Hong Kong’s FEC acquires Ensign House in Canary Wharf, London
Hong Kong Stock Exchange-listed company Far East Consortium International Limited (FEC) has acquired Ensign House, an office property in Canary Wharf, London for £28,250,000.
The property is located...
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...
Frasers Property Retail buys AsiaMalls Management in Singapore
Frasers Property Retail, a retail-focused platform under Frasers Property Singapore, has agreed to acquire property manager AsiaMalls Management Pte. Ltd. (AsiaMalls Management), which currently...
Thai Central Group, Austria’s SIGNA buy Swiss luxury department store chain for $1bn
A joint venture(50:50) between Austria's SIGNA and Thailand’s largest retailer Central Group has acquired the Swiss luxury department store chain GLOBUS, along with eight...
TIAA sells half of its 50% stake in pan-European office venture
Nuveen Real Estate has recapitalised the TIAA General Account’s (TIAA) interest in its Cityhold Office Partnership (CHOP). TIAA has sold-down half of its initial...
Simon Property Group to acquire Taubman Centers in $3.6bn deal
Simon Property Group will acquire an 80% ownership interest in The Taubman Realty Group Limited Partnership (TRG) in a deal valued at about $3.6...
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,...
Cole Office & Industrial REIT buys office building in Maryland for $39m
Cole Office & Industrial REIT (CCIT II), Inc. (CCIT II), a publicly registered non-listed real estate investment trust (REIT) sponsored by affiliates of CIM...
Transamerica Pyramid in San Francisco sold for $700m
Transamerica Pyramid, the iconic skyscraper in San Francisco, has reportedly sold to a group led by New York developer Michael Shvo for $700 million...
Allianz provides €310m financing for two acquisitions in Spain
Allianz Real Estate has provided financing worth over €310 million on two separate acquisitions in Spain. Over €180 million was provided for ECE European...
Greystar buys two properties in South Yarra, Melbourne
Greystar Real Estate Partners has acquired two existing office buildings for re-development in the Inner Melbourne market of South Yarra, Australia, on behalf of...
Amazon announces first Iowa fulfillment center
New 645,000square-foot site in the city of Bondurant to create 1,000 new, full-time jobs
Amazon.com, Inc. announced plans to open its first fulfillment center in...
