German investment and asset manager Quest Funds has announced the sale of an office building at the Rue Montoyer 34 in Brussels to Belgian real estate company Alides.
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Central Sicaf, a company managed by French property group Covivio, has completed the sale of a portfolio of eight mixed-use assets to AP Wireless Italia InfraRe, a subsidiary of Radius Global Infrastructure.
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CPI Property Group (CPIPG) has joined forces with London property expert Dean Main to acquire 27 Savile Row in London’s Mayfair from the mayor of London.
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Swedish construction and property firm Skanska has signed a contract with Quadrant and funds managed by Oaktree Capital Management to build YY London at 30 South Colonnade in London’s Canary Wharf.
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Deka Immobilien has acquired the Italian office of the fashion company Dsquared2 in Milan on behalf of the Deka-ImmobilienMetropolen open-ended fund for an undisclosed amount.
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The CCP 5 ‘long-life’ core-plus fund, advised by Tristan Capital Partners and Cologne-based joint venture operating partner Silver Cloud Invest, has completed the letting of a large office complex in Bonn, Germany.
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Principal Real Estate Europe’s European Office Fund (PEOF), and Cepac Foncière have jointly acquired the Astrolabe office building in Marseille through their new OPPCI OP-SUD from Covivio and Predica. Financial details were not disclosed.
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Munich-based family office AM Alpha has acquired a newly-developed, partially-let prime office building in Dublin's south docklands from developer Targeted Investment Opportunities (TIO).
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Fund manager M&G has purchased a prime office asset in London for £78.3 mln (€92 mln) on behalf of an Asian separate account mandate.
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Deutsche Finance International (“DFI”) has acquired Holstenwall 20-22, a vacant value add office opportunity comprising two buildings in the centre of Hamburg, Germany from the International Campus Group.
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German property investment volumes plummeted 48% in the first quarter, with only €14.8 bn of assets traded in the first three months of the year, according to broker CBRE.
