Union Investment, Service KVG Hansainvest JV buys office property in Munich

Union Investment, Service KVG Hansainvest JV buys office property in Munich

A joint venture between Union Investment and Service KVG Hansainvest has acquired KONRAD, an office campus property in the east of Munich from Ardian,...
Andreas Steimel joins BVK to drive real estate investment strategy

BVK taps industry veteran Andreas Steimel as interim real estate head

Germany’s largest public-sector pension group Bayerische Versorgungskammer (BVK) has appointed Andreas Steimel to lead its real estate investment division on a transitional basis, effective...
Capital & Regional to buy Edinburgh shopping centre for £40m

Capital & Regional to buy Edinburgh shopping centre for £40m

UK focused REIT Capital & Regional has agreed to acquire The Gyle Shopping Centre in Edinburgh for £40 million, excluding acquisition costs. The acquisition will...
Blackstone Real Estate Partners Europe VI announces €9.8bn final close

Blackstone Real Estate Partners Europe VI announces €9.8bn final close

Blackstone announced the final close on its sixth European opportunistic real estate fund, Blackstone Real Estate Partners Europe VI (BREP Europe VI). BREP Europe VI...
Broadgate secures landmark law firm letting as prime City office demand tightens

Broadgate secures landmark law firm letting as prime City office demand tightens

Broadgate, the City of London office-led campus owned by a joint venture between British Land and GIC, has secured a major pre-let with Herbert...
Orchard Street buys multi-let industrial estate in Kent

Orchard Street buys multi-let industrial estate in Kent

Commercial property investment manager Orchard Street Investment Management has made the first deal on behalf of its flagship impact fund, The Orchard Street Social...
Aviva Investors acquires three logistics warehouses for £107m

Aviva Investors acquires three logistics warehouses for £107m

Aviva Investors has acquired three logistics warehouses from Next through its Lime Property Fund for £107 million, in a sale and leaseback transaction. The three...
Urban Partners sells over €1bn of Nordic logistics assets in two deals

Urban Partners sells over €1bn of Nordic logistics assets in two deals

Urban Partners has divested more than €1 billion of logistics assets across two separate portfolio transactions on behalf of its funds NSF III, NSF...
Hines opens new European headquarters in Covent Garden, London

Hines opens new European headquarters in Covent Garden, London

Hines has opened its new European headquarters at its Grainhouse development in Covent Garden, London, occupying three floors of the five-level building. Grainhouse, a 91,000...
Legal & General sells London retail asset for £25m

Legal & General sells London retail asset for £25m

Legal & General, on behalf of its BMW (UK) Trustees fund, has sold 36-46 St John’s Road, Clapham Junction, a prime London retail asset,...
Castellana Properties to buy shopping centre in Madrid for €340m

Castellana Properties to buy shopping centre in Madrid for €340m

Castellana Properties has agreed to acquire the Islazul shopping centre in Madrid from Henderson Park and Eurofund Group for €340 million, in a deal...
NorthStar and Ares Management buy residential portfolio in the Netherlands

NorthStar and Ares Management buy residential portfolio in the Netherlands

NorthStar REIM and Ares Management Corporation have acquired a portfolio of six residential buildings in the Netherlands for €62 million. The properties are comprised of...

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