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Further to an agreement entered into on July 21, 2022, Unibail-Rodamco-Westfield (“URW”) announces the completion of the disposal of Villeneuve 2 shopping centre, located in the Lille region, to Ceetrus.
As part of a strategic partnership with Picnic GmbH, Garbe Industrial Real Estate GmbH is developing two new logistics properties for the online supermarket in Kaltenkirchen, north of Hamburg, and in Falkensee near Berlin.
Lakeward sells its shares in the office building “P89 Berlin” to the long-time co-investor and project partner Udo Schloemer. The property, which was acquired in 2016, has been extensively renovated in recent years, developed into a modern, multifunctional office building and serves as work and creative space for smava GmbH. ...
Newcore Capital Management, the UK social infrastructure real estate investment manager, has acquired a further £20 million of educational assets for Newcore Strategic Situations V LP, its new £300 million value-add, social infrastructure fund.
Quilvest Capital Partners, working with operating partner Arax Properties Limited, announces that its dedicated real estate investment arm, QCP Real Estate, has acquired Falcon Works, a multi-let industrial estate in Loughborough.
Savills Investment Management (Savills IM) has acquired three logistics properties for a total €72 million on behalf of its European Logistics Fund 3 (ELF 3). The ELF 3 portfolio now comprises 15 properties in five countries.
After having acquired Log Plaza Kerpen 5 in 2020, LIP Invest acquires another logistics centre in Kerpen, Heisenbergstraße 19a, for the Logistics Fund IV. The seller is the property company Kerpen LPK 7 GmbH, a wholly owned subsidiary of Osmab Holding AG.
Daniel Schuldig, co-founder of the Berlin-based real estate development company Cresco Real Estate, has launched the investment and asset manager Cresco Real Estate Investments (CREI). The young company has already closed two transactions worth a total of €60 million as seed investments this year.
NAS Invest has acquired the Horizon Tower in the Frankfurt suburb of Eschborn in an off-market transaction for an undisclosed sum. The seller of the multi-tenant office complex is an investment fund managed by J.P. Morgan Asset Management.
Valor Real Estate Partners has completed, in three separate transactions, the acquisition of four urban logistics assets in Paris and Lyon, for a total consideration of €30 million. All of the assets are in prime last-mile submarkets and are currently fully-let with reversionary potential.
Trei Real Estate has sold a portfolio of seven convenience centres, which the company manages on behalf of the Molento family office, to an institutional property fund from MEAG.
GIEAG has acquired a plot of land with an area of approx. 25,000 square metres in Kümmersbruck in the metropolitan region of Nuremberg. The plot is located in the Grubenäcker development area of the Theuern industrial estate, a district of the municipality of Kümmersbruck. The developer is planning the construction of a moder...
Quest Investment Partners has sold the commercial and residential building at Friedrich-Ebert-Anlage 54 in Frankfurt, originally acquired in November 2021, in an off-market transaction. The buyer is an international bank that intends to use the asset as its headquarters.
To accommodate its rapid growth, Domax, one of the largest manufacturers of timber screws and connectors in Europe, has decided to expand its warehouse capabilities. It leased 5,800 sqm of warehouse space in Mapletree Park Gdańsk Airport. The tenant was represented throughout the search and negotiation process by Newmark Pols...
Macquarie Asset Management, on behalf of one of its managed accounts, will expand its presence in French real estate by acquiring 14 Avenue d’Eylau from a fund managed by Aberdeen.
International molecular diagnostics group, Yourgene Health has significantly expanded its presence in Manchester after opening a new 43,000 sq ft global headquarters at Manchester Science Park - part of Bruntwood SciTech’s network of specialist science and technology campuses - in the heart of Manchester’s innovation district...