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...
Cromwell European REIT rebrands to Stoneweg European REIT
Effective January 2, 2025, the Cromwell European Real Estate Investment Trust (CEREIT) has officially rebranded as the Stoneweg European Real Estate Investment Trust (SERT)....
SLP expands portfolio with Trelleborg logistics property acquisition
Swdish real estate company SLP has announced the acquisition of a logistics property, Trelleborg NIO-E 3, located in Trelleborg, Sweden, under a 10-year fully...
Lendlease to sell UK construction business to Atlas Holdings
Lendlease has agreed to sell its UK Construction business to US-based company Atlas Holdings.
Atlas Holdings will acquire the construction business, encompassing all existing operations,...
Casino sells €50m property portfolio to Icade
Casino Group has signed a binding agreement to sell a portfolio of properties across 11 locations to Icade Promotion for €50 million.
The portfolio...
Munich Re secures full ownership of 320 Park Avenue in New York City
German multinational insurance company Munich Re has completed the acquisition of full ownership of the 320 Park Avenue office tower, located in New York City's prestigious...
Merry Christmas and Happy New Year from CRE Herald
As 2024 comes to a close, we at CRE Herald would like to take a moment to thank our readers, partners, and contributors for...
Icona and Stoneweg take over Cromwell’s European platform
Icona Capital and Stoneweg have completed the landmark acquisition of Cromwell Property Group's European fund management platform and associated co-investments.
This includes a 27.8%...
