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Swiss premium eyewear label, VIU, has leased a unit in London’s Soho for its flagship UK store. The shop at 5-6 Upper James Street on the northside of Golden Square will be the brand’s first outlet in the UK. It already has a 30-store network across Switzerland, Germany, Scandinavia and Austria.
The BlackRock Eurozone Core Property Fund acquired a mixed-use retail and office asset in the central business district (CBD) of Helsinki last month. Following the acquisition of an office asset in Hamburg and a portfolio of two logistics assets near Munich and Regensburg , this third investment is consistent with the Fund’s ...
Only a few days after Domus Vivendi Group (Domus Vivendi) began letting activity 70% of the space has already been taken in „The Circle“, the developer’s planned office building on Mallorca. The Circle is a prestigious, 4,000 square metres ultra-modern office building in the „Son Bugadelles“ business park, near Santa Ponca, t...
Gieag Immobilien AG has announced a further key letting success for its “Kwartier” development in the south of Karlsruhe. The Bundesanstalt für Immobilienaufgaben (BImA) has been acquired as a longterm tenant for the entire administration building with a total of around 8,500 square metres of usable space. The rental agreeme...
Blackstone and Quincap have acquired Oberbaum City in Berlin's Friedrichshain-Kreuzberg district from HVB Immobilien. The historic building complex on the former Osram and Narva factory site is comprised of five properties with approximately 90,000 m² of office and exhibition space as well as retail, gastronomy and storage sp...
Hines is to partner with European hotel operator 25hours Hotels to create a 243-room boutique hotel in the heart of Copenhagen. The new hotel will be the operator’s first project in Denmark and will form the centrepiece of a modern mixed-use development, including premium retail, on the city’s Købmagergade.
As previously announced, BlackRock has made its first German acquisitions for its Eurozone Core Property Fund. The asset manager purchased the Hamburg „Hanseatrium“ office property and two logistics properties in Munich and Regensburg. According to Black Rock, the transactions fit in with the fund's multi-strategy approach, w...
Magna Asset Management invests in the „Kaisergärten Wandlitzstraße“. The asset manager will take over the construction project at Wandlitzstrasse 18-22 in Karlshorst from the Ten Brinke Group for the Magna Wohnen 01 special AIF. The 13,000 m², seven-storey building complex consists of six buildings with a total of 118 apartme...
Diös has purchased a property on Prästgatan in central Östersund. The property will be a complement to Diös’ current portfolio in the neighbourhood and part of the company’s continued strategy of urban development. The total value of the property amounts to approximately SEK 28 million and the total lettable area encompasses ...
Corestate Capital Holding S.A. has acquired an office building in Munich. The property, representing a total investment amount of approx. €66 million, is to be repositioned using a “Manage-to-Core” strategy. The investment manager will offer the property to investors as a club deal. The deal signing has already been completed...
A company in the Freo Group has sold the two Hilton Hotels near the Donnersbergerbrücke, which opened in June 2018 in Munich. The purchaser is a company of the Talanx AG, with participation by Ampega Real Estate GmbH (formerly Talanx Immobilien Management GmbH). The parties agreed not to disclose the purchase price.
Marie Stopes International, a reproductive health services organisation, has taken space on the ground floor of Axis Beta in Almondsbury following a deal brokered by Colliers International on behalf of Clearbell Property Partners II LP, a fund managed by Clearbell Capital. Marie Stopes has taken 1,972 sq ft of office space in...
Alstria Office REIT-AG announces the signature of a new lease in Düsseldorf with the health insurance Barmer. The REIT has signed a new lease for its asset in Heerdter Lohweg 35 (Düsseldorf). The new tenant will lease up approximately 13,600 square meters of office and ancillary space for a lease-term of 12 years. The new lea...
Commerz Real has leased 6,700 square metres of office and retail areas in its Prague office property “Charles Square Center”. With nearly 4,200 square metres the bulk of the new leasing is accounted for by the tobacco company Philip Morris, which is extending an existing lease for 3,600 square metres and expanding its area to...
Hemsö is acquiring a property portfolio with eight nursing home and health care properties in Turku, as agreed in a previously announced letter of intent . The company will simultaneously invest and acquire a 34.8-per cent stake in Turku Technology Properties (TTP). The total investment value is €180 million.
Cromwell Property Group has sold Poseidon House in Cheadle, South Manchester, to a London based private investor for £6.9m, reflecting a net initial yield of 6.80%. The asset was part of the Cromwell European Diversified Fund portfolio.
Developer M.M.M. Projektai signed an agreement to sell offices in S7 office complex. S7 is located in the CBD of Vilnius, Lithuania, which consists of four buildings. Agreement has been signed to sell three buildings of S7 complex, totalling 42,500 sq. m. of GLA. The sale closing of the first building DC PIER took place yeste...
