Delin Property’s Dutch fund adds two warehouses to portfolio
Delin Property has acquired two occupied properties in Rotterdam and Roosendaal on behalf of its Dutch fund.
The terms of the purchases by Delin Property...
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...
Breakthrough acquires life sciences development site in Philadelphia
Breakthrough Properties has acquired a site at 2300 Market in Philadelphia's Center City district to develop more than 200,000 square feet of best-in-class life science space.
According to...
Sirius sells business park in London for £16m
Sirius Real Estate has agreed the sale of an asset in Camberwell, London, for £16 million, representing a net initial yield of of c. 2.0%.
The asset formed...
GPE buys City of London building for £30m
Great Portland Estates(GPE) has announced the off-market acquisition of the long leasehold interest at 6/10 St Andrew Street for £30 million (£650 per sq ft)....
Ivanhoé Cambridge acquires warehouse in Hamburg
Canada-based real estate investor Ivanhoé Cambridge has expanded its Hub & Flow logistics portfolio with the acquisition of a warehouse in Hamburg, Germany, from...
Allianz acquires iconic mixed-use asset in Paris’ Golden Triangle
Allianz Real Estate has acquired Pershing Hall, a historic, mixed-use asset in the heart of Paris’ Golden Triangle.
Previously a luxury five-star hotel, the iconic...
LondonMetric sells four assets for £34.2m
LondonMetric has sold four assets, in separate transactions, for £34.2 million, reflecting a blended NIY of 4.1%.
The combined sale price is 35% above its 30...
Oxford, Novaxia to invest €1bn in French life sciences development
Oxford Properties Group and French developer Novaxia have formed a strategic partnership to invest in life sciences development in France.
Novaxia will act as development...
Icade to dispose of residual residential portfolio for €49.4m
Icade is selling its residual portfolio of individual condominium housing units located in 28 towns in the Paris region for €49.4m excluding duties.
The REIT...
AirTrunk to build second hyperscale data centre in Tokyo
Macquarie-backed hyperscale data centre specialist AirTrunk will build a new 110+ megawatt (MW) hyperscale data centre in West Tokyo, named AirTrunk TOK2.
The new data centre...
Link REIT to buy Yangtze River Delta logistics assets for $139m
Link Real Estate Investment Trust (Link REIT) has agreed to acquire a prime logistics portfolio in the Yangtze River Delta (YRD) for RMB 947...
