Deka acquires office tower project in Vienna
German real estate investor Deka Immobilien Investment GmbH has acquired the Austro Tower, an office tower project in Vienna, from real estate developer Soravia. The...
LondonMetric sells five assets for £38.5m
LondonMetric has sold five assets for a combined consideration of £38.5 million (LondonMetric share: £28.0 million). Two retail assets in North Shields and Llanelli have...
Immobel acquires 50% stake in Leeds office campus
Immobel Capital Partners, the investment management business of Belgian developer Immobel Group, has agreed to acquire 50% of the White Rose Park, an office...
CBRE to acquire majority stake in Turner & Townsend for $1.3bn
CBRE Group has agreed to acquire a 60% stake in Turner & Townsend Holdings for approximately £960 million ($1.3 billion) in cash. United Kingdom-based Turner...
Realterm acquires warehouse in Barcelona
Realterm Logistics, an American investment group specialising in logistics assets in the US, Canada and India, has acquired a warehouse in Palau Solità i...
Urban Splash signs £10m land acquisition funding deal with Grosvenor
UK regeneration company Urban Splash and Grosvenor Property UK have formed a new land acquisition partnership. Urban Splash has signed a new £10m funding deal with Grosvenor Property UK. The...
Barings invests £43.7m in Brighton student accommodation asset
Barings has agreed the forward purchase of Crown House, a student accommodation asset in Brighton, for £43.7 million from Studious Investment Management. Due for completion...
Dalata snaps up London hotel for £53.4m
Ireland-based hotel operator Dalata Hotel Group has agreed to acquire the long leasehold interest of the Apex Hotel London Wall for £53.4 million (€62.2...
Patrizia acquires infrastructure asset manager Whitehelm
Patrizia has agreed to acquire Whitehelm, an international infrastructure asset manager, for €67 million. Patrizia said the acquisition triples its infrastructure AUM to circa €5...
CLS completes sale of three properties for £49m
CLS has sold three properties for a total of £49 million at an average of 7.5% above 31 December 2022 valuations. CLS has unconditionally exchanged contracts to...