Savills Investment Management has bought 125 Shaftesbury Avenue in London from Almacantar for £267 mln (€296 mln) on behalf of a club of Korean institutional investors managed by Vestas Investment Management.
UBS Asset Management is believed to be in advanced negotiations to acquire Palazzo Sturzo in the Italian capital, EuroProperty can reveal.
NorthStar Realty Europe, the Europe-focused US REIT which is potentially for sale, this week completed the disposal of its largest asset, the Trianon Tower, in Frankfurt.
Chinese Fosun-owned insurer Fidelidade has emerged as the winner of the auction for the former fairground site in Entrecampos, in the heart of Lisbon’s main office district.
In an off-market deal a fund managed by Catalyst Capital has sold a portfolio of three offices in Paris for €92 mln to the CCP 5 Long-Life core-plus style fund, advised by Tristan Capital Partners, and Stam Europe.22
Retail specialist Redevco has reduced the number of investment grade cities it is active in across Europe in the past two years by around 35 to just over 150 cities today.
South Korea’s Vestas Investment Management has signed one of the largest logistics deals in Europe this year with the purchase of a major property in Northern Italy.
Venture capital arm speaks to potential investors to finance start-ups.
German bank provides five-year facility for modular build in Croydon.