A consortium of Allianz Real Estate and Tristan Capital Partners is acquiring the Warsaw Financial Center (WFC) for about EUR 210 mln. The vendors are Vienna-listed real estate company CA Immo and international investment manager Pramerica Real Estate Investors. They each hold a 50% share in the tower high-rise office building in Warsaw's central business district.
Read moreHansteen acquires a portfolio of multi-let industrial estates in the UK.
Read moreJussi Thusberg has been appointed director at Amplion Asset Management starting 1 March 2013. His main responsibilities at the Finnish real estate company will be transactions and portfolio management.
Read moreVienna-listed Immofinanz has begun work on The Nimbus, its first office development project in Warsaw.
Read moreLondon-listed property investor PSPI has disposed of its US portfolio and one investment property in Switzerland.
Read moreFund manager Nordic Real Estate Partners (NREP) has expanded its Pelican self-storage business by acquiring SelStor in Sweden. The deal makes Pelican the second-largest self-storage operator in the Nordics with 27 operational sites by end-2013.
Read moreUK REIT NewRiver Retail and global investment manager Pimco have teamed up to acquire a portfolio of five shopping centres in the UK from Zurich Assurance. The investment volume for the secondary market assets comes to £85 mln (EUR 104 mln), reflecting a net initial yield of 9.7%.
Read moreLaSalle Investment Management has bought an office complex in the Montparnasse business district in Paris on behalf of ADIA, the Abu Dhabi Investment Authority, PropertyEU has learned.
Read moreGerman fund manager Deka Immobilien has acquired an office and retail complex in Berlin for around EUR 112 mln. The property will be added to Deka's open-ended Global fund. The vendor is a local land company owned by insurer Württembergischen Lebensversicherung.
Read moreJones Lang LaSalle expects a transaction volume of EUR 2.5 bn or more in the Polish commercial real estate market for 2012.
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German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
