Sirius buys two business parks in Germany for €33m
Sirius Real Estate has acquired two business parks in Germany, Neuss II and Neuruppin Business Park for €33.4 million, reflects net initial yield of 6.8%. Originally...
LondonMetric sells six assets for £24.5m
LondonMetric Property has sold six assets in separate transactions for £24.5 million. Four non-core assets have been sold from the recently acquired CT Property Trust...
Primonial REIM buys nursing home in Italy
Primonial REIM Italy has acquired Complesso Zaffiro Ronchi, a nursing home for non-self-sufficient elderly people, located in Ronchi dei Legionari, in the Friuli-Venezia Giulia...
US Foods completes acquisition of Smart Foodservice Warehouse Stores
US Foods Holding Corp. (NYSE: USFD) announced that it has successfully completed the previously announced $970 million all cash acquisition of Smart Foodservice Warehouse...
URW completes sale of Shift office building in Paris
Unibail-Rodamco-Westfield (URW) has completed the disposal of the SHiFT office building to a consortium of French institutional buyers (Primonial REIM, La Française and EDF...
SBB sells assets in Norway, Finland and Sweden for SEK 2,500m
Nordic real estate company Samhällsbyggnadsbolaget i Norden AB (SBB) has agreed to sell seven properties in Norway, Finland and Sweden for SEK 2,500 million (appr....
La Française REM buys off-plan mixed-use property in Marseille
La Française Real Estate Managers (REM) has off-market acquired an off-plan mixed-use development from BNP Paribas Real Estate Property Development at 49-53 boulevard des...
Greystar acquires 650-bed student residence in Puteaux, France
Greystar has acquired a 650-bed student residence in Puteaux, located in the suburbs of Paris, expanding on its current footprint of 4,710 beds across...
Ocean West, Tiger sell US industrial portfolio for $900m
An investment group led by Ocean West Capital Partners and Tiger Alternative Investors has sold a 7-property industrial portfolio for over $900 million. The portfolio...
Majority of Belfast’s office stock at risk of obsolescence by 2030 – CBRE NI
CBRE NI has issued a stark warning, highlighting the potential risk that three-quarters of Belfast's office stock may become obsolete by 2030. This cautionary...