Luxury mixed-use asset in LA’s Koreatown sold for $170m
-Institutional Property Advisors Closes Luxury Mixed-Use Asset Sale in LA’s Koreatown -The sales price is $170,875,000. Institutional Property Advisors (IPA), a division of Marcus & Millichap,...
Abu Dhabi’s Aldar acquires London Square for £230m
Abu Dhabi-based real estate group Aldar Properties has acquired London-based developer London Square for £230 million (AED 1.07 billion). The transaction marks Aldar's first acquisition outside...
FEC acquires mixed-use scheme in London for £95.7m
Hong Kong-based property development company Far East Consortium International (FEC) has entered into a sale and purchase agreement (SPA) with Big Brilliance, a wholly-owned...
Commerz Real acquires 25% stake in Hamburg mixed-use development
Commerz Real has acquired a 25% stake in the Elbtower high-rise development from Signa Real Estate in Hamburg's HafenCity on behalf of open-ended real estate...
Melford Capital Partners pays £40m for Covent Garden property
Melford Capital Partners has purchased 5-9 Great Newport Street, Covent Garden, in London’s West End for £40 million. On behalf of Consolidated Development Limited,...
ABG and HanseMerkur secure €200m financing for Frankfurt project
Joint venture partners ABG Real Estate Group and HanseMerkur Grundvermögen have secured a construction financing of €200 million for their collaborative project development Central...
Harworth secures resolution to grant planning permission for Ironbridge development
Harworth Group has secured a resolution to grant planning permission from Shropshire Council’s Southern Planning Committee for the regeneration of the former Ironbridge Power Station in Shropshire...
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...
Generali Real Estate acquires Frankfurt CBD building from OFB
Generali Real Estate has agreed to acquire 10tral, an office and commercial building in Frankfurt's city centre, from OFB Projektentwicklung (OFB) as part of...
CPP Investments, Federated Hermes expand JV for new Birmingham project
The international business of Federated Hermes on behalf of BT Pension Scheme (BTPS) and Canada Pension Plan Investment Board (CPP Investments) have expanded their...
