London

Grainger acquires London residential portfolio for GBP160m

Grainger, the UK’s largest listed residential property owner and manager, has acquired a tenanted residential property portfolio in London for GBP160m from Property Investments (Chelsea). »


Up arrow

CRE and REO volumes to hit EUR50bn in 2014, says C&W

Cushman & Wakefield’s corporate finance team estimates that closed commercial real estate (CRE) and real estate-owned (REO) sale volumes are likely to reach EUR50 billion in 2014. »


John Elkann

C&W appoints John Elkann as chairman of the board

Cushman & Wakefield has appointed John Elkann as chairman of its board of directors effective immediately. »


Supermarket trolley

Orchard Street acquires Sainsbury’s supermarket in Surrey

Orchard Street Investment Management has completed the acquisition of a Sainsbury’s supermarket in Wallington, Surrey on behalf of St James’s Place UK from Legal & General Property for GBP35.03 million. »


Handshake and money

Broadstone Net Lease acquires 19 properties for USD52.6m

Broadstone Net Lease (BNL), a private real estate investment trust (REIT) managed by Broadstone Real Estate, has acquired 19 properties for more than USD52.6 million so far in 2014. »


UK flag

UK commercial property continues to strengthen through Q1

Commercial property values in the UK rose by a further 1.0 per cent in March, continuing the steady growth seen during the first two months of 2014. »


Euros

SEGRO agrees new and amended bank facilities totalling EUR460m

Industrial and warehouse property specialist SEGRO plc has agreed new and amended bank facilities totalling EUR460 million (GBP380 million).  »


Mark Alfieri

Behringer Harvard Multifamily REIT I rebrands as Monogram Residential Trust

Behringer Harvard Multifamily REIT I is rebranding as Monogram Residential Trust, a change designed to reflecting the REIT’s transition to a fully integrated self-managed real estate investment trust. »


Netherlands flag

M&G Investments provides EUR110m of mortgage finance for Dutch residential portfolio

M&G Investments has completed the largest acquisition financing of Dutch residential property since the start of the credit crisis. »


Manchester

Trinity IM and Starwood Capital Group to buy The Royal Exchange, Manchester from M&G

Trinity IM, a specialist investor and asset manager in UK real estate, and Starwood Capital Group, the global private investment firm, are to purchase The Royal Exchange, Manchester from M&G Real Estate's Life Fund. »


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Mon, 12/05/2014 (All day) - Dubai
Tue, 13/05/2014 (All day) - Dubai