Tristan Capital Partners’ Curzon Capital Partners IV Fund has completed the sale of a 7,000 m2 office asset located in Milan, Italy to a fund managed by Italian asset manager Investire SGR.
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Valmet signed a lease agreement with real estate management company Sponda regarding the lease and construction of an office building in Tikkurila, Vantaa.
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Global investment firm Patrizia has acquired an historic office and retail property in Berlin from project development and investment company Quest Investment Partners.
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BNP Paribas Real Estate Investment Management Italy has sold a prime office asset, situated in the CBD Duomo of Milan, on behalf of alternative investment fund Concepto.
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KanAm Grund Institutional has purchased the Opéra Italiens property for the KanAm Grund European Cities, a specialized real estate fund launched for a northern German pension scheme in 2018.
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Nordic investment manager Genesta has acquired the Portal Skøyen office complex in central Oslo for an undisclosed amount.
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Advisor Savills has launched the sale of Eastgate House in Cardiff for offers in excess of £12 mln (€14 mln). The sale price represents a net initial yield of 9.69% representing a low capital value of £127 per sq ft.
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Swedish construction and property group Skanska has divested the Nowy Rynek D office building in Poznan, Poland, to Swedish property company Eastnine for €121 mln.
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CBRE Investment Management (CBRE IM) has acquired an office building complex through a sale and leaseback transaction in Berlin’s central Mitte district near the Gendarmenmarkt square. The seller is German telecommunications company Deutsche Telekom. Financial details were not disclosed.
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UK-based real estate developer Landsec has been selected as the funding partner of The Liberty of Southwark, a public-private partnership regeneration project.
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Ares Management, the US firm, has struck an agreement with French start-up, Colonies, to acquire and refurbish affordable co-living apartments in major urban centres across Western Europe.
