Union Investment offloads office property in Vienna
Union Investment has sold the Doppio Offices office property located at Rinnböckstrasse 3 in Vienna to an Austrian holding company.
The building had been...
UK property fund outflows hit £1.16bn in 2024 amid weak demand
UK property fund outflows surged to £1.16 billion in 2024, marking another challenging year for the sector, according to the latest Fund Flow Index...
Victoria Property proposes cash offer for Ground Rents Income Fund
Victoria Property Holdings Limited, part of the Martin Property Group (MPG), has announced its intent to make a possible cash offer to acquire Ground...
Invesco Real Estate seals £41m Essex private rental scheme deal
Hopkins Homes, part of the Untypical Group, and Invesco Real Estate, the US$85 billion real estate investment manager, have signed a £40.6 million Private...
Handelsbanken relocates London HQ to Woolgate with 15-year lease
Stanhope and the Woolgate Exchange Unit Trust (WEUT) have announced a landmark lease agreement with Handelsbanken, which will see the financial institution occupy 53,000...
Ahold Delhaize completes €1.3bn acquisition of Romanian retailer Profi
Ahold Delhaize has finalized its €1.3 billion acquisition of Romanian grocery retailer Profi Rom Food SRL (Profi) from MidEuropa, doubling its retail footprint in...
Principal completes fifth Italian deal for European logistics fund
Principal Asset Management SM has completed the acquisition of an industrial property in Tuscany, Italy, in a sale-and-leaseback transaction for LOG IN, the European logistics...
Danish pension fund buys residential asset from Heimstaden Bostad
Heimstaden Bostad AB has entered into an agreement with PenSam, a Danish pension company, for the sale of 145 residential units located in Rødovre,...
Berkeley Group CEO joins Grosvenor Property UK’s board
Grosvenor’s UK property business has announced the appointment of Rob Perrins as a non-executive director to its Board, effective immediately.
Rob Perrins brings extensive experience...
URW sells stake in Paris shopping center for €235m
Unibail-Rodamco-Westfield (URW) announced the sale of a 15% stake in the renowned Westfield Forum des Halles, a 77,600 sqm flagship shopping center in the...
Indurent bolsters UK logistics portfolio with £200m purchase
Indurent, a Blackstone portfolio company formed in 2024 by merging Industrials REIT and St. Modwen Logistics, has announced the acquisition of an 18-asset portfolio...
UK hotel investment soars to highest levels since 2018
According to Savills, UK hotel investment transactions reached an estimated £5.75 billion in 2024, more than doubling the volume recorded in 2023.
This marks...
