British Land has announced that it has exchanged contracts for the sale of 39 Victoria Street SW1 to the Singaporean property company Ho Bee Land for a gross purchase price of £144 million, representing a net price of £139 million. The ten-storey... Read More
Kennedy Wilson Europe Real Estate (KWE) has completed the acquisition of nine South East offices from an affiliate of Apollo Global Management. The £211 million purchase, funded from the company’s cash resources, represents yield on cost of 8 per... Read More
Legal & General Property has acquired the Birmingham headquarters of Mitchells & Butlers (M&B) from LaSalle Investment Management for £69.5million, reflecting a net initial yet of 3.94%. L&G's freehold purchase of the 95,000 sq ft Grade A... Read More
One of Europe’s leading real estate investment managers has made its first Dutch investment. The deal will also allow AEW Europe to develop the warehouse site at Helmond. The purchase — made on behalf of AEW’s LOGISTIS fund — includes a group... Read More
Axa Real Estate Investment Managers has completed the acquisition of a 35 per cent stake in western Germany’s largest shopping centre. The €231m (£164m) deal is Axa’s third retail complex joint venture in less than a year. The purchase of the... Read More
Completed UK retail warehouse transactions in Q2 totalled £635 million - a 33 per cent increase on the second quarter last year, according to research conducted by DTZ. The latest investment activity takes the half-yearly total to over £1.3 billion, 27 per... Read More
Cromwell Funds Management has completed a second major acquisition on behalf of the Cromwell Direct Property Fund, with the purchase of a six-storey, Grade A office building in the Canberra for the sum of $16.8 million. The property is situated at 64... Read More
The Hines Russia & Poland Fund (HPRF) and PPF Real Estate Holding B.V. have announced that they have jointly acquired the Metropolis Office Buildings I and III in Moscow. With this new acquisition, the partners own more than 56,000 leasable square... Read More
Pan-European real estate investment club, FORE Partnership, has announced the £50.95 million sale of its speculative Midtown office development VIEW 58, which is currently being delivered with joint venture partners Kier Property. VIEW 58, at 58... Read More
Hunter Real Estate Investment Managers has acquired The Spires Shopping Centre in High Barnet from The Pears Group, for an undisclosed price representing a net initial yield of 6 per cent. The acquisition was made on behalf of a North American institutional... Read More
