After a delay of nearly eighteen months, construction work is now set to commence in the Overhoeks development zone in the north of Amsterdam on a major mixed-use site.
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Stockholm-listed property investor Kungsleden has acquired the Gladen 4 property in Kungsholmen for SEK 428 mln (€41 mln), to strengthen its presence in the existing Stockholm City West cluster.
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German asset manager Deka Immobilien has acquired four hotels in Venice Mestre from Austrian developer MTK for a reported €200 mln.
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Asset manager Valor Real Estate Partners has acquired two logistics schemes in Paris from Stonehedge for around €40 mln.
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North American asset manager Brookfield has acquired London office asset Nexus Place from investment manager Barings acting on behalf of institutional investors for £169.4 mln (202 mln).
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Denmark's largest listed property company, Jeudan, has acquired an underground parking facility at Amerika Plads in Copenhagen for DKK 335 mln (€45 mln), from local investor Agat Ejendomme and developer By & Havn.
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M&G Investments (M&G) has temporarily suspended dealing in the shares of its M&G property portfolio and feeder fund with immediate effect, putting investors on high alert for copycat closures.
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DTZ Investors has purchased the majority freehold interest in the Como Metropolitan hotel, on London’s Old Park Lane, for more than £70 mln (€83 mln) from casino giant Genting.
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London and Johannesburg-listed property investor Sirius Real Estate has acquired an office property in the Munich Airport district of Hallbergmoos from Imcon Immobilien Consulting, the latter acting on behalf of KCM Invest.
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Spanish retail billionaire Amancio Ortega, former chairman and majority shareholder of Inditex group, is reportedly close to a deal to acquire The Post Building in London for around £600 mln (€707 mln).
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An investment fund managed by Universal-Investment on behalf of pension fund Bayerische Versorgungskammer (BVK) has made its debut in Swizerland, purchasing a portfolio of 14 retail assets.
