DFI, CELLS Group acquire Berlin hotel for €116m
Deutsche Finance International (DFI) and CELLS Group have acquired the 32,000 sq m Sheraton Berlin Grand Hotel Esplanade from Archer Hotel Capital and Event...
Investment in European serviced apartment market reaches €497m in 2021
According to Savills, based on what is under construction and with final planning, the supply of serviced apartment stock across Europe is set to accelerate, with...
Allianz expands logistics portfolio in Italy with €91m deal
Allianz Real Estate has agreed to buy eight prime logistics facilities in Italy in an off-market forward transaction from a private seller for €91...
CLS pays €66.25m for office building in Dortmund
London-based property investment company CLS has agreed to acquire a 23,982 sqm (258,140 sq. ft) office building in Dortmund for €66.25 million (€2,763 per...
Patrizia divests prime office asset in Cologne
Patrizia has sold Kranhaus 1, a prime office asset in Cologne, to Deka Immobilien Investment GmbH, on behalf of its institutional clients. The parties...
CBRE to exit most business in Russia
Global commercial real estate services and investment firm CBRE will discontinue most of its business in Russia. The company has begun the process of exiting...
Colliers exits Russia and Belarus
Global real estate services and investment management firm Colliers has decided to discontinue its business in Russia and Belarus, effective immediately, after more than 28...
Google to invest $700m in Warsaw office complex
Google Monday announced that it will invest nearly $700 million in purchasing and further developing The Warsaw HUB office complex in central Warsaw, Poland....
Allianz Real Estate grows global logistics portfolio to €11.6bn in 2021
Allianz Real Estate has increased its global logistics portfolio to €11.6 billion in assets under management as at the end of 2021, up 32%...
SEGRO leases 42,800 sqm distribution centre in Limburg, the Netherlands
SEGRO has fully leased its SEGRO Logistics Centre Venray, its prime 42,800 m² (460,870 sq ft) distribution centre in the Limburg region of the...
