Ares Management and Griffin Real Estate acquire majority stake in Murapol
A joint venture between a fund managed by the Real Estate Group of Ares Management Corporation (NYSE: ARES) and Griffin Real Estate announced the...
CA Immo divests last plot in Munich’s Baumkirchen-Mitte
CA Immo has completed the sale of the final undeveloped property in the Baumkirchen-Mitte district in eastern Munich.
The 5,250 m² site was acquired by...
Hines buys two office buildings in Munich
Hines has acuired two office buildings located in Neuperlach, Munich on behalf of the flagship Hines European Value Fund 2 (HEVF 2).
Located next to...
GPE sells London office building for £190m
Great Portland Estates (GPE) has sold the freehold of 50 Finsbury Square, an office building in London EC2, for £190 million to a wholly...
Moorfield adds two warehouses to urban logistics portfolio
UK-focussed real estate fund manager Moorfield Group has added 123,000 sq ft of warehouse space to its urban logistics portfolio with the acquisition of...
Supermarket Income REIT buys Sainsbury’s store for £75.8m
Supermarket Income REIT has purchased Sainsbury's store in Cannock, Staffordshire from a client of CBRE Investment Management for £75.8 million, representing a net initial yield of 4.0%.
The Sainsbury's store opened in 1997...
Aviva Investors buys sustainable office building in Amsterdam
Aviva Investors has acquired the FOZ building, a highly sustainable office building located in the heart of Amsterdam's business district.
Providing approximately 12,700 sq m...
Brookfield, Digital Realty to establish India data center joint venture
Digital Realty and Brookfield Infrastructure have agreed to form a 50/50 joint venture to develop, own and operate data centers in India.
India is a high-growth market,...
AXA IM Alts signs pre-let with Commerzbank at The Mark in Munich
AXA IM Alts has signed a pre-let agreement with Commerzbank at The Mark, its flagship office development in Munich, Germany.
Commerzbank will be The Mark's...
JC Penney to close 154 stores
JC Penney announced that it plans to close 154 stores as a part of its store optimization strategy. Closing sales are expected to begin...
RPT Realty announces new net lease retail real estate platform
RPT Realty has formed a new core net lease retail real estate platform with co-investors GIC Private Limited, Zimmer Partners and Monarch Alternative Capital LP.
GIC,...
Patrizia makes first investment in Italian student housing market
Patrizia has entered the Italian student housing market with a €70m investment in the forward purchase of a new-build purpose-built student accommodation (PBSA) scheme...
