Investment in European serviced apartment market reaches €497m in 2021
According to Savills, based on what is under construction and with final planning, the supply of serviced apartment stock across Europe is set to accelerate, with...
Welput secures £400m financing for Victoria office scheme
Welput, the specialist central London office fund managed by BentallGreenOak(BGO), has secured a £400m development finance facility to fund the construction of the UK's...
Allianz expands logistics portfolio in Italy with €91m deal
Allianz Real Estate has agreed to buy eight prime logistics facilities in Italy in an off-market forward transaction from a private seller for €91...
CLS pays €66.25m for office building in Dortmund
London-based property investment company CLS has agreed to acquire a 23,982 sqm (258,140 sq. ft) office building in Dortmund for €66.25 million (€2,763 per...
Immobel acquires 50% stake in Leeds office campus
Immobel Capital Partners, the investment management business of Belgian developer Immobel Group, has agreed to acquire 50% of the White Rose Park, an office...
Unite Students to sell 11 properties for £306m
UK-based student accommodation developer and manager Unite Students is selling a portfolio of 11 properties, comprising 4,488 beds for £306 million (Unite share: £236 million) to an affiliate...
British Land, AustralianSuper form JV for Canada Water development
British Land has sold 50% of its share in the Canada Water masterplan to Australia’s pension fund AustralianSuper for £290 million.
Following completion of the...
Patrizia divests prime office asset in Cologne
Patrizia has sold Kranhaus 1, a prime office asset in Cologne, to Deka Immobilien Investment GmbH, on behalf of its institutional clients. The parties...
CBRE to exit most business in Russia
Global commercial real estate services and investment firm CBRE will discontinue most of its business in Russia.
The company has begun the process of exiting...
Colliers exits Russia and Belarus
Global real estate services and investment management firm Colliers has decided to discontinue its business in Russia and Belarus, effective immediately, after more than 28...
Westbrook Partners invests £209m in two UK logistics portfolios
Westbrook Partners has agreed to forward purchase two urban logistics portfolios in the UK from Chancerygate and Bridges Fund Management for €209 million (£172.5m).
The first portfolio, which was...
Google to invest $700m in Warsaw office complex
Google Monday announced that it will invest nearly $700 million in purchasing and further developing The Warsaw HUB office complex in central Warsaw, Poland....
