McDonald’s to exit Russian market, sell restaurants
McDonald’s Corporation said Monday that it will exit the Russian market and has initiated a process to sell its Russian business, after more than...
Sirius sells business park in London for £16m
Sirius Real Estate has agreed the sale of an asset in Camberwell, London, for £16 million, representing a net initial yield of of c. 2.0%.
The asset formed...
GPE buys City of London building for £30m
Great Portland Estates(GPE) has announced the off-market acquisition of the long leasehold interest at 6/10 St Andrew Street for £30 million (£650 per sq ft)....
Ivanhoé Cambridge acquires warehouse in Hamburg
Canada-based real estate investor Ivanhoé Cambridge has expanded its Hub & Flow logistics portfolio with the acquisition of a warehouse in Hamburg, Germany, from...
Allianz acquires iconic mixed-use asset in Paris’ Golden Triangle
Allianz Real Estate has acquired Pershing Hall, a historic, mixed-use asset in the heart of Paris’ Golden Triangle.
Previously a luxury five-star hotel, the iconic...
LondonMetric sells four assets for £34.2m
LondonMetric has sold four assets, in separate transactions, for £34.2 million, reflecting a blended NIY of 4.1%.
The combined sale price is 35% above its 30...
Oxford, Novaxia to invest €1bn in French life sciences development
Oxford Properties Group and French developer Novaxia have formed a strategic partnership to invest in life sciences development in France.
Novaxia will act as development...
Icade to dispose of residual residential portfolio for €49.4m
Icade is selling its residual portfolio of individual condominium housing units located in 28 towns in the Paris region for €49.4m excluding duties.
The REIT...
Capital Bay, GII to invest €500m in European senior living properties
The Capital Bay Group (CB) and Gulf Islamic Investments (GII ) have launched a senior living fund called CB GII Senior Living Fund I.
The...
Tristan fund divests office asset in Milan
Tristan Capital Partners’ Curzon Capital Partners IV Fund has sold a 7,000 sqm office asset located in Milan, Italy to a fund managed by...
Federated Hermes, CPP Investments form JV for Silverstone Park
Federated Hermes, on behalf of the BT Pension Scheme (BTPS), and Canada Pension Plan Investment Board (CPP Investments) have formed a new joint venture...
UKCM invests in £62.7m in Leeds hotel development
UK Commercial Property REIT (UKCM) has acquired a hotel development opportunity in Leeds for £62.7 million.
The REIT purchased the property from Marrico (Sovereign Square)...
