McDonald’s to exit Russian market, sell restaurant portfolio

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...
Breakthrough acquires life sciences development site in Philadelphia

Breakthrough acquires life sciences development site in Philadelphia

Breakthrough Properties has acquired a site at 2300 Market in Philadelphia's Center City district to develop more than 200,000 square feet of best-in-class life science space. According to...
Sirius sells business park in London for £16m 

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

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

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 Real Estate has acquired Pershing Hall, a historic, mixed-use asset in the heart of Paris’ Golden Triangle.

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 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, 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 its residual residential portfolio for €49.4m

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...

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REIT

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...

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...

FINANCE

Kayne Anderson Real Estate closes debt fund at $1.875bn

Kayne Anderson Real Estate has closed its fourth flagship debt fund, Kayne Anderson Real Estate Debt IV (KARED IV), with $1.875 billion in capital commitments, exceeding...

Cain provides £261.5m development loan for Shinfield Studios near Reading

Cain International has provided a £261.5m loan for Shinfield Studios, a new film and television production hub currently in development near Reading. The loan will support the...
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CAREERS

Heimstaden appoints Amit Kumar as Head of UK Operations

Heimstaden appoints Amit Kumar as Head of UK Operations

Heimstaden has appointed Amit Kumar as Head of UK Operations. Amit has spent the past 14...
Blackstone appoints Janice Lin as head of real estate business in Canada

Blackstone appoints Janice Lin as head of real estate business in Canada

Blackstone is expanding its presence in Canada by establishing a Blackstone Real Estate office in...
Europa Capital grows asset management team with new appointment

Europa Capital grows asset management team with new appointment

Europa Capital has appointed Radina Koleva as Senior Associate, Portfolio & Asset Management. With nearly ten...
Blackstone appoints Yung-Ku Ha as new South Korea chairman

Blackstone appoints Yung-Ku Ha as new South Korea chairman

Blackstone has announced new appointments to expand its presence in South Korea. Yung-Ku Ha, the firm's...
Colliers appoints Chris McLernon as global CEO of real estate services

Colliers appoints Chris McLernon as global CEO of real estate services

Colliers has appointed Chris McLernon as Global Chief Executive Officer of Real Estate Services. McLernon...

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