Meag sells Düsseldorf office property to JP Morgan
Meag has sold an office property at Königsallee 92 in Düsseldorf to a fund managed by JP Morgan Asset Management. The property is located on...
Cromwell partners with Goldman Sachs for office development in Amsterdam
Real estate investor and manager Cromwell Property Group has announced a partnership with Goldman Sachs for a new office building development in Amsterdam. Cromwell said...
Akelius acquires stake in Castellum for €424m
Akelius Residential Property said it buys 40 million shares in Castellum from M2 Asset Management. Akelius said this corresponds to 12.2 percent of the total...
Pension funds to increase investment in long income property, says new research
New research from Alpha Real Capital LLP reveals that over the next two years, 84% of professional investors believe the level of investment in...
Blackstone’s Kereby secures €912m refinancing for Danish real estate portfolio
Blackstone-backed real estate company Kereby has secured a 5-year refinancing of its entire Danish real estate portfolio. The refinancing package, totalling DKK 6.8bn(€912m), consists...
CA Immo’s construction subsidiary to operate under its own brand
CA Immo has announced the spin-off of its wholly owned construction management subsidiary, omniCon Gesellschaft für innovatives Bauen mbH, through a management-buy-out. This step...
Austrian real estate company enters Polish market with Wroclaw office deal
Austrian real estate company United Benefits Holding has entered the Polish market with the acquisition of the 16,000 sqm Silver Forum office building in Wroclaw,...
Edmond de Rothschild REIM raises further capital for European debt fund
Edmond de Rothschild Real Estate Investment Management (REIM)'s pan-European High Yield I Real Estate Debt fund has increased its current equity commitment to above...
AEW buys retail asset in Cannes, France
AEW has purchased a prime retail asset in the centre of Cannes, France. The 375m² asset is situated on rue d'Antibes, the main shopping area in...
Union Investment makes first acquisition in Scandinavian hotel market
Union Investment has entered the Scandinavian hotel market with the acquisition of planned 25hours Hotel Paper Island in Copenhagen. The property is part of the...