LXi REIT has acquired 11 foodstores and two discount stores from five different vendors/developers for a total cost of GBP61 million.
M7 Real Estate (M7), a pan European investor and asset manager, has acquired four industrial and office assets in four separate transactions for a total of GBP16.5 million on behalf of the latest fund in its regional UK value add series, M7 Real Estate Investment Partners IX (M7 REIP IX0.
Pictet Alternative Advisors has acquired three core office assets in Manchester, in partnership with XLB Property.
Nuveen Real Estate finalises acquisition of EDGE Grand Central Berlin on behalf of the Cityhold Office Partnership
Nuveen Real Estate has completed its acquisition of EDGE Grand Central Berlin, a c20,000 sq m (c237,000 sq ft) ‘smart’ office asset, on behalf of its Cityhold Office Partnership (CHOP).
A multi-let industrial estate in Bedfordshire has been acquired by a property investment company in a deal brokered by leading property consultancy Kirkby Diamond.
Fiera Real Estate (FRE UK) and Danescroft have acquired the freehold interest in a 16 acre site in Willingdon, East Sussex in excess of GBP4 million.
CBRE Global Investors has acquired, on behalf of a pan-European fund, Bricks Berlin in the Schöneberg district. The vendor is the investment and project development company Trockland.
Kuwaiti owned Jade Merchant Bank (JMB) has acquired the GBP29 million BAE Systems office and R&D complex in Christchurch, Dorset.
Stoneweg, a real estate investment adviser and asset manager with operations and capabilities across Europe and the United States, has acquired a 688-unit residential asset in the Metropolitan Area (MSA) of Tampa-St Petersburg in Florida, USA, for USD114 million in a joint venture with Hartford Investment Management Company (HIMCO), an institutional investor in the market.
Harworth Group, a regenerator of land and property for development and investment, has acquired off-market Saturn Park (Saturn) in Knowsley, Merseyside, for GBP26 million plus acquisition costs.