London-based real estate investment and advisory firm Rivercrown has sold its 99.9 per cent holding in the Portuguese fund Maxirent to a Singaporean listed fund for a price believed to be approximately EUR120 million.
Legal & General has invested around GBP1.5 billion in levelling up the UK’s towns and cities since the March 2020 lockdown, in turn creating over 30,000 jobs over the long-term and supporting a regional economic bounce back.
Real estate investor Altera Vastgoed (Altera) has sold the Arendshof II shopping centre in oosterhout. The property comprises approximately 9,125 sq m comparisson retail space and an indoor parking garage with 562 parking spaces.
Mid-market private equity firm LDC and the Royal Institute of British Architects (RIBA), have agreed the sale of NBS to Byggfakta Group, a data and software provider to the European construction industry headquartered in Sweden and backed by private equity firms Stirling Square Capital Partners and TA Associates.
Walton International Group (Walton) has adopted a two-pronged strategy with the single over-arching objective of accelerating exit activity on its existing and new property acquisitions for the benefit of its investors.
AURELIUS Equity Opportunities is selling its subsidiary GHOTEL hotel & living to the Cologne-based Art-Invest Real Estate Group. The purchase price is EUR 63 million (enterprise value), including subsequent components.
Century Bridge Capitalhas successfully exited and repatriated the proceeds from its joint venture investment in Renhuai, China.
Century Bridge Capital announced today that it has successfully exited and repatriated the proceeds from its investment in Xuzhou, China. Century Bridge and co-investor, Deutsche Finance Group closed on their investment in the USD204 million, 1,427 unit development in May 2018 in joint venture with Zhongliang Real Estate Group.
CBRE Global Investors, acting on behalf of a pension fund client, has completed a 40,000 sq ft office development and decked car park at 270 Cambridge Science Park, Cambridge. The development was pre-let to Worldpay Limited on a 15-year term.
JZ Capital Partners Limited (JZCP), a London listed fund that invests in US and European microcap companies and US real estate, has sold Petrocorner, a network of petrol stations throughout Spain, to a Spanish subsidiary of British Petroleum (BP).