Sold sign
Boston Properties sells 45 per cent interest in three Boston office properties Fri, 31/10/2014 - 14:00

Real estate investment trust Boston Properties has sold a 45 per cent interest in 601 Lexington Avenue in New York City and Atlantic Wharf Office Building and 100 Federal Street in Boston.

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Two fingers

Elian Fund Services appoints two specialist associate directors

Elian Fund Services has appointed two associate directors, Jane Stammers and Alex Di Santo, to its real estate and private equity teams in Jersey. »


Shopping bags

Slate Retail REIT acquires Colorado Shopping Centre

Slate Retail REIT is to purchase Westminster Plaza, a 98 per cent occupied, 97,013 square foot grocery-anchored shopping centre located in Westminster, Colorado (Denver MSA) for USD12.7 million (USD131 per square foot). »


Germany flag

Alter Domus opens office in Düsseldorf, Germany

Alter Domus, a provider of fund and corporate services to international private equity and infrastructure houses, real estate firms, multinationals, private clients and private debt managers, has opened an office in Düsseldorf, Germany. »


Sell

McGuireWoods advises St Martins Property on sale of London property

McGuireWoods lawyers has advised St Martins Property on the GBP43.9 million sale of a property in the heart of one of London’s most famous residential, entertainment and business districts. »


Debt

Mack Real Estate Group expands debt investment activities

Mack Real Estate Group (MREG) has expanded its real estate debt investment activities with a new lending platform focused on transitional and distressed assets throughout North America and in Europe. »


Lease

M&G Real Estate secures largest letting of the year in Maidenhead

M&G Real Estate has signed a 10-year lease with expense management specialists Concur Technologies (UK) Ltd at its Sygnus Court premises in Maidenhead. »


Paris

M7 Real Estate appoints Chris Pope to open Paris office

M7 Real Estate has appointed Chris Pope as managing director to expand the company’s European platform by opening its first office in France. »


British pounds

Benson Elliot acquires Templeback, Bristol from UK & European Investments

UK & European Investments has sold its Templeback asset, a 122,000 square foot office development located in Bristol’s commercial area, to private equity real estate company Benson Elliot. »


Up arrow

Crestbridge sees value of funds administered rise by 700 per cent

Independent corporate and fund services provider Crestbridge has seen the value of funds it administers grow from GBP1.84 billion in June 2013 to GBP15.06 billion in June 2014, representing an increase of more than 700 per cent. »


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