German lender pbb Deutsche Pfandbriefbank has provided a £34.45 mln (EUR 56 mln) credit facility to AREA Property Partners, F&C REIT Asset Management, and Turkey-based ESAS Holding for the acquisition of the Halton Lea shopping centre in Runcorn, Cheshire, and a parade of retail units and office suites in Stevenage, in Hertfordshire, both in the UK. The transaction closed on 12 May 2011.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
