Unite Students has exchanged contracts for the sale of Woburn Place in London for GBP135 million to GCP Student Living.
Genesta has sold the Liila retail centre in Espoo, Helsinki on behalf of GNBRE (Genesta Nordic Baltic Real Estate).
Glenmont Capital Management has closed its USD73 million sale of Tapestry at Citrus Park, a 400-unit class-A apartment community developed in 2015 by Glenmont and Arlington.
TH Real Estate, on behalf of Warburg-HIH Invest Real Estate, has sold 4 Rue Leon Jost in Paris to Caisse National de l’Ordre des Médecins for EUR54.5 million.
Genesta has sold the office property Atomitie 5 in Helsinki on behalf of GNBRE (Genesta Nordic Baltic Real Estate) Fund.
TH Real Estate has agreed to acquire a 50 per cent stake in the Kamppi Centre, a prime shopping centre located in Helsinki, Finland from Barings Real Estate Advisers (BREA), acting on behalf of the Nordic Retail Fund.
CBRE Global Investors has completed the sale of three office buildings, the Zuiderhof Pavilions, located at the Jachthavenweg in Amsterdam.
Avignon Capital, a European property investment company, and its Norwegian partner Clarksons Platou Real Estate, has sold Østensjøveien 27, a prime office building in Oslo, for EUR61 million, producing an 87 per cent return on equity.
Capital & Regional has sold the Buttermarket Centre, Ipswich to the National Grid Pension Fund for a price of GBP54.7 million, at an equivalent yield of 5.9 per cent.
Rockspring Property Investment Managers, on behalf of Rockspring TransEuropean Property Limited Partnership V (TEP V), has sold the fund’s French logistics portfolio to real estate funds managed by Blackstone for a total consideration of EUR233 million.