Aermont Capital sells Marienturm office tower in Frankfurt to DWS
Aermont Capital Friday announced that an affiliated fund has sold the Marienturm office tower in Frankfurt, Germany, to an entity managed by DWS.
Marienturm, located...
LondonMetric divests seven assets for £34m
LondonMetric Property has sold seven long income assets for £33.9 million (LondonMetric share: £29.6 million), reflecting a blended NIY of 4.5% and crystallising a...
PGIM Real Estate appoints new co-CEOs
PGIM Real Estate has appointed Cathy Marcus and Raimondo Amabile as co-chief executive officers, effective Oct. 1, 2023.
Marcus and Amabile will jointly run...
Griffin Real Estate, Madison International Realty enter German logistics market
Griffin Real Estate and Madison International Realty have announced a new joint venture for their two first investments together in the German logistics market....
Aggregate completes sale of VIC Properties for €670m
Aggregate Holdings has completed the sale of its subsidiary VIC Properties, one of the largest real estate developers in Portugal.
The sale forms part...
Real IS sells Hamburg office property to Hines
Real I.S. AG has sold the office building Georgstor in Hamburg to the global investor and developer Hines.
The parties have agreed not to...
IHG adds Ruby hotels to portfolio in €110.5m deal
InterContinental Hotels Group PLC (IHG) has acquired the Ruby brand and related intellectual property from Ruby SARL for an initial purchase consideration of €110.5...
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...
Henderson Park and Hines sell landmark Athens hotel to Blackstone for €235m
Henderson Park and Hines have sold the landmark Grand Hyatt Athens hotel to funds managed by Blackstone Real Estate for €235 million.
Strategically located on...
Clarion Partners Europe pays €50m for Dutch warehouse
Clarion Partners Europe has completed the acquisition of a 39,363 sqm, institutional quality logistics warehouse in Helmond, the Netherlands, for €49.7 million, from Dutch...
Legal & General chief executive Nigel Wilson to retire
Legal & General said on Monday that Sir Nigel Wilson plans to retire from executive life after more than a decade as chief executive.
Wilson...
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...
