Allianz Real Estate, EDGE, BVK launch €1.3bn office development program
Allianz Real Estate will build and develop a series of prime office assets in Germany’s top four cities in a €1.3 billion program in...
Joint venture to invest £700m in Oxford North project
Thomas White Oxford, the development company of St John’s College, has formed a joint venture partnership with Canadian-based Cadillac Fairview, the real estate arm of Ontario Teachers’...
Hyatt, Hilton suspend development activities in Russia
Hyatt Hotels Corporation and Hilton Worldwide Holdings said they would suspend the development activities in Russia in response to the invasion of Ukraine.
Hyatt has...
CBRE IM fund buys 672,000 sq ft distribution center in Aberdeen, Maryland
CBRE Investment Management-sponsored fund has acquired a 672,000-square-foot bulk distribution center in Aberdeen, Maryland, 26 miles northeast of Baltimore.
Located at 511 Chelsea Road,...
CNP Assurances buys €2.4bn affordable housing portfolio in France
French personal insurance provider CNP Assurances has acquired a portfolio of over 7,600 affordable housing units from CDC Habitat worth €2.4 billion.
CNP Assurances acquired...
Ascott Residence Trust grows longer-stay portfolio with JPY10.4bn deal
Ascott Residence Trust (ART) is expanding its longer-stay lodging portfolio with new investment in Japan.
ART will acquire four rental housing properties and its first...
DFI, CELLS Group acquire Berlin hotel for €116m
Deutsche Finance International (DFI) and CELLS Group have acquired the 32,000 sq m Sheraton Berlin Grand Hotel Esplanade from Archer Hotel Capital and Event...
Investment in European serviced apartment market reaches €497m in 2021
According to Savills, based on what is under construction and with final planning, the supply of serviced apartment stock across Europe is set to accelerate, with...
Welput secures £400m financing for Victoria office scheme
Welput, the specialist central London office fund managed by BentallGreenOak(BGO), has secured a £400m development finance facility to fund the construction of the UK's...
Allianz expands logistics portfolio in Italy with €91m deal
Allianz Real Estate has agreed to buy eight prime logistics facilities in Italy in an off-market forward transaction from a private seller for €91...
CLS pays €66.25m for office building in Dortmund
London-based property investment company CLS has agreed to acquire a 23,982 sqm (258,140 sq. ft) office building in Dortmund for €66.25 million (€2,763 per...
Immobel acquires 50% stake in Leeds office campus
Immobel Capital Partners, the investment management business of Belgian developer Immobel Group, has agreed to acquire 50% of the White Rose Park, an office...
