IREMIS, the Luxembourg-based specialist real estate investment manager founded by Jos Short and Jochen Schäfer-Suren, has announced the acquisition of the Pullman hotel in Dresden, Germany, from Covivio Hotels for around €30.5 mln.
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Castellana Properties’ €240 mln acquisition of Valencia’s largest shopping centre, Bonaire, has been postponed due to the flash floods that affected the region last week.
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M&G Real Estate, part of M&G’s €86 bn private markets’ business, has committed to forward funding a €44 mln micro-living development scheme with 291 private apartments in France, close to the city of Geneva.
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Amro Partners has joined forces with Invesco Real Estate to pursue opportunities in the Iberian residential market, starting with the acquisition of two new projects in Spain.
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2 Dublin Landings, a long income office investment, is being offered for sale by Savills, on instructions of James Anderson of Deloitte Ireland. The opportunity is guiding a price of €60 mln.
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Legal & General (L&G) on behalf of its Managed Fund has acquired 30 Golden Square, a newly refurbished Grade A office building in London’s West End.
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PGIM Real Estate has launched Omnidocks, a platform for ground-up logistics developments in Germany.
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A further rate cut by the European Central Bank helped revive the European commercial real estate investment pipeline and sentiment in the third quarter, with a series of major assets coming to market and renewed investor interest in the retail sector, according to Colliers’ latest EMEA Capital Markets Snapshot (Q3-2024).
Austrian property group Warimpex Finanz- und Beteiligungs has announced the sale of its last remaining project in Russia, the Airportcity St. Petersburg, for an undisclosed amount.
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European commercial real estate investment was little changed in the third quarter as recovery in the industrial sector and for the UK, Italian and Nordic markets was balanced out by the office sector’s continuing challenges, notably in Germany and France, according to MSCI’s latest quarterly Europe Capital Trends report.
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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.
