F&C REIT and Area Property Partners have completed the acquisition of The Lanes Shopping Centre in the UK city of Carlisle in a club deal. The investment volume totalling £65 mln (EUR 80 mln) reflects a net initial yield of 7.7%.
Read moreAustrian listed property investor Conwert Immobilien has purchased a stake of around 60% in Hamburg-based residential company Kommunale Wohnen AG (KWG), which manages some 9,700 units in Germany.
Read moreAustrian real estate investor Signa Holdings is reportedly acquiring a portfolio of Karstadt department stores in Germany for EUR 1 bn. The portfolio includes the Kaufhaus des Westens (KaDeWe) department store in Berlin, according to a report in the German edition of The Wall Street Journal.
Read moreGlobal property adviser CBRE has appointed Mikhail Kaplun as director of the project management department in Russia.
Read morePrivate Dutch property company Redevco has appointed Adam Starr as managing director of its UK operations with effect from 1 February 2013.
Read moreCBRE has announced the addition of Krzysztof Widuch to its valuation team in Warsaw.
Read moreGerman listed property company Patrizia Immobilien is acquiring London-based real estate investment and asset management company Tamar Capital Group.
Read moreGerman fund manager KanAm said it is on track to meet its target to liquidate its EUR 6.3 bn grundinvest fund by end-2016 after selling EUR 1.9 bn of assets in 2012.
Read moreRetail will remain the sector of choice for risk-averse core investors in 2013 due to its defensive characteristics, according to LaSalle Investment Management’s Annual Investment Strategy report.
Read moreGriffin Real Estate has acquired Renoma Shopping Centre in the western Polish city of Wroclaw. The investment volume of almost EUR 120 mln makes the deal one of the larger single-asset commercial property transactions in Poland during 2012.
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Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
