Handshake and money

City Office REIT closes Dallas office property acquisition

City Office REIT has closed its acquisition of Lake Vista Pointe in Dallas, Texas for a purchase price of USD28.4 million. »


British pounds

L&G completes GBP350m industrial fund refinancing

Legal & General Property (LGP) has completed the refinancing of its Industrial Property Investment Fund (IPIF), agreeing a new GBP275 million term part fixed rate, part floating rate facility. »


Poland

Raiffeisen Polbank to become tenant at Golub GetHouse’s PRIME Corporate Center

Golub GetHouse has finalised a lease agreement at the PRIME Corporate Center building, currently under development at Grzybowska Street in Warsaw, with Raiffeisen Polbank for 19,500 square metres of office space with an additional retail-services space. »


Handshake and money

DiamondRock refinances the Courtyard New York Manhattan/Midtown East

DiamondRock Hospitality Company has entered into a USD86 million mortgage loan secured by the Courtyard New York Manhattan/Midtown East. »


Ireland flag

Irish property values continue to surge in Q2 2014

Quarterly returns from Irish commercial real estate accelerated to 8.5% in the second quarter of 2014, their highest level since Q2 2006, according to the IPD/SCSI Ireland Quarterly Property Index. »


Euros

Hibernia REIT completes EUR267m in acquisitions in Q2 2014

Hibernia REIT has had a busy second quarter of 2014 completing eight acquisitions totalling EUR267m, primarily in the central Dublin office sector.  »


Approved stamp

All companies in La Française Group are now authorised AIFMs

La Française Group has obtained AIFM approval for all its management companies. »


London

Students represent 41 per cent of PCL tenancy start-ups, says LCP

Rental of apartments in prime central London’s (PCL) most exclusive neighbourhoods by finance professionals stalled during the credit crunch when employment in the sector fell by around one third. »


Channel Islands

Carne Group opens office in the Channel Islands

Carne Group, a provider of governance and oversight services for asset managers, has opened a new office in the Channel Islands. »


UK flag

UK high street investment transaction volumes increase by 34 per cent

UK high street retail investment transactions, excluding prime Central London, auction and portfolio transaction, reached GBP280m across 73 deals in Q2, according to research from DTZ. »


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