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At the end of March, Belgrade's Hotel Jugoslavija was sold to MV Investment for 3.2 billion dinars (approximately €27 million). The Millennium Team subsidiary won the public auction for the purchase of the bankrupt Danube Riverside legal entity.
French investment manager Extendam has acquired the four-star Hilton Garden Inn Sevilla Hotel from Aliseda Inmobiliaria, a subsidiary of Blackstone for around €15 million. The Continuum Hospitality Group, which already operates six other Spanish hotels for Extendam, is also on board.
Fabege has signed an agreement with household appliance manufacturer BSH Home Appliances AB for a new office and showroom for its Bosch, Siemens, NEFF and Gaggenau brands at Solna Business Park. The agreement covers a total of just over 4,300 square metres at the corner of Svetsarvägen. The agreement runs for 10 years.
Following its successful and award-winning first projects in London, J&T Real Estate (JTRE) is strengthening its strategic position as an international developer. The first project of JTRE's newly established German branch will be Nordhafen Living & Office in an attractive central location in Berlin.
Deka Immobilien has sold the office building Opéra Gramont, located at 14 rue du Quatre Septembre in Paris for approximately €107 million. The property was part of the WestInvest ImmoValue portfolio, an investment fund designed for institutional investors, and was acquired by Osae Partners on behalf of one of its discretionar...
Northern Ireland's only premier designer outlet, The Boulevard is now officially home to the UK's first Clintons outlet store, under the new management and ownership of Cardzone, as it opened its doors to customers on Saturday 20 April 2024.
Kesko has acquired two properties from eQ Commercial Properties Fund: the Sinikallio shopping centre in Mankkaa, Espoo, and the property where its K-Citymarket Salo hypermarket operates. Kesko has long been the primary tenant and main user of both properties.
Dominus and Cheyne Capital Management have acquired 65 Fleet Street in a joint venture. This acquisition follows on from Dominus and Cheyne Capital having completed two development financing transactions in 2023. The partners have ambitious plans for the site to introduce a mix of uses that will add to the life and dynamism o...
K-Fast Holding AB has signed an agreement with an institutional investor for the sale of a property portfolio of 311 apartments in the Copenhagen area.
Castellum is selling ten properties for SEK 934m less deferred tax and overheads totalling approximately SEK 25m. The sale price confirms the carrying amount. The deal is expected to close on 31 May.
The electronics company EMRI and the engineering and technology company Grønbech will be moving to Wihlborgs’ newly renovated, multifunctional and energy-efficient Meterbuen 27 office building in Skovlunde northwest of Copenhagen. EMRI has signed a lease for 3,300 square metres, Grønbech leases 3,000 square meters for its fou...
RQI Immobilien AG has acquired its first property complex for its „redevelop-to-core“ strategy with a total investment cost of €6 million. These are two residential buildings in the Westend district of Wiesbaden. The vendor is the subsidiary of a German insurance company. The adjoining four-storey properties with 22 residenti...
S Immo signed a contract for the acquisition of a portfolio totalling eight properties from Czech Property Investments, a.s. in the Czech Republic. The purchase comprises four office properties and four commercial properties with a total leasable area of around 136,000 m², a property value of around €463m and annual rental in...
33 Bristol, the Topland-owned Bristol city centre office space, is now fully occupied after engineering and environmental consultants, Rappor, completed the letting of its ground floor suite. The investment group acquired the office facility in 2019 before investing £1 million in an extensive refurbishment to attract business...
In the first quarter of 2024, CTP signed a lease contract with logistics provider iLogistic for an additional 2,000 square metres. The company will thus occupy a total of 13,000 m2 of space in the ever-evolving BIA3 Building of CTPark Budapest West. Here, it will not only benefit from flexible services but also have the oppor...
Sandyford Properties has let three vacant units at Deeside Industrial Park, near Chester, just six months after buying them. The properties, totalling 70,000 sq ft, are located on a four-acre site at 80-82 First Avenue and were acquired in September 2023 from the former owner of DRB Group.
Cole Waterhouse has exchanged on the acquisition of the former Hilti headquarters in Trafford, with plans to bring forward a new mixed-use, residential-led development on the site. The plot, which currently includes a 31,000 sq. ft. office building previously occupied by the manufacturer, is located within the 215-acre Traffo...