Meeting

Shoosmiths advises Prowting Investments on Bargate Homes investment

National law firm Shoosmiths has advised Prowting Investments – a family-backed private equity firm – on the strategic investment in bespoke property developer, Bargate Homes Limited. »


Approved stamp

L&G secures planning for Hammersmith redevelopment

Legal & General Property (LGP) has secured resolution to grant consent for the redevelopment of 245 Hammersmith Road, formerly known as Bechtel House.  »


Euros

Generator Hostels secures EUR60m of growth capital from Invesco

Patron Capital is selling a minority stake of up to 23 per cent of its portfolio company Generator to Invesco Ltd in exchange for up to EUR60m of growth capital. »


111 Buckingham Palace Road

Goodwin Procter advises on acquisition of Telegraph Media Group’s London HQ

Goodwin Procter has advised Kennedy Wilson Europe Real Estate plc on the GBP204.3 million acquisition of 111 Buckingham Palace Road, SW1 – the London headquarters of Telegraph Media Group – from Kish Holdings. »


Document signing

Prologis signs 280,000 sq ft build-to-suit agreement in Sweden

Prologis has signed a 280,000 square foot (26,000 square metre) build-to-suit agreement with Strålfors, one of Sweden’s leading logistics companies. »


British pounds

DTZ Investors purchases 47 Mark Lane, London for GBP73.3m

DTZ Investors has purchased the freehold interest of 47 Mark Lane, London for GBP73.3m from Land Securities. »


Handshake

Arvid Lindqvist appointed head of research at Catella's property advisory services

Catella has recruited Arvid Lindqvist as head of research at its property advisory services in Stockholm. »


Sold sign

SEGRO sells GBP153 million portfolio of UK logistics assets

SEGRO has sold a UK portfolio of six logistics properties and a smaller regional warehouse to Logicor, Blackstone’s European logistics platform, for GBP153.3 million. »


Shopping bags

Devonshire REIT completes USD88.4m acquisition of three shopping centres

Devonshire REIT, a private real estate investment trust, has acquired three new properties: The Plaza at Chapel Hill in Akron/Cuyahoga Falls, Ohio; Oak Park Town Center in Chattanooga, Tennessee; and Forest Park Plaza in Brazil, Indiana. »


Germany flag

Hansteen completes EUR18.9 million of disposals in Germany

Hansteen Holdings has completed four sales – one multi-let industrial estate and three development sites in Germany – for a total of EUR18.9 million, reflecting a gross initial yield of 7.3 per cent.  »


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