The Lithuanian group Apex Alliance announces the successful acquisition of the iconic Grand Hotel Gardone, inaugurated in 1884 on the shore of the Italian Garda Lake. The deal was concluded with the participation of Romanian investor and partner Pavăl Holding.
DIC Asset AG has let the last office units of around 4,700 sqm overall that were still available at the Global Tower, one of Frankfurt’s landmark properties, as it signed another three long-term leases with blue-chip tenants. With these signings, DIC achieved full occupancy of the high-rise after its sustainable refurbishment...
John Mattson has signed an agreement today for the sale of the Tryckregulatorn 1 property in Lidingö, Stockholm. The price is based on an underlying property value of SEK 525 million before deduction for latent tax. The purchaser is Resinova Bostads AB.
Globalworth announces the expansion and prolongation of Honeywell's lease in the BOC building, Bucharest. This extension, which covers a more than 24,000 m² of gross leasable area (GLA), reaffirms the longstanding partnership between Globalworth and Honeywell, a global leader in innovative technologies to make industries safe...
The Hamburg real estate company Five Quarters Real Estate AG (5QRE) continues its investment strategy. The purchase agreement for the construction of a nursing home in Schkeuditz, Saxony, was signed for the "5QRE Healthcare Infrastructure Deutschland 01“ fund.
Eurazeo’s Real Estate team has now fully let the Highlight campus, located on the banks of the Seine in Courbevoie. Comexposium, the event organiser, has signed a 10-year lease for 5,000 sqm of space on the upper floors of the Côté Seine building.
La Française Real Estate Managers (REM) has acquired off-market a logistics warehouse located at 360 rue de la Batie in Pont-d'Ain (France) from a fund managed by Harbert Management Corporation. This asset is strategically located, 50 km north-east of Lyon and 100 km from Geneva. The acquisition was made on behalf of ERAFP, a...
Clearbell Property Partners IV LP, a fund managed by Clearbell Capital LLP (Clearbell), has today announced the acquisition of six regional industrial assets from UK property investment firm Palace Capital plc for £34 million (£109psf), reflecting a net initial yield of 6.2%.
Union Investment is expanding its strategic exposure to the resort hotel sector by acquiring the main Grand Palais building of the Steigenberger Grandhotel & Spa tourist hotel complex in Seebad Heringsdorf on the island of Usedom in the Baltic Sea.
Coci E-Motion, a Polish manufacturer of electric bicycles, has leased more than 4,200 sqm of space within City Logistcs Warsaw IV on Annopol. Panattonis largest project within the capital's boundaries.
KKR has agreed to acquire a high-quality portfolio of thirty residential properties in Finland from Kruunuasunnot. The portfolio comprises over 1,200 residential units with two thirds of the portfolio located in the country’s three largest cities of Helsinki, Turku and Tampere.
Garbe Industrial Real Estate GmbH has acquired a conversion site of around 48,000 square metres in Gera, a town located in the east of Thuringia. The plan is to build a logistics and commercial property with a total area of 28,000 square metres there. Construction is scheduled to begin in April 2024.
M7 Real Estate has signed a new letting with a logistics operator for c. 3,700 sq m of urban logistics space in Combs-la-Ville near Paris, an established distribution location with supply constrained dynamics.