Granite buys logistics properties in Netherlands for €89m
Granite Announces Acquisition of Three Prime Logistics Properties in the Netherlands
Largest asset is 45,000 m² Decathlon national distribution centre in Tilburg
Granite Real Estate Investment...
KBS sells office buildings in San Jose, California for $95m
Private equity real estate company KBS has sold two additional buildings at District 237, a Class A office/R&D complex in San Jose, California.
The buildings...
Mapletree raises €507m for first European office fund
Singapore-based real estate investment company Mapletree Investments has raised €507 million (S$816 million) for its first European office fund, Mapletree Europe Income Trust (MERIT)....
Valor, QuadReal secure €210m revolving credit facility
Valor Real Estate Partners and QuadReal Property Group have secured a new dual tranche revolving credit line for their €1 billion last mile logistics...
Redevco debt platform debuts with £47m green loan for City office
Redevco has closed its first loan investment from its newly established Real Estate Debt platform.
The £47.5m (€56.8m) loan will fund the acquisition and...
City of Adelaide announces partner for $400m redevelopment project
Lord Mayor Sandy Verschoor announced ICD Property as the development partner for the iconic Central Market Arcade, a A$400 million redevelopment project led by...
Valor completes 27,500 sqm of Paris and Lyon urban logistics lettings
Valor Real Estate Partners has agreed c. 27,500 sqm of new urban logistics lettings across its French portfolio, following the sustainability-led refurbishment programmes.
The period...
Deka fund expands portfolio in the Netherlands with new acquisition
Deka Immobilien has acquired a mixed-use property in The Hague from a fund associated with MCAP Global Finance (UK) LLP, the European subsidiary of...
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...
Blackstone seals €2.3bn deal for Proudreed’s French industrial portfolio
Proudreed has officially announced that it has signed a prior agreement with Blackstone for the sale of its industrial real estate portfolio in France,...
URW joins APG in Edinburgh’s St James Quarter ownership
Unibail-Rodamco-Westfield (URW) has acquired a 25% stake in St James Quarter, a major mixed-use development in the heart of Edinburgh, from Nuveen Real Estate....
South Korean-Finnish consortium buys property in Helsinki for €480m
South Korean-Finnish consortium which includes Varma Mutual Pension Insurance Company, NH Investment & Securities (NHIS) and Shinhan Investment Corp. have acquired OP Cooperative’s HQ,...
