asset launches new fund and invests in retail properties (DE)

DIC Asset AG just launched its third institutional real estate fund (open-ended special AIF), “DIC Office Balance II.” The fund will commit itself in office properties in Germany, focusing on core ...

Rockspring acquires prime retail asset in central London for £19.7mln

Rockspring Property Investment Managers (“Rockspring”), on behalf of a separate account client, announced that it has completed the acquisition of 154/162 Tottenham Court Road and 33/37 University ...

Cathedral Group brings forward phase 2 of Old Vinyl Factory redevelopment with HUB (UK)

HUB has exchanged contracts on the development of 213 new homes in Cathedral Group (Holdings) Ltd and Development Securities’ Old Vinyl Factory development in Hayes, west London. The housing ...

Retail Space Europe 2015

LJ Group has committed a total of €100 million of equity to Cresco Capital Group’s German student housing venture, Cresco Urban Yurt (EU)

The partnership has made its first acquisition, a landmark building on Frankfurter Tor in Berlin and will invest in excess of €60 mln into the development. The LJ Group the leading privately owned ...

IDI Gazeley Italy announced the completion and handover of new distribution center for L'Oreal (IT)

IDIGazeley (Brookfield Logistics Properties), a leading global investor and developer of sustainable logistics warehouses and distribution parks throughout Europe, North America and China has announce ...

AXA Belgium acquires “Galerie Kons” project in Luxembourg (LU)

IMMOBEL, BESIX RED and CLI sell the company that owns “Galerie Kons” project in Luxembourg to AXA Belgium. The project comprises 20,500 m² above ground, including +/- 14,600 m² of offices ...

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