CLS strikes deal to sell Westminster Tower for £41m
London-based property investment company CLS has agreed to sell Westminster Tower, Albert Embankment for £40.8 million, in-line with its 31 December 2023 valuation. Completion is...
Redevco launches Redevco Capital Partners with former Redos founder
Redevco and Oliver Herrmann, founder of German large-scale retail specialist Redos, have launched Redevco Capital Partners, targeting special situations real estate opportunities across Europe. With...
Mapletree makes £1bn student housing bet across UK and Germany
Singapore-based real estate investment company Mapletree Investments has acquired 8,192 student housing beds across 19 cities in the UK and Germany and an operating...
Blackbrook to expand German logistics portfolio with TCC partnership
European real estate investor Blackbrook is expanding its portfolio in Germany through the speculative development of two new logistics facilities in Kerpen, with joint...
ULI, LaSalle unveil climate risk framework for real estate industry
A new global report from the Urban Land Institute (ULI) and LaSalle Investment Management (LaSalle) offers a new framework to help the real estate...
Japanese firm buys London office building from Turkish investor
IINO Kaiun Kaisha (IINO Lines), a global shipping company headquartered in Tokyo, has off-market acquired 111 Strand, an office building in London, UK, from Turkey-based...
ABG and HanseMerkur secure €200m financing for Frankfurt project
Joint venture partners ABG Real Estate Group and HanseMerkur Grundvermögen have secured a construction financing of €200 million for their collaborative project development Central...
Arrow Capital Partners snaps up logistics asset in Dublin
Arrow Capital Partners has purchased an 88,000 sq ft logistics asset in Dublin for €7.5 million from Slate Office REIT. The acquisition was made...
Shurgard to acquire Lok’nStore for £378m
European self-storage giant Shurgard has agreed to acquire its UK competitor Lok'nStore in a recommended cash deal valued at approximately £378 million. The offer...
Barings sells Gothenburg logistics asset for €54m
Barings has sold a logistics asset in Gothenburg, Sweden for SEK 600 million (€53.9m) on behalf of a pan-European core strategy. The property at Arendal...