Advisor Savills has launched the sale of Eastgate House in Cardiff for offers in excess of £12 mln (€14 mln). The sale price represents a net initial yield of 9.69% representing a low capital value of £127 per sq ft.
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Swedish construction and property group Skanska has divested the Nowy Rynek D office building in Poznan, Poland, to Swedish property company Eastnine for €121 mln.
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CBRE Investment Management (CBRE IM) has acquired an office building complex through a sale and leaseback transaction in Berlin’s central Mitte district near the Gendarmenmarkt square. The seller is German telecommunications company Deutsche Telekom. Financial details were not disclosed.
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UK-based real estate developer Landsec has been selected as the funding partner of The Liberty of Southwark, a public-private partnership regeneration project.
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Spain’s Colonial has outlined details of its well-trailed purchase of Amundi’s headquarters at 91-93 Boulevard Pasteur in Montparnasse station in Paris.
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BNP Paribas Real Estate Investment Management (BNP Paribas REIM) has acquired an office complex in Vienna and the Franklinhaus office building in Berlin on behalf of the Next Estate Income Fund III.
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AEW UK REIT, the London-listed real estate investment trust, has agreed terms to sell its office asset located in Eastpoint Business Park, Oxford for approximately £37 mln (€44 mln).
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Global asset manager Aviva Investors has acquired The Vondel Portfolio, a collection of eight office assets in Amsterdam, for an undisclosed sum.
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Berlin-based investment firm Caleus has made its first acquisition in the UK with the purchase of a prime mixed-use freehold building in Mayfair, London W1 from Legal & General for around £60 mln (€71 mln).
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Italy's InvestiRE Sgr has sold the Arcadia Center, an office asset in Milan owned by closed-end alternative real estate investment fund Immobilium 2001, to a primary international institutional investor.
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Sirius Capital Partners, through its Sirius Fund IV, has signed an agreement to acquire seven assets, consisting of 261 rental apartments, from Finnish construction company Hartela.
