Longpoint raises $940m for third institutional fund
Boston-based real estate investment firm Longpoint has announced the final closing of its third institutional fund, Longpoint Fund III, L.P. (Fund III).
Fund III was oversubscribed,...
St. Modwen acquires 170,000 sq ft Hatfield distribution centre
St. Modwen has acquired a c.170,000 sq ft cross-docked distribution centre in Hatfield, Hertfordshire.
The distribution warehouse is located on the Hatfield Business Park, one...
St. Modwen Logistics buys two assets totalling 175,000 sq ft
St. Modwen Logistics has expanded its portfolio in the key UK markets with the acquisition of two assets in Birmingham and Manchester.
Network Park industrial...
KKR buys two industrial distribution properties in Texas for $171m
KKR announced that it has purchased two industrial distribution properties in Texas totaling approximately 1.8 million square feet from Hines which developed the assets for $171 million.
The...
Barings sells Grade A office building in Milan
Barings has sold Corso di Porta Vigentina 9, a Grade A office building in Milan to an Italian insurance company, part of a French...
Landsec gets planning permission for London office scheme
Landsec secured planning permission for Timber Square, its proposed 370,000 sq ft office development in Lavington Street, London.
Timber Square will be a net zero...
McKay buys office asset in Richmond for £14.75m
McKay Securities Plc has acquired Evergreen Studios, an office asset in central Richmond, for £14.75 million, representing a net initial yield of 5.8%.
The property...
Barings signs forward-funding deal for UK logistics asset
Barings has signed a forward-funding deal for the development of a Grade A logistics asset in Omega Business Park, in the northwest of England, UK.
The...
ARA acquires majority stake in LOGOS
ARA Asset Management Ltd (ARA) has acquired a majority stake in LOGOS via its logistics arm, ARA Logistics Partners Limited, joining existing shareholders, LOGOS’...
URW divests shopping centre in Valencia for €305m
Unibail-Rodamco-Westfield (URW) has announced an agreement to sell Bonaire, a prominent open-air shopping centre in Valencia, Spain, to Castellana Properties, the Spanish subsidiary of...
Union Investment divests Munich hotel for €75m
Union Investment has completed the sale of the Courtyard by Marriott Munich City Center hotel to Blue Coast Capital for approximately €74.9 million, a...
Nextensa sells Brussels office building to KGAL
Belgian real estate investor and developer Nextensa has sold Treesquare, a fully let sustainable office building located in the heart of the European district...
