URW sells Mission Valley shopping centres for $290m
Unibail-Rodamco-Westfield (URW) has completed the sale of both of the parcels which make up the Westfield Mission Valley shopping centres in San Diego, California.
The...
Deka buys 50% stake in German logistics portfolio for €560m
Deka Immobilien has acquired a 50 per cent stake in a logistics portfolio in Germany with a total value of around €1.12 billion from...
VGP and Deka form €1.1bn German logistics joint venture
VGP NV and Deka Immobilien have formed a 50:50 joint venture to acquire over time a defined portfolio of 5 Parks with 20 buildings...
British Land gets green light for multi-level London logistics hub
British Land has received planning permission for a 455,000 sq ft multi-level logistics hub at Heritage House, Enfield.
According to the company, the site,...
Nrep pays €290m for two office properties in Stockholm
Nrep has entered the Swedish office market with the acquisition of two modern office properties in Stockholm for €290m (SEK3,4bn) from city district real...
CBRE IM invests in Madrid affordable residential assets
CBRE Investment Management has purchased two newly built, affordable residential assets in Madrid, Spain.
The first is in El Cañaveral, acquired from leading integrated Spanish...
Optimum adds Berlin property to German real estate fund portfolio
Real estate investment manager Optimum Asset Management has completed an off-market acquisition of a 1,191 sqm rental property in Berlin, through its German Real...
MEAG snaps up Brussels office building
Munich Re Group’s asset manager MEAG has acquired all shares in AGRE Office Invest II, which holds the City Center building in Brussels for...
Ofi Invest acquires office building in Hamburg
Ofi Invest Real Estate has acquired, on behalf of one of its clients, an office building, Cube 10, located in Hamburg.
The asset was...
Carbon pricing rapidly gaining ‘much needed’ traction in real estate, say ULI and PwC
Global real estate leaders surveyed by the Urban Land Institute (ULI) and PwC believe that the potential of carbon pricing to drive decarbonisation in...
Azora raises €270m for European multi-strategy vehicle
Spanish real estate investment manager Azora has launched a new European multi-strategy vehicle having raised €270 million in equity commitments from a leading sovereign wealth...
Joint venture receives green light for Europe’s largest life sciences building
A joint centure between Canary Wharf Group (CWG) and Kadans Science Partner (Kadans) have secured planning approval from Tower Hamlets Council for the development...
