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Signa sells project development in Munich to International Campus

The Fizz now also has a presence in Bavaria’s capital: International Campus GmbH (IC), which specialises in temporary living concepts for students and professionals, has acquired a recently completed project development for student apartments in Munich from Signa Real Estate, comprising a new turnkey nine-storey building and...
Monday, 12. April 2021
Union Investment acquires Terrano office building in Munich from Invesco © Room Communication GmbH
Union Investment acquires Terrano office building in Munich from Invesco © Room Communication GmbH

Union Investment acquires Terrano office building in Munich from Invesco

Union Investment has acquired the Terrano office building on Arnulfstraße, Munich, from Institutional Investment-Partners GmbH. The acquisition will be added to the holdings of institutional open-ended real estate fund UniInstitutional German Real Estate. The seller is an individual mandate managed by Invesco Real Estate. The...
Monday, 12. April 2021
M7 Real Estate sells fund property in Ottobrunn © Realogis Immobilien

M7 Real Estate sells fund property in Ottobrunn

M7 Real Estate, acting on behalf of the M7 European Real Estate Investment Partners IV fund (“M7 EREIP IV”), sold a light industrial property in Ottobrunn, Bavaria. The purchase is via a joint venture between the real estate multi-family office Pamera Real Estate Partners and the Accumulata Real ...
Monday, 12. April 2021

Deutsche Investment buys office asset in Cologne

Deutsche Investment just acquired another office property for its real estate special AIF, “Deutsche Investment – Büro I.” Originally built in 1955, with an annex added in 1972, the office building is located on Stolberger Strasse in Cologne-Braunsfeld. Its most recent full revitalisation was onl...
Monday, 12. April 2021

Sirius continues to drive strong rental growth

The company provides an update on trading for the year to 31 March 2021 revealing a 7.6% growth in total annualised rent roll to €97.2 million (2020: €90.3 million). It is the seventh consecutive year of like for like rent roll growth of above 5% with a 5.2% increase to €94.3 million (2020: €89.6...
Monday, 12. April 2021

Hibernia commits to becoming a net zero carbon business by 2030

Hibernia REIT plc publishes “Transforming Dublin Responsibly”, which is the company’s Sustainability Statement of Intent. This replaces the existing Sustainability Strategy, setting long-term targets for the business and simplifying Hibernia’s objectives.
Monday, 12. April 2021

Immofinanz sells four office properties in Warsaw for €72.5 million

The company sells four office properties in the Polish capital with a total rental space of approximately 45,300 m² to the Hungarian Indotek Group. This transaction is in line with the strategy to focus the Warsaw standing investment office portfolio to the Myhive office brand and follows the €38...
Monday, 12. April 2021

Bonava sells 83 rental apartments in Umeå

Bonava has signed an agreement with the property company K2A Knaust & Andersson Fastigheter AB (publ) regarding the sale of a rental housing project in Umeå. The project comprises 83 Nordic Swan ecolabelled rental apartments across a total lettable area of approximately 3,850 square metres. The t...
Monday, 12. April 2021

John Mattson acquires property in Nacka

John Mattson has signed an agreement to acquire the Sicklaön 37:46 property in Nacka. The acquisition is John Mattson’s first in Nacka Municipality. The property is located on the quayside in Finnboda, Nacka. The property currently has a building from the 1920s with a lettable area of 1,400 m² th...
Monday, 12. April 2021
Redos acquires Äppelallee-Center retail warehouse in Wiesbaden © CBRE/Holger Peters Fotografie

Redos acquires Äppelallee-Center retail warehouse in Wiesbaden

The Hamburg-based large-scale retail property specialist acquires the hybrid retail warehouse on behalf of the special AIF „Redos Einzelhandel Deutschland III“. The centre is well-known beyond the city limits of the Hessian state capital.
Monday, 12. April 2021

Radisson Hotel Group serviced with new apartments and hotel in Amsterdam

The Radisson Hotel Group announces the opening of its first serviced apartment property and eighth operating hotel in the Dutch capital of Amsterdam. The 227 all-suite aparthotel Radisson Hotel & Suites Amsterdam South offers the perfect base for families and long-stay visitors. Nestled amidst a ...
Monday, 12. April 2021

La Française REM commits to sustainable investing

La Française REM has set a goal of reducing CO₂ emissions in accordance with the Paris Agreement to actively participate in the fight against global warming. The opinion of the leader in the open-ended real estate funds market in France is that real estate, as a real asset, has a vital role to pl...
Monday, 12. April 2021
Catella acquires first energy-positive Elithis Tower

Catella acquires first energy-positive Elithis Tower

The exclusive partnership concluded with Elithis in 2019 is bearing its first fruit: Catella European Residential Fund III (CER III) has purchased the first energy-positive residential tower in Saint-Etienne. The purchase price is approximately €15 million.
Friday, 9. April 2021

WDP Romania gets EDGE certification for 48 sites

WDP Romania has now achieved EDGE green building certification at 48 logistics sites across the country with warehouses ranging in size from 2,500 m² to more than 60,000 m². The plan is to pro...
Monday, 12. April 2021

Running Deals:

M7 Real Estate sells fund property in Ottobrunn © Realogis Immobilien
M7 Real Estate sells fund property in Ottobrunn © Realogis Immobilien

M7 Real Estate sells fund property in Ottobrunn

M7 Real Estate, acting on behalf of the M7 European Real Estate Investment Partners IV fund (“M7 EREIP IV”), sold a light industrial property in Ottobrunn, Bavaria. The purchase is via a joint...
Monday, 12. April 2021
Deutsche Investment buys office asset in Cologne © Deutsche Investment
Deutsche Investment buys office asset in Cologne © Deutsche Investment

Deutsche Investment buys office asset in Cologne

Deutsche Investment just acquired another office property for its real estate special AIF, “Deutsche Investment – Büro I.” Originally built in 1955, with an annex added in 1972, the office bui...
Monday, 12. April 2021