Deals & Transactions | Property Funds World

deals and transactions

Legal & General acquires South East industrial estate for GBP21m

Tue, 23/10/2018 - 11:18

LGIM Real Assets (Legal & General) has acquired Lineside Industrial Estate in Sussex for GBP21 million. The south east industrial estate has been bought on behalf of Legal & General’s Managed Property Fund from Cording Real Estate Group, the European real estate investment and asset management firm. »

Henderson Park acquires central Madrid retail and office property

Tue, 23/10/2018 - 11:17

Henderson Park has acquired Gran Via 43, a prime high street retail/office property located in the centre of Madrid, Spain, from Mutualidad General de la Abogacia, the Spanish pension fund for lawyers. »

Apache Capital Partners sells 251-bed student housing asset in Cambridge for GBP38m

Tue, 23/10/2018 - 11:16

Apache Capital Partners, a leading private real estate investment management firm, is pleased to announce today the successful disposal of its prime 251-bed purpose-built student accommodation property, Brunswick House, in Cambridge, to Cambridge County Council for a total consideration of GBP38 million, reflecting a net initial yield of 4.76 per cent, a record in the UK for a direct-let asset student accommodation outside London/the M25. »

Chancerygate acquires three sites for 181,000 sq ft of development

Tue, 23/10/2018 - 07:28

Industrial developer and asset manager, Chancerygate, has acquired more than seven acres of development land at sites in Chertsey, Harlow and Cheltenham, which will be developed to create 181,000 sq ft of new warehouse and industrial space. »

Phillips Realty Capital structured USD10.75m re-financing for Cleveland retail centre

Mon, 22/10/2018 - 16:21

Phillips Realty Capital has structured a USD10,750,000 transaction on behalf of Madison Marquette. »

PGIM Real Estate acquires The Square in Paris

Mon, 22/10/2018 - 15:00

PGIM Real Estate has acquired The Square, an iconic 7,000-square-meter office building located on 7-7 bis rue de Téhéran, Paris, on behalf of its pan-European discretionary value-add fund. »

Lunson Mitchenall advises on three Cheltenham deals

Mon, 22/10/2018 - 14:58

Lunson Mitchenall has advised on two investment transactions with Cheltenham Borough Council for a combined value of GBP22 million, in addition to a major signing of bar and restaurant The Botanist (A New World Trading Company brand) for a 9,500 sq ft unit in NFU Mutual’s Brewery Quarter, Cheltenham. »

Gide counsels Casino Group on disposal of a portfolio of 14 Monoprix real estate assets

Mon, 22/10/2018 - 14:57

Casino Group signed a synallagmatic agreement with AG2R La Mondiale for the disposal of 14 Monoprix real estate assets and subsequent lease of the real estate assets to Monoprix, with a geographical mix representative of the overall Monoprix footprint. »

Renovation of former Gibraltar police barracks now complete

Mon, 22/10/2018 - 14:53

Developer Cimco Partners has completed a multi-million-pound four-year construction and refurbishment project at Gibraltar’s iconic former police barracks. »

Tritax EuroBox agrees new EUR200m credit facility

Mon, 22/10/2018 - 10:54

Tritax EuroBox, which invests in Continental European logistics assets, has entered into a new EUR200 million unsecured revolving credit facility which will provide the Company with flexible committed capital, at an attractive margin, to help finance the acquisition of investment opportunities in its strong identified pipeline. »