Globe

SLI re-launches global real estate fund

Standard Life Investments (SLI) has re-launched its GBP420m Select Property Fund as the Standard Life Investments Global Real Estate Fund. »


Handshake

Mark Burton joins Strategic Partners to lead secondary real estate business

Mark Burton has joined Strategic Partners Fund Solutions to lead its real estate secondaries practice. »


Document signing

MetLife and Norges Bank Investment Management buy One Beacon Street in Boston

MetLife and Norges Bank Investment Management have bought the One Beacon Street office building in Boston for approximately USD561 million. »


Sold sign

PREI joint venture sells German residential portfolio

Prudential Real Estate Investors (PREI) and Kauri CAB Management have sold a portfolio of 25 residential ‘Altbau’ buildings located within the S-Bahn ring of Berlin for EUR78.6 million, or about USD105 million. »


Manchester

M&G Real Estate and intu secure six new retail lettings in Manchester

Manchester Arndale, which is jointly owned by M&G Real Estate and intu, has attracted a range of new retailers in recent weeks with five new brands taking units at the centre over the summer. »


Spain flag

Hispania acquires four office buildings and two hotels in Madrid

Hispania Activos Inmobiliarios, through its subsidiary Hispania Real SOCIMI, has acquired a portfolio of four office buildings and two hotels in Madrid from IDL Group. »


Germany flag

AXA Real Estate completes EUR50m acquisition of Park Kolonnaden in Berlin

The AXA real estate team of AXA Investment Managers Deutschland has completed the acquisition of Park Kolonnaden, a mixed-use building in Berlin, from a subsidiary of HVB Immobilien for EUR50 million. »


French flag

Valad European Diversified Fund doubles-up to EUR1bn and expands into France

Valad Europe has doubled the total fund capacity of its Valad European Diversified Fund (VEDF) to EUR1 billion by securing a further EUR190 million of new equity from existing investors. »


Four fingers

Harworth Estates makes four appointments

Harworth Estates, the UK property regeneration company, has made four appointments. »


Handshake

Braemar Estates strengthens business development team

Property manager Braemar Estates has appointed Diana Turner as business development manager, based out of the company’s head office in Hale, Cheshire. »


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