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Neinver and TIAA acquire 50,000 sq m retail park in Madrid

Wed, 23/11/2016 - 10:16

A joint venture between Neinver and TIAA has completed the purchase of Nassica, an outdoor retail park and leisure park in Madrid. »

LondonMetric acquires GBP40m of ‘last mile’ distribution warehouses

Wed, 23/11/2016 - 10:13

LondonMetric Property has acquired eight ‘last mile’ distribution warehouse for GBP39.9 million at a blended yield of 6.2 per cent and with a WAULT of 9.0 years. »

LendInvest launches in Greater Manchester

Wed, 23/11/2016 - 10:11

Short-term property lending specialist LendInvest has appointed its first business development manager (BDM) for Northern England. »

Helical sells six assets for GBP26m

Wed, 23/11/2016 - 10:10

Helical has completed the disposal of six distribution warehouses for a combined price of GBP26 million, representing a 7 per cent premium to the March book value. »

DB Symmetry adds three to team

Wed, 23/11/2016 - 10:08

Logistics developer DB Symmetry has appointed a finance director and two development directors who will be responsible for the continuing expansion of the company’s prime portfolio of assets. »

Bouwinvest REIM commits EUR50 million to Genesta Nordics

Wed, 23/11/2016 - 10:00

Institutional real estate investment manager Bouwinvest has committed EUR50 million to Scandinavian manager Genesta’s GNREF II Fund (Genesta Nordic Real Estate Fund), which invests mainly in offices and retail in larger urban areas in Sweden, Norway, Denmark and Finland. »

Gramercy Property Trust sells three office buildings for USD106.3m

Tue, 22/11/2016 - 14:05

Gramercy Property Trust has closed on the sale of three single-tenant office buildings in San Diego, California, Lake Mary, Florida and Las Colinas, Texas for aggregate gross proceeds of USD106.3 million. »

Arcapita completes USD200m of US senior living acquisitions in 2016

Tue, 22/11/2016 - 13:54

Arcapita has acquired a privately-held portfolio of three senior living communities for a total transaction value of approximately USD110 million in the metropolitan areas surrounding Washington DC and Atlanta. »

Michael Kendall, Satuit

Satuit hires VP strategic relations

Tue, 22/11/2016 - 13:46

Satuit Technologies, a provider of software solutions for the professional investment market, has appointed Michael Kendall as vice president – strategic relationships, responsible for buy-side vendor channel partnership and key client initiatives. »

Mayfair homes contribute GBP2.5bn to London economy, says Wetherall report

Tue, 22/11/2016 - 10:35

There are now over 2,000 millionaires living in Mayfair who help to protect property values and contribute almost GBP2.5 billion to the local Mayfair and West End economy through employing staff, luxury shopping, spending on consultants and other expenditure. »

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