Allianz to acquire interest in €1bn Beijing Grade A office complex
Allianz Real Estate will acquire an 85% interest in Ronsin Technology Center, an international Grade A office complex worth €1 billlion in Beijing. Allianz Real...
Savills IM buys Danish supermarket portfolio for new food retail fund
Savills Investment Management (Savills IM) has launched a European food retail–focused fund, the Savills IM European Food Retail Fund. The German special fund has...
Office developments in Poland sold to Globalworth
European office investor Globalworth has signed a preliminary sale and purchase agreement with Cavatina Holdings SA to acquire two office developments in Poland, in...
7‑Eleven completes acquisition of convenience store chain Speedway
7‑Eleven has completed the acquisition of Speedway, a convenience store chain, from Marathon Petroleum Corp. for $21 billion. Speedway’s portfolio includes approximately 3,800 stores located...
Safehold closes $620M ground lease at 425 Park Avenue in New York City
Safehold Inc. has closed on the previously announced acquisition of the existing ground lease at 425 Park Avenue in New York, NY for approximately...
Slate acquires German grocery real estate portfolio for over €100m
Slate Asset Management has acquired a portfolio of grocery real estate assets in Germany for over €100 million in an off-market transaction from KRE//GROUP. Slate...
Columbia Property Trust secures long-term anchor lease renewal with Pershing at 95 Columbus
Columbia Property Trust, Inc. announced that it has renewed its lease with Pershing LLC, a wholly owned subsidiary of The Bank of New York...
URW to sell shopping centre in Germany for €116m
Unibail-Rodamco-Westfield has announced an agreement with an institutional investor for the sale of Gera Arcaden, a shopping centre located in Gera, Germany, for an...
German investment firm buys office property in Brisbane, Australia
German investment firm Deka Immobilien has acquired an office property in Brisbane, the capital of the state of Queensland in northeast Australia, for €230...
URW to reduce energy intensity by 15% in Europe as crisis looms
Unibail-Rodamco-Westfield (URW) said on Wednesday that it would further increase its energy-saving approach across all of its shopping centres to support wider government and...